Sunday, September 20, 2009

Welcome To Greenwich Connecticut Website

Welcome to Greenwich Connecticut Website is an amazing and extremely complete source of information for this gorgeous and awesome town in Fairfield County: Greenwich.

But if you would like to call me directly for any specific information or to explore the Greenwich Real Estate market, please don't hesitate to do so. I'm here to help you, and would love to have the opportunity to work with you.

Monthly Housing Newsletter Fairfield County Connecticut

This is My Monthly Housing Newsletter for August, for several Fairfield County towns in Connecticut .

This is a very informative report showing:
  • Number of Sales & Sales/List price ration and how it compares to the same time last year
  • Median & Average Sales price
  • Inventory number
  • Days on market
This report also shows how these numbers compare to the same time last year to give you a better idea of where we are and what is the current trend of the market.

The towns included in this report are:
  • Greenwich
  • Old Greenwich
  • Stamford
  • Darien
  • New Canaan
  • Wilton
  • Ridgefield
  • Southport
  • Westport
  • Trumbull

Friday, September 18, 2009

William Raveis Breast Cancer Raffle Ticket Sales

Every year, I participate in our company’s annual drive to collect donations for the William Raveis Breast Cancer Research Fund. I would like to offer you the opportunity to help this exceptionally worthy cause by investing in a chance to win some seriously great prizes in our annual Raffle.

Tickets, this year, are only $5 each, and I have a virtually unlimited supply of them, so don’t feel you have to hold back! Simply reply to my email and indicate how many tickets you would like, then MAIL a check to me at:

William Raveis Real Estate
49 West Putnam Avenue
Greenwich, CT 06830

As soon as I receive your check, I’ll send your tickets to you, with my wishes for good luck….and my thanks for your help! (or alternatively, just call me at 203-979-0730 and we can do it all over the phone!)

Please scroll down for a copy of the ticket showing the prizes available, and some general background on the William Raveis Breast Cancer Research Fund. Have a look, and I’m sure you’ll agree this is something you want to participate in too!

Won’t you please help out this year?

2009 Marks the 5th anniversary for the William Raveis Charitable Fund, Inc. and the William Raveis Breast Cancer Research Fund. We’ve Raised more than One Million Dollars over the course of these past five years in support of those diagnosed with breast cancer and in search of a cure. We could not have accomplished this without your raffle ticket purchases and generous donations. Thank you!
In January of this year, The William Raveis Charitable Fund, Inc. has pledged $750,000 to establish the William Raveis ACS Navigator Care Program at the University of Connecticut Heath Center, Farmington, CT and $165,000 to the Navigator Care Program at the Beth Israel Deaconess Hospital, Boston, MA, in conjunction with the American Cancer Society. With the assistance of trained volunteers/survivors, this innovative program helps patients navigate through diagnosis and treatment. These programs are expanding to include patients with other types of cancer as well.

194,280 new cases and 40,610 deaths from breast cancer are expected to be reported this year.
Excluding cancers of the skin, breast cancer is the most common cancer among women, accounting for nearly
1 in 4 cancers diagnosed in US women.
This year, approximately 1,910 cases of breast cancer are expected to occur among men, accounting for
about 1% of all breast cancers.
Let’s give everyone a fighting chance. Thank you for your support!

Wednesday, September 16, 2009

William Raveis Real Estate, Mortgage & Insurance Won The Gold

From the desk of Mr. William M. Raveis, Jr., Chairman and CEO of William Raveis Real Estate, Mortgage & Insurance: "Recently, the Commercial Record conducted a poll on the best companies in the State of CT from its readers (Bankers, Lawyers, nspectors, Appraisers, Real Estate professionals, and teh general public).

1. I am pleased to announce that we won in the Real Estate category as BEST REAL ESTATE COMPANY IN THE STATE OF CT;
2. Also we have won in theMortgage Banking category as the BEST MORTGAGE COMPANY IN THE STATE OF CT.

We are very proud and privileged to be working with a great group of professional sales associates, management, and administrative staff. I am pleased that the public has also recognized all your hard work and efforts.

Keep up the terrific job.


Thursday, September 10, 2009

Monthly Housing Newsletter for Fairfield County in Connecticut

Here is my monthly housing stats on the Fairfield County Towns I work

Great source of information about these amazing towns.

