Waterbury, CT Real Estate Market Updates in Zip Code 06704   Here is the most recent information on the real estate market for single family homes in Waterbury, CT in the 06704 zip code. This area includes the following neighborhoods: Bucks Hill, Crownbrook, Fairmount, Lakewood, Long Hill, North End, Upper Fulton Park, Walnut-Orange-Walsh(WOW), and Waterville.   Homes for Sale 113 Average Listing Price $129,844 Average Sq. Ft. 1368 Months of Inventory 8.8   Home Sales (January 2010) 8 Average Sale Price $114,469 Average Days on Market 81   The real estate market in Waterbury, CT 06704 continues to be a buyer’s market, with almost 9 months supply of inventory. A decrease in the average listing price has the potential of bringing out more buyers, helping to balance the market eventually. ... 02/07/2010

Harsh winter a sign of disruptive climate change, or another cause of global warning. This is a reality that the earth's oceans are getting warmer and the end result is a change to the ice density of the polar caps. Last week a group of concerned activists assembled to protest Global Warming.   02/04/2010

There are only 87 Days left to get a home under contract in order to qualify for the First Time Homebuyer's Tax credit and the expanded $6,500 for Move-up buyers. Last December, the First Time Home Buyers Tax Credit was extended and expanded.  Previously, the First Time Home Buyers Tax Credit was only available for first time home buyers (those buyers who had not owned a home in the three years previous to the current purchase) and was only available on homes that closed escrow before December 1, 2009. However, President Obama signed an extension on this deadline to apply to any homes purchased from November 6, 2009 to May 1, 2010 and allowed all homes that have a binding sales contract signed by April 30, 2010 to qualify for the up to $8000 tax credit (based on purchase price of home)... 02/03/2010

Today is Groundhog Day, the annual right of early spring when a known member of the rodent family, known as either Punxsutawney Phil, or Staten Island Chuck, or Sir Walter Wally, or General Beauregard Lee or Wiarton Willie and a host of others. Punxsutawney Phil and his cousins has emerged to see his shadow before chilly revelers, meaning winter will last another six weeks. German tradition holds that if a hibernating animal sees its shadow on Feb. 2 - the Christian holiday of Candlemas - winter will last another six weeks. If no shadow is seen, legend says spring will come early. The Inner Circle of the Punxsutawney Groundhog Club annually announces Phil's forecast at dawn on Gobbler's Knob, about 65 miles northeast of Pittsburgh. Phil's announcement came before hundreds of onlookers ... 02/02/2010

The stimulus programs keep on coming first there was "cash for clunkers" the automobile rebate program that ended in August 2009 to spur automobile purchases, and then the recent government appliance rebate program "cash for refrigerators" giving cash rebates up to $500 for replacing old, inefficient household appliances such as refrigerators, freezers, air conditioners and furnaces with newer Energy Star-rated appliances and now... "Cash For Fannie Mae's" the just announced program will be giving people who purchase a Fannie Mae-owned property up to 3.5 percent of the final sales price to be used toward closing cost assistance or their choice of Whirlpool appliances. The new program is available to any owner-occupant who closes on the purchase of a property listed on HomePath.com befor... 01/29/2010

The CHFA Homebuyer Mortgage Program interest rates are remained steady for the week of January 25th with the CHFA mortgage rates at historical lows of 4.375%. The current rates for CHFA are in effect until Thursday, February 4, 2010 : _____________________________________________ Homebuyer Mortgage ProgramInterest rate:  4.375 % (APR range 4.475 - 4.875 %)Term - 30 years, fixed rateDownpayment Assistance Program (DAP)   Interest rate:  4.375 % (APR range 4.475 - 4.875 %)Term - 30 years, fixed rate Urban Rehabilitation Homeownership (UR Home) ProgramInterest rate:  4.125 % (APR range 4.225 - 4.625 %)Term - 30 years, fixed rate Pilot Homeownership and Downpayment Assistance Program for ManchesterInterest rate:  4.375 % (APR range 4.475 - 4.875)Term - 30 years, fixed rate Homeownership Pro... 01/28/2010

  This was the view I caught of the sun rising over Waterbury last week from atop Bucks Hill. It was truly a sight to behold. I'm glad that I had my camera ready that morning. I've always loved pictures like this, and always wondered how people managed to capture the beauty of the sun over various landscapes. Now I know. 01/27/2010

