Congratulations and Good Luck to all of you
A serious and factual look into the housing market and homes for sale in New Canaan, Ct by Denise Gannalo,an experienced, trusted and knowledgable professional and Top Producer of William Raveis Real Estate for 15 years. WWW.NEWCANAANHOMES.BLOGSPOT.COM
Showing posts with label new canaan real estate with denise gannalo. Show all posts
Showing posts with label new canaan real estate with denise gannalo. Show all posts
Wednesday, June 22, 2011
Thursday, May 5, 2011
Connecticut State Conveyance Taxes for Real Estate Increased
L E G I S L A T I V E
Bulletin
CONNECTICUT ASSOCIATION OF REALTORS, INC. www.ctrealtor.com
111 Founders Plaza Ste 1101, East Hartford, CT 06108
(860) 290-6601 FAX: (860) 290-6615
May 5, 2011
REAL ESTATE CONVEYANCE TAXES INCREASED
The following changes are effective for conveyances occurring on or after July 1, 2011. They result from approval by the Legislature and Governor Malloy of Senate Bill 1239 (the state budget).
CAR vigorously opposed these tax increases and commends those 17 Senators and 67 Representatives who voted in opposition to Senate Bill 1239
CAVEAT: Questions remain as to whether SB 1239 is a truly balanced budget since State employee union concessions remain unidentified or agreed to. Accordingly, depending on those outcomes, the possibility exists that the Legislature could revamp these or other taxes in the next several weeks. This is what has been enacted and signed into law as of now.
MUNICIPAL CONVEYANCE TAX
Termination (sunset) date of higher current rate is revoked. The roll-back scheduled for July 1 is permanently cancelled. The practical effect in most towns is the rate continues at 0.25% except for these 18 targeted investment communities where the rate remains at 0.50%: Bloomfield, Bridgeport, Bristol, East Hartford, Groton Hamden, Hartford, Meriden, Middletown, New Britain, New Haven, New London, Norwalk, Norwich, Southington, Waterbury, and Windham and 0.35% in Stamford.
STATE CONVEYANCE TAX
Goes From To
Nonresidential 1.0% 1.25%
Residential
$800K or less 0.5% 0.75%
Portion over 800K 1.0% 1.25%
PROPOSED BUYERS CONVEYANCE TAX
This legislation, originally defeated n Committee, was resurrected as an amendment to Senate Bill 866 (concerning Wine Festivals) and awaits action in the Senate. CAR continues to lobby against it.
Bulletin
CONNECTICUT ASSOCIATION OF REALTORS, INC. www.ctrealtor.com
111 Founders Plaza Ste 1101, East Hartford, CT 06108
(860) 290-6601 FAX: (860) 290-6615
May 5, 2011
REAL ESTATE CONVEYANCE TAXES INCREASED
The following changes are effective for conveyances occurring on or after July 1, 2011. They result from approval by the Legislature and Governor Malloy of Senate Bill 1239 (the state budget).
CAR vigorously opposed these tax increases and commends those 17 Senators and 67 Representatives who voted in opposition to Senate Bill 1239
CAVEAT: Questions remain as to whether SB 1239 is a truly balanced budget since State employee union concessions remain unidentified or agreed to. Accordingly, depending on those outcomes, the possibility exists that the Legislature could revamp these or other taxes in the next several weeks. This is what has been enacted and signed into law as of now.
MUNICIPAL CONVEYANCE TAX
Termination (sunset) date of higher current rate is revoked. The roll-back scheduled for July 1 is permanently cancelled. The practical effect in most towns is the rate continues at 0.25% except for these 18 targeted investment communities where the rate remains at 0.50%: Bloomfield, Bridgeport, Bristol, East Hartford, Groton Hamden, Hartford, Meriden, Middletown, New Britain, New Haven, New London, Norwalk, Norwich, Southington, Waterbury, and Windham and 0.35% in Stamford.
STATE CONVEYANCE TAX
Goes From To
Nonresidential 1.0% 1.25%
Residential
$800K or less 0.5% 0.75%
Portion over 800K 1.0% 1.25%
PROPOSED BUYERS CONVEYANCE TAX
This legislation, originally defeated n Committee, was resurrected as an amendment to Senate Bill 866 (concerning Wine Festivals) and awaits action in the Senate. CAR continues to lobby against it.
Friday, April 29, 2011
New Canaan #2 in US as Best School System for Learning by Great Schools.org
Saxe Middle School in New Canaan
“They may have better surfing, but if I read the break correctly, we have a better school system,” Williams, chairman of the New Canaan Board of Education, said in a humorous salvo aimed at Manhattan Beach, Calif. New Canaan is listed by GreatSchools as the No. 2 education town with a median home price of $800,000 or more. Manhattan Beach was voted No. 1.
Westport, at No. 5, and Darien, at No. 6, also made the list. Ahead of them were two other California towns: Lafayette and Palo Alto. Rounding out the Top 10 are Orinda, Calif.; Weston, Mass.; Rye, N.Y.; and Cupertino, Calif.
Williams said the No. 2 ranking is great news for New Canaan, which was third in the 2010 GreatSchools rankings. “We’re delighted to be on the list last year, and we’re equally delighted to be on the list this year, especially since we’ve moved up,” Williams said. “It’s an honor for the entire district, the teachers and staff as well as the students and parents
Saturday, April 23, 2011
Happy Easter
Easter is a time for hope, renewal of spirit, rekindling of faith and rejoicing in the triumph of the Lord. It is also the time to reach out to our loved ones and come together...
Enjoy your day and time with special people as we look forward to spring....
Friday, April 22, 2011
Wow! Just Reduced Today and Ready for Spring. Contemporary Perfection at 34 Wardwell Drive, New Canaan, Ct
Just reduced to $2,095,000, this picture perfect residence is ready for spring. Enjoy the colorful gardens as spring unfolds. Priced to sell and ready to enjoy.
Friday, March 11, 2011
Subscribe to:
Posts (Atom)