connecticut: Death of a Short Sale - 06/18/08 02:17 PM
It was a cute home. A nice cape-style home on a private lot. It was affordable. It needed some work, but not too much. It was priced accordingly. It was a short sale - the owners owed more money on the home than it was worth.
We quickly received two offers. … (12 comments)
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connecticut: New Milford, CT - May, 2008 Real Estate Market Report - 06/11/08 06:20 PM
New Milford, Connecticut Real Estate Update May, 2008
Closed home sales in New Milford, Connecticut:
Single Family Homes:There were 19 single family home sales closed in New Milford, CT.List Prices ranged from $149,900 - $599,900.Closed Sales Prices ranged from $182,000 - $565,000.
The average closed real estate sales price for single family homes in … (0 comments)
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connecticut: Brookfield, CT - May, 2008 Real Estate Market Report - 06/11/08 06:08 PM
Brookfield, Connecticut Real Estate Update May, 2008
Closed home sales in Brookfield, Connecticut:
Single Family Homes:There were 17 single family home sales closed in Brookfield, CT.List Prices ranged from $339,500 - $825,000.Closed Sales Prices ranged from $305,000 - $780,000.
The average closed real estate sales price for single family homes in Brookfield was $455,582.The median … (0 comments)
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connecticut: Danbury, CT - May, 2008 Real Estate Market Report - 06/11/08 05:49 PM
Danbury, Connecticut Real Estate Update May, 2008
Closed home sales in Danbury, Connecticut:
Single Family Homes:There were 17 single family home sales closed in Danbury, CT.List Prices ranged from $139,500 - $949,000.Closed Sales Prices ranged from $133,000 - $757,500.
The average closed real estate sales price for single family homes in Danbury was $383,941. The median … (0 comments)
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connecticut: Sherman, CT - May, 2008 Real Estate Market Report - 06/11/08 04:54 PM
Sherman, Connecticut Real Estate Update May, 2008
Closed home sales in Sherman, Connecticut:
There were 4 home sales closed in Sherman, CT.List Prices ranged from $549,000 - $2,100,000.Closed Sales Prices ranged from $502,500 - $1,745,000.(Two of these homes were waterfront properties)
On average, these homes sold for 88.6% of their final list price.
… (0 comments)
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connecticut: New Fairfield, CT - May, 2008 Real Estate Market Report - 06/11/08 03:32 PM
New Fairfield, Connecticut Real Estate Update May, 2008
Closed home sales in New Fairfield, Connecticut:
There were 8 home sales closed in New Fairfield, CT.List Prices ranged from $179,900 - $3,660,000.Closed Sales Prices ranged from $174,000 - $3,000,000.
The average closed real estate sales price for New Fairfield was $808,937.The median closed real … (0 comments)
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connecticut: Open Houses - 05/19/08 09:47 AM
Lew Sichelman is one of my favorite real estate writers. It helps that he sometimes quotes me in his articles. His latest article pertains to Open Houses - Door is Closing on Open Houses.
Do open houses work? Are they worth it? The article presents both viewpoints. It also created some … (7 comments)
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connecticut: We're All Just Three Months Away From Foreclosure - 05/13/08 06:06 PM
I was in the office the other day talking with a colleague.
We were discussing the market. Our business. Our projected business. We laughed. We made some jokes.
Then we broached the topic of all the short sales and foreclosure properties on the market. Short sales have definitely become the new big … (2 comments)
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connecticut: Another Offer on Another Short Sale - 05/13/08 05:41 PM
Yesterday, clients of mine wrote an offer on a Danbury, Connecticut townhome they hope to buy. The property is being sold as a short sale, which means the sellers owe more than what the property is worth in its as-is condition in today's market.
We wrote a solid offer. Of course, … (4 comments)
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connecticut: New Milford, CT - April, 2008 Real Estate Market Report - 05/11/08 10:12 AM
New Milford, Connecticut Real Estate Update April, 2008
Closed home sales in New Milford, Connecticut:
Single Family Homes:There were 17 single family home sales closed in New Milford, CT.List Prices ranged from $269,900 - $609,900.Closed Sales Prices ranged from $240,000 - $620,000.
