RE/MAX Edge Opens Fifth Office in Middletown

Fourth Office Opening in 2013 for Growing Franchise

Glastonbury, CT RE/MAX Edge, located in Glastonbury and South Windsor, is pleased to announce the purchase of a fifth additional office in Middletown. This purchase marks the fourth office opening in 2013 for the growing franchise. In 2013, Brokers/Owners Cheryl Kebalo and Kurt Potter also acquired RE/MAX East of the River in Manchester and Mansfield and RE/MAX West of the River in Farmington.

“We couldn’t be more thrilled with the amount of expansion RE/MAX Edge has had over the past year,” said Kebalo. “A strong foundation of employees and professional services at all our offices has allowed us this opportunity to delve further into the region’s market, expanding our footprint into communities throughout Connecticut.”

All five locations are full-service real estate offices and will be operated by Kebalo and Potter.  RE/MAX Edge has plans for continued growth.

Insider’s Look: Westport, CT

This month’s “RE/MAX Around New England” takes a look at Westport, CT.

Westport is a small, coastal Connecticut town located on the Long Island Sound in Fairfield County just 47 miles from New York City and 30 miles from New Haven. Westport has a rich colonial history, originating as a Native American settlement, and later contributing minutemen to the Revolutionary War. An active historical society has been present in Westport since 1889, highlighting the town’s unique New England charm through academic programs, nationally recognized historical landmarks, and holiday home tours. Westport offers residents a rich cultural history as well; at the turn of the twentieth history, many artists, writers, and thinkers, such as F. Scott Fitzgerald, retreated from the hustle and bustle of New York City and found inspiration in Westport’s scenic ocean views.

Downtown Westport is a vibrant commercial area, offering specialty shops, delicious restaurants, an arts center, and diverse recreational organizations.

Residents can enjoy the extensive public library and community theater, or join soccer and golf associations. Residents have access to three beaches in Westport, as well as Sherwood Island, Connecticut’s first state park, which provides opportunities for fishing and observing marsh life. With a high quality of life for residents, easy access to New York City, recreational activities, and abundant natural resources, Westport provides traditional New England charm with all the convenience of modern living.

For this issue of “RE/MAX Around New England,” we spoke with Carrie Perkins of RE/MAX Heritage.

1. What is the median price of a Single Family home?

In Westport, a single family home with several large bedrooms, updated kitchen, and two bathrooms is priced at $1,539,494.

2. What is the public transportation system like?

Westport has a Metro-North Railroad station with one hour express trains to Grand Central Terminal in New York City, making the town a natural choice for commuters. There are also city and county wide bus systems.

3. What is access like to major highways?

Westport is flanked by two major roadways – Interstate 95 and RT 15/Merritt Parkway. From the center of town, I-95 and the Merritt Parkway is a five to 10 minute drive. Both roadways have a number of exits in Westport.

4. How are the school systems in the area?

Westport has an exemplary school system. Staples High School was recognized as a 2013 National Blue Ribbon School of Excellence by the US Department of Education and sited in the first category defined as “Exemplary High Performing.” With a high Advanced Placement (AP) Participation rate, extracurricular activities, and professional development for teachers and staff, Staples is an excellent preparation for college. Westport’s middle schools are equally impressive, ranking number one and number two in the state.

5. Who is attracted to this area?

Westport attracts families and individuals that are inspired by the lifestyle the town offers.  The excellence of the school system and beauty of the coastline and architecturally rich communities inspire people to choose Westport, but it’s the feeling of true community spirit that inspires people to stay for a lifetime.

6. Total population?

As of the 2010 census, Westport is a close-knit community of approximately 26,391.

7. Average age of population?

The average age of a resident in Westport is 45 years-old.

Carrie’s Five Faves in Westport  

1. Favorite Dining Establishment: leFarm is a truly unique culinary experience. leFarm aims to support Connecticut farmers, serving fresh, organic, locally grown meals that change with the seasons. There’s also an affordable wine list and friendly, knowledgeable staff to answer questions about the menu. leFarm is perfect for an intimate dinner for two, or for sharing plates with a large group.

2. Favorite Place for a Stroll: Compo Beach is a scenic stretch of beachfront coast along the shore of the Long Island Sound and bordered by the Saugatuck River. Compo Beach extends across 29 acres, with a boardwalk, concession stands, marina, volleyball courts, and unparalleled views of the Long Island Sound.

3. Best Hidden Gem: Burying Hill Beach on Beachside Avenue is a small 2.39 acre park surrounded by a wildlife preserve. It’s tucked back off the road and is a quiet, neighborhood beach perfect for walking, mediation, or taking in a peaceful sunset.

