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        <Description>&lt;p&gt;&lt;img alt="Ledyard Connecticut" hspace="7" src="http://farm2.static.flickr.com/1250/1161142129_5a3d05d6e7_m.jpg" align="left" vspace="3" border="0" /&gt;There were 3 new listings this week but with a few listings expiring, listing inventory remained stable for the second week in a row.&amp;nbsp; There are currently 19 pending sales including 2 NEW pending sales to report this week.&amp;nbsp; One year ago there were 50 pending sales, a pretty significant difference and one being experienced in towns throughout Eastern Connecticut.&amp;nbsp; For the second week in a row, there were no new closed sales to report.&lt;/p&gt;&lt;p&gt;The big news continues to be the number of price reductions.&amp;nbsp; There were 13 price reductions this week totaling $137,000.&lt;/p&gt;&lt;p&gt;So what's the good news?&amp;nbsp; Interest rates remain favorable.&amp;nbsp; My websites are getting lots of visitors and nice weather usually gets buyers out from behind their computers.&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;&lt;u&gt;Today's Ledyard Snapshot&lt;/u&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;Number of Ledyard Homes Currently for Sale:&amp;nbsp; 117&lt;br /&gt;&lt;/strong&gt;One year ago there were 104 residential listings in Ledyard.&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;Number of Homes Currently Pending: 19&lt;/strong&gt;&lt;br /&gt;One year ago there were 50 pending sales in Ledyard&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;Number of Homes Sold in 2008:&amp;nbsp;29&lt;/strong&gt;&lt;br /&gt;One year ago there were 39 closed sales in Ledyard&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;There were 13 Price reductions this week, totaling $137,000&lt;/strong&gt;&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;The highest priced home to sell in Ledyard&amp;nbsp;in 2008:&amp;nbsp; $459,997&lt;/strong&gt;&lt;/p&gt;</Description>
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