150th Anniversary of The Race

The Harvard-Yale Regatta otherwise known as the Yale-Harvard Regatta is the longest running collegiate athletic competition in the United States. Gales Ferry is part of this long history as both teams have training camps on the Thames River. The Yale Camp is on Riverside Place in Gales Ferry Village. You can find Harvard just up the road on Military Highway at Red Top. Yesterday, Ledyard Mayor Rodolico presented each team with a 150th Anniversary proclamation.  With a sense of humor and not to offend either team, the Mayor made sure that Yale’s proclamation read “The Yale-Harvard Regatta" while Harvard’s proclamation reversed the order.

Yale - Harvard

   Harvard Yale


Little Bites of Ledyard

toughlove

Here is the link to everything you need to know about this week’s Ledyard Farmers’ Market.  Can you say Munchie’s Food Truck??  I’m thinking I won’t need to cook supper on Wednesday’s anymore.

Ledyard Up-Down Sawmill – The mill is now closed for spring but will reopen for visitors in October. Follow their website for details. The mill volunteers hosted WTNH Channel 8 for a visit to the mill in May.  See the report and video by Kelvin Higgins.

The vote on the Budget Referendum was 416-185. The number of eligible voters who cast ballots was very low and quite disappointing.

Retire your American Flags by dropping them off in the collection box at the Ledyard Town Hall. Flag Retirement Ceremony will be held June 14 at 9:00 AM at the American Legion Post 128, 16 York Ave., Niantic, CT

Renter’s Rebate Program - Attention Seniors 65+ and Totally Disabled Residents in Ledyard.  State law provides a reimbursement program for Connecticut renters who are elderly or totally disabled, and whose incomes do not exceed certain limits. Persons renting an apartment or room, or living in cooperative housing or a mobile home may be eligible for this program. The renters’ rebate amount is based on a graduated income scale and the amount of rent and utility payments (excluding telephone) made in 2014. Applications may be made by appointment only. Call (860) 464-0471. Appointments available through October 1, 2015. Questions? Call the Renter’s Rebate Program Hotline 860-418-6377 for eligibility.

About the author:  Linda Davis has been a licensed real estate agent in Ledyard CT for over 35 years. She has a long history of community service and currently serves as Chairman/Deputy Mayor of  the Ledyard Town Council. Linda is the administer of the popular Ledyard Community Forum on Facebook and also teaches and speaks on technology, mostly for beginners. Linda can help with homes for sale in Ledyard as well as homes for sale in Eastern CT including, Groton, Mystic, Stonington, Norwich, Montville, New London, East Lyme, or Waterford.


New London County Real Estate Market Update

This report of Single Family Homes in New London County is generated by the 10th of each month with information from the previous month. It includes new listings, pending and closed sales in New London County for the month of April.

What’s up and what’s down from a year ago? Year to date (YTD) closed sales in New London County are down slightly but new pending sales are down more than 20%. In fact, pending sales in April are down 35% from a year ago and I can’t blame weather for the April statistics as I did in previous months of 2015.. In the good news department, the median sold priced of single family homes is up 4.4% year to date. Please note that percentages will vary from town to town.

For a complete (and easier to read) New London County Real Estate report including condos and single families DOWNLOAD HERE.

5-16-2015 New London County

These statistics are generated from a paid subscription to Market Trends Premium. CoreLogic. Copyright © 2015 RealEstate Business Intelligence, LLC.  All Rights Reserved. Statistics calculated May 8, 2015.

About the author:  Linda Davis has been a licensed real estate agent in Ledyard CT for over 35 years. She has a long history of community service and currently serves as Chairman/Deputy Mayor of  the Ledyard Town Council. Linda is the administer of the popular Ledyard Community Forum on Facebook and also teaches and speaks on technology, mostly for beginners. Linda can help with homes for sale in Ledyard as well as homes for sale in Eastern CT including, Groton, Mystic, Stonington, Norwich, Montville, New London, East Lyme, or Waterford.


The Ledyard Farmers' Market

LogoYou know how much I absolutely love the Ledyard Farmers Market. I’m delighted at the direction it is going this year with more vendors, guest vendors and sponsors. Community organizations will also be welcome to participate this year. Next week is the season opening and just look at the following lineup!!  Munchies Food Truck will be there so come by to shop and then pick up some dinner.

