Why Litchfield County CT Real Estate Is Great For Your First Home

Litchfield County CT Real Estate can be found at a great price if you're looking in the right place. Litchfield County is located in the Northwest corner of the state of Connecticut. New York State borders to the west and the state of Massachusetts to the north. Part of the Appalachian Trail known as the Litchfield hills also makes its way through the County. Litchfield is very scenic; it is home to rolling hills, beautiful forests, and several state parks. Litchfield is a great quiet escape from the city, however is easily within driving distance of New York City to the south and Hartford, CT to the east.

Litchfield County CT real estate is nestled in picturesque beautiful New England. The hills of this County are a great place to live if you are into the great outdoors. There is lots of hiking and biking trials, golf courses, waterfalls, parks, forests and more. There is also skiing and snowboarding during the wintertime. Litchfield is also unique as it has many towns that feel like they come from the past. There are covered bridges, and old New England homes that still look like they did when they were first built. Litchfield CT like all of New England also experiences all four seasons in all their glory, boasting one of the most visually pleasing fall foliage displays in all of New England each October.

Although Litchfield County CT is not home to any of Connecticut's major cities, it does boast a few unique cities worth checking out. Torrington is the largest city in the County, Connecticut with about 36,000 people. Downtown Torrington features the Nutmeg Conservatory for the Arts, which trains ballet dancers who perform in the Warner Theatre, a historic theater originally built by the Warner Brothers film studio for cinema. This theater is the cornerstone of the city's downtown area. In 2008, Torrington was also the number one "Dreamtown" out of ten in the United States to live in by Bizjournals.

Kent is another beautiful town in Litchfield County which sits right along the border of New York State. It features Bulls Bridge, one of two covered bridges that are open to vehicles in Connecticut. It also features Macedonia Brook State Park, the Schaghticoke Indian Reservation, a section of the application trail, as well as the beautiful Kent Falls state park. If you are looking for serene beautiful country to love in, Kent, CT is the perfect place for you.

Torrington and Kent are just two of the many beautiful towns located in Litchfield County, CT. With a low crime rate, excellent education, beautiful nature and beautiful homes, northwest CT makes for a great choice for any couple looking for a great place to live to raise a family. You matter where you decide to live in Litchfield County, you will always be surrounded by beautiful nature, and you will also be within 2 hours of New York City. Best of luck to you, and I hope this article has aided you in finding the perfect piece of Litchfield County CT real estate for your new home!

Litchfield County CT Real Estate is available at a great rate in the housing market today. For more information on Litchfield County and finding a home there, visit http://litchfieldcountyctrealestate.net/

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How to Determine the Fundamentals of Your Market

There are a handful of criteria to remember when assessing whether or not it makes sense to go into a market. And at the very least, these criteria will establish a foundation for your preliminary market research. You may come into a community for example, where there are sixty developments in a given location in a twenty-five-mile radius, and based upon a grid analysis, you're able to determine that only a fraction of those developments, let's say 20 percent or twelve developments make sense in which to buy because they are priced at the entry level or mid-market level. In this particular example, it may be that only nine out of the twelve remaining developments you've looked at in our particular hypothetical have a build-out trajectory of ten to fourteen months, which is ample amount of time for the flip candidate to "marinate" in appreciation and make a profit on the accumulated float.

Furthermore, additional analysis indicates-after you've spoken with the onsite sales agents and received price setups on the subdivisions-that six of the remaining nine developers offer homes that have deposits in the $3,000 to $5,000 range, as opposed to other developments, that are nicely priced and fit your investment parameters, but may require a 10 percent or $20,000+ deposit requirement, both of which are deal killers. This is what I mean by market grid analysis and preliminary market research. After this type of analysis, you should be able to make a well reasoned decision as to where your target properties will be geographically located and why.

Also, never go into a market that appears it will soon be overpriced. Case in point and as an example, in October 2004 in Las Vegas, Pulte Homes slashed its home prices in nearly every development-including those that were in escrow-by $25,000 to $150,000 a home. Pulte literally and figuratively woke up one morning and unilaterally slashed and reduced prices across the board. At first blush, this may seem awfully generous, but what about the poor guy that just closed his Pulte home last Friday, before the Monday price slash! Suddenly he has a paper loss of at least $25,000 to $75,000, or quite possibly even more. Not only does he have a zero profit, he likely has an equity loss in the tens of thousands of dollars.