4. Best Place to Get a Pizza: Tarry Lodge Enoteca Pizzeria, owned by famous chef Mario Batali, serves up more than your basic slice of cheese pizza. Each pizza on the menu is prepared with artisan cheeses, fresh sauces, and gourmet meats, such as pancetta, prosciutto, and pepperoni. Several pizzas come with truffle oils and honey, and are reasonably priced. Tarry Lodge also serves pasta, meat, and seafood entrees, and Saturday and Sunday brunch.

5. Best Ice Cream Establishment: Sunny Daes, on Riverside Avenue, is situated along the Saugatuck River. With dozens of delicious homemade ice cream, sorbet, and gelato flavors, there is a shake, sundae, and combination for everyone.  Sunny Daes stays open into the fall with seasonal flavors, such as pumpkin and eggnog.

To learn more about Westport, CT please contact Carrie Perkins of RE/MAX Heritage.

Carrie Perkins
RE/MAX Heritage
991 Post Road East
Westport, CT 06880
(203) 254-7555

RE/MAX Edge to Unite with RE/MAX East of the River and RE/MAX West of the River

Franchise Name and Agents All to Remain the Same

Glastonbury, CT September 9, 2013 RE/MAX Edge, located at 730 Hebron Ave in Glastonbury and 1739 Ellington Rd in South Windsor, is pleased to announce they have joined forces with three RE/MAX offices in Connecticut: RE/MAX East of the River in Manchester, RE/MAX East of the River in Mansfield, and RE/MAX West of the River in Farmington. Both RE/MAX East of the River offices currently hold number one market share* in their designated towns. All five offices combined will be supported by 39 full-time Agents including Barbara Weinberg, Co-Broker/Owner of RE/MAX East of the River and RE/MAX West of the River.

“Innovation, agent career development and exceptional customer service is the core of our company, we graciously embrace this opportunity to grow and strengthen our ties within these new communities” said Cheryl Kebalo, Co-Broker/Owner of RE/MAX EDGE.  “We are excited and honored that Barbara Weinberg (former Mayor of Manchester) and husband Stanley have entrusted us to carry on their legacy into a successful future.”

“We are always looking to join forces with other like-minded companies and top-tier career professionals” said Kurt Potter, Co-Broker/Owner of RE/MAX EDGE.  “This is just the first of many opportunities you will see RE/MAX EDGE taking advantage of in the near future as we position ourselves throughout Central Connecticut.”

“Realizing we were nearing retirement, Stanley and I searched many years to find the perfect and progressive leadership to carry RE/MAX East of the River and RE/MAX West of the River into the future, and we found that in Cheryl and Kurt”  said Barbara Weinberg, former Co-Broker/Owner.  “Cheryl and Kurt have the enthusiasm, the business savvy and the commitment to real estate excellence that will take our company to the next level.  I am confident our company, our agents and our clients are in excellent hands.”

All three new locations will remain full-service real estate offices and will be operated by Kebalo and Co-Broker/Owner Kurt Potter.  All existing Agents will also remain working with the RE/MAX Edge team.

“This is a huge accomplishment for Cheryl, Kurt and their entire team.  Cheryl and Kurt have created a strong company; one that embodies the entrepreneurial spirit, drive and passion that defines RE/MAX,” said Dan Breault, Executive Vice President and Regional Director of RE/MAX of New England. “Everyone at RE/MAX of New England is excited to support the vision and the growth of RE/MAX Edge.”

*Data provided by Broker Metrics.

Insider’s Look: Old Saybrook, CT

This month’s “RE/MAX Around New England” takes a look at Old Saybrook, CT.

Settled as an independent colony in 1635, Old Saybrook is one of Connecticut’s oldest towns, and offers residents breathtaking views, small-town charm and community, and a touch of Hollywood glamour. Old Saybrook is centrally located between Boston, Hartford, and New York along the Amtrak and Metro North rail lines. Surrounded by the west bank of the Connecticut River and the Long Island Sound, Old Saybrook is ideal for water sports and boating, with beautiful marinas, two public beaches, historic lighthouses, and several parks with waterfront vistas.

The town has worked hard to retain its small town culture, recently renovating the public library, firehouse and town hall, and allocating open space for the parks and a recreation department.New retail stores and restaurants have opened up along Main Street, providing a truly one-of-a-kind shopping and dining experience. Nearly forty civic clubs and organizations provide opportunities for community engagement, and holiday celebrations, parades, arts and craft shows, and outdoor concerts also allow residents to mingle with neighbors. Old Saybrook’s most famous resident is late Academy Award winner Katharine Hepburn, who spent her summers herefor many decades. Her memory is honored through a cultural arts center.

