New-Haven-Hartford-Springfield-commuter-train-coming-soon

CT Rail New Haven Hartford Line Proposed Fares for Rail Service Announced

CT Rail New Haven Hartford Line Proposed Fares Announced

On Monday, October 23, 2017, the Connecticut Department of Transportation (CTDOT)  announced a 35-day comment period on the New Haven to Hartford, Hartford to Springfield Train Line. The CTDOT is providing a variety of ways to submit comments on the proposed fares ($6.25 from New Haven to Springfield with senior/disabled discounts).

Look at the stops along the corridor here.

Both CTrail - Line and Amtrak trains will serve the 6-17 roundtrips along the New Haven-Hartford corridor, and up to seven from Hartford to Springfield. The SAFE Analysis and proposed fares do not apply to Amtrak service on this  81 minute train trip that will travel up to 110 mph.

New Haven continues to gain traction as a regional hub of economic and transportation resources, making now a good time to become and expert in your market.  David Carr, Licensed REALTOR since 1996. The foundation of your success in real estate, here when the time is right for you.

The best financing options may be overlooked......

When you are getting ready to buy a home and deciding what your monthly payment will be, the best financing options may be overlooked in the excitement of touring homes and neighborhoods.

The Connecticut Housing Finance Authority provides some of the most competitive home ownership opportunities in the state for individuals who make less than $89,000 per year and want to buy homes under $281,000. In target cities like New Haven, house prices and incomes go up, as in Fairfield County

As your exclusive Fiduciary Buyer Representative, I will help you understand options that will save you money every day.

Remember, if you spend $4000 extra on origination fees of a thirty year 4% fixed rate mortgage, you will pay around $160 extra interest per year to borrow those higher fees. Multiply that by 10 or twenty years, and you see how much the right decisions are worth.

Saving a half, or a whole percent can change your costs on a $200,000 mortgage $500-$1000 per year, enough to make extra principle prepayments, or have some extra cash on hand for steak and lobsters.

If you skip the lobster and steaks, choosing an extra principle (no extra interest) payment per year, you can pay your 30 year mortgage down in about 23 years. Make two extra principle payments per year and pay off in about 17 years. If you double your principle only payments you can pay off a 30 year mortgage in about 10 years! You have to decide if that cash is best invested paying off this debt, investing in a higher yield investment, or just having more steak and lobster parties.

Since 1996 I have maintained my commitment to helping my clients build wealth with the leveraged power of home ownership, delivering “the Foundation of Your Success in Real Estate” since 1996

Sincerely,

David Carr       Berkshire Hathaway Home Services New England

203-877-2704 Extension 400826                          “On the Green” in Milford Connecticut

CT now ranked 32 in 2016, moving up 7 in national Economic Indexes

10/4/17 (CT) Connecticut ranked 32nd out of the 50 states and the District of Columbia (DC) in the State Economic Indexes (SEI) in 2016, moving up from the 39th position in 2015. In fact, last year's overall economic performance was the best in terms of the ranking in six years. Colorado, once again, ranked first in the nation with the highest index last year (145.3), while Wyoming came in last (102.6). Our state's index of 120.5 was close, but below the nationwide median value of 124.5.

SOURCE
https://www1.ctdol.state.ct.us/lmi/digest/pdfs/cedoct17.pdf

Connecticut real estate remains under valued,  with lower taxes than New York and New Jersey, supported by excellent quality of life factors. Since 1996 REALTOR David Carr, M.A.  has guided buyers and sellers of real property through the course of transaction management, providing patience, active listening,  expertise, perspective, comparable market analysis as a licensed fiduciary agent. Enjoy the less than two hours Metro North ride to Grand Central Station when you move to my shoreline neighborhood.

Buyers may qualify for 105% financing on owner occupied properties up to $676,000 in targeted areas of Connecticut with buyer income up to $153,000, paying as little as 3.25% for a 30 year fixed mortgage.    Now is a good time to call 203-877-2704 ext 400826, or find me online as David Carr Connecticut Real Estate