New Haven County, CT Real Estate News

By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Home’s Value July 2022Waterbury CT is the second largest town in New Haven County with a population of app115,000. It is 33 miles southwest of Hartford, 25 miles north of New Haven and 77 miles northwest of New York City. The larger factories that once dominated the Connecticut manufacturing economy are no longer in Waterbury, essentially changing form the brass meals they used for raw materials and converting to cheaper and lighter aluminum or plastic. Currently in Waterbury CT there are 118 active residential listings for sale, with 56 new listings being added in July. The homes for sale in Waterbury CT range from a 1,024 square ft, 2-bedroom townhouse style row house listed at $40,000 to a 3,630 square ft, 4-bedroom  ranch listed at $749,000. These listings are...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Mother Nature Appreciates it as WellFor all the Friday nights in July we have been attending the Hartford Symphony Orchestra's summer concert series, Talcott Mountain Music Festival under the stars in Simsbury.This year there were no postponed concerts due to rain, which in one way is good, but we do need the rain.The theme of the last evening was the Queens of Soul which showcased songs from some great singers past and present. There were 3 singers that each added their flavor to the songs that were presented.Early into the evening, while still light, one of the singers started to sing the Etta James Classic, 'At Last'.With no moisture in the air, there was a flash of a rainbow right over the shell as even the heavens appreciated the series and the song.It was a fine rendition and a wo...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags in Waterbury CT Western Hills GCI had the opportunity to play in a 2-day tournament, part of which was played at Western Hills Golf Course, a municipal course in Waterbury CT.The course is most challenging, with lots of hills and small fast greens protected by deep bunkers.Just as one enters the grounds the flag flies proudly right next to the club house.I had a good round with a net of 68 just not good enough to place as my previous round the day before was not so good.It is almost a certainty that a flag would fly at a golf course, and at the very least, I am willing to make the sacrifice to find another course to keep the Friday Flag flying.Friday Flags in Waterbury CT Western Hills GC
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Waterbury  CT Mid Year 2022 Real Estate Market AnalysisThe past 2-plus years have been extraordinary for real estate across the country. It has been consistent here in Connecticut as well. In the world of real estate, the exuberance of the business that had started in 2019 started to slow as people became wary of venturing into homes not knowing who was there or their state of health. Likewise, sellers were wary of having people come into their homes and possibly bringing in a bacterial issue that would infect their families. As people became more confident in going outside and held to precautions, the market began to flourish. In 2020, the market sales or absorption rate was 78 sales per month, with a median sales value of $154,900 and median days on market of 36. In 2021, the market s...
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By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
My most recent column on the new enforcement focus on unpaid payroll taxes is out on Bloomberg Tax:https://news.bloombergtax.com/tax-insights-and-commentary/unpaid-payroll-taxes-just-became-more-dangerous-for-ownersIf you or your client has a payroll tax problem please contact me at either (203) 285-8545 or by email at egreen@gs-lawfirm.com.   
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags in Watertown CTI pass this way regularly on Wednesday mornings on the way to a senior golf league n Watertown CT.The building is Crystal Rock Water Co on Buckingham St in Watertown CT. The company provides a number of purified water options with home or office delivery. They have also branched out to other office delivery item in the beverage fields.The company is over 100 years old.  On this day, however, their large flag was at half-mast out of respect for the over 200 people killed at parade events ofver the Holiday weekend.It was a sad way to celebrate the birth of our Nation's independence. The Constitution was written with the amendment to offer citizens the right to bear arms, but at the time, the nation of the early country was such that protecting the home and home...
