Here is an unbiased report from Darien/New Canaan Magazine about the new normal in this areas real estate market....http://www.newcanaandarienmag.com/n/March-April-2014/The-Real-Estate-Survival-Guide/Continue Reading!
Just a snippet of information for those dipping their toes in the Darien real estate market....get in line. The number of homes sold as of February 28 0f 2014 is two times that of 2013. That is 18 versus 32 this year. Mostly entry level price points but not all. Lets see what the spring brings....Should be a barn burner.Continue Reading!
This little compendium is compliments of my friend ,Nicole Lyons. She has a great website called www.AllAboutDarien.com and you can get a real flavor of the town just by going to her site. In the meantime, here is a list of things to do this week....as usual its all (or mostly) about the little ones. Enjoy.http://allaboutdarien.com/2014/03/whats-doin-in-darien-weekend-of-march-6th/Continue Reading!
FINALLY, we are seeing more inventory come onto the Darien home marketplace. Its been a" fits and starts" sort of thing up until now,particularly in the entry level price point. So if you're interested in buying a home from $700,000-$1,500,000 NOW is the time to keep your eyes and ears open. These houses will go to the swiftest of buyers and those who are willing to step up in multiple bid situations. What does that mean exactly? Well just the way it sounds. If...Continue Reading!
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!
I wrote a post a few years ago about nursery schools in Darien Ct. Although most of the schools are still around I thought Id update the information a bit. When clients first come home shopping here, they often tell horror stories about enrolling children in pre-school in New York City and how the most popular schools command upwards of $25,000 annually. Rest assured that is NOT the case everywhere and certainly not in Darien CT. Choices here are varied, everyone swears...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!
This article published in the New York Times about the waterfront in Fairfield and Fairfield Beach could also be about the shoreline in Darien. If you're interested in it should should most certainly be aware of the new FEMA requirements and the impact on homeowners insurance. An interesting read. http://www.nytimes.com/2013/11/03/realestate/fairfield-beach-buildings-rise-values-stay-put.html?_r=0&adxnnl=1&pagewanted=2&adxnnlx=1383231155-19MM7nWphZpDIFJnozgTDgContinue Reading!