The Legislature's Finance Committee voted 29-to-21 yesterday to overturn the scheduled reduction in the municipal conveyance tax. Current law says that a 2003 emergency increase in the tax expires on June 30, 2008. Voting within twenty-four hours after thousands of anti-tax petitions were delivered by REALTORS® at the Capitol, this is a momentary setback in the campaign to save the current law's "sunset" provision. On the other hand, the Committee debate, and the fact that six Democrats joined with 15 Republicans to oppose the extra tax, is a positive sign. The Substitute was a change from the original bill, which made the extra conveyance tax permanent. Instead, the Committee-approved bill extends the higher rates to June 30, 2010. The bill, Substitute HB 5885, still MUST go to the full House and Senate.
Contact your elected officials now and pressure them to stop the double taxation on home sellers. Go to http://www.myhouse-mymoney.com/ - a website CAR has created as part of an aggressive media campaign launched to convince lawmakers to sunset the extra municipal conveyance tax. When visiting this website, you can also listen to the three different radio spots that began airing throughout the state on March 3.
source: CT Assoc. Realtors
Connecticut Single Family Residential Listings - ON THE MARKET as of 3/8/08
Torrington Homes For Sale - 184
New Hartford Homes For Sale - 38
Winsted/Winchester Homes For Sale - 98
Harwinton Homes For Sale - 31
Burlington Homes For Sale - 84
Canton - 76
CT Homes Under Contract and Deposits after 12/7/07 (last 3 months)
Torrington Single Family Houses - 55 or 18.33 per month
New Hartford Single Family Houses - 11 or 3.66 per month
Winsted/Winchester Single Family Houses - 22 or 7.33 per month
Harwinton Single Family Houses - 5 or 1.66 per month
Burlington Single Family Houses- 15 or 5 per month
Canton Single Family Houses - 18 or 6 per month
Supply and Demand For Single Family Homes in CT
According to the above data the absorbtion rate/supply is:
Torrington with an inventory of 184 homes and selling at a rate of 18.33 per month
Torrington has a 10 month supply
New Hartford with an inventory of 38 homes and selling at a rate of 3.66 per month
New Hartford has a 10.38 month supply
Winsted/Winchester with an inventory of 98 homes and selling at a rate of 7.33 per month
Winsted/Winchester has a 13.36 month supply
Harwinton with an inventory of 31 homes and selling at a rate of 1.66 per month
Harwinton has a 18.67 month supply
Burlington with an inventory of 84 and selling at a rate of 5 per month
Burlington has a 16.8 month supply
Canton with an inventory of 76 and selling at a rate of 6 per month
Canton has a 12.66 month supply
The Litchfield County Board of Realtors in sponsoring an Equal Housing event in Torrington, CT.
Equal Opportunity in
Presented by
Litchfield County Board of REALTORS®, Inc.
Equal Opportunity in Housing Committee
TENANTS & LANDLORDS
KNOW YOUR RIGHTS AND RESPONSIBILITIES!
OPEN TO THE PUBLIC
COURTESY OF LITCHFIELD COUNTY BOARD OF REALTORS®, INC
Limited seating available; reservations are REQUIRED!
Thursday, April 17, 2008
Cornucopia Banquet Hall, 371 Pine Woods Road, Torrington, CT
6:30 PM Dessert/Beverage Service - 7:00 PM Presentation, Q&A Session
COST: Without Charge - Coffee, Tea & Dessert Included
This program will present the following three speakers:
SPEAKER: Greg Kirschner, Esquire
Connecticut Fair Housing Center
TOPIC: Highlights of Recent Fair Housing Cases
SPEAKER: Joe Wincze, Director
Fair Housing Association of Connecticut
TOPIC: Housing Discrimination Based on Race - Is it a Dead Issue?
SPEAKER: Representative from HUD (TBA)
US Dept. of Housing & Urban Development Office of Fair Housing & Equal Opportunity
TOPIC: TBA
The speakers will discuss topics relevant to Equal Opportunity in Housing issues in Connecticut. This program is without charge, open to the public and will include assorted desserts, coffee and tea. Limited seating available; reservations are required.
Deanne Raymond and Barbara White OF REALTY EXECUTIVES RESULTS
HAVE BEEN NAMED TOP PRODUCERS of 2007
Torrington, CT - Deanne Raymond and Barbara White of Realty Executives Results have been named "Top Producers for 2007" at the Locally Owned and Operated, Torrington Office of Realty Executives Results.
• This award is given to the top agents in each franchise based on annual earnings.
"We are proud to honor Deanne and Barbara with these awards because it exemplifies their commitment to customer service and exceptional sales performance," said Dan Grammatica, Broker/Owner of Realty Executives Results. Realty Executives Results is locally owned and operated. Realty Executives Results located in Torrington and has salespeople providing real estate services to all of Northwest CT and the Farmington Valley. Visit us at www.RealtyExecutivesResults.com.
Realty Executives International established in 1965, is headquartered in Phoenix. Realty Executives International agents possess the highest qualities of experienced, professional real estate executives. For additional company information, call 1-800-252-3366, or visit http://www.realtyexecutives.com/.

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