Interesting news from a local website...Darien Patch Metro North Train Time: You Be the Conductor Empowering Darien commuters with the information they need to answer the all-important train-catching question: to run or not to run? Credit Cecelia Smith For the commuter, a 60-second sprint can make the difference between catching an express train home and enduring a 60-minute wait for the next local loco. Thanks to Metro North Train Time, Darien commuters with access to...Continue Reading!
I know this is an odd thing to write but I've received several calls just today about local rentals, that is, in the Darien,Stamford,and Norwalk area. The truth is that unless the rental is in the upper price ranges most renters list their properties directly on Criags List (hey- Ive done it myself). However, if you're new to the area ,or haven't even gotten here yet,its hard to tell if you'll like the neighborhood or whether its convenient. If this happens to...Continue Reading!
With the influx of young professionals from UBS and RBS, high end luxury condos are becoming more in demand than ever, While the low end in condo marketing has stagnated, units in upscale luxury condos like Trump Parc are taking off. Developments such as Palmer Hill,River Oaks,The Maples and Center ridge condos have contributed to a luxury condo market in Stamford. Although pressed by some would be buyers to lower prices many developers have stuck to their guns.Large scale developers are...Continue Reading!
I mentioned briefly in my year end report that Darien home sales saw a "pop" in December when over 20 new contracts were signed. This trend appears to encompass much of Fairfield County thereby feeding optimism for the real estate market in Darien and environs may have bottomed out. Sales in New Canaan,Ct also posted 35 fourth quarter sales over 14 in 2008.No one expects the market to bounce back like a rubber ball but the feeling is that we...Continue Reading!
Looking for a home here in Darien Ct? Always dreamed of an antique home with all the charm of years gone by but totally updated for todays lifestyle. Stay tuned to http://www.thegoldcoaststandard.com for a new listing. Nearly one acre, with a studio out building perfect for work at home, in law suite or au pair. The house dates from 1865 with new kitchen and baths, 10 foot ceilings,leaded glass etc.I don't want to give too much away so stay tuned or...Continue Reading!
So, after all the jawboning and constant "pot watching" ,how did the year 2009 turn out for Darien,CT real estate? Well, actually not too badly. Bear in mind, that 2009 followed what was arguably the worst year in recent history for the homebuyers and sellers alike and that no analysis would be complete without reexamining 2008. Suffice it to say that 2008 saw home values in Darien and surrounding towns down around 22% and volume down nearly 50%. (more…)Continue Reading!
SKATING ON TILLEY POND ,January 2010 Continue Reading!
Below is the list of Darien home property transfers as recorded by the Darien Town Hall for the months of November and December 2009.Publication of transfers typically runs a few weeks behind and I'll try to keep up and post them as they are published.Most people like reading them to see what Darien homes sold for and even who their new neighbors might be! 64 Camp Avenue, Robert and Rachael Rangelov to Andrea Capasso Puzio, 1,137,000. • 61 Holly Lane, Holly Lane Associates...Continue Reading!
Below are this weeks,new listings,deposits and closings. Of note are a couple of homes which bindered after only a couple of weeks on the market. They were 78 Brookside, a renovated Victorian, and Middlesex Rd. which is a small farmhouse. Continue Reading!
I REALLY HATE THIS HEADLINE BUT THE ARTICLE MAKES A GREAT DEAL OF SENSE........ Roth on Real Estate December 8, 2009, 4:01PM EST text size: TT If You Don't Buy a House Now, You're Stupid or Broke Interest rates are at historic lows but cyclical trends suggest they will soon rise. Home buyers may never see such a chance again, writes Marc Roth By Marc Roth // // Well, you may not be stupid or broke....Continue Reading!