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Danbury, CT Real Estate News

By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Danbury, CT is a very interesting place when it comes to real estate. In the past, I have had clients request to only tour homes serviced with public water and public sewer.  Even with their fairly good sized budget, it severally limited the number of homes available that we could look at. They also told me which parts of town they would like or not want to be as well.Generally speaking, please consider the following:-All townhome/condos in Danbury are required to be serviced by public water & sewer.-Almost all properties in city center will be serviced by public water & sewer.-Almost all homes up by Richter Golf Course will be serviced by private septic & well.-Almost all homes over by Candlewood Lake will be serviced by private septic & well. There are some communities which have priv...
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By Deborah Laemmerhirt - REALTOR® Brookfield,Newtown,Roxbury,Bridgewater,Washington,Sherman, Luxury Homes,WaterFront,Equestrian,NewConstruction
(Keller Williams Luxury Homes International)
www.DebSellsCT.com - Any real estate agent in the area will tell you that there are typically more Danbury CT homes for sale than there are buyers. This means that if you want to sell your home in this tough market, you need every advantage possible.  In some cases there is nothing you can do to change a home's features and its location is obviously fixed. However, many Danbury CT homes languish on the market because they do not show well to prospective buyers and because homeowners neglect some very basic tips and tricks for getting them sold. As an example, any Danbury CT homes that need repairs or updates will be much less desirable than those that are in good repair and that have new appliances and fixtures. Think of it from a buyer's perspective; if they can choose between two home...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Believe me, it is no fun for me to sell sellers that their property needs to reduced. if no one is looking at your home or if there are homes with more features in a similar location, and you need to sell your home, you need to drop your price. No amount of marketing can account for a product that is being sold above market value.The price would appeal to new buyers and show them at your are serious about selling your home. I do not take joy selling that your largest investment is not worth how much we thought it was a few weeks ago. I work hard studying what is on the market, what is selling and what is sold.  It is my job to inform you of market conditions and activity. If your price is above market value, your home will help sell other peoples homes and you will be tailgating the mar...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
I am hosting an open house at 20 East Pembroke Road Unit #41 in Danbury on Sunday June 12,2011 from 1-3 PM. Great condition end unit in desired Arrowood community, near Candlewood Lake, I-84 and shopping. Many updates which include new kitchen with tile backslash, luxury bathroom with floor to ceiling tile, large master suite with double closets & dressing area and more. Freshly painted, new lighting, new floors and updated applicances. Private deck faces woods. Nothing has been overlooked. All this in a sought after Danbury condo community in private setting with inground pool.  The condo is being offered at $159,000. See the condo.For additional information on this listing, call or text me at 203-417-0523.
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
When you are about 30-45 days out from renting a condo, townhome or house please contact me if you need to rent for a year.  In my experience, this is how renting works 1) Get together to discuss your requirements & needs. If your requirements are not reasonable,  I will have to refer you to alternative sources.I will also explain a buyer’s agency agreement to you.2)Fill out a request for a credit check. Owners require it anyway, and if you want a place to rent, you wouldn’t have to wait around for the report to come back. The report is not property specific. If  your credit score is a below a certain number, owners might not be willing to take you. The form asks for employment information,salary,previous address and other items.3) I will email you properties matching your needs as well...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
What is included in an offer? When you decide to made an offer on a home, there is a lot of information that is included on the form.  Home buyers need to know what they are getting themselves into to protect their interest. Items on the offer to purchase include: -Purchase Price: This is  a self explanatory item. It is how much that you would like to pay for the home.-Including the following items: This references to any fixtures that you would like to come with the house, such as a stove, dishwasher, window treatments, washer, dryer, and anything else that you want within reason. -Earnest Deposit:This is a check, for typically 1% of the purchase price.  It is part of your down payment, and is only deposited when you & the seller come to terms. Once we get through the building inspecti...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
In order for me to sell your home, I needed a listing agreement filled out as well as some property disclosures forms. For some reason or another, people think I will show you homes without any paperwork or since it's my job to show anybody homes. It is my job to show homes to ready,willing and able qualified buyers or renters. I will not show you homes to either buy or rent show you homes to purchase or rent without a buying agency agreement. CT is a buyer agency state, that means buyers are entitled to representation as much as sellers have historically been. Buyers agency has been in effect in CT since 1996.  We will need an agreement to be filled out in writing.This agreement gives spells out certain responsibilities to you. They include, obedience, loyalty, disclosures, confidentia...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
What is a competitive market analysis? When I am invited to meet with a seller to discuss the sale of their property , I prepare a competitive market analysis, or CMA.  I try to match your home to similar homes in similar areas that offer the same size & condition. There are three elements that play into the CMA:-Actives: These are homes that are currently on the market. These are homes that buyers looking at your home are mostly likely going to look at in the course of house hunting.  Buyers are looking online, and if your home is above the price of homes that offer similar features & location, they are -Pending: Pending homes are homes that do have accepted offers, gone through the building inspection, and have contracts signed with the attorneys.  They are going to be closing fairly ...
