connecticut RealEstateRama

Gov. M. Jodi Rell on Thursday announced the state is throwing a $50 million lifeline to subprime borrowers in danger of losing their homes. Rell said the Connecticut Housing Finance Authority will create the $50 million CT Families fund to refinance subprime loans for those who qualify. The money comes from previously issued bonds.

MILFORD, Conn., Nov. 6 /PRNewswire/ -- Environmental Data Resources, Inc. today announced significant enhancements to its online environmental records search tool, EDR OnDemand, including interactive maps, links to aerial photographs, and electronic folders to support the ongoing monitoring of the environmental status of a property or company.

WASHINGTON, DC - Thousands of additional senior citizens and people with disabilities will soon be able to find affordable housing, thanks to more than $633 million in housing assistance announced today by the U.S. Department of Housing and Urban Development. HUD Secretary Alphonso Jackson today joined Congresswoman Nancy Johnson (CT-5) to make the announcement in New Britain, Connecticut

BLOOMFIELD HILLS, Mich., Nov. 1 /PRNewswire-FirstCall/ -- The 2007 shopping season is shaping up to be extra special at Stamford Connecticut's Stamford Town Center. The downtown center's new pedestrian-friendly outdoor plaza debuts November 1 along Tresser Boulevard and Greyrock Place.

STAMFORD, CT – Prudential Realtor® Sharon Giglio, MBA was named July Broker of the Month for her work selling 5 homes in The Classic Condominium, the premier luxury condominium in the heart of downtown Stamford.

Governor M. Jodi Rell today announced she has received an update from her Sub-Prime Mortgage Task Force, which was formed to help Connecticuthomeowners affected by the slump in the credit market.

BOSTON - The U.S. Environmental Protection Agency and the U.S. Department of Housing and Urban Development today announced that a Connecticut property management company and several affiliated New Haven owners have agreed to pay a $32,000 fine for failing to inform tenants their apartments may contain lead-based paint. In addition, the landlords agreed to render those units lead safe at a cost of more than $400,000.

MILFORD, Conn., Sept. 25 /PRNewswire/ -- Results from a recent Environmental Data Resources Inc. (EDR) poll of environmental professionals and commercial property mortgage lenders indicate that the subprime lending crisis that shook residential housing markets this year has sparked fear in the commercial real estate market, creating a market slowdown and higher credit costs.

NEWINGTON, Connecticut, September 14 /PRNewswire/ -- Schuco International KG, German parent company of Schuco USA L.P., and German energy giant E.ON AG are jointly investing $135 million to develop new photovoltaic (PV) modules based on thin-film technology for metal and glass facades. Production begins in mid 2008. The modules will be produced in Germany using technology supplied by Applied Materials, Inc., global market leader in nanomanufacturing. "We want to go on improving the cost-benefit ratio of integrating PV modules in building facades, and to make photovoltaic modules a standard feature in building envelopes", declares Dirk U. Hindrichs, CEO of Schuco International.

NEWINGTON, Connecticut, September 13 /PRNewswire/ -- Schuco USA L.P., American supplier of solar power systems, markets building-integrated photovoltaic modules "Made in Germany ". Schuco's extremely efficient glass-glass modules are available in sizes up to 6.56' x 9.84' and come in all colors. These modules can be seen for the first time in the US at Solar Power 2007 in Long Beach (Stand 414).

NEWINGTON, Connecticut, September 12 /PRNewswire/ -- Schuco USA L.P., American supplier of solar systems, windows, doors and aluminium facade systems, not only provides the world's best-engineered solar energy products, but also superb marketing, sales and training services. The first private company to offer North American Board of Certified Energy Practitioners continuing education credits, Schuco considers its distributors and installers to be partners in building sustainability.

Ceebraid-Signal and Hunter Roberts Construction Group recently announced that construction is currently underway for Highgrove, downtown Stamford’s most exclusive new luxury condominium designed by the world-renowned architectural firm, Robert A. M. Stern Architects.

Connecticut's foreclosure filings declined between June and July, but the number is still up for the year so far and is approximately 100 percent higher than the July 2006 filings.Nationally, the number of foreclosure filings last month jumped 93 percent from July 2006 and rose 9 percent from June, the latest sign homeowners are having trouble making payments and finding buyers during the national housing downturn.

Galand Haas’ FSBO “other” Web site has added a whole new dimension to his prospecting business, and the beauty of it is that clients don’t even know they’re being prospected. Galand employs a unique approach on the Web site, which is rapidly gaining popularity among agents and brokers looking to capitalize on the growing percentage of Internet-savvy consumers who research buying and selling on the Web—long before they ever contact an agent.

Here is a gloomy scenario from every real estate agent’s war chest. You just gave your best listing presentation and the homeowner responded like this: “I think I’ll try to sell it on my own first.”