By now you know about the inventory issues in Darien real estate. If you're looking to buy a home below $1.6million, you have few to no choices. Now that the weather has for the moment, turned warm all the ice and snow that has built up on the roofs of Darien homeowners is finding its way indoors. Ice damming has been a big issue during this cold snap and as the deep freeze abates, water will continue to make an appearance in family rooms...Continue Reading!
Five years ago, you practically couldn't give houses away...Homes that were on the market were overpriced and buyers were burrowing in their bunkers awaiting better news of the economy, election results, bonuses, you name it. We knew it had to happen and eventually it did. All the first time home buyers from New York City, now with one child living in a closet and another in a dresser drawer have re emerged to create a hot, entry level market in Darien,CT...Continue Reading!
For those of you wanting more in depth analysis of last years market in the area, William Pitt Sothby's publishes a great, comprehensive report.. http://www.williampitt.com/eng/market-reportsContinue Reading!
The numbers are out and maybe you've seen them already. If not, The real estate market in Darien in 2013 remained even where it needed to be and strong where it needed to be. Let me explain. Homes sold last year was down by only three homes or 1% of the total number conveyed. A stable number indeed. The average days on the market was down (another strong indicator) was just off slightly by two days. Behind this number however, are some deeper...Continue Reading!
Tucked away just off the Post Road on the Darien/Norwalk border is a small enclave eight homes known as Highmeadow.These homes,built in 2001 have never traded on the open real estate market but instead have been lovingly transferred from owner to owner privately. Such is the demand for these homes. They are a cross between a single family home and condominium. Residents own the property the house sits on but not the common areas which are maintained by the homeowners...Continue Reading!
Here's a brief but accurate assessment of the assessments on Zillow known as Zestimates. The public has embraced them as a "go to "site for buyers and sellers alike but as we know.....you cant believe everything on the Internet. Anyway, here's what Ive known all along.....Zillow is just plain wrong.....a lot! <iframe width="560" height="315" src="//www.youtube.com/embed/lFZ6p9-z0-o" frameborder="0" allowfullscreen></iframe>Continue Reading!
As predicted, this week, heralds the beginning of the fall market in Darien real estate. So far there have been ten new listings, which included, a smattering of everything from rentals to $6million compounds in North Darien. Many of the listings are also in our sister town of Rowayton. Nice selection in all price points. Come and get 'em...while they last....Continue Reading!
Tomorrow is the big day. The official beginning of the fall real estate market here in Darien and throughout Fairfield County, We are all praying for lots of nice,entry level homes to fill the screaming need in this price range. The next two weeks or so will be interesting.Sellers in that price range....700-1.5million.... price it right and they will come.... hopefully allowing you to trade up and bump the higher price points. Homes have been selling all summer but at the rate of one...Continue Reading!
Sometimes you're just starting to THINK about buying or selling a home in Connecticut and you just have one measly little question. Who do you ask? Well how about me? Ive been selling and listing real estate for almost twelve years and have lived in Fairfield County twice as long as that. I've put three children through Connecticut schools,belong to a local country club and know tons of people from plumbers to tax accountants. If there is anything you want to know about the area and...Continue Reading!
For years, specifically the past six or more,we've all been reading reports that the real estate market in this country is showing signs of life. A tick up in new home starts, word of rising prices in some markets and persistently low interest rates are a constant.Yet, as a realtor here in Darien Ct, I never really felt it-until this year. Sure homes have been selling over the years since the real estate downturn but at a fraction of the pace and...Continue Reading!