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By Green & Sklarz LLC, Connecticut's Firm for Business Law
(Green & Sklarz LLC)
I am a legal assistant in our tax practice in New Haven, Connecticut and routinely work to represent taxpayers before the Internal Revenue Service.  Most people are unaware that when a married couple files their returns jointly there is something called “joint and several liability”.  This means that both taxpayers are liable for tax, interest or penalties that occur from the return and the IRS does not distinguish between the two people.Did you know the IRS allows you to submit a claim for injured spouse relief?  The term injured spouse refers to one spouse being negatively impacted by the other spouse’s debt.  An Injured spouse relief claim can be used to help one spouse obtain their share of the joint refund that was taken due to the other spouse owing some of the following debts: Pa...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Happy Independence Day July 4, 2022Independence Day, also called Fourth of July, in the United States, the annual celebration of nationhood. It commemorates the passage of the Declaration of Independence by the Continental Congress on July 4, 1776. It is now celebrated by cities all over the country with parades and when possible fantastic fireworks display.We heard the fireworks from the neighboring town of Waterbury as they had it on a high elevation and the valley carried the sounds up to Prospect. We will have a small gathering of family today with a little barbecue and laughs.We hope you will also celebrate the day and enjoy the company you have.Happy Independence Day July 4, 2022  
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
June 2022 Market Trends For Waterbury CT's West End Side, Zip 06708The 06708 Zip code encompasses the west side of Waterbury with 4 neighborhoods known as Brooklyn, Town Plot, Lower and Upper Bunker Hill. It is also the largest zip code in Waterbury. There are currently 37 active listings in the 06708 zip code with the average value of the homes for sale in Waterbury's 06708 zip code available for sale is $293,300 with average days in market of 43. There are also currently 62 properties under show or hard deposit contracts. For the year 2021 year there were 430 closed listings in the 06708 zip code of Waterbury with an average sales price of $225,836 and average days on market of 38. This suggests an absorption rate of 36 sales per month which means the current inventory is less than 1 ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags:  Flag Day in Prospect CTFlag Day was June 14, and many flags were flying to celebrate the flag as well as the day. The day is observed as a celebration of the day on June 14, 1777, the Second Continental Congress adopted the Stars and Stripes for the flag of the United States.The first national observance of Flag Day took place 100 years after the original resolution on June 14, 1877.Here in Prospect CT, the town had a special flag flying in front of the town Hall to honor both the day and also the students that were also leaving school to start their summer vacation.On any day, we should all be proud to not only see the flag, but to also have it in front of our own homes.Friday Flags:  Flag Day in Prospect CT
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Cheshire CT Home Worth, Market Statistics for May 2022 Cheshire is a town in New Haven County offering a high quality of life. It has a population of app 29,000. It offers an easy commute to New Haven CT of 14 miles; it borders Waterbury CT and is just 25 miles south of Hartford, the state capital. Currently in Cheshire CT there are 51 active residential listings for sale. They range from a 1,721 square ft, 3-bedroom ranch listed at $174,900 to a 4,240 square ft, 5-bedroom new colonial listed at $1,600,000. The average list price of the homes currently available for sale in Cheshire CT is $706,200. The average days on market for these homes is 74 days. For the month of May, there were 21 new homes listed for sale in Cheshire CT.  Search for Homes in Cheshire CT There are curre...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What Happened in The Prospect CT Real Estate Market Prospect May 2022?   Prospect CT is a town of App 10,000 residents located in New Haven County. It is bordered by Waterbury, Cheshire, Naugatuck and Bethany.  One noted by Money Magazine as one of the top 300 towns in the Nation, it has since adopted the title of Best small town in CT.It serves as a predominately residential community whose residents commute to the nearby towns.  It has a well-recognized Regional school system shared with Beacon Falls CT.  It is also recognized as a well managed town with taxes under control.  Search for homes in Prospect CTCurrently in Prospect CT there are 16 active residential listings for sale, with 10 new listings added in May . The homes for sale in Prospect CT range from a 1,226 square ft, 3-bed...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Home’s Value May 2022Waterbury CT is the second largest town in New Haven County with a population of app115,000. It is 33 miles southwest of Hartford, 25 miles north of New Haven and 77 miles northwest of New York City.The larger factories that once dominated the Connecticut manufacturing economy are no longer in Waterbury, essentially changing form the brass meals they used for raw materials and converting to cheaper and lighter aluminum or plastic. Currently in Waterbury CT there are 92 active residential listings for sale, with 62 new listings being added in May. The homes for sale in Waterbury CT range from a 1,474 square ft, 4-bedroom colonial listed at $109,900 to a 3,630 square ft, 4-bedroom  ranch listed at $829,900. These listings are within the town zip...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags in Waterbury CTFor those that care, there is nothing as uplifting as seeing our flag fluttering in a breeze. As the wind swirls, the flag will wave as if the breeze is just there to appreciate the view.Such was the case this past weekend as the winds were strong   in our area. I happened to pass the East Mountain golf course in Waterbury, CT and the tall pole with the flag waving was hard to miss.Many a day as a kid, we would come down the 18th fairway and that flag would stand tall over the clubhouse.As one of the oldest public courses in this area of the state, the East Mountain course still offers a challenge, and for me, I don't remember those holes being so long.Friday Flags in Waterbury CT 
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
 Washington Park Community Center, Waterbury CTI grew up in the South End of Waterbury CT near Washington Park. The community center was a place for Friday night dances, the concession stand is where we all got cold beverages in the summer and hot cocoa in the winter while ice skating on the flooded baseball fields.On the green in front of the building is the flagpole as well as a restored WW! German cannon.It once rested in another part of the park and as kids we would climb all over it and pretend to be in battles. The park is very active at all times of year and adjacent to the community center is a recreational pool that is very busy on warm summer days.  Other areas of the park are ideal for a summer picnic and just relaxing under the trees.Friday Flags  Washington Park Community C...
