Sales Report

MARCH 2010


 

Model

Unit No. Sq. Ft. Price
SOLD: Ashby 214D 1051 $185,000
         
PENDING: Ashby 902A 1051  
  Radcliffe 1103B 1451  
  Bolton 1736 214C  
         
OFFERS: None      
 
The Ashby sale above is the first of the year after a very slow start to the first quarter of 2010. It sold for the exact same amount that the last Ashby sold for back in December.

Although there were no sales in the first quarter, we are still ahead of last year at this time as far as sales pending (under agreement), and offers. Last year, Ridgefield prices were down approximately 8% from the previous year (2008). This year they are about the same as they were last year at this time. A good sign that things are starting to level off.

The First Time Homebuyer and Move-Up Buyer tax credits are still in effect until the end of April, which means anyone with a signed Purchase & Sale Agreement by April 30th, who closes on the property by June 30th will get an $8,000 tax credit as a first time buyer or a $6,500 tax credit if a move up buyer. There are no predictions that this credit will be extended this time. If you, or anyone you know, (a child or grandchild, perhaps?) would benefit from this incentive, you still have a month to take advantage of it, as well as the low mortgage rates that are also predicted to go up.

If you are a tenant here and are curious if you could qualify to buy, don’t hesitate to call us! Now is the time to consider it! Stop throwing away rent money! The tax credit and some closing cost help from your landlord could have you owning your own home in the next 30-60 days.
As always, please call us if you want information on selling, renting or refinancing your condo. We’d love the opportunity to let you know what we can do for you. If you are curious about what homes are selling for elsewhere, we can give you access to the Multiple Listing System and/or send you information of listings anywhere in the country. We’re here to help. We want to be your Realtors of choice!
Gayle Sabol & Carol Breau                                                                                 
Email: gaylesabol@kw.com 
Website: www.GayleSabol.com                                                         
Office:  978-368-1221
Efax: (978) 293-1750