fairfield real estate: The Public needs to be heard - 03/03/09 01:51 AM
March 2, 2009 
The Public needs to be heard!
It's Budget season and Fairfield like every local municipality is going through our version of the Budget Approval process.  I sometimes hear from friends and neighbors that they feel left out of the process or that nobody cares about their thoughts and concerns.  Speaking as an elected official, nothing could be further from the truth.  We want and need to hear from the public.  Let's take a look at the different ways to provide feedback to the Town of Fairfield's Paid and Volunteer Officials.
Email or Write Letters. Go to the web … (0 comments)

fairfield real estate: It's Budget Time in Fairfield! - 02/23/09 12:45 AM
It is one of the Rites of Spring. First Baseball starts with "Pitchers and Catchers Report".  The NCAA Basketball programs call it "March Madness".  But in this part of the country for Fairfield and the surrounding towns it is called Budget Season.  Each town based on size and Town Charter may follow a slightly different process but somewhere between now and roughly May 15th, Expenses are scrutinized & Revenues are estimated by the Board of Selectman and the Board of Finance.  Then at the Annual Budget Meeting of the RTM, the Expenses are approved. Next it goes back to the Board of … (0 comments)

fairfield real estate: New Haven Register file for Bankruptcy Protection! - 02/22/09 12:33 AM
For all the good things that happen with technology, there are some shifts in old technology that are replaced by a new wave. In the case of newspapers, they withstood the wave of Television but the Internet is proving a tough task to handle.....it begs the question - who will do the investigative reporting made famous by Watergate, the Clinton scandals and more recently the Steroid scandals in Baseball?
Here is the latest on the New Haven Register and their parent company....the New Haven Register's parent - the Journal Register - filed for banckruptcy protection this weekend.
The Journal Register follows … (0 comments)

fairfield real estate: Tax Credit Update - 02/05/09 08:00 AM
February 5, 2009
Tax Credit Update
The Senate last night passed an expansion of the tax credit proposal.   The proposal would be available to all purchasers (not just first-time homebuyers).  NAR was instrumental in getting this provision passed by the Senate.  The key elements are:
•·        A tax credit in the amount of $15,000 or 10 percent of the purchase price (whichever is less), with the option to utilize all in one year or spread out over two years
•·        The tax credit is available to all purchases of any home from date of enactment for one full year.
•·        Able … (0 comments)

fairfield real estate: High School Economics Class - 01/07/09 08:39 AM

I had the chance to speak at a Fairfield Warde High School Economics Class today.  It was a thoroughly enjoyable experience.  The students in the class had emailed their questions on Real Estate and Real Estate Investments prior to the class. They were wide ranging and the answers provided a good overview of Real Estate. 
Here are the three questions that I used to start the discussion.  I was impressed with how closely they followed the presentation.  I also think it is very good on the part of their teacher that he had to vision to provide this type … (0 comments)

fairfield real estate: Fairfield and the Budget Crunch - 01/05/09 04:19 AM
January 5, 2009
The Town of Fairfield and the Budget Crunch
The economy is finally hitting home.  Fairfield, as well as most neighboring towns, is faced with a Budget Crunch.  Revenues this year could fall as much as $3 Million short of the Budget.  There are four main reasons for the shortfall.
Tax Revenue - The slowing economy has also slowed collections.  So rather than collecting the stellar 99% or better as past years, tax revenue is falling short.  This estimated shortfall is based on collection performance for the October Quarterly payments.  It will be important to follow the January and … (0 comments)

fairfield real estate: Fairfield and where to Play Golf - 01/04/09 07:05 AM

I often get asked where to play golf....Here is a list of courses that I have had a chance to play in the local area.  They are all Public.  Most are close by.  I have also included two web sites to check other courses in Connecticut for the more adventuresome.  May all your shots be long and straight!
Public Golf Courses
Smith Richardson - Fairfield
South Pine Creek - Par 3 - Fairfield
Fairfield Wheeler - Bridgeport (Fairfield)
Whitney Farms - Monroe
Great River - Milford
Grassy Hill - Orange
Orange Hills - Orange
Tashua Knolls - Trumbull
Longshore - … (0 comments)

