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Dan Grammatica, e-PRO

The $8000 tax credit will be extended

The $8000 homebuyer tax credit will be extended and will allow all homebuyers not just first timers but they'll be income limits. This should be voted on this week. More details to follow.

Buy now before PRICES go DOWN, huh?

What does this mean?
Well it means that if your waiting for prices to go down 10% or so before you buy, you should consider that when that happens the interest rates may be more than today's interst rates.

For example: If you buy a $300,000 home and wait til it goes for $270,000 (10% savings) and the interest rate jumps to 6.99% which is quite possible, you'll be paying approx. $516,600 over 30 years based on 20% down.

If you buy that home NOW at $300,000 at 5% interst rate, you'll be paying approx. $463,680 over 30 years based on 20% down.

In conclusion, you pay less for the $300,000 home now, than you will for the $270,000 home later.$463,680 for the home now and get to live in in now and save money, even prices go down.

Thus the theory, BUY NOW BEFORE PRICES GO DOWN !

CT Real Estate Market Update

Connecticut Real Estate Update for Torrington, Burlington, Canton, Harwinton, Winsted,

New Hartford, Thomaston and Plymouth

Connecticut Single Family Residential Listings - ON THE MARKET as of 9/9/09

Torrington Homes For Sale - 192

New Hartford Homes For Sale - 61

Winsted/Winchester Homes For Sale - 124

Harwinton Homes For Sale - 58

Burlington Homes For Sale - 91

Canton Homes For Sale - 71

Thomaston Homes For Sale - 42

Plymouth Homes for Sale - 96

CT Homes Under Contract and Deposits after 6/11/09 (last 3 months)

Torrington Single Family Houses - 78 or 26 per month

New Hartford Single Family Houses - 21 or 7 per month

Winsted/Winchester Single Family Houses - 28 or 9.33 per month

Harwinton Single Family Houses - 10 or 3.33 per month

Burlington Single Family Houses- 25 or 8.33 per month

Canton Single Family Houses - 16 or 5.33 per month

Thomaston Single Family Houses - 15 or 5 per month

Plymouth Single Family Houses - 36 or 12 per month

Top Listing Agent for June 2009

Realty Executives Results is proud to announce that Barbara Ferrarotti was awarded the Top Listing Agnet for June. "Barbara is 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.

Wine Festival, Litchfield CT

WINE FESTIVAL

June 20 and 21 at Haight-Brown Vineyards in Litchfield, Connecticut

Wines are reasonably priced in the $14 a bottle range a great value and great tasting.

visit their website: http://haightvineyards.com