Hurry Up and Wait! - 09/28/08 12:23 PM
I was talking with one of my buyers, who currently has an offer in on a short sale property. 
In talking, we started ruminating how buying a short sale property is like a day in the airport:  Hurry up and wait! 
Airport:  Hurry up!  Hurry up!  Have to leave the house on time.  Might be traffic.  Arrive at the airport early.  Now, wait. 
Short sale:  Hurry up!  Hurry up!  It's priced right.  It's in pretty good condition.  It's in the location you've been wanting.  Let's write that offer today.  Now, wait. 
Airport:  Hurry up!  Get in line to check in.  … (16 comments)

Register to Vote - 09/26/08 08:08 PM
The election is in less than six weeks.
If you have not yet registered to vote, or if you have moved since you last registered to vote, now is the time to register!
Please visit the Connecticut Secretary of State's website to download your Voter Registration Form today.
These forms may be completed and mailed in.
Don't forget to vote!
Don Fabrizio-Garcia, REALTOR
… (0 comments)

Ridgefield, CT - August, 2008 Real Estate Market Report - 09/23/08 01:31 PM
Ridgefield, Connecticut Real Estate Update August 2008
Closed home sales in Ridgefield, Connecticut:
There were 22 home sales closed in Ridgefield, CT.List Prices ranged from $365,900 - $1,784,000.Closed Sales Prices ranged from $300,000 - $1,770,000.
The average closed sales price in Ridgefield was $730,613.The median closed sales price in Ridgefield was $649,000.
On average, these homes sold for 95% of their final list price.
Marketing time ranged from 42 - 378 days on market. The average was 177 days on market.This compares with 49 closed sales in August, 2007, with an average sales price of $994,545 and a median sales price … (0 comments)

Bethel, CT - August, 2008 Real Estate Market Report - 09/23/08 01:12 PM
Bethel, Connecticut Real Estate Update August, 2008
Closed home sales in Bethel, Connecticut:
There were 19 home sales closed in Bethel, CT.List Prices ranged from $199,900 - $998,000.Closed Sales Prices ranged from $206,000 - $885,000.
The average closed sales price in Bethel was $412,757.The median closed sales price in Bethel was $400,000.
On average, these homes sold for 94.1% of their final list price.
Marketing time ranged from 37 - 817 days on market. The average was 198 days on market.This compares with 13 closed sales in August, 2007, with an average sales price of $388,292 and a median sales price … (0 comments)

New Milford, CT - August, 2008 Real Estate Market Report - 09/23/08 12:11 PM
New Milford, Connecticut Real Estate Update August, 2008
Closed home sales in New Milford, Connecticut:
Single Family Homes:There were 14 single family home sales closed in New Milford, CT.List Prices ranged from $299,750 - $799,000.Closed Sales Prices ranged from $278,000 - $724,000.
The average closed real estate sales price for single family homes in New Milford was $420,564.The median closed sales price was $372,500.On average, these homes sold for 94.6% of their final list price.Days on Market ranged from 40 - 682 days, with the average being 241 days of market time.
This compares to 33 single family homes closed in … (0 comments)

Brookfield, CT - August, 2008 Real Estate Market Report - 09/23/08 10:23 AM
Brookfield, Connecticut Real Estate Update August, 2008
Closed home sales in Brookfield, Connecticut:
Single Family Homes:There were 25 single family home sales closed in Brookfield, CT.List Prices ranged from $179,000 - $1,950,000.Closed Sales Prices ranged from $192,500 - $1,850,000.
The average closed real estate sales price for single family homes in Brookfield was $466,496.The median closed sales price was $427,000.On average, these homes sold for 94.1% of their final list price.Days on Market ranged from 30 - 798 days, with the average being 178 days of market time.
This compares to 16 closed sales in August, 2007, with an average sales … (2 comments)

Danbury, CT - August, 2008 Real Estate Market Report - 09/21/08 09:40 PM
Danbury, Connecticut Real Estate Update August, 2008
Closed home sales in Danbury, Connecticut:
Single Family Homes:There were 29 single family home sales closed in Danbury, CT.List Prices ranged from $217,000 - $975,500.Closed Sales Prices ranged from $207,500 - $975,000.
The average closed real estate sales price for single family homes in Danbury was $381,432.  The median closed real estate sales price was $346,000.On average, these homes sold for 95.5% of their most recent list price.Days on Market ranged from 5 - 400 days, with the average being 106 days of market time.  This month enjoyed a marketing time 50 days less than recent averages... 
This compares … (0 comments)

Sherman, CT - August, 2008 Real Estate Market Report - 09/19/08 08:57 PM
Sherman, Connecticut Real Estate Update August, 2008
Closed home sales in Sherman, Connecticut:
There were 2 home sales closed in Sherman, CT.List Prices were $590,000 - $1,095,000.Closed Sales Prices were $585,000 - $950,000.
These homes sold, on average, for 91.1% of their most recent list price.
The average days on market was 537.
Currently available homes for sale in Sherman, Connecticut:
Currently, there are 71 homes for sale in Sherman, CT.List Prices range from $275,000 for a small ranch with beach rights to $3,300,000 for an expansive estate on more than 24 acres.
Sherman, Connecticut is a small semi-rural community of about 4,000 residents that borders … (0 comments)

New Fairfield, CT - August, 2008 Real Estate Market Report - 09/19/08 08:35 PM
New Fairfield, Connecticut Real Estate Update August, 2008
Closed home sales in New Fairfield, Connecticut:
There were 15 home sales closed in New Fairfield, CT.List Prices ranged from $150,000 - $1,495,000.Closed Sales Prices ranged from $123,000 - $1,400,000.
The average closed real estate sales price for New Fairfield was $488,800.The median closed real estate sales price for NewFairfield was $385,000.On average, these homes sold for 94.5% of their final list price.
Days on Market ranged from 34 - 351 days, with the average being 118 days of market time.
This compares with 23 closed sales in August, 2007, with an average … (0 comments)

Foreclosure vs. Deed-in-Lieu of Foreclosure vs. Short Sales - 09/16/08 12:51 PM
Ilyce Glink published a great Q&A today regarding Deed-in-Lieu of Foreclosure. 
Oftentimes, when homeowners are behind on their mortgage and owe more than the home is worth, they panic.  Some will just decide they have no options and allow the home to foreclose.  Some will investigate what other options may be available to them. 
When facing foreclosure, you do have three options: 
Pay the lender the amount needed to bring your loan current  Do a deed-in-lieu of foreclosure, if the lender agrees  Sell your home "short" - also known as a short sale.  A short sale is a transaction where you … (21 comments)

Brookfield, CT Home for Sale: Spacious End Unit Townhome w/Garage - 09/12/08 03:12 PM
Brookfield, Connecticut Real Estate For Sale
Newbury Crossing 8 Bristol Path, Brookfield, CT $275,000
***   UNDER DEPOSIT   ***

Oh-So-Spacious End Unit Townhome with Garage 2 Bedrooms + Den + Loft 2 Full Baths + 2 Half Baths Three Levels of Living Eat-In-Kitchen, Formal Dining Room, Huge Living Room Finished Lower Level with Family Room, Bonus/Play Room, Workshop, Laundry and Storage One Car Detached Garage + One Reserved Space. Plenty of Visitor Parking Central Heat and Air Conditioning Two Wood-Burning Fireplaces Vaulted Ceilings Community Pool and Tennis Courts Pets Allowed - No Size Restrictions
 
 
 
 
 
… (2 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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