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By Ray Poppe CT,Danbury,Brookfield,Ridgefield,Newtown,New Milford,Bethel, Coldwell Banker International Presidents Circle
(Coldwell Banker Residential Brokerage)
ARE YOU THINKING OF BUYING OR SELLING? Well What Are You Waiting For? Tomorrow May Be Too Late!! The Obama administration and the Republicans are proposing Mortgage Reform.  This reform would eliminate Fannie Mae & Freddie Mac, the two government sponsored enterprises that control half of the nation's $11 billion mortgage market.  Over the past 2 years the government has been involved in over 90% of all mortgages.  The plan calls for the implementation of a system that would use private backed capital instead of Taxpayer's money.  The plan is to be implemented over the next 5 years and we are already seeing changes.   So how will this potentially affect you as a Buyer or Seller?  •  MORTGAGE RATES There will most likely be a limited supply of money in a Private Backed Mortgage System.  ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Open House You are invited to tour this well updated condo in the Candlewood Lake area in Danbury. Complete with a new kitchen & bath, this unit is sure to please buyers seeking a ‘picture perfect’ condo at a great price. All applicances are included in the sale.  There is den/office with large closet & wood burning fireplace that is 0pen to the rest of the living area. Enjoy bbq’s on  your deck facing the woods.  Large bedroom offers double closets & dressing area. New lighting, paint & floors! Invest in your future and stop paying rent. Key Facts-Built in 1984-950 Square Feet-HOA fees of $191 a month includes water & sewer-All appliances and almost new flat screen TV included in purchase-Offered at $159,000The open house is being held on Sunday, May 8 2011 from 1-3 PM. Hope to see you...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
What is available to buy in popular Danbury condo communities? I am often asked for information on what is available to buy in some of the townhome communities in Danbury,CT. This information should give you an idea of what the prices are. To see further information about any of these Danbury condos, click on the link on each community Community # of Units For Sale Average Days Average Price Rivington $403,441 80 days 9 Woodland Hills $374,800 71 days 14 Timber Oaks $370,645 110 days 11 Lake Place $338,633 133 days 6 Lexington Mews/Lexington Court $336,237 177 days 8 Kensington Woods $314,448 60 days 8 Sterling Woods $304,420 101 days 19 Barclay Commons $264,075 100 days 4 Westwood Village $212,674 93 days 14 If you are interested in purchasing or selling a townhome in the Danbury area,...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
I do not specialize on condo rentals. Honestly, not a lot of the higher end communities in the Danbury and the Candlewood Lake area of CT, such as Woodland Hills,Sterling Woods & and Sullivan Farms have places available. A majority of the condo communities have policies limiting the number of units that can be rented.There are no ‘waiting lists’ for apartments. Owners often list their available  unit to rent typically 30-45 days out from when the current tenant leaves (depending on the terms of the lease).  I do rentals as a courtesy for people that are going to be in town for a 1-2 year assignment then relocating, people that sold their home and want to buy something but haven’t found a new home yet, or people that want to save up funds for their first home. I have no problem marketing...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
I recently showed a buyer a property that was being marketed on the MLS as a two bedroom property. They need a true two bedroom property since they often have overnight guests & also want to use the space to where in peace & quiet since they are on the phone  a lot for their job. Needless to say, we were very disappointed after touring a condo this week. When we got upstairs of the unit, we got the a loft area & then had a door the master bedroom. I don’t know what the other agent was thinking, since the loft area was open, had no closet & didn’t have a window. I understand that more people are looking for a two bedroom property than a one, but I have the feeling my clients weren’t the first ones looking for a ‘true’ two bedroom place.The listing only had one picture, which is a whole d...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
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 4/27/2011Across 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 competi...
