Mortgage rates are still making headlines, and for good reason.

The average 30 year fixed rate recently hit 3.87%, which is the lowest 30 year fixed rate on record (records go back to the 1950’s).

Economists hope that low interest rates, coupled with prices that we haven’t seen since 2002, will lead to more sales and a rebound in the housing market in 2012.

For more information on these record rates, check out the MSNBC article, HERE.

Visit www.ToddTurcotte.com and contact me with any questions!

New testimonial!  See below for a testimonial from a recent rental client:

“Todd is a consummate professional – he is quick, courteous and delivers superb results. I was in need of an apartment with short notice, and he was immediately able to show me a range of options that met and exceeded my every need. He was a pleasure to work with on all fronts, and I highly recommend him for anyone looking for exceptional options and impeccable service. ”

– Arthur Matuszewski

A cigarette placed in a plastic cup of water started a huge Sunday morning blaze at the Silver Ridge Condo complex located at 8 Oakwood Avenue in Norwalk.

The fire has displaced 10 families.  For more information about the fire, read the article from the Norwalk Hour:

http://www.thehour.com/story/519254/smoldering-cigarette-caused-oakwood-avenue-blaze

For information on Norwalk area real estate, visit www.ToddTurcotte.com

* Picture and information credit of the Norwalk Hour:  http://www.thehour.com/

Taxes…  No matter how badly you hate them, you can’t escape them.

When filing your taxes this year, make sure that you take advantage of as many real estate tax breaks & deductions that you can.  Mortgage interest is the biggest one for most people, but there are others that should be considered before you file.

Trulia.com put together a good article on 9 of the best tax breaks / deductions involving real estate.  To read that article, CLICK HERE

For information about Norwalk-area real estate, and to ask me any questions, visit www.ToddTurcotte.com

New Listing!  16 Oakwood # 2 was just listed for $1,750 / month.

This 2 BR, 1.5 bath townhouse in Norwalk features a spiral staircase that leads to a loft!  This rental offers H/W floors on the 1st floor, a clean kitchen with dishwasher, and washer / dryer in unit.  You can walk to the Merritt 7 train station in about 5 minutes.

For more information about this specific unit, CLICK HERE

To inquire about this rental, and to search every other rental in Norwalk, visit www.ToddTurcotte.com

Just reduced!  9 Glenwood Ave # 4 was just reduced for $1,995 / month!

This BRAND NEW 2 BR townhouse features a granite kitchen with stainless steel appliances, 1.5 baths, and a 2 car attached garage!

For more information about this particular listing, CLICK HERE

For more information on Norwalk area real estate, and to browse every listing on the market, visit www.ToddTurcotte.com

DSNEWS.com is reporting more good news for the 2012 housing market.

There are still some threats to the recovery (foreclosures, euro crisis, etc.) but some analysts are feeling a little more confident about the housing prospects in 2012.  Lenders are starting to loosen up, and loans are starting to become a little easier to obtain.

One huge factor that needs to recover is consumer confidence.  The confidence in the housing market was shaken in the 2007-2008 market crash, and it has taken some time to recover.  As more good news, albeit meager, continutes to make headlines, consumers will become more and more confident on America’s future and the housing market will tend to follow that confidence.

New Listing!  38 Chapel # 1 was just listed for $1,100 / month!

This 1 BR, 1 Bath apartment offers and updated kitchen and bath, and is within walking distance to restaurants and shopping.  It features OFF/ST parking for 1 car and has washer / dryer in unit!

For more information about this specific unit, CLICK HERE

For information about every rental in Norwalk, visit www.ToddTurcotte.com

Just Reduced!  17 Glendenning was just reduced to $254,000.

This 3 BR, 1 Bath single family home is located between West Rocks Rd. and East Ave.  This home offers a 1 car attached garage and a pergola-covered patio in the back yard!  This home is a potential short-sale.

For more information about this specific home, CLICK HERE.

For more information about Norwalk area real estate, visit www.ToddTurcotte.com

New Listing!  39 Stuart # 5 was just listed for $324,000.

This 2 bedroom townhouse in Norwalk offers 1.5 baths, 1,200 of living space, and OFF/ST parking.  This townhouse is part of an 8-unit complex, and it convenient to I-95, Merritt Parkway, South Norwalk, and the Merritt 7 office park.  This is a potential short-sale.

For more info about this specific condo, CLICK HERE

To ask any questions about this Norwalk condo for sale, or to inquiry about any other properties, visit www.ToddTurcotte.com