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" I hear the market is up". This is a refrain I hear almost every day from other agents,managers and media. There are many ways to measure a market.The stock market for example can be looked at as a function of the S&P, various business sectors or as individual company stocks. The same is true in real estate markets. From time to time, I publish local Darien,New Canaan,Norwalk and Rowayton real estate statistics. They all point to various measures of the local...Continue Reading!
The common wisdom is that the Connecticut real estate is a seasonal and largely springtime phenomenon. Not so. While the majority of homes wait for the ice to melt and the dogwoods to bloom, people need and want to sell their homes all year round. And autumn is no exception. The New England fall days are some of the prettiest for the Connecticut real estate market. Listings are continuing to come on the market albeit at a slower pace. But the selection...Continue Reading!
Labor Day is in the rearview mirror and we are now entering the short but sweet Darien Fall Real Estate Market. Generally weaker than the spring in the number of listings, it hits like a summer storm,it passes very quickly. It only lasts around eight weeks.That said, you are more likely to find a bargain in the fall than spring because homeowners are facing upkeep on their homes through the long winter. That can mean, heating,plowing and extra mortgage payments if they've...Continue Reading!
Every Realtor in the world loves to publish the weekly,monthly, even daily real estate report here in Darien and well everywhere. The problem with that is that numbers can only tell a one dimensional view of a situation. If you look at the Darien statistics, we show a "flat to slightly up "market, average price is up a bit, sales are comparable with last years....the patient is healthy but not robust. The "Boots on the Ground Report" reflects a similar situation...Continue Reading!
Not all homes in Darien are multi million dollar estates, on the water. The price of admission to this tony town of Darien is often much less than you might imagine.Condominiums in town are the most obvious choice to entry with pricing starting in the 400's and going up to $1.8 million or so for the new Kensett development. So what's in between if you want to take advantage of Darien,CT's waterfront community, one hour commute, and award winning schools. Case in...Continue Reading!
It's not everyday that you can find a home in Darien Ct that is absolutely pristine, and walking distance to train and shopping for under $1million. In fact,it happens almost never....except for TOMORROW, May 4,2015. I will be listing a beautiful 1940 square foot, 3 bedroom colonial on an "in demand "street in Darien for $945,000. On .23 acres this home has been freshly painted and carpeted. It has a large Master suite with remodeled master bathroom and large walk in closet. There...Continue Reading!
Not only do you need a Realtor but you need an experienced Realtor. In small Fairfield County towns such as Darien and New Canaan there are builders and then there are builders. The high quality, established builders have almost all been around for a long time. Even when the market was down and new construction was non-existent, they busied themselves with remodels. The local builders are known quantities and their product has a reputation around town. The experienced Realtors all know...Continue Reading!
Things are starting to percolate a bit in Darien real estate. I went to a few open houses today and oddly saw two homes priced exactly the same. I thought one was overpriced and the other underpriced at around $2.3 million. Same general neighborhood.Which was which? Call me to find out why. 203-554-0951.Continue Reading!
Its not yet 2015 but no doubt those thinking of buying a home in Darien or just about anywhere are all wondering the same thing. When should I begin my search? Is January too soon? May too late? Do prices spike in the spring? Is there anything wrong with homes that didn't sell over the winter? What do I do first? These are all reasonable questions with simple answers. As you've undoubtedly heard, all real estate is LOCAL. What holds true...Continue Reading!