All the media say it over and over again...it is a buyers market, but some buyers are still holding back. Heres the current stats of our market;
Prices are down. In Ridgefield, your can consider a 4400 sq ft house for $900,000! Gee, in 2003, that house could have been $1.2M!
Inventory is up..currently 275 Single Family houses to choose from..the more the merrier, right!
The Mortgage crisis is settling down and many "see the light at the end of the tunnel!". Not to mention the fact that conforming mortgage limits have been raised allowing for MANY purchases here in Fairfield County, and buyers are much more "REAL" and qualified these days.
I have read some polls lately that some 75% of people think the Real Estate world will start to improve and be back on track where appreciation will be realized in 2 years.
SELLERS are MOTIVATED and really do want to sell. Some sellers are more realistic and have adjusted their prices to todays world...AND, in just the last 2 weeks, I have been involved in 2 MULTIPLE OFFER situations and heard of several others!! When was the last time we had that??? 2-3 years ago, maybe....
Some buyers are out there saying, " I am waiting for the bottom", then I will buy. Unless they have a real crystal ball, who can predict the future? We do know how far "real" prices have adjusted, and things are moving(As of 4.4.2008, there were 10% homes under agreement in Ridgefield...we havent been that high in over a year! And, an additional 27 homes pending to close!) If a typical buyer were to keep waiting, there is no guarantee prices will continue to adjust, and they could miss out on the extension by the Feds to increase the Conforming Mortgage limits through the end of the year.
If you are a potential buyer, call today and let me show you the hard numbers of what is SELLING and WHY? Dont miss the boat...or I mean HOUSE!
The HomeVision Group at Keller Williams Realty invites you to open houses at these properties in Ridgefield, CT, Sunday, March 30 from 1pm to 3pm. Preview the properties at their web sites:
The following chart demonstrates what happens in real estate markets when homes begin their time on the market priced above what the market itself indicates is fair market value.
We want to thank our colleague, Doug Holladay for the creation of this visual!
What makes a hometown g*r*e*a*t? Certainly it's a feeling of security, of "being at home," and having an expectation of friendship within the community. It's also having favorite haunts whether it's the diner where you can get a reliably good meal, the bookstore where the clerk knows your favorite authors, or the recreation center where you can enjoy comraderie and fitness all at the same time.
One of our favorite eating establishments in Ridgefield is Café Svago on Main Street. Owner Tricia Arata has really put down roots in the charming vintage setting at 408 Main Street, right in the heart of town. Whether you stop in early in the morning with the regular coffee crowd, or make a late afternoon visit for some of her delicious gelato, you're sure to be delighted by the taste temptations Trish offers.
It's hard to choose our favorite, but high on the list is Tricias breakfast paninis. This is a huge improvement on the McMuffin genre! Pressed between the yummy panini bread, these bacon or ham taste sensations are a fabulous start to any day. And if you're lucky enough to be in town on the days when grilled chicken corn chowder is on the lunch menu, by all means, indulge!
We're glad Trish is working her culinary magic in our neighborhood. Maybe you'd like to move closer to make Café Svago a new routine in your day! Contact us at any time for local information and advice: Debi Orr & Steve Scott, The HomeVision Group at Keller Williams Realty. Info@HomeVisionGroup.com
16 Sunnyview Drive, Redding, CT - Directions: Sunset Hill to Sunnyview - #16 on right.
$919,000 Stylish and warm, this Greek Revival Farmhouse is designed with simple elegance and extensive windows providing exceptionally comfortable living. You'll enjoy living within walking distance of popular Huntington State Park & conveniently close to schools and shopping. An unusually level acre of privacy surrounds this Redding, CT treasure. The timeless architecture of the Greek Revival style offers symmetrical design, an L-shaped wraparound porch, and a hipped-roof cupola. In the spirit of today's living, the main level features an open living/dining room, a spacious & bright gourmet kitchen with charming farm sink and soapstone countertops, and a gathering room where French doors invite guests to the beautifully private yard accessed from the covered porch. A glorious master suite offers a whirlpool tub with bead board surround. The mud and laundry rooms complete the main level which enjoys an open & airy feeling of soaring ceilings, the result of Douglas-fir vaulting. Upstairs you find three additional bedrooms each with its own unique character and flavor, a lovely hall bath and study, and huge bonus living space over the two-car garage. The cupola with motorized windows provides both ventilation and light. You'll love every square inch of this exceptional home. Country Living Magazine's Home of the Year!
