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Waterbury, CT Real Estate News

By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bunker Hill-Waterbury, CT Real Estate: Quarterly Market Report November 1, 2009   The charts below compare the quarterly performance of the real estate market in the Bunker Hill neighborhood of Waterbury, CT over the last 12 months:       Bunker Hill -Waterbury, CT Market Statistics for the last 90 days: Average Listing Price: $ 152,828 Average Sale Price: $ 145,956 A verage Days on Market (DOM): 7 4   Number of Homes Sold: 31 An observation on the Bunker Hill real estate market in Waterbury, CT : The average prices of homes that have sold in the Bunker Hill neighborhood have remained fairly constant for the last three quarters of 2009 . Combined with the fact that the number of home sales has increased, this indicates that home sellers in the Bunker Hill area of Waterbury, CT have a ra...
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By Don Polletta
(MBC Interactive)
Mortgage bond prices rose last week pushing CT mortgage rates lower. Mixed data resulted in up and down trading but within a relatively narrow range. Things were going well the first part of the week with CT rates improving until Wednesday when the consumer price index and the core came in higher than expected. Inflation, real or perceived, erodes the value of fixed income investments causing prices to fall and rates to rise. We saw some of that mid-week. Despite this, CT mortgage rates finished the week improved by about 1/8 to 1/4 of a discount point. The US Treasury will continue the record Treasury auctions with a $44 billion 2-year note auction Monday, $42 billion 5-year note auction Tuesday, and a $45 billion 7-year note auction Wednesday. The bond market will be closed Thursday f...
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By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Fantastic 1 Bedroom Apartment in a quiet neighborhood. 105 Wedgewood, Waterbury, CT Great ground level apartment. Features a large kitchen, living room and a large bedroom. There is also a coin operated Washer/Dryer on the premises and you even have your own secure storage area. This is a must see and wont last. First Month's Rent and Security Deposit required. Credit check and References needed. Details Asking Price: $700/month Bedrooms: 1 Bathrooms: 1 # of Floors: 1 Contact InfoDave Jones Broker/Owner,REALTOR, e-PRO Main 203-758-0264 Dir 203-910-2638 Email | Website All information is deemed reliable but is not guaranteed. Great ground level apartment. Features a large kitchen, living room and a large bedroom. There is also a coin operated Washer/Dryer on the premises and you even ha...
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By Don Polletta
(MBC Interactive)
Mortgage bond prices rose last week pushing Connecticut mortgage rates lower. The Fed spent another $45 billion buying mortgage bonds between November 5th and the 11th. For all the criticism the Fed receives for the handling of the economy, they do deserve credit for keeping mortgage interest rates low throughout this year. How it all plays out in the long term is uncertain. The record Treasury auctions continued to be absorbed in trading without any major problems. For the week, Connecticut mortgage rates improved by about 7/8ths of a discount point. The consumer price index data Wednesday will be the most important release this week. Producer price index data along with retail sales data will set the tone for the start of the week. Inflation indications would likely hurt Connecticut m...
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By Don Polletta
(MBC Interactive)
CHFA Mortgage rates are at their lowest point in years, and with the extension of the homebuyer tax credit now is the perftect time to buy. The following chfa rates are in effect until Thursday, November 19, 2009, and subject to change CHFA Homebuyer Mortgage ProgramInterest rate:  4.625 % (APR range 4.725 - 5.125 %)Term - 30 years, fixed rateCHFA Downpayment Assistance Program (DAP)Interest rate:  4.625 % (APR range 4.725 - 5.125 %)Term - 30 years, fixed rate Urban Rehabilitation Homeownership (UR Home) ProgramInterest rate:  4.375 % (APR range 4.475 - 4.875 %)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 Own Program,Police ...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
WATERBURY, CT REAL ESTATE – MARKET UPDATE NOVEMBER 2009 Let's see what happened in the Waterbury, CT real estate market for houses currently on the market: Active Listings 457 New Listings 0 Average List Price $165,791 Median List Price $159,900 Average Sq. Ft. 1876 Median Sq. Ft. 1428 There are 457 homes for sale , with 82 of those homes being listed in October in the Waterbury, CT real estate market as of October 31, 2009. Here's the breakdown for the prices of homes for sale in Waterbury, CT as of November 1, 2009: List Price Houses % < 100,000 50 11 100,001-150,000 15 8 35 150,001-200,000 15 1 33 200,001-250,000 66 14 250,001-300,000 21 5 >300,001 11 2   You can search for homes for sale in Waterbury, CT by visiting William’s Places ! Here's a look at what's recently sold in Waterbu...
