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The TNT Real Estate Chronicle
April 2013 Edition |
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Wendy Tremaglio and Steven Thomson 800-828-2177
Connecticut Magazine 2012,2013
 | | Diamond Society Award 2010 - TNT Partners |
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April is here and so is the robust spring market. WOW! "Who flipped the switch?", is what agents are asking themselves. As we have continued to give you the play by play of the current market conditions, we saw this on the horizon.
Bidding wars are becoming common place on homes priced right and that look their best. Agents are preparing their buyers ahead of time, which is making good sense as the market is slowly putting the sellers back in the drivers seat.
Low inventory remains an issue, and is pushing prices higher and creating multiple offers on homes positioned well. The trickle of new homes is being met with ready willing and able buyers.
Mortgage rates maintain their accommodative range further assisting the overall process. Freddie Mac reported that average fixed mortgage rates edged down for the second consecutive week.
First quarter 2013 results are in, sales are up in Westport, Wilton, Norwalk - down in Weston and Fairfield. Average sales price is up in Westport, Weston, Wilton, down in Fairfield and Norwalk. Check out our Market Action Reports for the details.
This Sunday is the Coldwell Banker Open House Event, 33 homes ranging in price from $309,900 to $2,295,000 are on the tour. Going to open houses is a good way to get a better sense of the market.
As always we are here for you to answer any questions or concerns, please do not hesitate to reach out. If you know of anyone who is looking to buy or sell, we would appreciate the referral.
Wendy and Steven
P.S. We have started something new in this issue of the Chronicle, sharing with you local businesses that we know and who are contributing to our community through the services they provide. Scroll down to see who they are. |
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| Home and Real Estate Topics | |
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One out of five bank risk professionals now expect the approval criteria for loans to become less stringent, the third highest level ever registered for looser lending standards in the three year history of the FICO survey.
As the time to file income taxes approaches, we need to take a new look at the changing tax landscape for homeowners.
During New Homes Month in April, the National Association of Home Builders (NAHB) is showing home buyers why they can afford a higher-priced home-if it's new construction.
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| Monthly Market Action Reports |
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Looking for market data for your town?
Property sales, price trends, inventory, months supply of inventory, selling price per square foot, selling price vs. listing price ratio. Comprehensive reports at TNT Market Action Reports.
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| Search Every Property on the Market |
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Search like an agent!
Sign up is not required. However you do have the option to set up your own account, save searches, stay updated on sales/price changes. You can also sign up for a Listingbook account. Start your search here |
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Community Businesses "Our Picks of the Month" | |
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Dr. Brian Henninger, N.D., Naturopathic Physician, focuses his practice on Pediatrics and Family medicine. His mission is to provide quality health care through the principles of natural healing. To facilitate deep through healing in a manner that is effective, painless, and easy.
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"With a background in art and graphic design, I find inspiration in everything - so when I see an old chair or dresser or a blank wall, I can easily visualize and apply a look to it that complements its surroundings and makes people smile." Sue Alexander |
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Coldwell Banker
Westport Riverside
472 Riverside Ave
Westport, Connecticut 06880 |
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