The Myths About Buying a Bank-Owned Home REO homes, also known as foreclosures or bank-owned homes, are properties that the bank has taken reposession of. Repossession happens when a previous owner cannot make their mortgage payments, and the lender eventually takes ownership of the property. There are many misconceptions about purchasing a bank-owned property. We asked the REO experts at Calcagni Real...
You Ask, We Answer: Is Housing Demand Going to Slow Down Soon? It seems that for the past several years, housing demand in Connecticut has been a hot topic of conversation. Whether you’ve bought a house, sold one, or have just been curious about where the housing market stands–and where it’s headed–Calcagni Real Estate has pertinent information to share with you. Read on for more of what our...
If you thought we had a good year in 2018, 2019 blew the previous year away with the number of transactions. Wonderful job to all of our hardworking...
NEW RESIDENTIAL COMMUNITY OPENS IN CHESHIRE, CT Cheshire, CT – (July 10, 2015) – Apex Developers announced today the opening of their newest residential community, Cedar Crest, CedarCrestCT.com, a 14-home neighborhood off Jarvis Street in Cheshire, CT. Abutting 178 acres of protected open space, the 5 home styles at Cedar Crest, including a single-level design, offer classic exteriors and...
More than 100 REALTORS from Calcagni Real Estate were given a private tour of the construction site known as College & Crown in the heart of downtown New Haven. Calcagni Real Estate was chosen by the site’s developer, Connecticut based Centerplan Development Company as College & Crown’s exclusive leasing broker for its 160 luxury apartment rentals, which range from studios to two-bedroom...
When you visit our models at Heritage Hill this weekend you may register for a chance to win a Weber gas grill! We’d like to invite you to visit our models at Heritage Hill In Wolcott on your way to the Wolcott Country Fair this weekend. We’re on Constitution Drive…just down from the fairgrounds off of Wolcott Road, (Rte. 69) – you can’t miss us! Conveniently located in close proximity to...
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates hitting their lowest levels since this summer amid market speculation that the Federal Reserve will not alter its bond buying purchases this year. Findings • 30-year fixed-rate mortgage (FRM) averaged 4.13 percent with an average 0.8 point for the week ending October 24, 2013,...
Some good news on the local real estate front... According to the Warren Group, “A total of 2,356 single-family homes sold in May, up from 2,290 the same month a year ago. This is the highest number of transactions recorded for the month since May 2010 when there were 2,516 sales. This is also the first time since January that sales volume increased year-over-year.” (Image courtesy of the Warren...
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