Prospect, CT

Happy Valentine’s Day 2011

It’s Valentine’s Day and the most important thing to remember is to recognize that special someone in your life.

It’s expected that this year men will spend, on average $185 on their special Valentine, a large portion of which is the cost for that special dinner.

Women, on the other hand, will spend an average of $80 dollars on their special person.

The wise person in me will make no further comment on that statistic.

Happy Valentine’s Day

Prospect CT Real Estate Sales Report for January 2012

Currently in Prospect CT there are 60 active residential listings for sale, with 12 new listings being added in January. The homes for sale in Prospect CT range from an 840 square ft, 2-bedroom mobile home, listed at $20,000 to a 3,086 square ft, 4-bedroom colonial listed at $579,900. The average list price of the homes currently available for sale in Prospect CT is $303,250. The average days on market for these homes are 183 days.

There are 11 homes under contract in Prospect CT. The average list price for these homes is $266,875 with an average day on market of 103 days.

There were 5 home sales recorded in Prospect CT in January. They ranged from a 2,600 Sq ft 3-bedroom colonial, which sold for $377,000 to a 864 sq ft 3 bedroom, REO ranch style home which sold for $90,000. The average list price for these homes was $224,880 with an average day on market of 114 days. The closed properties had a Sales price to List price ratio of 93%.

There were 5 home sales recorded in Prospect CT in January. They ranged from a 2,600 Sq ft 3-bedroom colonial, which sold for $377,000 to a 864 sq ft 3 bedroom, REO ranch style home which sold for $90,000. The average list price for these homes was $224,880 with an average day on market of 114 days. The closed properties had a Sales price to List price ratio of 93%.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

If you would like information on homes for sale in Prospect CT, please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discusshomes on the market in Prospect CT.

Prospect CT Real Estate Sales Report for January 2012

14 Pinecrest Dr, Prospect CT

MLS# N315547, Listed at $155,000

It’s the best real estate value in Prospect CT, already priced well below value. A home that will provide an instant equity to the home buyer that will provide the TLC needed.

Almost ½ acre of privacy
A 7 year old roof architectural roof
One year old hot water heater
1 year old well tank
Upgraded electrics.

This is a home that has served a family for almost 50 years and awaits the new owners. A taste of rustic retreat with wood paneled walls, which give one a feeling of cozy warmth. Yes, it has a few little items that need attention, and that’s why the price is low, so the new owner can do it their way.

Ideal for an empty nester of a downsizing couple looking to add their input.

Come take a look, realize the potential and own your own little piece of Prospect CT.

Conveniently located near pharmacy, grocery, banking, post office, even the best little ice cream parlor in the area.

14 Pinecrest Dr Prospect CT

Some Mortgage Relief for Connecticut Home Owners is Coming

There may be some relief for home-owners in Connecticut that were victims of the robo-signing scandal. A $25 Billion dollar settlement with the 5 largest mortgaging servicing banks will see almost $200 million dollars find its way into Connecticut.

The 5 banks identified in this settlement are Chase, Wells Fargo, Bank of America, Ally Bank formerly GMAC and JPMorgan Chase.

Of importance in this settlement is the reality that banks should be easier to deal and communicate with for borrowers. The frustrations of getting passed along form one bank employee to another with the

The settlement has the potential to help many Connecticut home owners who have mortgages with these banks to recover and get bank from the potential of foreclosure. It could also result in changes to mortgages including reductions in loan principal. The servicers have three years to meet the terms of the settlement.

There are an additional 9 loan servicers under scrutiny, which could bring relief for other borrowers.

As part of the settlement, banks are required to reach out to their borrowers, however, the contact numbers for these banks are as follows, for those people who do not want to wait:

Bank of America: 877-488-7814
Citigroup: 866-272-4749
JPMorgan Chase: 866-372-6901
Ally/GMAC: 800-766-4622
Wells Fargo: 800-288-3212.

The full text of the article from the Hartford Courant can be read here.

Some relief for Connecticut home owners is here, and hopefully more will follow.

Some Mortgage Relief for Connecticut Home Owners is Coming

Super Bowl Sunday Where's the Food?

Super Bowl XLVI is just hours away. A normal football game of 60 minutes, will take 3 hours to play, but Super Bowls take upwards of 4 ½ hours.

An important part of a Super Bowl is the food and this should be no exception. The list is a compilation of facts based on previous years of Super Sundays.

Take some inspiration from the following game day statistics to either follow the trends or to take the food path less traveled with healthy and gourmet game day snacks.

• Super Bowl Sunday is the second largest day of food consumption behind Thanksgiving.
• 1,200 calories: Amount the average Super Bowl watcher will consume while snacking.
• Football fans are expected to eat an estimated 69.6 million pounds of avocados during this year’s Super Bowl, mostly in guacamole.
• The most popular take-out and delivery items on Super Bowl Sunday are pizza, chicken wings, and sandwiches.
• It is estimated that Americans will eat 90 million pounds of chicken wings, which breaks down to 450 million individual wings!
• An astounding 14,500 tons of chips and 4,000 tons of popcorn are eaten on Super Bowl Sunday.
• Budweiser has been the exclusive Super Bowl beer advertiser for the past 17 years, and will continue to be until at least 2014.
• Super Bowl Sunday is the biggest winter grilling day of the year.
• Approximately 54% of Americans will consume coffee the morning following Super Bowl Sunday.
• According to 7-Eleven stores, there is a 20% increase in the sale of antacids on the day after the Super Bowl.

GO PATS !!!!!!!!

Super Bowl Sunday Where's the Food?