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.
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 !
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
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
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
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Affordable Real Estate Services in CT towns in Litchfield & Hartford Counties including Torrington, Harwinton, Goshen, New Hartford, Winsted, Avon, Canton, Farmington, Burlington, Watertown and more
Realtor since 1985, extensive experience and negotiating skills. E-Pro and ABR designations along with Certified Residential Appriaser License. CT and Mass. Real Estate licenses. Selling Homes, Condos, Land, Commercial, Investment, New Houses, Lots, Acreage and Multi Family. Serving the CT towns of Torrington, Harwinton, Goshen, New Hartford, Winsted, Barkhamsted, Burlington, Canton, Winchester, Litchfield, Thomaston. Search CT homes at http://RealtyByDan.com
e-PRO, Certified Internet Professional
ABR. Accredited Buyer Representative (Graduate)
Certified Residential Appraiser
Licensed Real Estate Broker in CT and Mass.
Specializing in single family, condo's, Land, Subdivisions, Builders and New Homes in Northwest CT.
Licensed Real Estate Broker CT & Mass
Licensed Real Estate Appraiser CT since 1990
Member Litchfield County Board of Realtors
Internet Certified, e-Pro
Certified New Home Specialist, CNHS
Accredited Buyer Representative, ABR
Member CT Assoc. of Realtors
Member National Assoc. of Realtors.
Member Realty Executives Worldwide Referral Network
Committee member for the Multiple Listing Service, Litchfield County Board of Realtors (LCBR)
Committee member on the Information and Technology, LCBR
Committee member on the Grievance Committee, LCBR
past committee member of the Budget Committee
for Litchfield County Board of Realtors
past committee member for Public Relations for Litchfield County Board of Realtors.
experienced in development & marketing of Land, Subdivisions and New Homes
experienced in Residential, Condominiums, Multi-family and Commercial
experienced in negotiating
Lifelong resident of Torrington and very familar with properties in Litchfield County, Hartford County and New Haven County.
e-PRO® Details<!-- and REALTOR<sup style="font-size: 12px;" mce_style="font-size: 12px;">®</sup> --> <!--<br> Connecticut-->
Dan Grammatica
e-PRO® Dan Grammatica is a REALTOR® and has successfully completed the e-PRO® course of instruction. Dan is licensed in Connecticut. Selling Real Estate in CT since 1985. Selling Homes, Condos, Land, Commercial, Investment, New Houses, Lots, Acreage and Multi Family. Serving the CT towns of Torrington, Harwinton, Goshen, New Hartford, Canton, Burlington, Winsted, Winchester, Colebrook, Norfolk, Cornwall, Terryville, Thomaston, Litchfield and most of Litchfield County and Northwest Connecticut. View my e-PRO Certification Contact: Location: Torrington, CT 06790 Phone: 1 860 482-2146 Cell: 1 860 482-2146 Blog: http://torringtonblog.com/
More About Dan Grammatica
Specializations:
Appraisal, Buyer Brokerage, Commercial Sales/brokerage, Condominiums, Corporate Real Estate, Land Sales/brokerage, Multi-family Sales/brokerage, New Home Sales, New Homes Builder, Relocation, Residential Sales/brokerage, Subdivision Development, Waterfront Property, Townhomes
Licensed In:
Connecticut, Massachusetts
Company:
Realty Executives Results
Address:
PO Box 1795
City:
Torrington
State/Province:
Connecticut
Zip/Postal Code:
06790
E-mail:
epro at realtybydan.com
Web Page:
http://www.realtybydan.com/
Daytime Phone:
1 860 482-2146
Evening Phone:
1 860 482 2146
Fax:
860-866-4403
Cell:
1 860 482-2146
Pager:
1 860-482-2146
Real Estate service area is west of the CT River in Hartford, CT to the NY and Mass. borders including the towns of Torrington, Norfolk, Winsted, Winchester, Barkhamsted, Colebrook, New Hartford, Canton, Burlington, Harwinton, Thomaston, Terryville, Goshen, Litchfield and most of Litchfield County, CT
Visit my websites http://dangrammatica.com
Search CT Listings at http://realestatetorrington.com
View Connecticut Home Listings at http://RealtyByDan.com
Sign up for instant e-mail listing alerts at http://myctrealestate.com
Torrington information at http://torringtonblog.com
Featured Homes at http://nwcthomes.com
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