Joanne Carroll
(203) 453-5420

There's lots of "happy news" in the U.S. housing market, says a prominent real estate expert, and his company's new web site, lists 2,319 places to find it. According to happyrenews, Wallingford is one of 29 towns and cities in Connecticut to see an increase in homes sold month over month, and one of 27 towns to see a positive change in the sales price of homes.

The web site, which went live in May, is the brainchild of Leon d'Ancona, President of IMS Incorporated, the leading provider of real estate market intelligence to brokers and agents throughout North America. Happy Real Estate News only reports on towns and cities that are having an increase in some aspect of their market statistics. The focus is on what’s happening LOCALLY rather than NATIONALLY and in specific towns and even in specific neighborhoods.

The site cautions that in real estate, it's important to remember: "There isn't just one market out there . . . there are hundreds of thousands of markets. And the factors driving these markets vary from city to city, neighborhood to neighborhood, even from street to street. This web site is a reality check, based on actual facts on the ground."

According to happyrenews, in July, Wallingford posted an impressive 21.4% increase in the number of homes sold over the previous month and a 10% increase in the average sales price of homes.

At The Willows, Wallingford’s first single family community since 1995, VW Homes has already sold ten homes at prices ranging from $439,900 to $569,900 and the Grand Opening of the model home is September 20-21.

The first ten buyers represent young couples starting out, like Frank and Amy Balisciano, older empty nesters, like Bob and Brenda Pilleterre and families like Ed and Karen Doukas, who have two children age 12 and 15. Ed and Karen sold their Wallingford starter home in just one week, and they will be moving to The Willows in mid October.

"The doom and gloom in media stories ignores positive, healthy activity in many cities across America," says Leon d'Ancona. "By focusing on the good news and passing the message around, we can help speed up the market recovery."