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!
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!