fairfield real estate: Fairfield and Newport, RI - 01/02/09 07:02 AM
Happy New Year -
Fairfield has a great location.  We generally measure that greatness in how close we are to the major business center of New York City.  However, let's not only look to the West.  Newport, RI is just 110 miles or approximately two hours away. And that convenience can really pay off....
It was the day before New Year's Eve and not a plan to be had.....
A thought came to mind and a twinkle to the eye...it was off to Newport to ring in the New Year.  A minor snow storm slowed traffic just a bit but we … (0 comments)

fairfield real estate: Fairfield and Golf in the Winter - Part 2 - 12/30/08 02:35 AM
Golf - Rain or Shine or Snow
Don't trust computers?  Want to see that golf ball fly through the air?  Here is the solution.  The Sports Center of Connecticut.  With 60 practice tees that are heated and weather protected, you can swing your clubs 365 days a year even in the snow. They used to say they were closed on Christmas - I guess now they are open. 
This Driving Range is part of a complete sports complex with Mini Golf, Batting Cage, Laser Tag, Ice Skating, Hockey Rink and more.  The Driving Range comes with a practice putting surface, Pro … (0 comments)

fairfield real estate: Fairfield and Golf in the Winter - 12/28/08 11:13 PM
Golf Opportunity!
Sunday was in the 60's but you sure can't count on that for the next few months.  It's a new year soon and somewhere in that list of resolutions will be "improve my golf game".  How is that going to happen at this time of year?
If you love golf or just want to get a jump on your golf buddies, check out the Golf Training Center in Norwalk.  It is a great way to keep the swing in shape over the winter.  You can work on just about every aspect of your game from putting to sand traps … (0 comments)

fairfield real estate: Fairfield Homes Sales Update - November 2008 - 12/06/08 06:34 AM
Fairfield Single Family Home Sales
As of November 30, 2008
As we look at the YTD data in the Greater Fairfield County MLS, we see the similar trend continuing.  The Good News is that we have been reasonably stable most of the year running between 30-40% behind last year in the number of homes sold.  After 11 months, we are down 33%. 
Are there any silver linings?  Yes.  We have Average Selling Prices down only 13%.  So if you purchased your home prior to 2005, you still will most likely get more than you paid.  However, if you bought your … (0 comments)

fairfield real estate: Homes for Sale in Fairfield - 12/03/08 08:55 AM
Homes for Sale in Fairfield
As of the first week in December, there are 395 Single Family homes for sale in Fairfield.  This listing data comes directly from the Greater Fairfield MLS.  The average asking price for the homes is $1,231,104.  However, they are not all luxury homes.  There are 48 homes that list for under $400,000.  On the other hand, twenty list for over $3 Million.  The most expensive listing is on for $17,500,000 and is located in Southport at 385 Harbor Road. 
So while we tend to hear about more expensive homes on the market, there are certainly plenty … (0 comments)

fairfield real estate: Fairfield Style - 12/02/08 03:45 AM
Home Styles in Fairfield
Based on sales through the first eleven months of 2008, Colonials are by far the most popular home style. This style represents 51% of the homes sold this year according to data provided by the Greater Fairfield County MLS.  Capes were the second most popular style with 20% of the sales.  Ranch Style homes came in third with 10% of the sales.
It falls off quickly from there with Split Level homes accounting for 5% of the sales.  Farmhouse style homes come in at 3% of the homes sold. And, Raised Ranches coming in at 2% of … (0 comments)