For this issue of RE/MAX Around New England, we spoke with David Genovali and Craig Milton of RE/MAX Valley Shore – Genovali Realty.

1. What is the median price of a Single Family home?

The median price for a single family home in Old Saybrook with two bedrooms and two baths is approximately $320,000.

2. What is the public transportation system like?

With an Amtrak rail station located in town, and the Metro North rail a short drive away in New Haven, residents in Old Saybrook have easy access to Boston, Providence, Stamford, and New York. There are also commuter buses available.

3. What is access to major highways like?

Access to both I-95 and Route 9 are within 1 mile of the center of town.

4. How are the school systems in the area?

The Old Saybrook school system is ranked very high in the region, and among the best in Connecticut. The school system is a recipient of the U.S. Department of Education’s Blue Ribbon Award, recognizing the high achievements of its students. Consequently, many families relocate to Old Saybrook to provide their children with a world-class education.

5. Who is attracted to this area?

Many families choose Old Saybrook for the school system, low crime rate, and ample outdoor space and recreation. The summer brings an influx of tourists, and there are many summer homes along the coastline. Career-oriented individuals live in Old Saybrook because of its central location between the big cities, and active individuals take advantage of the opportunities for water sports and boating.

6. Total population?

Old Saybrook has a population of 10,000.

7. Average age of population?

In Old Saybrook, the average age of a resident is 44 years-old.

David and Craig’s Five Faves in Old Saybrook:

1. Favorite Dining Establishment: If you’re looking for a swanky date-spot, or a place to grab drinks and appetizers after work with friends, then Fresh Salt is for you. Located within the lavish Saybrook Point Inn, Fresh Salt overlooks the ocean, serving up fresh seafood every dayalong with breathtaking views. For a more family-friendly atmosphere, try Johnny Ad’s Drive-In. With walk-up service and outdoor seating, kids of all ages are welcome to try to the delicious seafood on the menu, such as the famous foot-long lobster roll.

2. Favorite Place for a Stroll: Main Street runs through the heart of Old Saybrook, offering dozens of retail and dining options, such as specialty bookstores and jewelry shops and a tempting gourmet bakery. With classical New England architecture, flowers and topiaries maintained by the town, and views of the Connecticut River and Long Island sound, a stroll down Main Street is visually stunning.

3. Best Hidden Gem: As a town surrounded by water, Old Saybrook is home to two historic lighthouses still used to guide ships in to harbor. The Lynde Point Lighthouse was built in 1838 at a height of 65 feet, and the Saybrook Breakwater Lighthouse was constructed in 1886, at a height of 49 feet. Though neither lighthouse is open to the public, there are frequent boat tours that offer visitors the chance to view the landmarks.

4. Best Place to Get a Pizza: Luigi’s Restaurant is an Old Saybrook fixture, family-owned and operated since 1956 by the DiBella family. Boasting homemade bread, large, family-style portions, and imported olive oils and cheeses, Luigi’s offers authentic Italian fare that will satisfy even the pickiest of eaters.

5. Best Ice Cream Establishment: For a refreshing, healthy treat stop by Sweet Luna’s Frozen Yogurt on Main Street. Meet Luna, the black lab and namesake of the establishment and sample from 10 rotating non-fat and low-fat yogurt flavors, as well as more than 30 homemade toppings.

To learn more about Old Saybrook, CT please contact David Craig Milton of RE/MAX Valley Shore – Genovali Realty.

David Genovali & Craig Milton
Broker/Owner’s of RE/MAX Valley Shore – Genovali Realty
103 Main St.
Old Saybrook, CT 06475
860-388- 9669

Home Prices Remain Flat In New England Housing Market

The RE/MAX of New England September Monthly Housing Report indicates that activity and homes sales are up year-over-year in New England by 5.7%, with Rhode Island experiencing a 17.4% increase in sales. The median price remains flat for most states, a trend we’ve experienced over the last seven months. In addition, the number of pending sales for September is 35.9%.

“September’s numbers are encouraging. However, election years tend to result in lower consumer confidence,” Dan Breault, Executive Vice President and Regional Director of RE/MAX of New England. “In New England, we’ve seen an increase in activity throughout 2012, however, prices need to increase to realize a full housing market recovery. We’ll be watching the data post election cycle, carefully.”

To read the entire report, click here.

Home Sales Continue To Be Strong In New England Housing Market

The RE/MAX of New England August Monthly Housing Report shows continued stability in the market with increasing sales in New England year-over-year and month-over-month. Overall, the number of units sold is up 20.0% year-over-year. Recently, we’ve reported increases in price for almost every state in New England; but, in August the median price was flat with an overall decrease of -0.2%. However, year-over-year, the number of pending sales is up on average 33.0%, with CT experiencing 48.1% growth followed by RI with an increase of 40.1% year-over-year.

