Alternative Heating Options for your Connecticut Home - 07/24/08 02:43 PM
I heat my home with oil - I have a hydro-air forced warm air heating system with three zones.When I built my home three years ago, has I suspected the price of oil would more than double in three years, I might have considered different heating options. 
Back in 2005 when I built the home, I contracted for oil for about $2.05 per gallon.  This past year, I've been paying $3.59 per gallon.  Now, I'm hearing quotes of $4.70 - $5.19 per gallon.  Ouch. 
Just by conservation - and the fact that now all of our kids are in school during … (25 comments)

Oven Not Included - 07/18/08 08:55 AM
I've written before that sellers should remove valuables from their home.  Sellers should also remove anything that they do not wish to be included in the sale.
As an agent, I tire of seeing "Dining Room Chandelier Not Included in Sale."
Then, remove the dang chandelier and replace it now!
When selling, unless noted in the contract, all fixtures are included in the sale.  A fixture is any item permanently attached to the home. 
Those shelves are attached to the wall?  They're a fixture and they stay.That dining room chandelier attached to the ceiling and the electrical system?  It's a fixture … (7 comments)

Ridgefield, CT - June, 2008 Real Estate Market Report - 07/14/08 09:25 PM
Ridgefield, Connecticut Real Estate Update June, 2008
Closed home sales in Ridgefield, Connecticut:
There were 39 home sales closed in Ridgefield, CT.List Prices ranged from $399,000 - $2,750,000.Closed Sales Prices ranged from $375,000 - $2,400,000.
On average, these homes sold for 94.3% of their final list price.
Marketing time ranged from 7 - 993 days on market.  The average was 288 days on market.This compares with 52 closed sales in June, 2007, with an average sales price of $930,113 and a median sales price of $821,250.
Currently available homes for sale in Ridgefield, Connecticut:
Currently, there are 239 homes for sale in Ridgefield, CT.List Prices range … (4 comments)

Bethel, CT - June, 2008 Real Estate Market Report - 07/14/08 08:55 PM
Bethel, Connecticut Real Estate Update June, 2008
Closed home sales in Bethel, Connecticut:
There were 13 home sales closed in Bethel, CT.List Prices ranged from $264,900 - $389,900.Closed Sales Prices ranged from $245,000 - $380,000.
On average, these homes sold for 94.8% of their final list price.
Marketing time ranged from 35 - 635 days on market.  The average was 238 days on market.This compares with 13 closed sales in June, 2007, with an average sales price of $426,915 and a median sales price of $386,000.
Currently available homes for sale in Bethel, Connecticut:
Currently, there are 116 homes for sale in Bethel, CT.List Prices range … (4 comments)

New Milford, CT - June, 2008 Real Estate Market Report - 07/14/08 08:04 PM
New Milford, Connecticut Real Estate Update  June, 2008
Closed home sales in New Milford, Connecticut:
Single Family Homes:There were 23 single family home sales closed in New Milford, CT.List Prices ranged from $219,900 - $1,675,000.Closed Sales Prices ranged from $220,000 - $1,550,000.
The average closed real estate sales price for single family homes in New Milford was $431,905.The median closed sales price was $355,000.On average, these homes sold for 95.4% of their final list price.Days on Market ranged from 35 - 635 days, with the average being 251 days of market time.
This compares to 37 single family homes closed in June, 2007, with an average closed sales … (0 comments)

Brookfield, CT - June, 2008 Real Estate Market Report - 07/14/08 07:26 PM
Brookfield, Connecticut Real Estate Update  June, 2008
Closed home sales in Brookfield, Connecticut:
Single Family Homes:There were 19 single family home sales closed in Brookfield, CT.List Prices ranged from $189,900 - $769,000.Closed Sales Prices ranged from $189,900 - $740,000.
The average closed real estate sales price for single family homes in Brookfield was $450,784.The median closed sales price was $415,000.On average, these homes sold for 95.8% of their final list price.Days on Market ranged from 29 - 844 days, with the average being 253 days of market time. 
This compares to 28 closed sales in June, 2007, with an average sales price of $582,960 and a median closed … (0 comments)

