Simply Ledyard Events

Simply Ledyard EventsSimply Ledyard Events is my attempt to capture local Ledyard Events including those found on Facebook. Please feel free to Fill out THIS FORM if you would like to include your Ledyard event in our next edition.

 April 2 – Pancake Breakfast 
To benefit Multiple Sclerosis
Gallup Hill Baptist Church (8:30AM-12:30PM)
Suggested donation $10
For more information:  Casey Fry 619-804-8776

April 2 – Pancake Breakfast 
Ledyard Congregational Church (7:30-10:00AM)
722 Colonel Ledyard Highway
Pancakes, eggs, sausage, orange juice, coffee. All are welcome, breakfast is free

April 2 – Ledyard High School Safe Grad Party Fundraiser Extravaganza
Our Lady of Lourdes Church (8:00AM – 6:30PM)
Bake Sale, Yard Sale, Vendor Booths, Face Painting, Games
For more info: Maureen_Brawner@comcast.net or babs3225@comcast.net

April 2 - Paint Class at The Drunken Palette
To benefit Sofia Sees Hope
259 State Street (7:00PM)
$55 includes painting supplies
For more information: info@sofiaseeshope.org

April 3 - Ledyard K-9 Unity Fundraiser & Bake Sale
To benefit Ledyard Police Department K-9 Unit
Ledyard Village Market (11:00AM-3:00PM)
For more information:  Cindy at Ledyard C.H.A.I.N. 860-287-3504

April 6 – How to Start your own Backyard Poultry Flock Workshop
Ledyard Regional FFA Food for All Grant Project
Ledyard High School Agri-Science Department (6:30-9:30 PM)
Free - RSVP to Mrs. O’Keefe at do’keefe@ledyard.net

April 6 - LHS After School Groups Recital
United Methodist Church ( 7:30PM) 
Come join us for an evening of instrumental and vocal music featuring many of the LHS ensembles. The concert is free and the public is invited
For more info:  RHammond@Ledyard.net

April 7 - How to Communicate with Your Children Using Social Media
Mylasia Thomas, Chairwoman, Mashantucket Tribal Youth Council 
Ledyard Safe Teens Coalition
Ledyard High School Library (6:30-8:00PM)

April 8 - The Ledyard Fire Company Family Pasta Dinner
Ledyard Congregational Church (5:00 -8:00PM)
Adults: $10 - Kids (6 - 12): $6 -Kids under 5 are free
Tickets will be sold at the door. Gluten-free pasta is available.

April 9 – The Ledyard Fire Company Open House
Ledyard Fire Company  11 Fairway Drive (10:00AM – 2:00PM)
Meet their members, visit their trucks and equipment.
Free - Light snacks and beverages will be provided.

April 9 – LHS Chamber Choir Silent Auction Fundraiser
Gales Ferry Firehouse (6-9PM)
$15.00 - Red Sox Tickets, Overnight Deluxe Accommodations at Foxwoods, Jerry Seinfeld concert and many other great gifts will be available at the Silent Auction. Good food and drink plus a performance by the LHS Chamber Choir and much more!
For more info:  RHammond@Ledyard.net

April 10– LHS Harvest of Harmony Concert
LHS Auditorium (2:00PM)
$15.00 - The concert is the annual spring show for the Rose City Chorus. The performance will feature lots of great Barbershop music and a guest performance by the LHS Chamber Choir

For more info:  RHammond@Ledyard.net

April 10 – Ledyard Animal Control Appreciation Day
Spring Cleaning Day at the Shelter
Ledyard Animal Shelter (10:00AM-4:00PM)
For more information:  Cindy at Ledyard C.H.A.I.N. 860-287-3504

April 15 – Registration opens for Ledyard Town Wide Yard Sales
.SimplyLedyard.com after April 15

April 23 – Earth Day Clean Up
Ledyard Parks (9:00AM)
"Earth Day is dedicated to the environmental health of our planet. Here in Ledyard, the Parks and Rec Department is planning a Spring clean-up of some parks. Get your girl or Boy Scout Troop, your family, you organization or just yourself and help us clean up our Town. Do your part o help our little portion of the Earth. Please bring gloves".
Call Ledyard P&R to volunteer at 464-9112.

In addition to the above events, you can find Ledyard Events on the following websites:

Ledyard Library Events
Ledyard Parks & Recreation Events
Town of Ledyard Meetings

 



 

 

 


Can you have two VA Mortgages at once?

Keith-TurnerWith Ledyard’s proximity to the Groton Submarine Base, we have our share of VA buyers. My first home in Ledyard was purchased using a VA loan when we moved here on Navy orders.  A question that is sometimes asked is “Can you have two VA Mortgages at once?”

My friend Keith Turner from McCue Mortgage has the answer:

”It’s not an everyday occurrence. But there are circumstances that allow VA buyers to have 2 or more VA loans at the same time. Typically, the scenario involves a VA homeowner who has to relocate to a new duty station but wants to keep and rent out his or her primary residence. But veteran homebuyers can look to do this, too.

