Greenwich Real Estate News
Friday | via The Greenwich Daily Voice
GREENWICH, Conn. Milbank Court, a newly designed townhome community in Greenwich, is now more than 70 percent sold and just five homes remain. Comment?
Saturday Mar 21 | via Connecticut Post
Dunnellen Hall, the Greenwich estate of the late Leona and Harry Helmsley, has been on the market for more than 240 days, after listing for $65 million in July, 2014. Despite the well-manicured lawns and multimillion-dollar estates dotting the streets of town, houses in Greenwich typically sit on the market for about 173 days -- just like the rest of the state. Comment?
Saturday Mar 14 | via Seeking Alpha
Worried about rising interest rates? That concern, along with a strong dollar, has certainly been contributing to market volatility in 2015 - but what if there was a high yield way to actually benefit from future rising rates? As it turns out, this week's focus stock, Starwood Property Trust, , has 77% of its lending loan portfolio tied to LIBOR-based floating rate loans, and will actually benefit in a rising rate environment, to the tune of around $.08/share for every 100 basis point rise in the LIBOR rate. Of the floating rate portfolio, 87% benefits from having a LIBOR floor averaging 0.35%, which is higher than current LIBOR. Comment?
Thursday Mar 12 | via The Darien Daily Voice
Katie Sparkman recently joined Berkshire Hathaway HomeServices New England Properties as a sales executive, where she will focus on residential real estate sales in the lower Fairfield County area. "With a professional background in advertising, Katie has a trained eye when it comes to marketing and packaging a property. Comment?
Wednesday Mar 11 | via Patch.com
Company Description: HireResources was established in 2002, we are a fast growing Complete Talent Management Company located in Connecticut. At HireResources we provide a 360...4 days ago from ZipRecruiter Gut Reaction Tennis Specialty Store in Darien and Greenwich CT is looking for 1 full time employee. Comment?
Oct 7, 2014 | via MyFoxNY
The Connecticut home of the man who carried out the 2012 massacre at Sandy Hook Elementary school has been demolished. Several neighbors had asked that the 3,100-square-foot house be taken down, saying it was a constant reminder of the tragedy in Newtown. Comment?
Thursday Mar 19 | via NNDB
An embarrassment to both the national and Connecticut state Republican party leadership, Governor John G. Rowland's political career is finally circling the drain. It's difficult to maintain any kind of public support when you're facing an 18-month federal corruption probe, Bill O'Reilly is calling for you to resign, President George W. Bush excludes you from any campaigning on his behalf, and the ranking Republican in the Connecticut state Senate Judiciary Committee describes you as having exhibited an "almost pathological pattern of behavior regarding ethical lapses." Comment?
Tuesday Mar 17 | via Ctnewsjunkie.com
A bill that protected tenants living in properties under foreclosure expired on New Years Eve, leaving tenants across the United States wondering when and if they would arrive home to find their belongings curbside. Connecticut Sen. Richard Blumenthal last week introduced a bill intended to extend the benefits afforded by the Protecting Tenants at Foreclosure Act. Comment?
Wednesday Mar 11 | via Milford Mirror
Highlighting the struggle many students and families face trying to pay for college, State Senator Gayle S. Slossberg and Senate Democrats have announced their support for legislation aimed at making college more affordable. "We've reached the point where people are putting their lives on hold because of the overwhelming burden of student debt," said Slossberg. Comment?
Tuesday Mar 10 | via Ctnewsjunkie.com
The same day President Barack Obama signed a memorandum directing federal agencies to do more to help student loan borrowers, the legislature's Banking Committee passed legislation increasing regulation of lenders. The Connecticut bill is just one of many addressing the student loan crisis. Comment?
48 min ago | via KTAR
The gap between rental cost and household income is increasing to unsustainable levels in most major metro areas, including in Phoenix and Tucson, according to a new report by the National Association of Realtors. A new report shows Tucson and Phoenix-area renters have had to deal with a double whammy: Dwindling or stagnant incomes coupled with significant rent hikes. Comment?
1 hr ago | via Seeking Alpha
The U.S. housing market went through a rough phase for a couple of months only to rebound in full swing and log a seven-year high new home sales data in February. In fact, the space hogged investors' attention to start 2015 on sustained economic recovery, a healing job market, rising consumer confidence, moderating home prices and, of course, low interest rates prevailing in the U.S. The optimism was so high in the housing space prior to the key spring selling season that even a frigid winter did not subdue the mood. Comment?
1 hr ago | via The New Zealand Herald
Renters are paying up to $60 more a week than they were a year ago for properties across some of Auckland's 30 suburbs. The property management company looked at median prices over the six months to February 2015, compared with the same period last year. Comment?
1 hr ago | via Natl. Relocation & Real Estate
Moneycorp noted a spike in the number of Britons making international payments for U.S. property purchases in January this year. As the Christmas vacation receded and the winter weather continued, Brits sought to fight the January blues by investing in a place in the sun. Comment?
1 hr ago | via Natl. Relocation & Real Estate
In a standing room only recent company meeting at the Raleigh Regional Association of REALTORS facility, Gary Rabon and Wallace Peiffer, owner/partners of Coldwell Banker Advantage announced that their longtime owner/partner, Eddie Speas has been named Chief Operating Officer of the firm effective immediately. Gary Rabon began Coldwell Banker Advantage in 1995 after acquiring Wythe Properties and becoming a Coldwell Banker franchise. Comment?
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