Mortgage bond prices rose last week pushing Connecticut mortgage rates lower. The bond market rallied following crumbling stocks as the DOW fell 213 points Thursday. Weekly jobless claims came in higher than expected causing unemployment fears to cast a shadow over the state of the economy. In a consumer based economy it is difficult for people to spend money without a job. The producer price index was mixed as the headline figure was higher than expected but the core was lower than expected. For the week interest rates fell by about 1/4 of a discount point. The Fed meeting Wednesday will be the most important event this week. The Treasury will continue the record auctions with 2-year notes on Tuesday, 5-year notes on Wednesday, and 7-year notes on Thursday. If foreign demand remains de... 01/25/2010

Unique 1 level living in this custom built ranch.Attention to detail throughout. This home is perfect for those that love to entertain. Open floor plan with unmatched space. Large lot, in ground Pool with great views, top of the line appliances, this is a must seeLarge gourmet kitchen opens into dining room and an oversized great room perfect for entertaining. Sliders lead to the in ground pool with great views. The property is on the Waterbury Prospect Line and is a perfect commuter location. Full basement with 1 finished room could easily be a third bedroom. There is plenty of room for more. 2 car garage, 1st floor laundry, full generator hookup, and built in custom cabinets like you have never seen before. 01/21/2010

The final analysis of sales of residential properties in Waterbury for the 2009 year shows a definite decline from the values of 2008. Being the 5th largest city in Ct and having a tradition of an old New England manufacturing town, it carries a negative stigma which is not deserved. The history of the town is the reason for property values being among the lowest in the state, and therefore is a starting point for many first time buyers not only within the state, but with New York City only an hours train ride away, many people found their way up here to but a home that would never be available to them in the boroughs.   The sales numbers carry over as follows:                     CY 2009   CY 2008   Current active   Mos of Inventory Currently under contract                   RESIDENTIA... 01/20/2010

Market CommentMortgage bond prices rose last week pushing CT mortgage rates lower. The bond market rallied nicely Tuesday following moves by China to curb growth. Oil prices fell almost immediately providing a much-needed reprieve following the recent run up in prices tied to severe cold weather across the US. The consumer price index data showed tame inflation, which also helped CT rates improve. For the week interest rates fell by about 1/2 of a discount point. The inflation data Wednesday will be the most important economic release this week. Signs of stronger than expected inflation would not be good for CT mortgage rates. The bond market is closed Monday in honor of the Martin Luther King holiday. Interest rates may be volatile Tuesday as trading resumes following the extended holi... 01/18/2010

Activerain's Ed Silva shares Secrets from Waterbury, CT Hear Ed Silva, co/owner of RE/MAX Partners on Thursday, January 21, 2010 at 11:00 a.m. talk about the Real Estate Secrets of the Waterbury CT area on blogtalkradio.  Call in to 347-994-1903 or listen on the computer and ask questions in the chat room! Ed Silva has lived in the Waterbury, Connecticut area his entire life.  His professional career started out as a design engineer for an aerospace company in CT. Unfortunately the down turn in the aerospace industry in the early 70's made his tenure was short lived. Ed turned to machine design and plant engineering, and went specifically into wet process equipment as relates to manufacturing companies and their environmental wastes. He was a national sales manager for 2 well known comp... 01/17/2010

CHFA Mortgage Program interest rates are remained steady for the week of January 11th with the CHFA homebuyer program at historical lows of 4.5%. The current rates for CHFA are in effect until Thursday, January 21, 2010 : _____________________________________________ Homebuyer Mortgage ProgramInterest rate:  4.5 % (APR range 4.475 - 4.875 %)Term - 30 years, fixed rateDownpayment Assistance Program (DAP)   Interest rate:  4.5 % (APR range 4.475 - 4.875 %)Term - 30 years, fixed rate Urban Rehabilitation Homeownership (UR Home) ProgramInterest rate:  4.25 % (APR range 4.225 - 4.625 %)Term - 30 years, fixed rate Pilot Homeownership and Downpayment Assistance Program for ManchesterInterest rate:  4.375 % (APR range 4.475 - 4.875)Term - 30 years, fixed rate Homeownership Program,Home of Your ... 01/14/2010

I had a couple of transactions this past year where the good intentions a a family member came back with less than ideal rewards. As the mortgage industry amends lending requirements and tightens up the system, home-buyers with issues look to family members for assistance. Specifically, getting a family member to co-sign a mortgage to allow the loan to go through. One of my clients had done a good turn for her mother a few years back and co-signed the mortgage , as she wasn't ready to buy a home and her credit was excellent. When we went to get her qualified, the outstanding note appeared and for a while it looked like she would not be able to get her own mortgage. Her answer came when the lender requested proof of payment of the mortgage in the form of cancelled checks, coming from he... 01/08/2010

