Danbury, CT Real Estate News

By Blessey Foley Team Lucy Blessey and Mary Foley
(William Pitt Sotheby's International Realty)
Will be hiring a bus to tour foreclosures in our area of Fairafield County.(Danbury, Brookfield, Bethel, New Fairfield, etc.)  As of today I eard the interest rate is 4 1/2%.  Could that be true?  The foreclosures seem to be in the 150,000 to 300,000 price range.  Since they announced a $7,500 payment for first time homebuyers, it should be a stimulus to purchase.  I will be waiting.... 
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Many of the first time buyers that I am working with in Danbury are looking for condos. They choose to look at condos because they don't have to worry about maintaining the exterior, typically get more square feet compared to similarly priced single family homes, and get to enjoy community amenities. With a larger supply of units available (currently 126 units under $275,000 per CMLS 3/6/09), there are plenty of units to choose from, so you can be picky on the complex, location in the complex and on the condition of units. In addition to the large supply, historically low interest rates as well as homebuyer tax credit, I would find it hard to resist looking for your first home if you have a stable job & having some funds to put as your down payment. There are many great buys in some of ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Danbury CT Real Estate Located just 80 minutes from New York City, Danbury is a small city which has a population close to 80,000 residents. The attraction of living in Danbury includes world class shopping, ample recreational opportunities including Richter Park, Candlewood Lake & Tarrywille Park, as well as easy access to many metropolitan and major employment centers. There is a wide variety of real estate options ranging from properties on or in communities along Candlewood Lake, luxury condos & townhomes, starter homes, new construction as well as investment opportunities.With home prices averaging 30% lower than lower Fairfield County & affordable property taxes, it is no surprise that Danbury is one of one of the fastest growing cities in the state. Search for real estate in Danb...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Often, I get calls from people saying they went into ‘xyz community' located here, and they want to know more information about it & wonder what it is for sale. To there surprise, there are several units for sale in some of the luxury townhome communities at any given time in Danbury, such as Woodland Hills, Kensington Woods and Arlington Woods. All condo & townhouse communities have restrictions written in to the homeowner's association rules saying what they can and can't do with the exterior. One of those things is about ‘for sale' signs. Almost all of the townhome and condo communities do not allow them because they don't want those units to stand out from the others. Also, they don't want people driving around in the communities without a reason to be there (visiting friends or loo...
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By Lani Sanethong
(Virtual Homes, Inc.)
Danbury CT Foreclosures and Bank Owned Listing Alerts Register to receive Danbury, Connecticut real estate foreclosures (bank-owned) listings. One of our Virtual Homes real estate professionals will contact you and provide: *  A list of existing real estate foreclosure (bank-owned) listings in Danbury, Connecticut *  Email alerts of NEW foreclosure (bank-owned) in the MLS. *  Address and mapping information. Register now to start receiving daily or real-time Danbury, CT foreclosure and bank-owned (REO - real estate owned) listings.  These listings allow the buyer to visit, preview and inspect the property prior to the purchase.  Since the sellers are motivated to sell, foreclosed homes may be the best values in the market.  It is important to know when property is new to the market so  ...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Danbury, Connecticut Real Estate Update December, 2008 Closed home sales in Danbury, Connecticut: Single Family Homes:There were 23 single family home sales closed in Danbury, CT.The average closed real estate sales price for single family homes in Danbury was $317,239.  The median closed real estate sales price was $310,000.On average, these homes sold for 93.5% of their most recent list price.Days on Market averaged 216 days of market time.  This compares with 31 closed sales in December, 2007, with an average closed sales price of $392,391 and a median closed sales price of $325,000. Condos:There were 17 condominium sales closed in Danbury, CT.The average closed real estate sales price for condos in Danbury was $239,561.The median closed sales price was $225,000.On average, these hom...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
A few months ago, my Multiple Listing Service (MLS) has offered a free tool for home buying and selling. It is called listingbook. You need to ask your agent to set you up an account on it. Unlike most other real estate website, data is pulled directly from the Multiple Listing Service's computer every 15 minute. This is important because I have seen other sites where the listing price is inaccurate and even status is not correct (doesn't mention if listings are under deposit, pending or even off the market). The cool thing about listing book is that you see a lot of information .You can see a lot of information which is important to your home purchase, such as: Address Complex or Area Name All of the pictures uploaded for the home on the MLS Room Dimensions Heating Days on the Market T...
