Thursday, July 14, 2011

Gannalo earns top honors from Raveis for 2010

Gannalo earns top honors from Raveis for 2010
Denise Gannalo, sales vice president of William Raveis Real Estate, has been honored as a Company Top Producer for the year 2010. Gannalo was also awarded the New Canaan office honor of the No. 1 individual sales agent receiving the awards for Top Listing Agent and Top Producer for 2010 as well as Top Agent in closed units for New Canaan.




In addition to her achievements in New Canaan, Gannalo was also awarded the recognition of the No. 4 Top Producing Agent in Connecticut and No. 6 Top Producing Agent in the entire company of 2,700 sales associates in 80 offices in seven states spanning New York through Maine. Gannalo currently has a personal listing inventory of properties for sale exceeding $35 million dollars.



Bill Raveis, chief executive officer and chairman of William Raveis Real Estate, presented the awards to Gannalo at the company’s annual awards luncheon at his home held Wednesday, May 25.



“Congratulations on your outstanding success as a Top Producer in the company for 15 years and New Canaan’s Top Individual Producer,” Raveis told Gannalo. “You have continuously demonstrated your superior sales knowledge and commitment to excellence throughout your 29 year career supported by your recognition as the No. 1 individual sales executive in the New Canaan office.



“As a member of our company’s ‘Chairman’s Elite Club,’ you also represent the top one percent of all agents nationwide. This achievement is testimony to your leadership and understanding of the New Canaan real estate market where you truly understand the high level of commitment that is required to service your clients.”



Gannalo has been a sales vice president for the company since 1996. She is also a managing director of the Exceptional Properties Division for the firm which focuses on the luxury home market. She is a Connecticut appraiser, a graduate of the Real Estate Institute, and is an industry trainer for the company often speaking to agents on the real estate industry. She ranks in the top one percent of all agents nationally. Gannalo is often quoted in the media as a real estate expert and writes a real estate blog newcanaanhomes.blogspot.com



Gannalo holds a broker’s real estate license and is a member of The New Canaan Board of Realtors as well as a member of the Consolidated Multiple Listing Service, which covers Fairfield County.



Her office is located at 4 Elm Street and she may be reached at 966-4444 or at denise.gannalo@raveis.com

Home sellers who bought after 2007 now overprice their homes 14%



This is a great article and holds true even for the New Canaan market. I deal with this on a constant basis. Read on................

Home sellers who bought after 2007 now overprice their homes 14%

Tuesday, July 12, 2011

A visit to The Glass House in New Canaan

I recently visited Philip Johnson's Glass House with a friend. I have posted some beautiful pictures below. The property is a statement in spacial order and design. The sum of the elements of the property each fit together to make  a whole masterpiece. The tour lasted one and one half hours, was well commentated and is truly worth the trip. You can buy tickets on the website and pick them up at The Visitors Center on Elm Street in New Canaan.






Monday, July 11, 2011

Second Quarter New Canaan Results are in

Well, in spite of the latest weak job and economic reports, the following hard data supports the New Canaan Real Estate market improving.  After the first half of 2011, there is a distinct increase in average price, number of sales and sales volume over the first half of 2010.

The number of sales increased to 136 vs 116 for the first half of the year, a 17% increase.
Total volume increased to $255,314,365 from $183,758,650, a 38% increase.
Average selling price increased to $1,877,311 from $1,597,857 a 17% increase.
Days on the market decreased to 181 from 238, a 23% decrease.

We will be watching this positive trend and see if it continues.  Meanwhile.............................

                        34 Wardwell Drive, New Canaan,  Closing Today
My other June closings............


84 Stonehenge Closed at $1,950,000
58 Lakeview, Closed at $800,000
21 Shady Knoll, Closed at $1,650,000
2 Oakwood Lane, Westport  Closed at $950,000
383 Greenley Road, Closed at $1,975,000
314 Birch Road Fairfield, Closed at $1,475,000