WATERBURY, CT REAL ESTATE - MARKET UPDATE JANUARY 2010 Let's see what happened in the Waterbury, CT real estate market in terms of active listings: Active Listings 432 New Listings 0 Average List Price $158,800 Median List Price $149,900 Average Sq. Ft. 1863 Median Sq. Ft. 1390 There are 432 homes for sale , with 97 of those homes being listed in December in the Waterbury, CT real estate market as of December 31, 2009.   Here's the breakdown of the prices of homes for sale in Waterbury, CT as of January 1, 2010: List Price Houses % < 100,000 69 16 100,001-150,000 149 35 150,001-200,000 132 31 200,001-250,000 55 13 250,001-300,000 15 3 >300,001 11 2   The housing market varies from neighborhood to neighborhood in Waterbury, CT , so you can get a better idea of what’s happening in the Wat... 01/06/2010

MERIDEN-WOODTICK WATERBURY, CT REAL ESTATE - MARKET UPDATE JANUARY 2010   Here’s a look at what’s been happening in the Meriden-Woodtick section of Waterbury's East End real estate market : Active Listings 29 New Listings 0 Average List Price $165,507 Median List Price $157,900 Average Sq. Ft. 1437 Median Sq. Ft. 1388 There are 29 homes for sale in the Meriden-Woodtick section of Waterbury CT’s East End community, 6 of which were just placed on the market in the last month. The average size of the homes for sale in the Meriden-Woodtick neighborhood has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices of homes for sale in the Meriden-Woodtick Waterbury, CT neighborhood:     List Price Houses % < 100,000... 01/06/2010

East Mountain Waterbury, CT Real Estate - Market Update January 2010     Here’s a look at what’s been happening in Waterbury's East Mountain real estate market as of December 31, 2009: Active Listings 18 New Listings 0 Average List Price $165,233 Median List Price $167,400 Average Sq. Ft. 1413 Median Sq. Ft. 1360 There are 18 homes for sale in the East Mountain neighborhood of Waterbury, CT ; of those, two were listed in the last month. The average size of the homes for sale has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices in the East Mountain-Waterbury, CT neighborhood:   List Price Houses % < 100,000 2 11 100,001-150,000 5 28 150,001-200,000 10 55.5 >200,001 1 5.5         These are the newly list... 01/06/2010

BUNKER HILL-WATERBURY, CT REAL ESTATE - MARKET UPDATE JANUARY 2010   Here's a look at the recent data for the real estate market in the Bunker Hill neighborhood of Waterbury,CT as of December 31, 2009: Active Listings 59 New Listings 0 Average List Price $171,344 Median List Price $169,900 Average Sq. Ft. 1500 Median Sq. Ft. 1377 There are 59 homes for sale in the Bunker Hill-Waterbury, CT area, of which 11 were just listed in the last month. The average size of the homes for sale in the Bunker Hill section of Waterbury has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices in the Bunker Hill neighborhood of Waterbury, CT :     List Price Houses % < 100,000 6 10 100,001-150,000 11 19 150,001-200,000 28 4... 01/05/2010

Bucks Hill-Waterbury, CT Real Estate - Market Update JANUARY 2010 Here's a look at the Bucks Hill real estate market as of December 31, 2009: Active Listings 19 New Listings 0 Average List Price $176,447 Median List Price $178,800 Average Sq. Ft. 1550 Median Sq. Ft. 1506 There are 19 single family homes for sale , 5 of which were just listed in December in the Bucks Hill neighborhood of Waterbury, CT . There are some rather decently sized homes in the Bucks Hill neighborhood. Here's a breakdown of the prices in the Bucks Hill-Waterbury, CT neighborhood: List Price Houses %   1 5.3 100,001-150,000 5 26.3 150,001-200,000 9 47.4 >200,001 4 21 And these are the latest homes for sale to join the market in the Bucks Hill area: Address L/Price ADOM 229 BUCKS HILL RD   154,900 20 535 BUCKS HILL... 01/05/2010

We have all done it at some point, made a list of 'I Wills' at the beginning of the New year with the best of intentions, then withered from our devotions in short order. My primary resolution was shot after 5 days. I have made the typical resolutions we all put into our minds:  Be a better person, diet, exercise, blah, blah, blah. The  fact that I only know where my treadmill is, is a testament to that type of resolution. I had made a point of trying to make this, my first real full year as a blogger more productive and to post daily material that would keep me at the top of search engines for my capabilities, and to also follow and comment on my fellow blogger's posts to help them move up also. Well, after just a mere 72 hours, yep, that's right, Monday, I had already failed. My Mond... 01/05/2010