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By Dave Stegmeir
(Stegmeir Photography)
@font-face { font-family: "ＭＳ 明朝"; }@font-face { font-family: "ＭＳ 明朝"; }@font-face { font-family: "Cambria"; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: Cambria; }a:link, span.MsoHyperlink { color: blue; text-decoration: underline; }a:visited, span.MsoHyperlinkFollowed { color: purple; text-decoration: underline; }.MsoChpDefault { font-family: Cambria; }div.WordSection1 { page: WordSection1; } Everyone knows the state of our economy.  As gas prices steadily increase and inflation begins to rear its ugly head, we have all had to re-think our strategies and, re-define our priorities.  The real estate market has been in a sustained downturn.  Properties have lost value and millions have lost their homes to foreclosure.  Still, there a...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Danbury, Connecticut Real Estate For Rent ***   RENTED   ***   JULY 2011   *** 73 Boulevard Drive, Unit 13Danbury, CT  $2,100 per month Wonderful Lake Place WestSited on Lake Kenosia!   Gorgeous Updated Townhome  Luxury awaits the new owner! 3 Bedrooms 3 Full Baths Lower Level Recreation/Game Room with Storage Huge, Huge, Huge Closets Attached Two-Car Garage Private Back Patio Community Beach Access, Pool and Tennis Convenient west-side location     Don't miss out on this wonderful Danbury home in move-in condition.   Don Fabrizio-GarciaFab Real Estatedon@FabRealEstate.com www.FabRealEstate.com Danbury, Connecticut Real Estate    
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By Dave Stegmeir
(Stegmeir Photography)
@font-face { font-family: "Arial"; }@font-face { font-family: "ＭＳ 明朝"; }@font-face { font-family: "ＭＳ 明朝"; }@font-face { font-family: "Cambria"; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: Cambria; }a:link, span.MsoHyperlink { color: blue; text-decoration: underline; }a:visited, span.MsoHyperlinkFollowed { color: purple; text-decoration: underline; }.MsoChpDefault { font-family: Cambria; }div.WordSection1 { page: WordSection1; } Another Impressive Technology Launch by RTV! Posted: 31 Mar 2011 09:14 AM PDT Connecticut Virtual Tours and RTV virtual tour software announce another impressive technology launch.  Connecticut Virtual Tours is pleased to offer all of our Connecticut Real Estate professionals, who utilize our professional p...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
The old adage, location or house still plays in works in Danbury. Almost all of my clients are looking to move no further than exit 3 on I-84 because they think it is too ‘far’ to going toward exit 5 or 7. However, for most of their property needs simply because either the type of home they want isn’t built on that side of town or the price would be too high. It is your decision on where you want to live.  Commuting on a few more minutes into town isn’t going make much more of an impact if you are already looking to commute 45 minutes anyway back & forth from the west side of Danbury. You would get more housing options to choose from, and might be able to save money on your housing cost. I can understand if you feel that another few minutes are going to ‘kill you’. Nobody likes to have...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
There has been a lot of new store and restaurants annoucments/openings over the last 6 months. -Cheesecake Factory is going to the mall, in some of the former Filene’s space -Bistro Grille is going to the mall, also in the former Filene’s space. -Dick’s Sporting Goods opened at the mall, in the former Filene’s space. -Forever 21 opened at the mall, in the former Filene’s space. -Whole Foods is going to be opening in about 16 months at the old Marcus Dairy site. -Sonic is going to be opening soon next to Expect Discounts on Newtown Road. -Pepe’s Pizza opened on Federal Road, across for the former Grand Prix motors. -Nardelli’s Deli opened on Newtown Road in the Expect Discounts shopping center. -Buffalo Wild Wings opened on Backus Avenue, across from the mall. -Chuckie Cheese opened on B...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Five Star Professional has named Jonathan Hall, of William Pitt Sotheby’s International Realty, as one of the Connecticut recipients of the 2011 Five Star Real Estate Agent award. The award winners appeared in a special section in the March issue of CONNECTICUT Magazine. Five Star Professional partnered with CONNECTICUT Magazine to conduct research to identify a select group of real estate agents who are exceptional in both their ability and their commitment to overall satisfaction. Fewer than six percent of the 17,500 Connecticut area residents holding real estate licenses were selected. A survey was provided to all Connecticut area residents who purchased a home over $150,000 within a 36-month period (October 2007 to October 2010), 25,000 subscribers of CONNECTICUT Magazine and 250 mo...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
If you want your home to be shown, make it sure that it can be shown. - Allow for showings with reasonable notice, about 1.5-2 hours - Turn off your alarm before you put your home on the market, if you have one.  Sometimes we accidently set off an alarm or forget to re-arm when leaving, despite our best intentions  - If you have a lockbox on your house, make sure it is in a spot where it can be found. - In the lockbox, make sure you have all the keys to open the house. If possible, try to label them. - If you have a dog, keep him/her in a cage or out for walk. Dogs scare buyers and children of buyers. - During the winter, make sure there is a place to park and have a path cleared to where the lockbox is. -Most importantly, leave your home when buyers come. It can be uncomfortable. They ...
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