I regularly post both weekly and monthly reports regarding volume, average price,closing etc. But at this time of the year, I feel it is prudent to take a break both from what is boring and irrelevant. Real estate is a seasonal business and there is little of significance that I expect to occur between now and the beginning of 2012.Listings will dribble onto the market and homes will sell at a sluggish pace. Nothing big will occur as concerns pricing...Continue Reading!
Here is the list of this weeks property transfers here in Darien. Don't you wish you could make the list too? You can, you know. You know who to call. 39 Tower Dr.: Jeffrey Scofield sold to Charles E. McCarthy and Deborah E. McCarthy for $2,235,000. 7 Whaling Rd.: Kenneth J. Kutz and Nora M. Kutz sold to Michael P. Kuehler and Karen N. Kuehler for $1,580,000. 5 Red Cedar Dr.: Andrew L. Wright and Melanie A. Wright sold to CL Darien Partners...Continue Reading!
Every quarter William Pitt Sotheby's International Realty puts out a comprehensive report on the state of real estate in Connecticut.They do a much more comprehensive job than I can in this space. So if you are thinking of buying or selling a home in Darien or elsewhere in the area,do not pass GO. It's a must read. http://viewer.zmags.com/publication/ddb5fafd#/ddb5fafd/1Continue Reading!
Well here you are looking for info on Darien real estate. Instead, I'm posting a "just for fun" entry. This is a real sign I saw at New York's LaGuardia Airport. Now I kn0w someone out there is going to contact me and tell me why snow globes are a threat to national security but for the life of me I can't understand how it could be a problem that would merit signage in a New York metro airport.Just sayin..... ...Continue Reading!
I've just returned from visiting friends in Las Vegas where it seems that the local real estate market is down on its heels. There is some new construction in the area but lots of land that was originally cleared for building seems to be laying fallow. It got me thinking about various markets and why some seem to have the bottom drop out and others remain viable. The answer for me is what I call, "intrinsic value". Now we all know that real...Continue Reading!
I was speaking with a client yesterday about the stste of the market and whether there are any signigificant foreclosure properties. The short answer is a curt ,"No." Oh sure you may say,of course DARIEN cant have a foreclosure issue but even a cursory web search on www. foreclosures.com shows that this town as well as a couple of surrounding communities have eluded the foreclosure crisis. When you think about it, it makes sense. Many people here in town bought at the...Continue Reading!
I'm always writing about real estate in Darien,CT but thought I'd offer up an amazing alternative to our great little town,namely Rowayton,CT. Long considered a sister town to Darien,Rowayton is actually part of the town of Norwalk. Located on Long Island Sound,Rowayton has traditionally been a real estate choice among young and old alike who may be moving to or from Darien. Less than two miles from the center of Darien, it feels more like Cape Cod, or Cape May,New...Continue Reading!
I cannot tell a lie.We have a problem in Darien,CT.As my readers know,I've lived here in Darien for over 25 years and it is one of the safest communities I know of. You can send your children to sleepovers without worrying for them,walk the streets at all hours and until recently leave your home for a few minutes or go on a vacation without worrying. However,recently there has been a rash of burglaries that have left residents unnerved. Now,in the spirit...Continue Reading!
In the State of Connecticut,homes sales follow a specific procedure.First a bid is made and hopefully accepted. Then, quick as a bunny, the Realtor assists the buyer in scheduling a home inspection. Then, WE PRAY. The results of home inspections here in Darien and elsewhere are responsible for many of the glitches in a home sale. Invariably,inspections will turn up a myriad of problems with dated wiring, furnaces,roofs,plumbing etc. Mostly the problems are minor but they can throw the transaction into slow motion...Continue Reading!
Sometimes while searching through the MLS, I come across photos that I just cant believe! This is certainly one of them. Continue Reading!