6 Hulda Lane, Ridgefield, CT - Directions: Route 35 to Hulda Lane. #6 on left.
$729,000 If you're looking for a like-new home, this is it! A splash of drama, and great design make this an unusual value. Located in Ridgefield's popular Farmingville district, the privately situated property affords every opportunity for quiet enjoyment throughout the summer months. A spacious deck adjoining the formal dining area is the ideal spot for relaxation. Contemporary styling combines with expansive living space to create a home where everyone will find quality personal space. The formal living room boasts a lovely bay window and stone fireplace. The beautifully appointed kitchen will coax everyone behind the counter to entertain themselves with food preparation. Granite counters, cherry cabinets and stainless appliances create a picture perfect environment for family celebrations. Down the hall is a roomy master suite with sitting room and walk-in closet. Worries melt away in the steam shower. A graceful staircase leads to the surprising upper level with two additional bedrooms. The most amazing hall bath features a claw tub, tiled shower and dual sinks. Spacious and pleasing to kids of any age! Bonus space awaits you in the enormous playroom, beautifully crafted to include a game or computer alcove, walk-in storage closet and hardwood floors. The entertainment continues on the lower level in the second recreation room with a fireplace. Work from home in the thoughtfully appointed office with abundant built-ins, and dual desks. A roomy laundry room is located just off the 2-car garage. Central air keeps everyone comfortable throughout the summer.
October celebrated National Fire Prevention Month. Our sales team had reason to take extra note of this event. One August 1, one of our team members lost her home in a quickly moving electrical fire. One minute they were packing for vacation, the next minute they were on the front lawn watching their home engulfed in smoke. Everyone escaped because they simply left the house as soon as they realized it was on fire.
If you smell smoke: GET OUT! Don't wait an extra moment to collect anything.
This 50,000+ sq ft Estate is sited on 17 private acres outside of Hartford, CT midway between New York City and Boston. An impressive entrance leads to a world of enchantment beginning with the two-story grand lobby with its marble floor and columns accented by dual curved staircases and elevator. The public space includes an elegant dining room with a Baccarat crystal chandelier, spacious formal living room which boasts a wall of glass overlooking a 1 acre Koi pond and the main kitchen which is equipped with professional grade appliances, custom cherry cabinetry and marble countertops. The library, private screening room/theatre and boardroom, perfect as a home base for business operations, add to this home's versatility.
The residential portions of the dwelling are ideal for the extended family wanting to spend time together with distinctly private quarters/wings comprised of 15+ bedroom suites. The terrace level includes entertainment and party facilities unequalled in any private residence with gaming tables, two billiard rooms, indoor swimming pool, handball court, fully equipped Nite Club complete with DJ booth and 20-screen video wall, industrial kitchen, fully furnished professional gym and a recording studio. Outdoors you'll enjoy an exquisite infinity pool with waterfall and grotto built into rock outcroppings with 40 person hot tub as well as a full basketball/tennis court, 2 guest houses and a shooting range. Grounds offer ample room for a heliport. Exclusively offered at $18,500,000.
We said this was the "best buy" and it must have been! Sold in just one week! 88 Stony Hill Road, Ridgefield! Nature Lovers will feel right at home the minute they enter this beautiful property. Bordered by woods and just a stone's throw from hiking trails, the location is convenient to commuter lines, schools and shopping.The spacious living area includes living room with fireplace, dining area with sliders out to large, private deck and kitchen with abundant storage. Downstairs you'll find a surprising amount of living space: family room with a second fireplace, office/den with deep closet storage, and a storage room that would easily expand the existing family room space. A new hall bath offers the luxury of heated tile flooring. This is a real find!!
Contact The HomeVision Group, Keller Williams Realty for a personal showing of this home! 203.438.4066
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
What makes a hometown g*r*e*a*t? Certainly it's a feeling of security, of "being at home," and having an expectation of friendship within the community. It's also having favorite haunts whether it's the diner where you can get a reliably good meal, the bookstore where the clerk knows your favorite authors, or the recreation center where you can enjoy comraderie and fitness all at the same time. 
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