OPEN HOUSES THIS WEEKEND IN NEW CANAAN SUNDAY MARCH 8

687 Carter Street 1-4PM
Just reduced to $2,199,000, this home is an amazing value
www.687carterstreet.com


60 Parting Brook 1-3PM
Lovely 4 Bedroom on 2 acres. Cul de sac location. Priced to sell at $985,000
www.60partingbrook.com


187 Lukes Wood Rd 1-4PM
Bank Owned Property. Bank says Sell Now Asking Price $2,900,000 Submit Offers
www.newcanaancountryestate.com

Seller will finance this house. No Bank Needed.New Price just reduced to $1,499,000

The owner is offering to hold the mortgage on this home. 90% financing, 6% interest only. 4 year balloon. No bank, no fees, no points, no red tape, no holdups. Motivated owner is offering this deal to saavy buyer in turn key transaction.
The house is exciting, meticulously maintained, up to date with newer kitchen and brand new master bath, resort like pool and spa and 2+ private acres. If you know of someone who would like to take advantage of this opportunity, let me know.
PUBLIC OPEN HOUSE SUNDAY MARCH 22, 2009
Click on the title above to view the website www.2sleepyhollow.com

When Will the Recession Be Over?

I walked into Garelick and Herbs the other day and a woman came up to me who had recognized me from my ads. We do not know each other but she asked me "Are we at the bottom yet?" I wish I could have answered her. As I thought about the question for several days, I read The Sunday Opinion page in yesterday's New York Times where 11 experts were asked the question " When will the recession be over"
I thought that the answer that James Grant gave was as good as any other as he relayed a story of a broker responding to a pestering client during the 1974 recession. The broker responded "When you stop asking". He concluded by saying "Today's low prices, painful though they may be, are the market's own shovel-ready stimulus. Before you know it, the stock market, and the residential real estate market, too, will be on their way back up again - just don't ask when."
Click on the title above to read what the experts have to say about it.