Yes, There are regular sellers in the Danbury,CT Area

By
Real Estate Agent with William Pitt Sotheby's International Realty CT RES.0783448


Contrary to the national media, there are plenty of ‘normal sellers’, which are not short sales or foreclosures,  in the Danbury and Candlewood lake.

Here are current stats for homes on the market

Town Single Family Condo Multifamily
Danbury 31/315 (9.8%) 46/262 (17.5%) 8/48 (16.6%)
Brookfield 11/123 (8.9%) 4/38  (10.5%) 0 /1
Bethel 12/111 (10.8%) 2/22 (9.1%) 1/6  (16.6%)
New Fairfield 21/135 (15.5%) 0/4 0/2
New Milford 26/268 (9.7%) 6/78 (7.7%) 1/13 (7.6%)
Newtown 23/240 (9.6%) 1/12 (8.3%) 0/1

.Information per CMLS 4/27/2011

Across the board, only about 9.5% of properties in the Danbury area are distress sales. This means there are some opportunities for investors, yet most buyers will be working with ‘regular’ home owners. Seller also need to keep in mind that their home may be competing against sellers that ‘have to sell’.




Posted by

Jonathan Hall-Realtor Serving Greater Danbury & Candlewood Lake with William Pitt Sotheby's International Realty
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This information is provided by Jonathan Hall,Realtor  with William Pitt Sotheby's International Realty in the Greater Danbury & Candlewood Region of CT. For additional information, please call him at 203-417-0523,203-796-7700X305 or email me at danburyrealestate@gmail.com . Unless indicated, all content is the property of Jonathan Hall. If you would like to use any of this information, please contact me for permission. He is a licensed CT Salesperson License #RES.0783448 with William Pitt Real Estate LLC License # REB.0751698. His office is located at 112 Federal Road,Danbury CT 06811.

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Rainmaker
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Sonja Patterson
Keller Williams - BV - College Station, TX
Texas Monthly 5-Star Realtor Recipient for the Hou

Jonathan, I think a lot of buyers are looking for a "steal of a deal".  You can't offer foreclosure-type contract prices on well-maintained "regular" homes!

Apr 27, 2011 08:01 AM #1
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Rainmaker
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Jonathan Hall

Realtor - Danbury,CT Area Real Estate~203-417-0523
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