I cannot tell a lie.We have a problem in Darien,CT.As my readers know,I've lived here in Darien for over 25 years and it is one of the safest communities I know of. You can send your children to sleepovers without worrying for them,walk the streets at all hours and until recently leave your home for a few minutes or go on a vacation without worrying. However,recently there has been a rash of burglaries that have left residents unnerved. Now,in the spirit...Continue Reading!
In the State of Connecticut,homes sales follow a specific procedure.First a bid is made and hopefully accepted. Then, quick as a bunny, the Realtor assists the buyer in scheduling a home inspection. Then, WE PRAY. The results of home inspections here in Darien and elsewhere are responsible for many of the glitches in a home sale. Invariably,inspections will turn up a myriad of problems with dated wiring, furnaces,roofs,plumbing etc. Mostly the problems are minor but they can throw the transaction into slow motion...Continue Reading!
Sometimes while searching through the MLS, I come across photos that I just cant believe! This is certainly one of them. Continue Reading!
The fall is off to a slow start. Very few listings of value have come onto the market and the sales are precious few. We're holding our own versus last year but thats the best you can say,Im afriad. Sellers should begin to lower asking prices as the days grow shorter and the holiday seasons approach. For any questions on a specific property call me on 203-554-0951. Continue Reading!
For those of you who are familiar with town and know the ins and outs,here is this weeks activity report.As you can see its precious little. Only 7 new listings and several are homes that have been relisted from a previous time.Continue Reading!
A few weeks ago,I had an English language, challenged buyer ask me if her deposit would be placed in "escarole ." I said, "Sure, I'm sure the change will be fine, but the bills will probably get a little soggy!" Continue Reading!
Since the Darien real estate market is so slow,I've been ruminating over what to write about. Then I realized I should just fess up and describe things the way they are.REALLY slow. Since Labor Day listings are just dribbling on to the market one at a time and half of those are rentals. The other half seem to be homes that were previously listed and are now being re-marketed at a lower price. If you are in the market to buy a...Continue Reading!
The hint in the headline is the word "fall". Sure that's the upcoming season but it has another meaning too. Today when I checked the Darien MLS for status changes of listings I was met with half a dozen price reductions. And that's what I predict will continue to be the case throughout the autumn.In the past, the fall market often represented a last ditch effort to sell their homes before retreating into real estate hibernation for the winter. As a result,...Continue Reading!
There us plenty of information out there regarding the storm and its aftermath here in Darien and surrounding towns. As of Wednesday,August 31, nearly half the town is still without power.Electricity to the schools has been restored and Darien students will be returning to school tomorrow,Thursday September 1. As far as the storms impact on the real estate market,its safe to say it has basically brought things to a crawl. The Darien MLS has no power but is operating out of a...Continue Reading!
For those of you who keep track of such things, below is a list of sales for last week here in Darien.These homes range from building lots to waterfront listings and teardowns. Topping last week's property transactions was a $2.24 million sale on Juniper Road: 5 Stony Brook Rd. S: Charles B. England Jr. sold to Virginia Jijon and Sebastian Correa for $1,700,000. 51 Leroy Ave.: Jared S. Sturdivant and Jessica S. Sturdivant sold to Lynne Ann Hippeau Tr. and Lynne A. Hippeau...Continue Reading!