For example, let’s say you have a buyer who bought a home at their current duty station and get orders a couple years later. Rather than sell the home, they want to rent it out and buy again at the new duty station.

As long as the buyer has enough “Entitlement”, then they won’t have to put an down-payment.  Don’t worry about figuring out the entitlement amount, etc.  That’s what I’m here for.

One of the challenges with this situation is meeting the debt-to-income ratio requirements, since you’re basically on the hook for two mortgage payments each month.  So while it is possible, there still has to be enough income there to carry both loans at once (just like any buyer).  Also, if they have a tenant locked into a lease who will cover those old monthly payments can help a lot towards making this work.”

You will find Keith’s contact information HERE.


Simply Ledyard Events

Coming Soon!Mark your CalendarI've been planning a project forever that I'm launching next week. Some of my projects don’t work out and others,  like my Town Wide Yard Sale have been really popular. I think this idea has promise! I'm creating an ongoing calendar for my Simply Ledyard blog called Simply Ledyard Events. Simply Ledyard Events is my attempt to capture local Ledyard Events including those found on Facebook. Fill out THIS FORM if your group would like some free publicity on my blog and other social media platforms.


The best month to sell your Ledyard home?

CrocusI am often asked about timing when it comes to selling a home in Ledyard.   There is no question that spring time sees the most buyer activity with closings taking place about 45-60 days later when school ends in June. In the past 5 years, this trend continued with only one exception (2014) when the number of home sales peaked in March.

The chart below points out another factor when it comes to buyer activity.  2015 was the year that brought what seemed to be an endless series of snowstorms to the area. Showing houses was challenging, buyers stayed home and March closings plummeted. Fortunately 2016 has started off milder and although a storm is predicted for today, the first day of spring, I expect we will see a more typical spring market and a good closing month in June.

If you are thinking about selling your home this spring or anytime this year, please call me. We would be happy to provide you with a market analysis on your home and a copy of Dress Your House for Success, a checklist to help you sell your home for the best price in the least amount of time in spring or anytime of the year.

 

Ledyard Home Sales by Month

Listings and sales reported by the members of the CT MLS, Inc and may not represent all sales. Information deemed reliable but not guaranteed.


New London County Real Estate

This report of Single Family Home Sales 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 Februray.  What’s up and what's down from a year ago?  The number of closed sales Year to date (YTD)  in New London County is up 63% from a year ago and the number of new pending sales is up 24%. Our unseasonable weather compared to the harsh weather of last year is surely playing a part in these statistics. The median sold price of single family homes is flat from a year ago.  The number of active listings (1683) is almost identical to a year ago and down slightly from January. Please note that statistics will vary from town to town.

For a complete (and easier to read) New London County Real Estate report including condos and single families click on the photo below. 

New London County Home Sales Feb

 

Copyright © 2016 RealEstate Business Intelligence, LLC. All Rights Reserved.
Data Source: CoreLogic. Statistics calculated March 7, 2016.

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 Real Estate Update

Ledyard Real Estate update

When I wrote my last monthl Ledyard Real Estate Report, about 74% of our residents were without power. A month later and it feels like spring with 10 days of mild weather in the forecast. 

While the number of sales is heading in the right direction for 2016, real estate prices remain flat even with historically low interest rates. In addition, 12% of Ledyard's  current active listings are "distressed" properties, either bank owned or short sales. These sales are generally sold below market value and certainly contributes to our lower price average.  As you can see in the chart below, anyone who purchased their Ledyard home since 2003 has continued to lose equity.

Despite the bad news, homes in excellent condition which are priced favorably are selling quickly and sometimes with multiple offers. AND at least the weather is cooperating!

 Real Estate News

By now, you have received your revaluation in the mail from the Town of Ledyard. The average assessment in the town went down by 6%. It appears that only a small number of residents challenged their assessments. As always, if you have any questions, please feel free to contact me.

On the Market

There are currently 103 single family homes on the market with a median list price of $249,000, a slight drop in inventory from a month ago. There were 15 new listings reported in February

Current Pending Sales

There are currently 27 pending listings with a median list price of $180,000. Although the median list price is low, the number of pending listings is very encouraging.

There are currently 13 pending but "Show for Backup" with a median list price of $180,000. Homes are often listed as "Show for Backup" when there may be a concern about contract contingencies including financing. 

Closed Sales

There are a total of 31 closed sales in Ledyard with a median sales price of $205,000. 11 of those sales closed in February.

While it is useful to follow month by month, a 6 month trend is a better indicator of market conditions.


The median price of the 99 homes that have closed
in the past 6 months is $200,000

 1 - 2015 Ledyard Home Sales

Listings and sales reported by the members of the CT MLS, Inc and may not represent all sales.
Information deemed reliable but not guaranteed.