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By Green & Sklarz LLC, Connecticut's Firm for Business Law
(Green & Sklarz LLC)
As an estate planning attorney in New Haven, Connecticut, I counsel clients in all stages of life and with varying backgrounds. Some clients are single, some are married, some are divorced or widowed, and some are in second or third marriages. While all of these situations require different considerations from an estate planning perspective, clients who have remarried and have children from prior marriages find themselves in a unique position. How do they provide for their spouse and ensure their children from a previous marriage are also taken into consideration? To illustrate the potential problem, take the following example: John and Jane are married, and each has a child from a previous marriage. John and Jane both have wills that leave their entire estates to each other. John dies ...
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By Green & Sklarz LLC, Connecticut's Firm for Business Law
(Green & Sklarz LLC)
I am a business bankruptcy and insolvency attorney who routinely represents businesses in a variety of bankruptcy matters.  When a corporate client calls me, it is usually because something has gone wrong – maybe they couldn’t pay their rent due to a reduction in monthly sales, so the landlord is ready to kick them out of their prime location, or the recent global supply chain issues are affecting their ability to manufacture their product as forecast, causing a huge reduction in operating cash flow. If this is a smaller business, filing for bankruptcy and reorganizing its debt under Chapter 11 may be the best option for it to survive.  In February 2020, a new federal law known as the Small Business Reorganization Act (the “SBRA” or “Subchapter V”) went into effect.  The SBRA is specifi...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Prospect CT Center Decorated with FlagsWe are starting the Memorial Day weekend and many consider it the kick off to summer as well.The central intersection of town was adorned this past week with flags on all the poles with a 1/2 mile of the intersection.It's not unusual as each year we get a new batch of flags which will last through the fall.Once mentioned by Money magazine as one of the top 300 towns in the country, we still consider ourselves one of the best and certainly one of the most patriotic.Prospect CT Center Decorated with Flags
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Wolcott CT Home’s Value April 2022Wolcott CT is a town bordered by Bristol and Southington in Hartford county, and Waterbury in New Haven county. It is primarily a suburban town located 80 miles from New York City with a commute of 20 miles to Hartford and 30 miles to New Haven. Only slightly greater than 50% of the towns land is developed as residential housing and commercial, light industrial businesses.Currently in Wolcott CT there are 16 active residential listings for sale, with 8 new listings being added in April. The homes for sale in Wolcott CT range from a 988 square ft, 3-bedroom ranch listed at $188,100 to a 9,747 square ft, 6-bedroom colonial listed at $1,377,700.  Search for Homes in Wolcott CT The average list price of the homes currently available for sale in Wo...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Home’s Value April 2022Waterbury CT is the second largest town in New Haven County with a population of app115,000. It is 33 miles southwest of Hartford, 25 miles north of New Haven and 77 miles northwest of New York City. The larger factories that once dominated the Connecticut manufacturing economy are no longer in Waterbury, essentially changing form the brass meals they used for raw materials and converting to cheaper and lighter aluminum or plastic. Currently in Waterbury CT there are 76 active residential listings for sale, with 30 new listings being added in April. The homes for sale in Waterbury CT range from a 616 square ft, 1-bedroom ranch listed at $100,000 to a 3,260 square ft, 4-bedroom  ranch listed at $829,900. These listings are within the town zip...
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