Norwalk, CT

For a limited time home buyers can claim a special tax credit worth up to $8,000. The American Recovery and Reinvestment Act offers qualifying homebuyers a tax credit equal to 10 percent of a home's purchase price, up to a maximum of $8,000. The tax credit is offered to first time homebuyers, and those who have not owned a principle residence in the past three years. To be eligible for the tax credit, the home purchase must be recorded between January 1 through December 1, 2009.

The full tax credit is offered to buyers with reported income up to $75,000, or $150,000 for married couples filing a joint return. Partial tax credits are available to for those with income levels up to $95,000, or $170,000 for those filing jointly. Contact us today for more details on this exciting program! HTTP://WWW.RUSPINIREALTY.COM

OR EMAIL ME AT JENNIFER@RUSPINIREALTY.COM

YOUR SOON TO BE REALTOR JENNIFER RUSPINI 203-410-9484

Norwalk, CT- The Science Fair Awards Assembly will be held at Norwalk High School, April 6th, Monday evening at 6:30 PM in the auditorium. The Special Award recipients, the first, second, third, and honorable mention winners will be recognized. The Best of Fair awards will be conducted at the end of the program.

The science fair was held February 2 through February 4 at West Rocks Middle School. The objectives of the science fair include the following: to stimulate students' interests in the sciences and provide them with opportunities for experimental research, for creative inventions and for opportunities to interact with real scientists. The students in Norwalk have come a long way! Based on the judges' observations last year, the caliber of the experimental research and the unique design of the inventions have shown a significant improvement in terms of sophistication and creativity. Many of the high school students have received awards at the Connecticut State Science Fair. The science fair has been one of the major vehicles for demonstrating the fact that Norwalk students have a great deal of scientific talent.

"Every year I continue to be impressed with the exceptional scientific talent, creativity, and hard work that is demonstrated by our students," commented Ken Martinelli, science instructional specialist.

On the average a total of $10,000 of prize money has been donated.

Northrop Grumman Norden Systems will provide $1500 in funding for the "Best of Fair Awards", at the elementary, middle and high school levels, which are the fair's most prestigious awards, as well as providing judges for the fair.

The Leo and Libby Nevas Family Fund of the Fairfield County Community Foundation sponsor all first, second and third place awards. (First place winners received $100, 2nd Place $50 and 3rd Place $25.)

Winners of special awards receive checks, gift certificates, savings bonds or other prizes, and provide judges from local industry and service organizations, such as: Arch Chemicals, Inc., Brooks Laboratories, General Electric Company, Sidney Gerhard Memorial, King Industries, Inc., MBI, Inc., Norwalk Kiwanis Club, Norwalk Lions Club, Norwalk Woman's Club, Pepperidge Farm, Purdue Pharma, L.P., Benedict Rich, D.D.S., Stew Leonard's, R. T. Vanderbilt Chemical Company, Inc.

A cadre of judges from corporate sponsors, the community and Norwalk Public School teachers volunteered to serve in the 2 day judging process.

This is the snapshot of today's real estate market in Norwalk, CT.

There are no properties under contract today, and compared to the snaphot taken back in December 15th, 2007, we can see a slight reduction in the number of active Single Family homes for sale listed in the MLS from 335 to 303 or about a 10% reduction.

In terms of median listing price, it went from $579,900 to $599,000, an increase of over 3%.

In other words, we can see a relative reduction in inventory and an increase in Median Listing Price that are taking about 10% more time on the market (144 DOM).