fairfield real estate: Town of Fairfield - Christmas Tree Lighting - 11/29/08 04:06 AM
The Christmas season has officially started.  The Town of Fairfield joins in the spirit of the season starting with the official Town Christmas Tree Lighting on Friday December 5th.  Stop by to enjoy the first lights of the season.  The Tree is located on Town Hall Green on the corner of Beach Road and the Old Post Road. The Lighting ceremony is scheduled for 7PM.  The Choir will start the singing of Carols at 6:15PM.
After, don't miss the Open House at the Fairfield Museum which includes the 3rd Annual Holiday Express Train Show and exhibit starting at 6PM.  So join … (0 comments)

fairfield real estate: Time to Re-Evaluate? Maybe not... - 11/28/08 07:57 AM
Fairfield Maintains Reassessment Timetable
The Town of Fairfield has decided not to change the timing of the townwide Tax Reassessment.  The Board of Selectmen considered changing the timetable. State law allows towns to reassess property values every four or five years.  This Board briefly considered moving up the reassessment to four years. 
The concept of Reassessment is sometimes not clearly understood.  The Town Reassessment is for one purpose only: To determine each property owners share of the overall tax the Town charges. The Town hires an Appraisal Company to determine "Fair Market Value" for each property.  By State Law, this number is then … (0 comments)

fairfield real estate: Ludlowe Wins 10-8! - 11/27/08 04:13 AM
Ludlowe emerges victorious over Warde on last second field goal
Wow, what an exciting Thanksgiving Classic.  Both teams came ready to play.  Ludlowe scored first and lead 7-0 for most of the game.  Warde finally broke into the scoring column with just over six minutes to go in the game.  Their touchdown made it 7-6 and then rather than taking the safe route they gambled and went for a two point conversion.  Warde made it to take an 8-7 lead.  Things were looking gloomy for Ludlowe but with the help of a couple of penalties they moved the ball down to the … (0 comments)

fairfield real estate: Fairfield Ludlowe vs. Fairfield Warde - 11/26/08 06:10 AM
OK, here is the last reminder....
Ludlowe Falcons take on their cross town rivals the Warde Mustangs at the Tetreau Davis Field on the Warde High School campus. Kick off is 10:30am. Both teams have three victories so far this season so it should be an evenly matched game. 
Weather Report says highs in the mid 40's, clouds giving way to sun and a 10 MPH wind....so all in all, a great day for football before heading home to warm up on Turkey and all the fixin's.
See you at the game, Mike
PS Happy Thanksgiving!
 
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fairfield real estate: Annual Turkey Day Classic - 11/25/08 07:29 AM
Ludlowe vs Warde - Rivalry at its Best!
Get Ready the kick off is 10:30AM on Thanksgiving morning.  Friends, Family, Alumni from all over town will be watching which team takes home the smiles and the bragging rights!  I hear there is even a trophy these days. The game is being played at Tetreau-Davis Field on the Warde High School campus.
In days gone by, this game would command crowds of 8,000 or more.  Interest waned for a few years but it is coming back. The town is back to having two high schools.  The juices of the rivalry are starting to … (0 comments)

fairfield real estate: Real Estate Predictions - 11/24/08 03:22 AM
How far can you see into the future?
Or who is going to win the national election?
In the old days long before the internet and daily polling, we used to have these old sayings or guidelines or "predictors" for National Presidential elections. One example is: As Maine goes, so goes the Nation.  In other words, once you knew the voting outcome in Maine that predicted who would win the entire election for President.
So it is in that spirit that I bring you this little nugget.  In 9 out of the last 10 years for the town of Fairfield, the … (0 comments)

fairfield real estate: Best Value in Fairfield - 11/22/08 12:28 AM
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Mike Tetreau, ABR, CRS, GRI,  Sales Vice President (William Raveis Real Estate - Fairfield, CT)

Mike Tetreau

ABR, CRS, GRI, Sales Vice President

Fairfield, CT

More about me…

William Raveis Real Estate - Fairfield, CT

Address: William Raveis Real Estate, 2525 Post Road, Southport, CT, 06890

Office: (203) 255-6841

Mobile: (203) 520-8318

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