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By Lisa Brown-McDonald CT Real Estate Agent, Fairfield & Litchfield County
(The Brokerage of New England)
2008 Year in Review: Danbury townhouse/condo sales by community (partial list)...   Apple Blossom - located minutes from I84 & just a short walk to Candlewood Lake.  Offering convenience & privacy.  32 townhomes in a beautifully landscaped setting.  Check Availability Sold (1) Avg Sale $: 270,750 Avg DOM: 24   Arlington Woods -located in the southern part of Danbury along the Bethel line.Built in 2004, Arlington Woods offers 99 townhomes complete with clubhouse and swimming pool.  Check Availability Sold (5) Avg Sale $: 307,510 Avg DOM: 134   Briar Woods - a community of 80 luxury townhomes located on the west side of Danbury.  Conveniently near exit 2 of I-84, making it an ideal commuting location. Check Availability Sold (5) Avg Sale $: 324,400 Avg DOM: 124   Crystal Bay - luxurious w...
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By Lisa Brown-McDonald CT Real Estate Agent, Fairfield & Litchfield County
(The Brokerage of New England)
Our first big snow storm in December created a beautiful winter wonderland.... See why Danbury is a great place to live, whether it's Danbury Fair Mall, the restaurants, Richter park where the children can go sledding, our community events or just the location. Visit www.lisaANDyou.com  Photos provided by Lisa Brown, REMAX Unlimited
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Candlewood Lake Living & Real Estate See our featured homes along Candlewood Lake & in Candlewood Lake Communties! Candlewood Lake is one of the largest man made lakes in the country, and the largest lake in Connecticut. With other 60 miles of shoreline, Candlewood Lake is located in 5 different towns: Danbury, Brookfield, New Milford, Sherman & New Fairfield. It was created in 1928, after the power company had bought out many farmers and flooded the valley with the main reason  to store water  for a hydroelectric dam. Once completed, much land was bought around the lake and developed into lake communities. Over time, these communities have become a mix of about 75% year round residents and 25% weekend or summer residents. There are many things that surprise people when they are first b...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Danbury, Connecticut Real Estate Update November, 2008 Closed home sales in Danbury, Connecticut: Single Family Homes:There were 17 single family home sales closed in Danbury, CT.The average closed real estate sales price for single family homes in Danbury was $358,596.  The median closed real estate sales price was $345,000.On average, these homes sold for 94.2% of their most recent list price.Days on Market averaged 196 days of market time.  This compares with 20 closed sales in November, 2007, with an average closed sales price of $389,065 and a median closed sales price of $340,950. Condos:There were 15 condominium sales closed in Danbury, CT.The average closed real estate sales price for condos in Danbury was $262,493.The median closed sales price was $256,500.On average, these hom...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
We had a home inspection this morning on a Danbury, Connecticut condo that my clients are buying. We met the inspector outside and chatted for a few moments.  Then we walked into the home... The refrigerator was gone, which was supposed to convey to the buyers.The washer and dryer were missing, which were supposed to convey to the buyers.Alright...maybe it was a mistake and the sellers forgot that these appliances were supposed to stay. So we looked around some more...The wall air conditioner units...all missing.  These were also in the contract as conveying to the buyers...All the curtain rods were ripped out of the walls and big holes were remaining above each window.The kitchen backsplash tiles...gone.  Ripped off the wall.Bathroom mirrors?  Gone. Bathroom mirrors?  Really?  Yup. And...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
According to statistics just released, Danbury CT has the lowest crime rate for all cities in the state over 75,000 people. In addition that, there is lowest unemployment rate, 4.5%. The thing that really matters is Danbury does have the highest amount of AFFORDABLE HOUSING! Take advantage of this great news & invest in Danbury. There are many great buys out there to choose from! Explore homes for sale in Danbury  
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Welcome to Mill Plain & Western Danbury Mill Plain & the western side of Danbury is the newest & one of the fastest growing area of Danbury. if you read below, you will be why it is very popular.. There are plenty of places to do shopping, most notably being the Danbury Fair Mall. Stores and services in the area include Stop & Shop, Trader Joe's, several kitchen cabinet & flooring showrooms, a couple of car dealerships, a few gas stations with auto repair shops, banks, veterinarians, gyms and jewelry stores. You can wine & dine with it's countless restaurants including the Windmill Dinner, Bambino's, Barca, Prespa, Rosy Tomorrow's, Olive Garden, Red Lobster, Molly Darcy's and Pandahouse. Recreational options include Richter Park & Lake Kenosia   Commuting Information- The Mill Plain & W...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