The average closed real estate sales price for single family homes in … (0 comments)
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connecticut: Brookfield, CT - April, 2008 Real Estate Market Report - 05/11/08 09:52 AM
Brookfield, Connecticut Real Estate Update April, 2008
Closed home sales in Brookfield, Connecticut:
Single Family Homes:There were 12 single family home sales closed in Brookfield, CT.List Prices ranged from $320,900 - $715,000.Closed Sales Prices ranged from $317,000 - $715,000.
The average closed real estate sales price for single family homes in Brookfield was $441,933.The median … (0 comments)
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connecticut: Danbury, CT - April, 2008 Real Estate Market Report - 05/11/08 09:35 AM
Danbury, Connecticut Real Estate Update April, 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 $149,900 - $749,000.Closed Sales Prices ranged from $139,900 - $718,000.
The average closed real estate sales price for single family homes in Danbury was $369,302. The … (0 comments)
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connecticut: Sherman, CT - April, 2008 Real Estate Market Report - 05/11/08 09:03 AM
Sherman, Connecticut Real Estate Update April, 2008
Closed home sales in Sherman, Connecticut:
There were 3 home sales closed in Sherman, CT.List Prices ranged from $359,000 - $597,500.Closed Sales Prices ranged from $330,000 - $572,000.
Marketing time ranged from 191 - 290 days on market. The average was 237 days on market.This … (0 comments)
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connecticut: New Fairfield, CT - April, 2008 Real Estate Market Report - 05/11/08 08:54 AM
New Fairfield, Connecticut Real Estate Update April, 2008
Closed home sales in New Fairfield, Connecticut:
There were 6 home sales closed in New Fairfield, CT.List Prices ranged from $310,000 - $1,695,000.Closed Sales Prices ranged from $302,500 - $1,565,000.
The average closed real estate sales price for New Fairfield was $640,475.The median closed real … (0 comments)
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connecticut: Offers on Short Sales - 05/09/08 06:48 PM
It finally happened. Many didn't believe me. But now I've seen it happen.
A home is listed for sale as a short sale - the sellers owe more on the home than it is worth in today's market.
Here's the scenario (the specifics have been changed, but the story still works):This … (4 comments)
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connecticut: What to Offer? - 05/09/08 06:35 PM
Buyers in this market often wonder how much to offer on a house they want to buy.
Some just wildly assume they can offer 10% or 20% or 30% less than list price.Others have read an article in the paper that they should offer less than 10% of list price, and buy … (3 comments)
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connecticut: How Not to Sell Your Home - 05/06/08 08:04 PM
I'm not a fan of combination lockboxes. That much I admit.
I know that sometimes they are required. Particularly for bank-owned foreclosure properties - sometimes the banks require that we use these combination lockboxes.
But this was a new one for me. Showing Instructions: Email listing agent
That's it. Just email … (12 comments)
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connecticut: Brookfield, CT Home For Sale: Major Fixer - 04/27/08 08:12 PM
Brookfield, Connecticut Real Estate For Sale
35 Old New Milford Road, Brookfield, CT $210,000
*** SOLD AUGUST, 2008 *** MULTIPLE OFFERS ***
Major Fixer
Ready for a Project? This is it!
4 Bedrooms, 1 Full Bath
Formal Living and Dining Rooms
It Needs Work - A Lot of … (0 comments)
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connecticut: Danbury, CT Home for Sale: Remodeled Single Family Home - 04/27/08 08:06 PM
Danbury, Connecticut Real Estate For Sale
1 Thorpe Street Extension, Danbury, CT $186,000
*** SOLD NOVEMBER, 2008 ***
Turn-of-the-Century Home Remodeled in the 1990's
3 Bedrooms Plus Den
1.5 Baths
1,597 +/- Square Feet
One Car Garage
Convenient Southern Danbury Location
Needs Work - Make This Your Affordable New … (0 comments)
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connecticut: Danbury, CT Home For Sale: Multi-Family Fixer Opportunity - 04/27/08 07:57 PM
Danbury, Connecticut Real Estate For Sale
48 Locust Avenue, Danbury, CT $185,000
*** SOLD *** March, 2009 ***
Two Homes on One Lot - Wonderful Multi-Family Fixer Opportunity
Main House with Formal Dining Room, Formal Living Room, Wood-Burning Fireplace
Rear One-Bedroom Cottage
Plenty of … (0 comments)
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