If you are on Facebook, like their pages and let them know you are looking forward to seeing them.

* 18th Century Purity Farms
* Anastasia's Coffee
* Breads 'N' Cookies
* Burly Stone
* Connecticut Gourmet
* Davis Farm
* Dondero Orchards
* Dragon's Blood Elixir
* Hidden Brook Gardens, LLC
* Lucky Girl Bakery
* Mark's Woodworks
* Meadow Stone Farm
* Oak Leaf Dairy
* The Rolling Tomato.com
* Sage Hill Farm
* Secchiaroli Farm
* Spud Woodworks
* Stonewall Apiary
* Stonington Beef
* Sweet Country Roads
* Zest


The One from Washington DC

When I travel to Washington DC, I always take photos of the same monuments and scenes in hopes of adding to my collection of DC favorite photos. I have a gazillion photos of the Washington Monument shot over the years with different cameras and lenses. This photo was taken with my “little Lumix” not my best camera but the one I like carrying because of its size. This year, the photo below is “the one”, my favorite of all the photos I took this trip. Taken at sunset, I call it “Fishing with a View”.

IMG_0369


Connecticut Real Estate in Small Doses

I mostly talk about Ledyard on my blog but when it comes to real estate it is good to occasionally take a peak at what is happening throughout CT. Here are a few small doses of real estate news beyond our borders. 

“We’re feeling good about housing.”  -  Not so fast Connecticut.
Connecticut’s painfully slow method of processing foreclosures continues to add to the delay in the state’s real estate rebound. While other states saw a reduced volume of distressed sales leading to increased prices, Connecticut had the fifth largest share of distressed sales in February 2015 at 19% according to a recent report by Housing Wire. The news is rosy in most parts of the country but Connecticut isn’t feeling the homebuyer love.

Ledyard Real Estate KCM 1

Can you say FLAT as a Pancake?
The number of home sales are up but prices remain flat throughout CT.

5-16-2015 CT Sales YOYCopyright 2015 RealEstate Business Intelligence,LLC
All Right Reserved. Data Source: Core Logic
 

Countdown to August 1st – It could get scary.
On August 1st new rules are going to change home closing procedures.The most challenging change is that closing documents need to be ready three days prior to closing. This is going to require cooperation from lenders, agents, attorneys, buyers and sellers because making changes during that three day period will get tricky. It may even force us to all get along.

Time for some good news so ring that school bell.
When it comes to relocation, schools matter. Connecticut may not be making the grade when it comes to the real estate recovery but  it is s at the top of the class in education and one of only 3 states that deserved an “A” according to this research by SmartAsset.

Dog Dishes, Dish Towels and Toilet Paper.
I really dislike seeing certain things in real estate photos. The dog dishes and dish towels are easy to move but the toilet paper presents a bit  of a challenge when photographing bathrooms. How about considering some toilet paper origami if your home is for sale? I like the idea.

Yes, we’ve been spoiled now for quite awhile.
So I’m old enough to remember interest rates hitting 17%.  While that doesn’t seem to be in our future, it does seem that the organizations who predict these things have been saying for at least a year that interest rates will be rising. It hasn’t happened yet but eventually the “experts” are going to be right. Might be time to make that move especially in CT where prices won’t stay at pancake levels for long.

April2015-31 Mortgage Rate Predictions

About the author:  Linda Davis has been a licensed real estate agent in Ledyard CT for over 35 years. She has a long history of community service and currently serves as Chairman/Deputy Mayor of  the Ledyard Town Council. Linda is the administer of the popular Ledyard Community Forum on Facebook and also teaches and speaks on technology, mostly for beginners. Linda can help with homes for sale in Ledyard as well as homes for sale in Eastern CT including, Groton, Mystic, Stonington, Norwich, Montville, New London, East Lyme, or Waterford.


A different return than expected

On Monday  I wrote THIS BLOG POST  about how much I enjoyed traveling by train and how “I  love the stress free travel, the views along the way and my final stop at Union Station”.  Ironically, Amtrak and I even had a little exchange of tweets as I traveled to Washington DC.

Amtrak Tweet
Monday was not a very good day for photos. It was cloudy and overcast but I hoped to get some good shots on the way home like the photo below I took on a previous trip to DC. I always love the challenge of getting a photo from a dirty window on a moving train.