City Center Danbury, CT Real Estate The heart of Danbury. It has experienced some tough times since the opening on the Danbury Fair Mall on the west side of town in 1986, but things have turned around over recent years. There are several cultural and education opportunities with the Danbury Music Center, the Danbury Museum & Historical Society, the train museum ,the midtown campus of WCSU and the Danbury Library. The city has invested millions of dollars in the new police station & expansions of the city hall & courthouse, as well as the upgrades at Elmwood Park. Recreation opportunities include the Danbury Ice Arena, Roger's Park as well as the War Memorial center. There are loads of small shops, restaurants & bakeries found along Main Street. In the summer & fall months, there is a fa...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
  Welcome to the Shelter Rock Area of Danbury CT Shelter Rock is the southeastern area of Danbury along the Bethel line. About half of the area was built for soldiers & their families returning home from World War II. Since the 1980s, much of the remaining land have changed zoning from light industry into multi family developments. The variety of the condo products accommodates a variety of budgets & lifestyles.  The Newtown Road shopping centers are right down the hill from Shelter Rock Road. The area saw the first commercial shopping centers in Danbury. Today, there is a Stop & Shop, Target, Walmart, Home Goods, Marshalls  & Expect Discounts Store among other stores along Newtown Road. Dining options include Friendly’s, Chili's, Bertucci’s, Ichario and Bangkok.  Also, there are a few ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
King Street, Danbury CT Danbury's country living on the northwest end. You find find an eclectic blend of homes set in a commutable country location. The King Street area is set on the rural upper edge , this community offers many attractive things including quiet streets, wooded property and winding country lanes . From the rolling hillside to the large tracts of wooded land , it is a great place to enjoy all of the seasons. Enjoy the fall foliage for a walk through the woods behind the King Street School.  in the King Street Area of Danbury!     Commuting- The King Street area is as close to New York as you are going to find in Danbury. The Southeast New York train station is a 7 minute drive from most of the area. Access to I-684 is through West King/Milltown Road/Route 22. Exit 2 on...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Great Plain, Danbury CT See Homes For Sale in Great Plain The Great Plain area almost completely exists of exclusively single family homes built in the 1950s to the 1970s, with some newer & new construction sprinkled around. Along the western side of the area & north central area, there are some lake & beach communities along Candlewood Lake including Pleasant Acres, Aqua Vista & Snug Harbor. You will typically find homes on small quiet streets with level lots generally ranging from .25 to 1 acre. The Taylor Farm is also located here, which the city recently purchased the development rights for. In addition, there are also some older homes found along Great Plain Road.  View Available Homes in the Great Plain Area   Jonathan Hall - (203)796-7700 | call or text me (203)417-0523 danburyre...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Hayestown, Danbury CT Check Availabilty on Homes For Sale in Hayestown Hayestown describes the area found north of Danbury Hospital along Tamarack Ave, Hayestown Rd, East Hayestown Road ,East Pembroke Rd and south of the Danbury Town Park. Residents appreciate the almost straight shot to the interstate & shopping. Roughly half of the development is 1950s & 1960s homes in the side streets & large condominium complexes (link to blog) such as Arrowood, Poet's Landing, Crystal Bay, Park Ridge, Barclay Commons & Apple Blossom. Places of interest include Koo, the Danbury PAL center, Hatters Park & Duckpin Bowling Alley. View Available Homes! Jonathan Hall - (203)796-7700 | call or text me (203)417-0523 danburyrealestate@gmail.comwww.danburycthomes.com | www.danbury-condos.com Realtor | Sales ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Stadley Rough is one of the more popular neighborhoods of Danbury. The area not only offers water communities along Candlewood Lake (Pocono Point, Hawthorne Terrace, Hawthorne Cover, Cedar Heights, Cedar Terrace, Pocono Point & Driftwood) but newly constructed single family homes, mid century homes as well as affordable luxury condos set back from the road away from the single family homes (Sterling Woods, Lexington Mews and Shepherd Hill). There is great access to the big box shopping found along Federal Road, the Riverview & Berkshire Industrial Park as well as Route 7 North & South. 3 minutes to exit 7 on I-84. Stadley Rough is also hope to a boat launch on Candlewood Lake at Lattins Cove.   View Available Listings in Stadley Rough! Jonathan Hall - (203)796-7700 | call or text me (20...
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