Report of a fire outside Cablevision

11:21pm–#Norwalk CT–Report of a fire outside Cablevision at 23 Cross Street along the train tracks.  Report of trees and possibly the building on fire.  Firefighters on the way.  Of course first on DoingItLocal.com.  Maybe tomorrow on News12.  UPDATE–Fire at News12/Cablevision sounds to be a brush fire outside the building near the tracks.  Firefighters on scene working near a fence line

Young Professionals – Buy or Rent

 

This was a topic suggested by a friend who I keep up with on Facebook. The reason I keep up with him on Facebook is he is always traveling. His job has him all over the place and quite honestIy I love living vicariously through him; he seems to be having a great time. My suggestion to him was “I think you need a motor home.”

In all seriousness though, owning a home is not for everyone. We now live in a very small world. Think about it. 50 years ago you found a job and a community, settled down, raised a family and you moved (maybe) when you retired. Today that is not the case for many people. I have recently helped to relocated 4 households to Connecticut. Each of those have lived in no less than 4 places; 3 are between 25 and 40. The other, well we won’t go into age but he has literally lived all over the world.

If you’re on the move every few months, short term rentals are definitely the way to go. I would also hook up with a company that has a presences in your travel areas. This way you can deal with a company you know, they can refer you in network and if possible, share paperwork. Different states have different requirements but hey, any head start on the process helps.

Does this mean you don’t buy? Not necessarily. If you go out for a few weeks at a time or even a couple months at a time and return to a “home base”, owning may not be a bad idea. It gives you the security of knowing you will always have a place to lay your head. A place that is familiar, solid, secure and home. It also is a good investment and in the long run with this kind of life, a money saver. Although I would suggest a condo vs a single family home.

For the young professional that has a “stationary” job my advice would be the same every time; yes. If you qualify for a mortgage and can find a place that you want to live, go for it. It will be a great investment. Make sure you get pre-qualified. This will let you and your agent know what your financial position is and your price range. There is nothing worse than finding a place that you love and then finding out you can’t afford it. At that point the choice becomes about lifestyle; single family, multi-family or condo. It’s all about your comfort level.

Whether you live in something for 5 months or 50 years, the fact of the matter is, it’s home.  Like I said, we live in a small world, why not own your little piece of it?

 

 

Author: Cindy Penkoff   http://www.facebook.com/CindyPenkoffRealtor  http://www.linkedin.com/in/cindypenkoffrealtor

Police Make Arrest in Bomb Threats

(Bridgeport, CT — May 4, 2013) — A student from Bassick High School has been charged with writing bomb threats on walls inside the school on three occasions.  The latest incident happened Friday.
The School Resource Officers section of the police department secured a warrant for the juvenile Friday evening, several hours after the third bomb scare. The SROs, in part, used footage to video security cameras to link the youth to the threats.

He was charged with three counts of first-degree threatening, breach of peace, risk of injury to minors and criminal mischief.  “These incidents are hugely disruptive. They took a thousand students out of the classroom and diverted significant police resources,” said Police Chief Joseph L. Gaudett. Jr. “We don’t view it as a prank. It is a serious crime and I trust the courts will treat it as such.”

Businesses leaving Connecticut

Accudyne Industries – a Connecticut company that produces a variety of pumps and compressor equipment used by the energy business and other industries – is moving its corporate offices to Dallas’ Uptown district.  DallasNews.com has the full story here….

 

South Carolina  is one of six locations being considered as the new site for Bristol, Conn.-based, gun manufacturer PTR Industries.  If it locates here, said Josh Fiorini, co-owner and CEO, the company expects it would hire about 100 employees over two to three years. He said the company expects to have a firm decision by the end of this month and to begin the move this summer. The average wage, when factoring in managers’ salaries, would be $20 to $21 an hour with beginning shop jobs starting at $14 to $16 per hour and an average of $17.25 an hour.    Myrtle Beach Online has the story here….

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