Views from Amtrak
Sadly, a horrific Amtrak derailment suspended all travel along the route between Philadelphia and New York. I was fortunate in several ways including a call from a friend. I was sound asleep in my hotel room at the Washington Hilton when I received the call alerting me to the news. As a result, I was able to quickly regroup and secure a flight and avoid the chaos of those with Amtrak tickets trying to find a way home. My only loss was a few dollars and a shortened event. My plans to blog about CRS as a member of the blogging team at NAR Legislative Live came to a quick end.

It wasn’t long before elected officials began pointing fingers and politicizing the tragedy. Personally, as a rider, I am waiting for the official word of what caused this accident and rather than offer an opinion instead offer my prayers to the family and friends of those that lost loved ones because of this tragedy.

About the author:  Linda Davis has been a licensed real estate agent in Ledyard CT for over 35 years. She has a long history of community service and currently serves as Chairman/Deputy Mayor of  the Ledyard Town Council. Linda is the administer of the popular Ledyard Community Forum on Facebook and also teaches and speaks on technology, mostly for beginners. Linda can help with homes for sale in Ledyard as well as homes for sale in Eastern CT including, Groton, Mystic, Stonington, Norwich, Montville, New London, East Lyme, or Waterford.


Ledyard Buyers Beware

This didn’t happen in Ledyard but it could have. I received this from an agent in the West Hartford area. As she suggests, this is serious business.

"I wanted to let you know about this as many people are quick to comply with things especially when it’s in relation to purchasing a house……this is serious!!!!!

An agent in my office went to a closing yesterday where she was representing a seller.  The buyers had received an email from their attorney's office that morning telling them that the bank check they were bringing to the closing was not going to be accepted and they had to wire the $54,000 deposit to an account with routing and account number provided.  They did so and received a nice "Thank You we have received your wire".  When they arrived at attorney's office, no one in the office had any idea what they were talking about. Long story short:  Their $54,000 is gone.  It was initially wired to Sun Trust in Rocky Hill and quickly moved out.  The FBI is now involved but there is little to no chance the money will be recovered.

I was told this happened again in Glastonbury today.

It has happened several times in Rhode Island in the  past weeks.

It appears the attorney's email accounts are being hacked.  Just in case the attorneys aren't warning clients about this, I wanted to warn you about any wire transfers without carefully checking first with your attorney to see that it is legitimate.  Wire Transfers are NEVER requested, a bank check is always accepted.

This was a young couple buying their first house and it was their life savings.

I would hate for anything like this to happen to other unsuspecting people.  Feel free to share this with your friends."


New London CT to Washington DC

AmtrakThe National Association of Realtors is holding their legislative meetings this week in Washington DC. I’m not sure how many times I’ve visited Washington DC but I do know that the first time was with my 8th grade class from Corpus Christi Grade School in Pittsburgh. Early in my marriage,  we lived in Maryland and visited quite often. It was a cheap date and politics is in my blood, so Washington DC has always been a favorite destination of mine.  I mostly go there by way of Amtrak. leaving early from the train station in New London CT and arriving in DC about 6 hours later. I love the stress free travel, the views along the way and my final stop at Union Station.

Union Station isn’t just any train station.  Built in 1907, it has a rich history plus offers more than 210,000 square feet of retail space, including a number of restaurants. While I don’t go there for the food, I admit I’ve had more meals there than I can count as I always make sure I leave plenty of time to grab a meal for my journey home.

Union Station is home base for many of the tours that take place in the Washington DC area including DC Ducks and City Sights. And while I am traveling for business and I’ve seen just about every corner of the city over the years, I’m taking the night tour this visit. If you have never traveled to Washington DC as a tourist, do it!

About the author:  Linda Davis has been a licensed real estate agent in Ledyard CT for over 35 years. She has a long history of community service and currently serves as Chairman/Deputy Mayor of  the Ledyard Town Council. Linda is the administer of the popular Ledyard Community Forum on Facebook and also teaches and speaks on technology, mostly for beginners. Linda can help with homes for sale in Ledyard as well as homes for sale in Eastern CT including, Groton, Mystic, Stonington, Norwich, Montville, New London, East Lyme, or Waterford.