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Congress gave final approval to legislation expanding an $8,000 tax credit for first-time home buyers. The House passed the extension on Thursday and President Obama is expected to sign it today. The new bill extends until April 30, 2010 for the tax credit for first-time homebuyers that would otherwise expire at the end of this month. Changes:   The new legislation will allow the credit for couples earning up to $225,000 a year and individuals earning up to $125,000. That's up from the current $75,000 limit for individuals and $150,000 for couples. Current Homeowners   The new bill will allow homebuyers who have owned their prior residence for at least five years to receive a $6,500 credit. Those who sell their new home or no longer use it as their main residence within three years woul...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
BUNKER HILL-WATERBURY, CT REAL ESTATE – MARKET UPDATE NOVEMBER 2009   Here’s a look at the recent data for the real estate market in   the   Bunker Hill neighborhood of Waterbury , CT : Active Listings 64 New Listings 0 Average List Price $ 18 3,432 Median List Price $179,900 Average Sq. Ft. 1583 Median Sq. Ft. 1517 There are 64   homes for sale in Bunker Hill-Waterbury, CT area, of which 10 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 % < 150,000 13 20 150,000-200,000 33 52 200,000-250,000 13 20 >250,000 5 8 You...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
MERIDEN-WOODTICK WATERBURY, CT REAL ESTATE – MARKET UPDATE NOVEMBER 2009   Here’s a look at what’s been happening in the Meriden-Woodtick section of Waterbury's East End real estate market : Active Listings 31 New Listings 0 Average List Price $167,539 Median List Price $167,900 Average Sq. Ft. 1371 Median Sq. Ft. 1348 There are 31 homes for sale in the Meriden-Woodtick section of Waterbury CT’s East End community, 8 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 ...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
East Mountain - Waterbury, CT Real Estate – Market Update November 2009     Here’s a look at what’s been happening in Waterbury’s East Mountain real estate market : Active Listings 20 New Listings 0 Average List Price $182,960 Median List Price $177,450 Average Sq. Ft. 1561 Median Sq. Ft. 1458 There are 20 homes for sale in the East Mountain neighborhood of Waterbury, CT ; of those, three 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 % < 150,000 6 30 150,001-200,000 9 45 200,001-250,000 3 15 >250,000 2 1 0         Th e s e are the newly listed home s for sale o...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bucks Hill-Waterbury, CT Real Estate – Market Update November 2009 Here’s a look at what’s been happening in the Bucks Hill real estate market in the past month: Active Listings 21 New Listings 0 Average List Price $ 190,318 Median List Price $17 6,900 Average Sq. Ft. 1 561 Median Sq. Ft. 1 555 There are 21 homes for sale , 4 of which were just listed in October 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 % < 100 ,000 0 0 100,001-150,000 4 19 150,001-200,000 11 52 >200,001 6 29 You can search for homes for sale in the Bucks Hill and surrounding neighborhoods by visiting William’s Places!   And these are the la...
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By Don Polletta
(MBC Interactive)
Mortgage bond prices rose last week pushing CT mortgage rates lower. Rates spiked higher Monday morning as stocks surged and the Treasury auctions loomed. Fortunately, foreign demand for the notes was solid, helping to keep mortgage rates low. The stock markets remained volatile all week with the Dow Jones index swinging by triple digits both up and down. For the week, interest rates improved by about 1/4 of a discount point. The Fed meeting on Wednesday will be the most important event this week. Productivity and employment figures are likely to move the market. LOOKING AHEAD EconomicIndicator ReleaseDate & Time ConsensusEstimate Analysis ISM Index Monday, Nov. 2,10:00 am, et 53.0 Important. A measure of manufacturer sentiment. Weakness may lead to lower mortgage rates. Factory Orders ...
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By Don Polletta
(MBC Interactive)
CT Mortgage rates ended the week nearly unchanged despite considerable market volatility. Trading was up and down all week. Rates improved the first portion of the week as stocks fell below key psychological levels. Unfortunately a reversal the middle portion of the week eroded the earlier improvements. Data was mixed with tame inflation readings but generally stronger than expected economic activity. For the week, interest rates were near unchanged. The Treasury auctions will take center stage again this week. If there is strong foreign demand it will likely spill over to the mortgage bond market. Weak auctions will likely result in mortgage interest rate increases. Employment cost index data will also be carefully watched. LOOKING AHEAD EconomicIndicator ReleaseDate & Time ConsensusEs...
