Opinions aplenty on the government takeover Until this week I bet you didn’t think much about Freddie Mac and Fannie Mae.With the news last week of the government takeover of these giants in the lending industry, the media is chock full of opinions about what it all means.Rather than add to Condo Inspection the chorus, I’ve provided links below to some of my favorite mortgage people with their views of the Freddie and Fannie takover.For the last 2 years I’ve taken the photos for my Eastern Connecticut Photo Friday with a little Kodak point and shoot camera.
My first “real” lens arrived today and soon my 3 cats will be really annoyed at me for using them as subjects as I practice my new hobby on them.While the bailout won’t help taxpayers, it might be just the nudge the market needs as experts predict it will lead to lower mortgage rates.I am repeating myself here but looking ahead, the fall market is generally good as buyers focus on finding a home to move into before the holidays.
The continued decline in number of sales has led again this week to some significant price reductions.Judging the Miss Ledyard Fair Pageant 11 young women competed in the annual Miss Ledyard Fair Pageant Friday night and I was there representing the Town of Ledyard as a judge, one of three judges with the responsibility of picking the “fairest” of them all.It was an impressive group of students aged 14-18, who were judged on attributes like appearance, poise, smile, and confidence as well as their choice of pageant outfits.
While there were no questions on world peace, there was one question on the almost empty Job Lot Shopping Center in Gales Ferry and the obligatory stranded on a desert island question.In the end the winner was , a senior at Ledyard High School. A bit of good news to report! Overall inventory dropped by 10 listings as a result of 7 pending sales and a few expired and withdrawn listings.