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!
We had our William Pitt Sothbey's International Realty Christmas party in this new restaurant located in downtown Darien and I was blown away. Darien had seen a big uptick in the number of new reswtaurants in the past few years but this may be the best. The restaurant itself is in The Goodwives Shopping Center (yes that's really the name), right in the middle of town. The owners,Also and Barbara set up the most yummy buffet. All the dishes were totally...Continue Reading!
THESE THINGS CONTINUE TO AMAZE ME WHENEVER I COME ACROSS THEM. THIS HOME FEATURES A FRESCOED CEILING,BOXES OF OLD BABY CLOTHES AND CABLE BILLS FROM LAST MAY.OPEN HOUSE THIS SUNDAY.Continue Reading!
There are lots of reasons people choose to rent in Darien. They can be renovating a home elsewhere, haven't found the home of their dreams in town or are test driving the area, so to speak. Then there are those that have bought a new home and found they were unable to sell their previous home and so list it for rent. Whatever the reason, there are currently around 30 properties for rent in Darien Ct in the price range of around...Continue Reading!
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!