Data to Consider

This LINK will take you to New London County Market Statistics by Town, including Ledyard as prepared by the Eastern CT Association of Realtors using sales reported by the members of the Connecticut Multiple Listing Service. 

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.


Do you live in one of these Ledyard homes?

If you live in the Pheasant Run or Chriswood Trace subdivision, it is very likely you have a home with one of the following floor plans. I was fortunately to represent the builder, Harry Morgan on these new construction homes for about 20 years and I often use these sketches when marketing one of these homes today.  In addition to these plans, the builder constructed many raised ranches and a few ranches. I even convinced him once to build a cape on Osprey Drive which was affectionately called Linda’s Cape since it didn’t sell right away.

The builder’s favorite floor plan was the Candlewood. It changed over the years and the last of these homes built had 4 levels which included a full basement.  My favorite was the Contemporary Saltbox. Although it only had 3 bedrooms, I loved the high ceilings and open floor plan.  The Woodstock seemed to be a client favorite mainly because of the large master bedroom suite.  Because I know each of these floor plans and the amenities quite well, I’d be the perfect real estate agent to market your home!

 

the Woodstock

the Hampton

The Winthrop

the Contemporary Saltbox

the Candlewood

The Colonial

the Nantucket

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 Emergency Management

Emergency Preparedness Reminder from Ledyard Emergency Management:

The State of Connecticut has made potassium iodide (KI) tablets available to residents and workers within the 10-mile emergency planning zone (EPZ) around Millstone Power Station in Waterford, CT. The affected communities in Ledyard are in the South West corner bordered by Whalehead Road to Sandy Hollow Road, South to the Groton Town line.

What is potassium iodide (KI)?

Potassium iodide, also known as KI, is a form of iodine. KI helps protect your thyroid gland when there is a chance you might be exposed to a harmful amount of radioactive iodine. Taking KI saturates the thyroid with harmless iodine and prevents radioactive iodine from being absorbed.

If it is determined that a release of radioactive iodine has occurred, State officials will advise the general public to take KI in conjunction with a protective action such as evacuation or taking shelter. The means for disseminating this information will be through the Emergency Alert System (EAS) Radio and TV stations.

To read more about the KI program and Millstone Station emergency preparedness click here:

http://www.ct.gov/demhs/cwp/view.asp?a=1929&q=287964

Where can I pick KI up?

Ledyard Regional Nursing in the Town Hall.  Monday to Friday 9am to 4pm.

Ledyard Police Lorenz Drive. Any Time

Ledyard Senior Center. Monday to Friday 9am to 2pm.

Please note: During an emergency, KI will only be available at your host community reception center

Russell Shaw

Emergency Management Director

Millstone Emergency


Town of Ledyard Budget Season Underway

And so it begins. It is budget season in Ledyard and the next 90 days will be packed with meetings. On March 2nd at 5:00PM in the Town Hall Annex, the Ledyard Board of Education will present their budget to the Ledyard Town Council Finance Committee. During the following two weeks, the committee reviews the mayor's budget and meets with each of the department heads in a series of workshops. These meetings are scheduled for over 12 hours as the committee looks at each individual budget line by line. I rarely miss even an hour of these meetings as it is an excellent way to get a good understanding of how Ledyard government operates. The Town Budget will be available and transparent and taxpayers who have an interest can follow the money. 

Ledyard Town HallThe Public Hearing which includes both the Town and Board of Educations budgets will be held on April 11th at 7:00PM in the Ledyard High School Auditorium. Up to date budget information will be provided prior to the meeting online at www.OpenLedyard.com as well as in a handout at the hearing. The Public Hearing is the time for residents and property owners to voice their opinion. My best advice is to keep your remarks on target and brief. You are limited to 2-3 minutes. (I tap the gavel at 3.)

The Town Council finalizes the budget on April 27th and the Annual Town Meeting is scheduled for May 16th at 7:30PM in the Ledyard High School auditorium.  What was once a real New England Town Meeting where the budget was actually voted on, it is now a rather meaningless but less contentious event.  Most who show up have already made up their minds and know how they plan to vote at the referendum scheduled for the following day.

There are many opportunities to learn about how your tax dollars are spent and several ways to participate. Questions and comments are encouraged at meetings with the exception of workshops but all meetings are open to the public. You can also send emails to the Town Council at Council@LedyardCT.org and the Board of Education at BOE@Ledyard.net .  Individual Town Councilor emails are also available at the Town Council Portal.

It has become clear to me that many people are frustrated with government at all levels.  Learn and participate. Offer ideas. This is your opportunity to be heard.

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 Photo Friday

I have a small stream that runs behind my home and the deer seem to enjoy it. Occasionally they will also feast on my plants. Although I’m not thrilled about their dinner selections, I do enjoy seeing them and these two came just in time for Ledyard Photo Friday. Although I took the photo through my window, I believe you will get the picture!

deer