What about design upgrade when considering weather or not to enter a market? On the acquisition side of your investment, never build or design a TajMahal. Building a Taj Mahal reduces the return substantially and may not add to the overall enhancement of your home. Ultimately, adding too many upgrades will create a diminishing point of return. When it comes time to sell your investment, this will be an appraiser's nightmare and a homeowner/investor's loss, given that the actual cost of the upgrades will plateau to a certain level, and cease to add additional market value to the home.

As the latter Las Vegas example illustrates, and I can't emphasize this enough, market selection and diversification is crucially important and may be a significant factor in walking away with a check at the close of escrow, as opposed to writing a check at escrow.

As a member of the National Association of Realtors and the National Association of Home Builders, D. Sidney Potter began his real estate career in 1992 as a mortgage operations consultant for Synergy Consultancy Group, and proceeded to work for Marcus & Millichap and Sperry Van Ness as a commercial real estate broker selling shopping centers and storefront retail. In addition to being a former member of the International Council of Shopping Centers, he holds a BA, 2 MBA's and part of a Doctorate from Pepperdine University. Most recently he served on the Board of Directors for two major HOA's in Las Vegas.

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Military Relocation to Victoria BC

If your military relocation means a posting to or from Victoria BC, and you need to buy or sell your home in a timely manner, you need to enlist the help of a professional realtor. Preferably one who understands the local Victoria real estate market and the specific requirements of military personnel.

Military Relocation to Victoria

Have you been posted to CFB Esquimalt? If you are relocating to the Greater Victoria area and need to find a home, you might be concerned about what you've heard about the Victoria real estate market. Generally, housing values in Victoria are fairly high, but the Greater Victoria area encompasses several communities and you will find that housing is available at various price points.

A knowledgeable realtor will be familiar with local conditions and mindful of your need to locate and purchase the right home in a relatively short time period. The service of a realtor experienced with helping military families is invaluable.

One advantage of military relocation is that military people, over time, become expert at the art of moving and all its related tasks. Also, the Canadian military provides much support and information for people who are being relocated, so if you haven't yet experienced a military move, there are resources you can utilize to ensure that your transfer is achieved efficiently and nothing is forgotten.

These resources include:

The Canadian Forces Housing Agency (CHFA) - the managing authority for DND housing. The CHFA is responsible for operating, maintaining and allocating roughly 14,000 Residential Housing Units at 32 sites across Canada.

Canadian Forces Integrated Relocation Program represents the Treasury Board Secretariat's approved policy for CF members on relocation of their Dependants, Household Goods and Effects.

The Lookout Newspaper is a weekly paper providing local and navy news to those posted to CFB Esquimalt.

Housing Services Centre (HSC) Esquimalt - responsible for housing in Esquimalt, located on beautiful Vancouver Island, 4 kilometres from downtown Victoria.

The Esquimalt Military Family Resource Centre, whose mission is: To provide programs and services that serve, involve and advocate for the military community and their families, and which address the unique challenges of the military family lifestyle and will result in an enhanced quality of life.

Military Relocation from Victoria

If the time has come for you to leave CFB Esquimalt for a new posting, you may need to sell your home quickly, so that you can begin a home search in your new community. An experienced realtor who has worked with military families understands this, and can also supply referrals to real estate professionals wherever you are relocating to.

Military Retirement?

Perhaps you are retiring from the military, and have a different set of requirements. It could be time to find that perfect home for your apres military life. If you've been in the military it's likely that you've travelled and experienced life in other parts of Canada and further abroad. So you probably know that living in Victoria is about as good as it gets!

The temperate climate, access to recreation and entertainment, and opportunities for education and employment in Victoria combine to make this city one of the most desirable places to live in Canada.

Whether you have been posted to Victoria, from Victoria, or are about to retire from the military, you should use the services of a professional realtor who is an approved supplier for the military and a member of the Canadian Employee Relocation Counceil. These realtors understand military relocation and can provide the type of efficient service and the information that you need when moving to a new community.

Geoff McLean is a realtor in Victoria BC who approaches his real estate vocation with honesty, integrity and straightforwardness.

Geoff is also the primary author of a blog about his home city. Living in Victoria is a valuable source of information about the Greater Victoria area for those who are interested in moving to this beautiful city.

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