Click on the link below for the latest in Darien real estate market statistics as of the end of March 2012. Some good stats, some not so good. The number of homes sold is up by 25% but that is misleading since its based on a small number to begin with namely 12 versus 15 this year. As usual the sweet spot for listings and sales is the $1-2million dollar range. The luxury market,$3million and up. has yet to make itself clear.Stay tuned. I'm predicting...Continue Reading!
Darien, Ct is a smallish town (around 18,ooo) people on the Gold Coast of Connecticut. It is situated between the larger cities of Norwalk and Stamford just an hour from New York. Although I've lived here for over 25 years,I'm always amazed how shopkeepers greet me by name and are so friendly.Lately we've stepped up the towns' retail game and brought in some upscale chains like Brooks Brothers, Joseph A Bank, Elizabeth Arden and Whole Foods. But to me it's the small...Continue Reading!
I was watching a program last night on TV called..."Say Yes to the Dress" which features brides to be shopping for a wedding dress.Often they enter the process thinking that they know exactly the kind of dress they are looking for but wind up disappointed when they don't like the way it fits. Maybe I should start a show called "Say Yes to the House" because the process seemed similar to the house hunting .Just like brides, home buyers to be,...Continue Reading!
Here is an update on the Stamford,Ct. Harbor Point project which I have written about in the past. In spite of what the Times calls a "speed bump",it doesnt change the fact that this is and will be a great place to live. It just might take a little longer.http://www.nytimes.com/2012/02/26/realestate/connecticut-in-the-region-stamford-development-hits-a-speed-bump.html?partner=rss&emc=rss If you are interested in seeing the apartments just contact me at 203-554-0951. If youre reading about this for the first time, the general rule of thumb for rent here is $2000/mo...Continue Reading!
Whether this is your first time buying a house or you’ve done it before, here are a few tips for how to prepare for a successful search in today’s market. With 25 years of experience in this community, I’ve got lots more where these came from – so feel free to contact me, even if you just have questions. No obligation. No kidding. 1. A TRAIN RUNS THROUGH IT. Be aware that popular real estate web sites that offer “estimated” home...Continue Reading!
We have our share of celebrity journalists in Farifield County, Brian Williams,Ashleigh Banfield, Scott Pelle and Mike Lupica just to name a few. It is unusual however, when one of their homes comes on the market and is affordable to entry level buyers. The home of Andy Rooney of "60 Minutes" fame is now on the market in Rowayton,Ct at an asking price of $749,500. I went to the estate sale there a few weeks ago and there were all manner of memorabilia,including Emmy statuettes and...Continue Reading!
Here is the list of new listings,accepted offers,deposits and closings. As you can see the Darien real estate market is in full swing.Homes are selling across all price ranges. We even had a sale for $11 million!As always, the most popular price range is Darien entry level,namely 500K to $1.5million. Prices continue to moderate and homeowners are more realistic than in years past. There are two homes that I particularly like, one on Hillside Ave and the other on Pilgrim...Continue Reading!
I cannot tell a lie. This article been lifted wholly from Realtor.com but it really explains why buyers and sellers alike should take these Web based real estate estimates with a grain of salt....or a bag of salt. Data is a good thing to have at your disposal but when it comes to buying and selling real estate in Darien or elsewhere, its only a small part of the picture. The old saying is "Garbage in, garbage out" and thats what Web estimates amount...Continue Reading!
Sometimes I just can't believe what I see on the MLS..... Continue Reading!
As you can see the market is heating up. Volume is still down from last year but homes are selling...if you are in the market...now's the time. Continue Reading!