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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)
There are many reasons units always seem to sell over at Westwood Village on the west side of Danbury.  The community is composed of spacious well designed 1, 2 and 3 bedroom units. A proactive condo board & professional management company keeps the community well maintained. Great amenities including two pools, dog park and playground. Prime location minutes to I-84, I-684, train stations and New York state. Because of the community is set high upon a steep hill, some of the units do offer great views of the surrounding hillside and nearby lakes. Westwood Village is close to shopping, services and fine dining along Mill Plain Rd. Learn more about Westwood Village in Danbury,CT on my website. You can always contact me at 203-417-0523 or send me an information with your real estate quest...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
According to the Danbury Newstimes today (2/17/09), Old Ridgebury Road is going widened from two to four lanes from Larson Drive up the four way stop light intersection with Briar Ridge Road & Benson Road. The city just put the work up to bid until the middle of March. Residents living and working in the Ridgebury neighborhood will benefit tremendouslyy, because the road is very busy in the morning heading up the hill to the various office buildings & campus for Boehringer Ingelheim and going back toward the highway at night. It is nice to see the city invest in some infrastructure since they did allow for a lot of devolpment to occur in recent years including the Kensington Woods & Briar Woods townhome communities, Ridgebury Hills, the Willow Grove at Danbury apartments, as well as the...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
It is very important to work with a local agent with both purchasing or selling real estate.  Not having the right agent can cost you lots of money, time and stress. Working with a LOCAL real estate agent will help you because they: Buying: Have seen in person other homes similar to the one you want to make yours to help give you a fair market value on your offer. Have relationships with local service providers to help you once you move in (plumbers,contractors,etc). Will point out things that will effect your resale ability other than material issues with any home(new development going in behind you, proposed cell phone towers, road to be widened, big stores going in nearby,possible assessments,etc). Network with other agents so you might get any leads on properties before they hit the...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Here are my seven good reasons why it's great to be a first time buyer in the Greater Danbury Market? You don't have to worry about having to sell your current home in order to buy. You can still get a mortgage with a low interest rate if you have money to invest as your down payment, a steady job and a good credit score. Affordablity of move in condition properties and as well several opportunities to improve 'fixer-uppers'. You have time to think about your decision. With the tax benefits and low interest rates, your mortgage payments might been just slightly higher than what you are paying each month for rent and getting nothing in return. There is a larger selection of homes to choose from. Home sellers might be more negoiatable on the price than in years past. The average price of ...
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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 REALTOR®
(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 REALTOR®
(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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