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By Don Polletta
(MBC Interactive)
Market CommentMortgage bond prices fell sharply last week driving CT mortgage rates higher. Rates were under pressure from better than expected economic news and rising stocks. Retail sales, weekly jobless claims, and industrial production data were all better than expected. The improved economic outlook had investors flocking to buy stocks, which helped the Dow Jones index to close over 10,000. For the week, interest rates rose nearly 7/8 of a discount point. The producer price index data to be released Tuesday will be the most important data this week. Any signs of inflation will generally not bode well for mortgage bonds. The Fed "Beige Book" will factor into trading this week. Stock strength and dollar valuation will play a pivotal role in mortgage interest rates as well. LOOKING AH...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
WATERBURY, CT REAL ESTATE – MARKET UPDATE OCTOBER 2009 Let's see what happened in the Waterbury, CT real estate market in terms of the active listings: Active Listings 476 New Listings 0 Average List Price $ 166,654 Median List Price $159,900 Average Sq. Ft. 1887 Median Sq. Ft. 1448 There are 476 homes for sale , with 97 of those homes being listed in September in the Waterbury, CT real estate market as of September 30, 2009.   Here's the breakdown of the prices of homes for sale in Waterbury, CT as of October 1, 2009: List Price Houses % < 100,000 62 13 100,001-150,000 151 32 150,001-200,000 158 33 200,001-250,000 70 15 250,001-300,000 21 4 >300,001 15 3   You can search for homes for sale in Waterbury , CT by visiting William’s Places !   Here's a look at what's recently sold in Wate...
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By Don Polletta
(MBC Interactive)
Mortgage bond prices fell last week pushing mortgage interest rates higher. The Treasury auctions were mixed with the 3 and 10-year auctions showing decent foreign demand. Unfortunately the 30-year auction was a huge disappointment and caused mortgage interest rates to worsen Thursday. The fear of future rate hikes sent mortgage bonds lower Friday pushing mortgage interest rates higher. For the week, interest rates rose by about 1/2 of a discount point. The consumer price index will be the most important release this week. Any signs of inflation will generally not bode well for mortgage bonds. Retail sales and the Fed minutes are also likely to factor into trading this week. Any surprises may lead to mortgage interest rate volatility. LOOKING AHEAD EconomicIndicator ReleaseDate & Time C...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
MERIDEN-WOODTICK WATERBURY, CT REAL ESTATE – MARKET UPDATE OCTOBER 2009   Here’s a look at what’s been happening in the Meriden-Woodtick section of Waterbury's East End real estate market : Active Listings 27 New Listings 0 Average List Price $165,256 Median List Price $164,900 Average Sq. Ft. 1368 Median Sq. Ft. 1344 There are 27 homes for sale in the Meriden-Woodtick section of Waterbury CT’s East End community, 7 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 ...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
East Mountain Waterbury, CT Real Estate – Market Update October 2009     Here’s a look at what’s been happening in Waterbury’s East Mountain real estate market: Active Listings 26 New Listings 0 Average List Price $186,446 Median List Price $172,450 Average Sq. Ft. 1601 Median Sq. Ft. 1451 There are 26 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 % < 150,000 8 31 150,001-200,000 11 42 200,001-250,000 4 15 >250,000 3 12     These are the newly listed homes for sale on the market i...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
BUNKER HILL-WATERBURY, CT REAL ESTATE – MARKET UPDATE OCTOBER 2009 Here’s a look at the recent data for the real estate market in the Bunker Hill neighborhood of Waterbury, CT : Active Listings 71 New Listings 0 Average List Price $185,552 Median List Price $179,900 Average Sq. Ft. 1643 Median Sq. Ft. 1568 There are 71 homes for sale in Bunker Hill-Waterbury, CT area, of which 18 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 % < 150,000 15 21 150,000-200,000 33 47 200,000-250,000 20 28 >250,000 3 4 You can search...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bucks Hill-Waterbury, CT Real Estate – Market Update October 2009 Here’s a look at what’s been happening in the Bucks Hill real estate market in the past month: Active Listings 22 New Listings 4 Average List Price $190,318 Median List Price $176,900 Average Sq. Ft. 1561 Median Sq. Ft. 1555   There are 22 homes for sale , 4 of which were just listed in September 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 % < 100,000 1 4 100,001-150,000 5 23 150,001-200,000 12 55 >200,001 4 18 You can search for homes for sale in the Bucks Hill and surrounding neighborhoods by visiting William’s Places!   And these are the lat...
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