GREAT Time to Buy Your Lake Zoar Water Front Property! In the fall and winter many buyers forget that this is there best time to buy their Water Front Home. Think about it…if you buy now you can make the changes and updates you will want for the upcoming seasons. You have the time to select desirable furniture and accessories to make your Water Front Home a attractive and comfortable home to meet your needs in the years to come. Then, all you will have to do is relax and enjoy your time there.
As the Lake Front Home Experts, we can assist you in finding, negotiating and securing the lake front property of your needs. We specialize in Water Front Properties. Hesitating may make a difference – If getting getting a Lake Zoar Water Front Home, the time is NOW!
There are a number of area Lakes and Coastal Water Front Properties in Connecticut and Eastern New York State. We look forward to helping you select your ideal water front home. We also specialize in Listing Water Front Homes. Please let us know how we can assist you so we can get the process started for you.
First Time Buyers – Millennials Could Fuel Starter Home Market
First Time Buyers – Millenials All those Millennials who moved in with their parents after college may finally be ready to move out and buy their own homes, say researchers at Harvard’s Joint Center for Housing Studies.
Over the next decade, the number of households headed by people in their 30s should increase by 2.7 million. This will provide a strong lift to the starter home market.
“Ultimately, the large millennial generation will make their presence felt in the owner-occupied market,” said Daniel McCue, research manager of the Joint Center, “just as they already have in the rental market, where demand is strong, rents are rising, construction is robust, and property values increased by double digits for the fourth consecutive year in 2013.”
A BMO Harris Bank survey confirmed what Harvard predicts. It found 32% of 18- to 34-year-olds plan to become homeowners over the next year. A whopping 74% of millennials said they expected to be homeowners within five years. First Time Buyers – Millenials.
Hardwood Floors are still the trend
Hardwood Floors are still the trend; now how to use rugs to get the best effects in each room and space. Follow these five tips from Kimberly Leach, a designer with FLOR in the trendy Washington, D.C. neighborhood of Georgetown, to get the most bang for your rug bucks:
Measure Your Space
Use painter’s tape to mark the boundaries of the rug size you’re envisioning. This will give you a great visual reference that will help you select the perfect size.
Adjust With Color
A rug’s color palette can influence the perceived amount of light and space in a room. Decorating a dark room? Go with a warm-colored rug, yellows, oranges or reds, to enhance the space. Lighter-colored rugs will make the space feel more open while darker rugs will provide a more intimate setting.
Keep Mood In Mind
Think about what kind of role you want the rug to play in your space and what mood you want to convey. If you want to make a statement, select your rug first and design around it. But, if you’d like the rug to be an accent, make sure it compliments other design elements in the room such as color.
Don’t Let Patterns Scare You
There’s a trick to using patterns. Pick a color theme and use big swatches of color to anchor the spaces. Keep oversized patterns in check by limiting them to well-defined spaces and balancing with solid walls, furnishings or rugs.
See-Throughs Open Up The Space
Try incorporating Lucite or open-weave materials into the room, they’ll help keep a light and airy feeling. If the area doubles as an entry, keep the two separated and well-defined with rugs for each space in a unifying color theme so both spaces coexist in harmony.
Lakefront Home For Sale – Newtown CT | 320 Great Quarter Rd
Lakefront Home For Sale – Newtown CT | 320 Great Quarter Rd. Delight in this gorgeous lakefront home for sale in Newtown CT with panoramic views of the lake and nature. With nearly ½ acre of stunning level land directly on Lake Zoar, you can enjoy nature at its best while making the most of its many amazing features such as the cathedral ceilings in the great room, the gleaming hardwood floors, the stunning stone fireplace, the well-appointed kitchen that houses stainless steel appliances and granite countertops, the impressive views surrounding the dining room, and so much more. The stunning view of the lake and nature will take your breath away while you are in the master bedroom and the great room.
This charming Newtown CT lakefront home for sale also has newer gas furnace, insulation, decks, windows, hot water heater, well pump and flooring, dock, yard sprinkler system, and 100′ stone wall. It truly has everything you are looking for!
Enjoy nature at its best all year round when you own this beautiful home for sale in Newtown CT. Call Deborah today at 203-994-4297 to schedule viewing and know more about this wonderful home.
Your flood insurance premiums won't rise more than 18 percent a year under a flood insurance bill passed by Congress and on its way to President Obama. Premiums for homes located in one of the nine flood risk categories insured by the National Flood Insurance Program can rise no more than 15 percent in a year.
The new law sets aside big changes Congress made in the flood insurance program back in 2012. Those changes caused premiums to rise for homeowners, in some cases by tens of thousands of dollars a year.
The NFIP, run by the Federal Emergency Management Agency, should also “strive” to limit premiums to 1 percent of the policy amount. For a homeowner taking out the maximum $250,000 in building and $100,000 in contents coverage in the highest risk area, that would be a $2,500 premium.
The bill also reinstated a prior FEMA policy that let homeowners who pay lower “grandfathered” flood insurance rates pass those rates along when they sold their homes.
Flood insurance rates can rise because FEMA adjusts flood maps and building regulations change.
The 2012 flood insurance bill limited the grandfathered rate to the current home owners. YOUR Flood Insurance Premiums. That meant new buyers had to pay flood insurance premiums so high that it was making it hard to sell homes in some areas.
Now, homeowners who had to pay the increased premiums after the 2012 bill will get refunds. And homeowners who faced higher premiums because of flood map changes will have their premiums limited to 18 percent annual increases.
Going forward, all primary home owners will pay a $25 annual surcharge. Owners of second homes and investors will pay a $250 per year surcharge. YOUR Flood Insurance Premiums.