“Inventory is a serious challenge for many buyers, giving sellers the upper hand,” commented Dan Breault, EVP/Regional Director of RE/MAX of New England. “Prices dipped as the summer came to a close, but sales throughout the fall should remain active due to favorable pricing.”

To read the entire report, click here.

Look Who’s Joined RE/MAX in MA!

 

Lisa JohnsonRE/MAX Partners

Andover, MA

lisasjohnson@comcast.net

(978) 475 – 2100

 
Profile
Lisa Johnson is a new Agent at RE/MAX Partners in Andover!

Lisa entered the real estate industry in 2007. Her focus includes both residential and investor opportunities.

She loves working with clients to help find the right property to suit their needs. Lisa works closely with clients to have a true understanding of their goals, helping her determine the best course of action to provide a successful real estate transaction. At her former company, in the first year of business Lisa was recognized as the Rookie of the Year. She has since been recognized as a top producer, and will continue to be successful with RE/MAX.

When Lisa isn’t busy showing investment or residential properties, she enjoys spending time with her family. Activities with her two energetic sons and husband include cooking, hiking, playing a board game or traveling.

Her Words
“I joined RE/MAX to elevate my business and network. As a RE/MAX Agent, I have been able to set the initial steps to grow. I look forward to what lies ahead in the future!”
Interested in joining RE/MAX?
Please contact Katy Whistler via email at kwhistler@remax-newengland.com
or by phone at 508-655-9400. • joinremax.com
© 2012 RE/MAX of New England
Each office is independently owned and operated.If you are currently affiliated with another franchisor, this material is not intended to offer a RE/MAX franchise or to solicit a change in affiliation. To avoid future contact from RE/MAX of New England, please e-mail marketing@remax-newengland.com, or reply to this e-mail with the word ‘UNSUBSCRIBE’ as the subject line of your message. Your request will be honored; we do not buy or sell email addresses. Our mailing address is RE/MAX of New England, 8 Strathmore Road, Natick, MA 01760.
Our Phone number is (508)655-9400. Thank You. 

Indications Of A Healthy Spring Market With Stabilizing Home Prices In New England

The RE/MAX of New England March Monthly Housing Report indicates an uptick in sales and decrease in inventory across New England, month-over-month and year-over-year. In addition, median home prices also increased month-over-month in each state. However, Maine and Massachusetts were the only states to show significant increases in median home prices year-over-year.

“For the first time in months, we are seeing a stabilization in median home prices,” said Jay Hummer, Executive Vice President, RE/MAX of New England. “Couple this with diminishing inventory and it’s a good indicator of moving toward a healthy spring market.”

To read the entire report, click here.

2012 Housing Market Outlook & Forecast Report

Employment, Consumer Confidence Needed to Grow Housing Market in 2012
“New Normal” Has Arrived for Buyers, Sellers

Historically low interest rates, renewed interest by investors, and job growth helped provide modest stability to the real estate market in 2011, according to RE/MAX of New England. Although the first six months of 2011 failed to keep pace with the first six months of 2010, fueled largely by the pending expiration of the federal tax credit, the second half of 2011 witnessed much stronger sales.

Federal Reserve Chairman Ben Bernanke, in a report to Congress, recently declared the weakness in the real estate market a “significant barrier” to a meaningful economic recovery. The Federal Reserve, as part of an effort to bring stability to the real estate market and the overall economy, has pledged to keep key interest rates at historically low levels until mid-2013. There is hope in the real estate community that this will help solidify consumer confidence, which remains low, and, with interest rates now in the 3% range, entice more people to purchase homes.

“There is no indication that leads me to believe we will have any significant uptick in the market,” said Jay Hummer, Executive Vice President and Regional Director of RE/MAX of New England. “However, barring a financial catastrophe in the marketplace, it appears that we’ve hit the bottom, and we can expect to see a very slow and very gradual increase over the next couple of years.”

Home values continued to slip in 2011. Just one out of six New England states, Vermont, experienced an increase in sales price. However, home prices in New England declined at a slower rate than other parts of the country. According to the Clear Capital Home Data Index, U.S. home sales prices declined by -2.1%, marking the fifth consecutive year that home values have decreased. Four New England states outpaced this national trend by experiencing smaller declines. “The housing market was fairly similar to the market in 2009. There was a decrease in units, volume, and pricing in most segments,” Hummer said.

To read the entire report, click here.