Market Trends Category
I'ts that time of year again. No, its not Christmas already.(Thank God) It's Spring and prime time for real estate in Darien CT and the country as a whole. So this is kind of like a Christmas card.It's my annual plea to sellers to price their homes correctly if they are really serious about selling.I get that no one wants to leave money "on the table" so the instinct is to place your home on the market to see "what happens"....Continue Reading!
This is a" boots on the ground" kind of post regarding my observations of the spring Darien real estate market so far.First, its still early-calendar wise.However, the warm weather seems to have brought out potential buyers. As I wrote last week, I was bumping up against other agents in town while showing homes. Renters seem to want to come off the fence but there is still a reticence to pull the "trigger". People are still concerned about job security, particularly...Continue Reading!
Quite by accident ,I stumbled across this information which is fascinating.It details which states people are moving to and which states they are moving from. The details are surprising. ,New Jersey and New York are big losers though and Connecticut has turned the cornerr into an "outbound" state. <a href="http://www.atlasvanlines.com/infographics/2011-migration-patterns/"> <img src="http://www.atlasvanlines.com/infographics/2011-migration-patterns/2011-migration-patterns-410.jpg" width="410" alt="2011 Migration Patterns"></a><br /><a href="http://www.atlasvanlines.com/infographics/2011-migration-patterns/">2011 Migration Patterns</a> by <a href="http://www.atlasvanlines.com/">Atlas Van Lines</a>Continue Reading!
According to the new census, a full 23% of Darien,Ct's residents are under the age of 18...this is the highest in the state. Come on up. Plenty of people to play with. Continue Reading!
The New York Post reported today that real estate in the Hamptons is looking rosier, sooner due to the mild winter. Last weekend we saw some of the same thing here in the Darien real estate market. Last year at this time, buyers and agents alike took their lives in their hands just trying to reach front doors where snow and ice were piled high. This year it seems more buyers are coming out earlier,partly due to moderate temperatures.Open houses reported...Continue Reading!
I've written before about Harbor Point the unbelievable new residential, rental,community in Stamford's South End. Once the home of small factories,auto body shops and vacant lots,Harbor Point is a development worthy of the Romans...There are several rental properties which have become the talk of the town.The Lockworks,The Lofts and 101 Park. All are totally unique rentals, one two and three bedrooms and they are EXTREMELY popular. I had lunch with a friend today who reminded me that you can remember...Continue Reading!
Starting in 2012,Ill be publishing at least monthly, the Darien,Ct Market Tracker which will allow readers to keep on top of the broader trends affecting Darien, Ct real estate. This is in addition to articles about local flavor, individual properties and general real estate stories and information. Hope its helpful. Continue Reading!
Happy New Year everyone. Below is the first Darien home market report for the new year of 2012.As always the report shows,new listings (appearing very slowly),deposits and closings. There have been no accepted offers that I know of in the past couple of weeks. We are off to a slow start but in real estate we see more listings and sales as the weeks go on. If you're thinking of selling, I really don't see any reason to wait until...Continue Reading!
Year end numbers have not been released for Darien, Ct and environs, but that won't stop me from making some general predictions about the real estate market in 2012. None of this is earth shattering but Fairfield County typically acts as its own market within the state of Connecticut and trends here are worth observing since they diverge somewhat from other areas. Everyone constantly asks, "How's the market?" There is no one answer. Homes are selling, although not at previous levels,and will...Continue Reading!