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Real Estate News from Popular Connecticut Counties

By Minna Reid, Team Lead - Reid Real Estate Group
(Keller Williams Greater Hartford)
Comments 1
After running side by side at equal rates 2012-2013,  the rates of REO (bank-owned) sales and short sales have split off in wildly different directions in Norwalk, Connecticut:Although Norwalk has the second highest amount of short sales in all of Fairfield County, the rate of short sales as a po...
By Minna Reid, Team Lead - Reid Real Estate Group
(Keller Williams Greater Hartford)
Comments 0
All too often I speak with homeowners who at some point decided the best way to deal with their over-leveraged real estate was to rent it out. Renting at a loss to maintain a property that can't be sold traditionally rarely works out well, and it is usually within a few years these same homeowner...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 15
The US Department of Defense is making Changes To The Military Lending Act (MILA) On October 3rd.  These changes will require Lenders to be more responsible in identify active military service members and/or their dependents who are covered by the MILA.On October 3rd Loan Originators will be requ...
By Minna Reid, Team Lead - Reid Real Estate Group
(Keller Williams Greater Hartford)
Comments 0
2007 saw the highest average sales prices of single family homes in Connecticut in the last decade. The average sales price of a home in CT in 2007 was $268,000. The market collapsed thereafter with sharp declines over the next four years to $220,000 in 2011.  The market has mostly flat-lined sin...
By Minna Reid, Team Lead - Reid Real Estate Group
(Keller Williams Greater Hartford)
Comments 0
Distressed real estate sales (REO (bank-owned) sales or short sales) in Danbury, Connecticut  have dropped to 16% of all sales year-to-date 2016, down from 20% in 2015. The level of short sales have remained mostly unchanged over the past two years while foreclosures have dropped a bit more:In 20...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 5
“If Debt Ratios are Tight, it is a Good Idea to Check before You Look”   This client made the mistake a few years ago. He didn’t check with me to make sure that the numbers worked and they didn’t. Originally we were looking at a home where the property taxes were $4200, but the offer was not acce...
By John Anello, Stamford Area Electrician, Call Safe and Sound Electric at 203-536-0021
(Safe and Sound Electric LLC)
Comments 3
A Tesla is a fully electric car manufactured by Tesla Motors. There are different models, including the Tesla Roadster, the first highway-capable all-electric vehicle in mass production for sale in the United States, and the Tesla Model X, a full-size crossover SUV with seating for up to 7 adults...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 4
 The Buttonwood Tree in Middletown, CT  is well known for the many diverse events they host each and every month.  This month the Buttonwood Tree has been showcasing the artwork of Artist Lindsay Behrens.  If you have not seen Lindsay Behrens' art before, there is still time to do so for a few m...
By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Comments 2
43 Open House in Darien Today ~ September 25th, 2016.Out of the 211 single family homes for sale on the Darien MLS 43 of them will be having an open house today Sunday September 25, 2016.The viewing times tend to range from 10:30 am to 5:00 with the majority of them being between 1:00 to 3:00. Op...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 12
 The Estuary Council of Seniors is hosting their Shoreline Chefs Event At Water's Edge Resort & Spa On Sept 25th. from 3:00 p.m. to 6:00 p.m.  All funds raise go to support Meals on Wheels which is a very important meals program for senior citizens.Shoreline Chefs Event At Water's Edge Resort & S...
By Ed Silva, Central CT Real Estate Broker Serving all equally
(RE/MAX Professionals, CT 203-206-0754)
Comments 2
Market Statistics for Southington CT August 2016   Search for Homes in Southington CT Currently in Southington CT there are 237 active residential listings for sale, with 42 new listings being added in August. The homes for sale in Southington CT range from a 1,072 square ft, 2-bedroom mobile hom...
By Olga Simoncelli, Broker-Owner, RE Consultant, Licensed in CT & NY
(Veritas Prime, LLC)
Comments 4
BOOK AND MOVIE LOVERS - HUGE SALE AT THENEW FAIRFIELD, CT LIBRARYWho doesn’t love a good book, especially when it’s at a great price and the purchase will help your local library? Come out to New Fairfield’s Library this weekend and Monday to get your book and DVD bargains. The Friends of the Lib...
By Marvin Beninson, Grtr Danbury/Ridgefield, CT + Grtr Orlando. FL.
(Keller Williams Realty)
Comments 2
You are cordially invited to a Public Open House at: 49 Riverwalk Branford, CTSunday 9/25/16 2-4 PMOffered at $420,000 49 Riverwalk has numerous upgerades including one of the most private lots, hardwood floors throughout, a cozy gas fireplace, trex deck, a two car garage, epoxy garage floor and ...
By Ed Silva, Central CT Real Estate Broker Serving all equally
(RE/MAX Professionals, CT 203-206-0754)
Comments 9
After 50 years of a happy life, it was time for these sellers to put the house on the market to move to a retirement home. The only real estate agent they had every worked with was Ed Silva of RE/Max Professionals.  They were understandably nervous and had a lot of questions regarding the listing...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 7
  The University of Connecticut is offering members of the Middlesex County Chamber of Commerce who are UCONN Football fans special discounts on season tickets.  The season has already started but ticket discounts are still worth checking into.  There is a home game this Saturday so do not waste ...
By Pat & Wayne Harriman, Broker/Owners, Wallingford CT Real Estate
(Harriman Real Estate, LLC (203) 672-4499)
Comments 4
The 30th Annual Celebrate Wallingford Festival is scheduled for kick off the weekend of October 1st and 2nd, and the time is rapidly approaching! Prepare yourself for two fantastic days of activities, displays, food tasting, crafting, contests, and entertainment, all set in the beautiful uptown a...
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Comments 0
 Whenever there is talk about the improving CT housing market, some begin to show concern that we may be headed toward another housing bubble that will be followed by a crash similar to the one we saw last decade.Here are five data points that show the CT housing market will continue to recover, ...
By Joe Petrowsky, Your Mortgage Consultant for Life
(Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709)
Comments 2
   “Always Great to Get Accolades from My Realtor Partners”    Good afternoon Joe, I just want to say thank you to you and your crew for the last couple of transactions that we closed. It's been a busy summer both for work and play and sometimes I let a little bit too much time pass before acknow...
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut)
Comments 10
  Last year was a Very Special Durham Fair for me.  Last year I got to take my first grandchild, the gorgeous Elizabeth to her 2nd Durham Fair.  The first Durham, CT Fair I took Elizabeth to she was only 11 weeks old, and last year she was 1 year and 3 months and very active as you will see from ...
By Minna Reid, Team Lead - Reid Real Estate Group
(Keller Williams Greater Hartford)
Comments 0
With Fairfield County, CT real estate sales prices hovering at ten year lows in 2016, it's no surprise many homeowners are still struggling with negative equity. When these owners need to sell and are unable to cover the loss, a short sale is one of their best options.  In a short sale the home i...

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