The Social Media Revolution

No matter what is your line of business, this video shows the new reality!

You must explore the world of online social media! This is a very exciting video (earlier post), but for some it can also be a bit overwhelming… but just concentrate on being excited! Why? Because it is!
The opportunities that social media brings to us are just unlimitted!

As you will see, the way we market and communicate has changed.

A change that allows for increased communication, transparency, and an overall greater ability to connect.

To anyone reading this, and not yet participating in social-media, I would be curious as to your thoughts on the video.

To those already immersed in social media, you will find this awesome!

Social Media Revolution

Wednesday, September 9, 2009

First Steps When You Decide To Buy Your New Home (Series)

Can you afford it?

  • Check your financials = income vs expenses
  • Create a budget
  • Decide how much you can spend per month on housing

The very first step you should take when considering to purchase a home should be an evening spent going over a detailed household budget so you can determine just how much you would be comfortable spending on housing each month.

Don't rely on anyone but yourself to come up with that figure; only you know what you can really live with. You must look at your income and expenses. Why? Because there are many factors that go into the bank's decision, from how long you've been at your job to how many credit cards you carry.

But the most important thing lenders look at, however, is your ability to meet your obligation to them, which is a function of your income and debt levels. To gauge your ability to pay, lenders look at a pair of numbers called the "housing ratio" and the "total-obligation ratio." They're not as complicated as they sound.

The first is just the percentage of your gross monthly income that you'll need to spend on housing expenses after you buy the new home. It includes your mortgage payment, taxes, insurance and maintenance. Lenders will want to see a ratio of 36% or lower.

The total-obligation ratio, meanwhile, is the portion of your income that goes to covering both your housing expenses and any other obligations, such as credit cards, car loans and child support. There, your lender will want to see a ratio of 42% or lower.

Both of these ratios are often negotiable upward.

Check out these links to find out where you stand:

How much housing can you afford worksheet 1 ;

How much housing can you afford worksheet 2? ;

How much do I qualify for?

Once you know what you can afford to spend on housing each month, play with the How much will my total mortgage payment be calculator on one of my William Raveis Real Estate Web-pages to see what price range you would be in.

Wednesday, September 2, 2009

Signs the Real Estate Market is Recovering

According to the National Association of Realtors (NAR), the number of contract for pending home sales (Pending Home Sales Index, an indicator of what’s to come) has increased for the past six months. We have not seen this kind of action in the history of this index since it began in 2001.

This Index for activity in July increased 3.2% to 97.6 from 94.6 in June, and is 12.0% higher than July 2008 when it was 87.1. It is at the highest level since June 2007, when it was 100.7. The Pending Home Sales Index in the Northeast actually declined 3.0% to 78.8 in July but is 4.7% higher than July 2008.

The momentum seems to be positive with pretty good recovery, but the housing market is far from being back to normal yet. With the inventory numbers decreasing, we are seeing a stabilization in home prices now in several areas. Housing affordability is at its record highs this year, and the stimulus of a first-time buyer tax credit seems to be making a very positive impact on the market.

NAR estimates about 1.8-2.0 million first-time buyers will take advantage of the $8,000 tax credit, bringing to 350,000 additional sales that would not have taken place without the credit, but it is ending by November 30, 2009. It would be a smart decision for the federal government to extend the tax credits and why not actually extend it to all buyers looking to purchase primary residences to continue the momentum?

Lawrence Yun, NAR chief economist said that the RE market clearly turned for the better, across many parts of the country. He expects existing-home sales to rise through the fourth quarter, but he’s concerned with the end of the tax credit. Also, he feels that buyer psychology may be shifting from “Why buy now when I can purchase later” to “I don’t want to miss out on a recovery.”

Tuesday, September 1, 2009

Power Source

"Practice creative anticipation, the power of positive expectation. Have confidence that you can draw the best, not the worst, to yourself!"

Real Estate Market: Buy or Wait?

So, are you considering taking the plunge and acquiring your first place? Sounds like a good idea! This week’s report basically assures us that housing is in full-recovery mode. Sales of new homes spiked 9.6% in July, to an annual number of 433,000 units, when “experts” had expected 390,000 units. This is the largest increase since beginning of 2005. The inventory of new homes is the lowest in 16 years! With numbers and reports like this, very low interest rates, and with federal monetary incentives, it looks like the time for Buyers is now!