Is Home Ownership A Good Investment? It's often said that the American dream is to own a home with a yard and a white picket fence. In fact, it's become a bit of a stereotype. But like many stereotypes, it is grounded in truth. Besides the sense of security, what makes owning a home so attractive is that, for most Americans, this is their entry into the world of investing.
Why is homeownership such a good investment? Over time, as your mortgage balance decreases, your equity increases — even if the value of the home fails to follow. And equity means money you can quite literally take out of your home to use as needs arise.
No matter how much rent you pay over the course of your lifetime, you never establish equity. However, keep in mind that if the value of your home decreases, you could end up owing more than your house is worth.
In addition to equity, you can benefit financially from home ownership because of the tax breaks. Homeowners can claim federal mortgage interest deductions that aren't available to renters. Is Home Ownership A Good Investment?
In addition, the profit you get from selling your home may be exempt from the capital gains tax you would pay on profits earned from an ordinary investment.
Under the current tax code, a married couple filing jointly can pocket up to $500,000 of gain without owing any federal income taxes from a home sale if they have owned and used the home as a principal residence for two out the previous five years. Unmarried or married taxpayers filing separately can pocket a gain of up to $250,000 without owing any federal income tax.
Homeowners can also leverage their real estate investments by using borrowed money to their financial advantage. When you buy a home, you generally make a cash down payment up to a specified percentage, depending on the lender's requirements. The balance is financed through a mortgage. Over the next few years, assuming the value of your home increases, it is now worth more than you originally paid. When you later decide to sell, after you pay off your original mortgage, you will realize a profit equal to the percent of increase in the value of the home. That's what is known as leveraging debt to make a profit. Is Home Ownership A Good Investment?
Newtown CT – Community Data
Are you looking to find more information on Newtown CT. Check out the Chart, link and map below.
The first graph shows that over the course of last year home sale prices have increased SIGNIFICANTLY. In addition, the number of days on the market has declined. This combination with the continued low interest rates signifies that it is a great time to sell your home or buy a home in Newtown CT.
Next there is a link to search – Newtown CT Homes for Sale.
Newtown CT – Community Data. You can further explore Newtown CT information with the Map at the bottom. Use the tabs on top to get Market information, School location and info, Community details as well.
AREA HOME SEARCH: newtown-ct-homes
Newtown CT – Community Data. For additional home selling or buying information please call Deborah Laemmerhirt, Broker at 203-994-4297.
Newtown CT Community Activities
Looking for things to do in and around the Newtown CT area? Check out these Newtown CT Community Activities.
- Want to develop a personal yoga routine that will only take about 7 minutes a day? With the 5 principles and 7 sequences learned, you can create balance in your body, breathing and brain. Designed for the individual to achieve changes in every aspect of life! Start January 9th from 6 – 7:15 PM. 6 weeks for $60. Call 203-270-1119 or go to the web site: http://soundcenterarts.com/authentic-yoga#.UsixDLRoh9J
- · Wine Tasting Menu with Chef J Daly. Sunday January 12th at 6 PM – Bitchers Best Market, 125 Main ST, Newtown CT. Great offerings including Marine Diver Scallop and Point Judith Squid, Micro Greens with Duck Prosciutto and Rabbit Roulade with Pistachio. $85 per person, live jazz and BYOB. Reservation at 203-581-1939.
- · Dan Cruson who just finished his latest book: “Legendary Locals of Newtown” will be presenting stories of founding fathers and additional town characters. He has promised to go into more detail then he could in the book and also include stories that are not public. You won’t want to miss this story telling opportunity. Monday, January 13th at 7:30 PM at the C.H.Booth Library, Newtown, CT.
- · Early Dismissal for TEENS on January 16th at 10 AM or 1 PM. Learn how to make a beautiful lotus lantern using colorful paper and wire frames! With help from members of the Korean Spirit and Culture Promotion Project. Register at hchlibrary.org/ go to the Teens section.
Whether you live in Newtown CT or you are looking at Newtown CT Homes for Sale attending community activities is a great way to explore what a town has to offer and to meet people!
Newtown Homes For Sale
If you have decided to look at some of the new homes in the Newtown area, you are probably wondering what is available out there. The idea of seeking a real estate agent can feel a bit intimidating, but when you find that the time is right to view homes for sale then it is time to view realtors! For a real estate agent in the Newtown area who can understand the concerns of those who may be struggling with feelings of overwhelm as they seek to buy a home, we can get you off to a great start.
Firstly, research shows that there are currently more people selling a home than buying a home in Connecticut. That will certainly work to the advantage of the buyers! Another thing that can help newbies feel more comfortable is the ability to search real estate listings online in order to get a feel for what the market had to offer. The MLS or ‘Multiple Listing Service’ is one that gathers information for people who are in the game of buying or selling a home or recreational property. It gets more complicated than this meager description, but it is a great place to start! Some realtor websites allow online searches with a customized property search, which is updated pretty much every day. This way, a search can be done in the comfort and security of your home office.
If you are seeking a real estate agent in Connecticut who knows his or her business, someone who can streamline the process and help shed light in all the dark and dusty nooks and crannies, here are some tips. Seek a realtor who:
-fully understands the ins and outs of real estate
–is experienced in the local market
-has a proven track record
-can guide me through all the relevant processes necessary (and tell me what I need to know!)
-offers services including title, attorney, 1031 exchange and mortgage
-is honest and personable (we are going to be spending a lot of time together)
The search led me to Deborah Laemmerhirt at HomeSalesByDeborah.com and I am so glad it did!