Can the Ipad save Real Estate Newspaper Advertising

Interesting thoughts for Real Estate Agents. Should I get an Ipad now or wait for everyone else before I realize it is a good idea. Click on title.

For anyone interested in a beautiful Florida townhouse

This beautiful townhouse is located in Plantation Florida in Fort Lauderdale. It is priced at $219,900 and has stunning waterviews, low taxes, 2 bedrooms and 2 1/2 baths. I have set up at website at www.waterfrontplantationtownhouse.com. Click on the title above to view the website.

Just Listed. Waterfront Lake TownHouse in Fort Lauderdale

VIEW FROM THE PATIO TAKEN ON 1/29/2010


My inlaw's condo is now for sale in Plantation,Florida. It has stunning waterviews and it's location is suburb. Located in The Waterford Court Condos at Jacaranda, this 2 bedroom, 2 1/2 bath condo is immaculate and move in. Best of all it is priced at $219.900 and it also available to investors who be allowed to rent it.

Ups and downs of 2009

Ups and downs of 2009

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Open House in New Canaan this Sunday 1/24/2010 1-3pm. New Construction Geo Thermal Green House

Stop by and see this leading edge new construction. Save 60% on utility costs with this cutting edge but practical home.

New York Times Article Sunday Jan 17, 2010. In The Region "Sales Pick Up"

This article appearing in the New York Times Real Estate Section is a wrap up of 2009. I was interviewed for this article by Lisa Provost, the writer, and I am quoted.

Ecofriendly New Construction

This magnificent New Canaan CT new construction home is as beautiful as it is eco-friendly.

Its Energy Star certification ensures it will save the environment as well as an owner's pocketbook. It boasts 6 bedrooms, 8.5 baths, 8000SQFT on 2.8 hilltop acres. Green features include state-of-the-art geothermal heating and cooling, high performance Icynene insulation, Energy Star Pella windows and doors, 100 yr architectural slate style roof w/copper gutters, as well as maintenance free Hardiplank siding and architectural Azek exterior molding and trim.

Enjoy the grand 2 story entrance with mahogany curved staircase, 4 stone fireplaces. Kitchen, butlers pantry and baths designed by Kitchens by Deane. Other features include a covered outdoor room with fireplace, 3 finished floors framed for elevator. Back up generator. Setting a new standard in environmentally conscious New Construction.

How's The Market. The Ups and Downs of 2009

SOLD 2009






The New Canaan Real Estate market took a wild ride last year. After a steep run up in prices in the first half of the decade, home values started to level off. Then in September of 2008 as a result of the national credit crisis affecting the entire country, home sales in New Canaan slowed to a grinding halt. As a result, there were no sales at all in January 2009 and the remaining of the first quarter 2009 was also pretty dismal with ten sales in total for the quarter representing a drop of 66%.

Not much change in April 2009 with only 6 sales but in May and June, activity started to pick up with 17 sales in each month resulting in 40 sales for the second quarter as compared to 54 sales in 2008 reflecting a decline of 26% for that quarter.

However, as prices continued to fall and fixed mortgage rates were sitting at record lows, sales improved through the summer and created some wonderful opportunities for bargain hunters. As the third quarter finished in September 2009, there were 66 sales which represented an increase from 62 sales in 2008.

The fourth quarter finished the year with a substantial gain over 2008. There were 35 sales as compared to only 14 in 2008.

Tallying up the sales for the year 2009 we had 151 transactions as compared to 163 in 2008, representing a decline in sales of only 7.4%. Compared to the disappointing way the year started out, this is a surprising but encouraging ending and indications are that we will continue to see moderate activity in the early start of this year.

Selling prices however did not fare as well here in New Canaan. The average selling price for 2009 was $1,678,379 as compared to $2,120,804 in 2008. representing a decline of 21% in prices which parallels national home prices which also simarly declined.

Of the 151 sales in New Canaan, the average days on the market was 201 which was an increase of 18 days over the 2008 average of 183 days and the average list to sell ratio was 90% in 2009 as compared to 95% in 2008.

Regarding the condo market, there were 31 condo sales with an average price of $720,629 down from $908,363 in 2008. The average days on the market were 215 days with a 92% list to sell ratio in 2009.

Even though we did see a marked drop in home prices, the more encouraging news is that the New Canaan Real Estate Market activity sprang back significantly in the second half of 2009 which is key to returning to a normal marketplace. The real estate market here is very local and while it is interesting to watch the national housing market, it is important to stay on top of the local dynamics here.

New Year's Wishes

I was thinking about the upcoming year and what I would personally like to accomplish. In doing so, I started to reflect on my goals for my clients and what the real estate industry is really about. Despite the current economical situation, plans change and people's needs change also. However, I think it is fair to say that everyone desires to have a home to go to so my wishes for you in 2010 are as follows:

A place where you can put your first mark of adulthood after college pay off

A place where you can lay your head after a busy workday

A place where you can mark the kitchen wall with your children's height

A place where friends and family can come and be welcome

A place where you can retire with ease and comfort

A place where you can grow and watch things grow


Things will not be the same tomorrow and tomorrow can change in a day or a year but everyone should have a place called home.
Best Wishes for a Happy and Healthy New Year

Happy Holidays

WHAT A DIFFERENCE A WEEK MAKES


MEAD PARK SUNDAY DECEMBER 20


MEAD PARK DECEMBER 27

Peace and Goodwill

Throughout this Holiday Season Best Wishes to you and your family and friends.

Short Sales, A Long Process

Having been involved in several short sales and anticipating more to come, I found this article in The New York Times very interesting.