Danbury, CT - June, 2008 Real Estate Market Report - 07/14/08 06:41 PM
Danbury, Connecticut Real Estate Update June, 2008
Closed home sales in Danbury, Connecticut:
Single Family Homes:There were 37 single family home sales closed in Danbury, CT.List Prices ranged from $189,900 - $649,900.Closed Sales Prices ranged from $190,500 - $627,000.
The average closed real estate sales price for single family homes in Danbury was $363,224.  The median closed real estate sales price was $345,000.On average, these homes sold for 96.2% of their most recent list price.Days on Market ranged from 6 - 581 days, with the average being 180 days of market time. 
This compares with 42 closed sales in June, 2007, with an average closed sales price of $473,364 and … (2 comments)

Sherman, CT - June, 2008 Real Estate Market Report - 07/14/08 06:13 PM
Sherman, Connecticut Real Estate Update June, 2008
Closed home sales in Sherman, Connecticut:
There were 3 home sales closed in Sherman, CT.List Prices ranged from $535,900 - $1,200,000.Closed Sales Prices ranged from $491,850 - $1,050,000.
On average, these homes sold for 89.7% of their final list price.
Marketing time ranged from 79 - 319 days on market.  The average was 210 days on market.This compares with 7 closed sales in June, 2007, with an average sales price of $676,557 and a median sales price of $507,000.
Currently available homes for sale in Sherman, Connecticut:
Currently, there are 74 homes for sale in Sherman, CT.List Prices range … (0 comments)

New Fairfield, CT - June, 2008 Real Estate Market Report - 07/14/08 05:49 PM
New Fairfield, Connecticut Real Estate Update June, 2008
Closed home sales in New Fairfield, Connecticut:
There were 14 home sales closed in New Fairfield, CT.List Prices ranged from $259,000 - $2,395,000.Closed Sales Prices ranged from $233,000 - $2,090,000.
The average closed real estate sales price for New Fairfield was $584,617.The median closed real estate sales price for New Fairfield was $421,450.On average, these homes sold for 93% of their final list price.
Days on Market ranged from 47 - 515 days, with the average being 157 days of market time.
This compares with 23 closed sales in June, 2007, with an average sales price of $430,260 and a … (0 comments)

Indy Mac No Longer Funding Loans - 07/11/08 01:56 PM
We had a listing that was supposed to close today.It's not closing.
Why not?  Because the buyers were obtaining their mortgage financing through Indy Mac. 
It was announced recently that Indy Mac was leaving the mortgage financing business.  But, they said that would fund and close all loans currently in process.
That is no longer the case.  As of yesterday afternoon, we were told that Indy Mac will not fund any more loans, no matter where they are in the process.
Where does that leave buyers and sellers expecting to close with a loan through Indy Mac?  Screwed.
We'll work to … (6 comments)

Dependents' Day 2008 - 07/03/08 09:46 AM
Once again, in my home we're celebrating Dependents' Day!
Dependents' Day is the day before Independence Day.  On Independence Day, we celebrate the founding of our nation.  On Dependents' Day, we celebrate the founding of our family...
July 3, 2003:  We cried a little as the judge declared that we have now officially adopted our first two children.  they had been with us for a year as foster children, now they were legally and officially our sons.  They were now our dependents.  Hence, Dependents' Day!
After the adoption was complete, the judge invited us up to his desk.  He let the … (5 comments)

 
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Don Fabrizio-Garcia

Danbury, CT

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Fab Real Estate

Address: 1 Padanaram Road, Suite 150C, Danbury, CT, 06811

Office Phone: (203) 947-1107

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CT SCAN: CT Real Estate Scan www.FabRealEstate.com Covering your real estate wants and needs in western Connecticut.


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