The Latest Ct Real Estate Statistics

We are tracking the  latest real estate statistics for residential properties, last week was Thanksgiving, and typically a slow time for home sales in Connecticut, but there is always some activity in the real estate market and this is what happened in real estate for the following eastern Connecticut towns.

Tolland Ct Real Estate

One new listing came on the market, priced below $300,000.  Three home listings expired, 2 were priced below $300,000 and one priced above, two homes went under deposit, one priced above $300,000. 

Willington Ct Real Estate

Willington Ct did not have any homes come on the real estate market as new listings, and did have one home go under deposit that was priced above $300,000.

Coventry Ct Real Estate

Coventry Ct had two homes come on the market as new listings last week and both are priced below $300,000 – one of these new listings is a short sale, meaning that the seller owes more on the mortgage than the current market value of the home.   Tom and Elaine Burns are short sale specialists, if you are a buyer or seller and need help or have questions about short sales or foreclosures, please give us a call.

Columbia Ct Real Estate

Columbia Ct did not have any new listings come on the market this week and there were 3 homes that has their listings expire, one was priced above $300,000.  Two homes went under deposit and both were priced below $300,000.

There are Currently 285 Homes For Sale in Tolland, Willington, Coventry, Storrs, Mansfield and Columbia Ct, Compared to 299 Homes One Week Ago.

146 of the homes are priced above $300,000.  Six homes in these towns went under deposit from 11/22/09 – 11/30/09,  two were priced above $300,000, compared to 3 homes priced below $300,000 going under deposit the week before.  n homes expired, (meaning the homes did not sell during the time they were  on the market and the listing has now expired), five of the expired listings were priced above $300,000.

Four new listings(compared to 15 the week before) came on the market and 1 is a short sale.  We will check in again, in about 7 days with more updates, in the meantime, call us at 860-429-2852  and let us know if you have any questions!

Real Estate Activity in Tolland Ct, Willington Ct, Coventry Ct, Storrs Ct, Mansfield Ct and Columbia Ct  from 11/14/09 – 11/21/09

We know it can be hard to track the real estate market, the numbers come out long after the actual activity has occurred. Tom and I are going to keep you up-to-date on current, local real estate activity in the  Eastern Ct towns we cover on a weekly basis.  We will track how many new listings come onto the market, how many homes have sold, how many foreclosures and short sales come onto the market and how many homes go under deposit and in what price ranges.  We will cover a number of towns, this is the  real estate activity from 11/14/09 – 11/21/09 for the following towns:

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The Homebuyer Tax Credit Extension is Passed!

The Homebuyer Tax Credit extension has been passed into law.   The new extension has some additions to the original bill and is  going to open the  homebuyer tax credit to a larger pool of buyers in the following manner:

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First Time Home Buyer Extension Plus a Tax Credit for Everyone Who Has Owned Their Home For 5 Years

The new proposal extending the first time home buyer tax credit that is due to expire on November 30th  is still working it’s way through Washington, Senate leaders have agreed  to support extending the $8,000 first time homebuyer tax credit which will also offer a tax credit of up to $6500 to buyers who already own a home.  In order to qualify for the $6500 credit, repeat home buyers will need to have owned their current home for at least 5 years.  The new extension, if approved by the full Senate and then voted on and approved by the House,  will allow buyers to have until April 30th 2010 to get a signed purchase and sales contract on a home  and then they will have until June 30th to close.

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Coventry and Mansfield Ct MOMS Club

The MOMS Club of Coventry and Mansfield is a support group designed for the stay at home mom of today, this club also serves Storrs, Willimantic and Windham Ct.  The club is part of the International MOMS Club which was started in 1983 by a stay at home mom in  California who was tired of being at home alone and began looking for a way to connect with other stay at home moms, when she could not find an organization that met during the day she started the MOMS Club.  The MOMS (moms  offering moms support) Club offers support as well as organized play groups for children and is designed for moms who are interested in the world around them and want a variety of activities for themselves and their children

How to Help Families Find Support in a New Ct Community

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