Old Lyme Real Estate News
Real Estate news for Old Lyme, CT continually updated from thousands of sources.
Tuesday Aug 4 | via The Day
New London County home sales rose by nearly 30 percent in June compared with the same month last year as the region far outpaced a sizzling Connecticut real estate market. But despite the hot market capping the end of the key spring selling season, prices in New London County lagged. Comment?
Jul 7, 2015 | via The Day
Home sales in eastern Connecticut soared 13 percent in the second quarter while prices remained stable compared with a year ago, according to real estate statistics released Tuesday. Quarterly statistics released by the Eastern Connecticut Association of Realtors, which covers New London and Windham counties, showed nearly 1,000 single-family home sales in the key April-through-June period. Comment?
Jun 3, 2015 | via The Day
Sales of single-family homes in New London County got off to a strong start in April, beating most other area of the state. Prices saw a boost, too. Comment?
Apr 23, 2015 | via The Day
Waterford - Charter Oak Federal Credit Union's 75th year turned out to be one of its best despite flat profits, the financial institution's leader said before the 2015 membership meeting Thursday at the Port 'N' Starboard banquet hall in New London. Chief executive Brian A. Orenstein, in an interview at Charter Oak's new headquarters building off Route 85, said the credit union's assets grew 7 percent last year, reaching a record $847 million. Comment?
Apr 7, 2015 | via The Day
With snowstorms parading through southeastern Connecticut at a brisk pace over the past three months, real estate professionals weren't expecting the first quarter of the year to break any sales records for single-family homes. So statistics released Tuesday showing sales were basically flat and prices rose more than 6 percent turned out to be better news than many expected. Comment?
Thursday Aug 13 | via Daily Mail
Mystery of Connecticut businessman and his wife missing more than a week - and now it emerges the husband was millions f dollars in debt and lost a home to foreclosure Jeanette Navin, 55, and Jeffrey Navin, 56, were reported missing August 7 by family who told police they have not been seen since August 4 Jeffrey Navin is president of a Westport-based trash-hauling company; wife Jeanette has been school library aide for 18 years The couple's family released a statement downplaying financial woes and saying they still have money on their bank accounts A middle-aged Connecticut business owner and his librarian wife have been missing for more than a week, and now new information has merged revealing that the husband was more than $2million in debt. Comment?
Thursday Aug 13 | via KAUZ
The president of the University of Texas has ordered that a statue of Confederate President Jefferson Davis be removed from the center of campus, but that statues of other Confederate figures will stay. The University of Texas will move a statue of Confederate President Jefferson Davis away from the center of campus, but statues of other Confederate figures will remain, school president Greg Fenves announced Thursday. Comment?
Jul 22, 2015 | via The Westport Daily Voice
Coldwell Banker's Tamar Lurie, an award-winning Realtor affiliated with the company's Greenwich office, once again ranked among the nation's top real estate professionals out of hundreds of thousands of agents across the country. With close to $100 million in sales volume in 2014, Lurie was ranked No. Comment?
Jul 16, 2015 | via Banker & Tradesman
Business conditions in the First District were reported as balanced or improving, according to the Federal Reserve's latest Beige Book report. The First District includes all of New England except for Connecticut's Fairfield County. Comment?
Jul 15, 2015 | via News Times
Entering July, a house at 1 Saugatuck Ridge Rd. in Danbury, Conn. sold for nearly $590,000, with the house listed by Jean O'Neill in the Danbury office of William Pitt Sotheby's International Realty. Comment?
4 min ago | via San Diego Reader
A local banker has been dealt an 18-month federal prison sentence for his role in a bribery scheme, Courthouse News Service is reporting. San Diegan Israel Hecther paid nearly $1 million during his time as the owner of Ocean 18 and Note Tracker Corp. for assistance in rigging bids that allowed him to purchase mortgage loans originated by GMAC Mortgage, JP Morgan Chase, and National City Bank. Comment?
14 min ago | via Business Journal
If the Federal Reserve soon raises interest rates, it may not impact homebuyer's bottom line as much as the psychology behind buying a home. The Fed hasn't made a decision yet, but most analysts expect interest rates will be raised sometime between mid-September and the end of the year. Comment?
16 min ago | via Inman Real Estate News
Takeaways: Frugality has helped RealDirect outlast some other discount brokerages, the firm says. Technology and lead generation can enable realty firms to offer discount rates. Comment?
17 min ago | via Inman Real Estate News
Takeaways: Renters of single-family homes are more likely to buy compared to those renting apartments. Just over half of all renters intend to year renting for the next three years. Comment?
17 min ago | via Inman Real Estate News
One of the common themes raised by many agents is how to overcome the fears that are limiting them from dollar-productive activities that lead to success. Is fear holding you back? We're not necessarily talking about a major traumatic experience that leaves you trembling in your shoes - maybe it's just a discomfort in certain social situations or a nervousness about approaching new prospects. Comment?
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