Bloomfield, CT Real Estate News

By Lisa Orme, Broker/Realtor, ABR, CRS,GRI, PSCS, SFR, Notary Pu
(The Master's Key Realty LLC -Windsor, CT - HARTFORD COUNTY)
Market Activity Report for Bloomfield CT - June 2011 Welcome to the Bloomfield, CT Real Estate Market Update presented by The Master's Key Realty for the Month of June 2011. RESIDENTIAL SINGLE FAMILY HOMES Currently there are 165 actively listed Residential Homes in Bloomfield, CT. Of these, 34 were listed during the month of March. Also, this inventory is up from 142 just three months ago. These homes range in price from $74,900 to $1,590,000. (A listing at 77 Darby Street is not included in the active listings price range as it is extensively fire-damaged and not habitable. It is listed at $29,900.) 432 Tunxis Avenue is the lowest priced home in town at this time, asking $74,900. It is listed as a 1853 sq.ft. home w/6 rooms, 3 bedrooms and 1.5 baths, built in 1878. The property is bei...
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By Lisa Orme, Broker/Realtor, ABR, CRS,GRI, PSCS, SFR, Notary Pu
(The Master's Key Realty LLC -Windsor, CT - HARTFORD COUNTY)
  Welcome to the Bloomfield Real Estate Market Update presented by The Master's Key Realty for the Month of March 2011.  RESIDENTIAL SINGLE FAMILY HOMES Currently there are 142 actively listed Residential Homes in Bloomfield, CT. Of these, 32 were listed during the month of March.  These homes range in price from $69,900 to $1,200,000.  They have been on the market from 1 day to 984 days.   SALES ACTIVITY: There are 14 homes currently under deposit in Bloomfield CT - three of these went under contract during the month of March. In comparison, in 2010, sixteen homes went under contract in the month of March In addition, eight properties were sold (closed sales) in Bloomfield during the month of March 2011, ranging from $115,000 to $242,000. Closed sales were on the market before going un...
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By Matt Listro, Your Credit Repair Expert
(National Credit Fixers - Matt Listro)
The next time you apply for a loan, you're likely to face even tougher standards than those already clamped on the consumer credit market by wary lenders. The still-soaring foreclosure rate is prompting changes in the way the nation's major credit bureaus evaluate credit risk and determine credit scores. Changing consumer attitudes about credit responsibility sparked by the devastated housing market, high unemployment and a recessionary economy have too often left mortgage lenders holding the bag. An increasing number of homeowners, even those with respectable credit scores, are handing over the keys and walking away from their mortgage loans. When the bottom dropped out of the housing market, a significant number of homeowners found themselves paying high interest rates on homes that w...
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By Lisa Orme, Broker/Realtor, ABR, CRS,GRI, PSCS, SFR, Notary Pu
(The Master's Key Realty LLC -Windsor, CT - HARTFORD COUNTY)
Welcome to the Bloomfield Real Estate Market Update presented by The Master's Key Realty for the Month of September 2010.    RESIDENTIAL SINGLE FAMILY HOMES Currently there are 162 actively listed Residential Homes in Bloomfield, CT. Of these, 40 were listed during the month of September.  These homes range from a 4 BR Cape (1284 sq.ft., 1 bath, no garage) for $69,900 on 92 Glenwood Drive, up to a 5 BR Contemporary  (3582 sq.ft., 11 rooms-3 full, 1half baths, 2 car garage) listed for $698,876 at 21 Gale Road.  The average price of the actively listed properties in the town of Bloomfield is $254,020.      SALES ACTIVITY: There are 20 homes currently under deposit in Bloomfield CT - eight of these went under contract during the month of September. The asking prices on these homes ranged ...
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By Jon Sigler, Sigler Sold Another! 860-306-8029
(Coldwell Banker Realty)
FHA Mortgage loans are often a perfect for Bloomfield first time home buyers.  One of the great benefits of an FHA loan is that they are very flexible in their approval criteria which allows for an easier qualification process than other mortgage loan programs for Bloomfield first time home buyers. The Federal Housing Administration was created in 1934 and became a part of Department of Housing and Urban Development in 1965.  It has helped increase the home ownership rate in the United States of America to almost 70%. It is a Federal program that does not cost the American taxpayer. All costs of the insurance are paid for by borrowers who obtain FHA mortgage loans. Benefits to a Bloomfield First Time Home Buyer in using an FHA Loan to buy a home Low Down Payment and Closing Costs - Bloo...
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By Matt Listro, Your Credit Repair Expert
(National Credit Fixers - Matt Listro)
Even if your not in the credit "biz" you'll get a kick out of this story!! Texas Man awarded $1.5 million from a collection company! Advanced Call Center Technologies, a collection company, now finds itself $1.5 million in debt to Allen Jones. A Dallas County court awarded him the hefty$1.5 million judgment after a jury found the agency barraged Jones with harassing and racially charged phone calls.Advanced call center employees confessed to logging eight expletive-filled calls to Jones, of Lewisville, Texas, in August 2007, many peppered with the "n-word." Jones, 26, saved the vulgar voice mails as evidence."This is your motherf------ wake-up call you little lazy a-- b----," a collector said in one early-morning message obtained by Dallas/Fort Worth's WFAA-TV. "Get your motherf------ n...
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By Jon Sigler, Sigler Sold Another! 860-306-8029
(Coldwell Banker Realty)
What is the Maximum FHA Mortgage Loan in Bloomfield? The maximum FHA Mortgage Loans is different for each county and also for a 1, 2, 3 or 4 family/unit house. So here are the current maximum FHA Mortgage Loan limits for Bloomfield, CT: Single Family Home $440,000 Two Unit Home $563,250 Three Unit Home $680,850 4 Unit Home $846,150 The loan limits are similar in Middlesex and Tolland County. They are lower in Litchfield, New London, New Haven and Windham Counties. The loan limits are higher in Fairfield County.What is an FHA Mortgage? An FHA Mortgage loan is a loan that is insured by the Federal Housing Administration (FHA). FHA does not actually provide the loan; it insures the mortgage for the lender. Should the borrower on an FHA mortgage default the lender may receive payment from F...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
Bloomfield Real Estate Market Action Report February, 2010 The data for the month of February 2010 as it relates to properties for sale in Bloomfield is:  Property Sales Inventory Market Time Selling Price vs. Original Listing Price    Property SalesThe number of homes that sold in Bloomfield CT in February 2010 was 6.  This was a decrease of 53.8% compared to 13 properties that sold the prior month.  This was also a decrease of 50% from 12 properties sold in February 2009.    InventoryThe number of homes available for sale in Bloomfield has remained pretty consistent over the last several years.  The total inventory of properties available as of February 2010 was 166 which is an increase of 11.4% from 149 in January, although down 9.8% from 184 properties for sale in Bloomfield in Febr...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
  Homes for Sale in BloomfieldReal Estate Market Action Report for January, 2010   The data for the month of January 2010 as it relates to homes for sale in Bloomfield is: Property Sales Inventory Market Time Selling Price vs. Original Listing Price   Property SalesThe number of homes that sold in Bloomfield CT in January 2010 was 13.  This was a decrease of 43.5% compared to 23 homes that sold the prior month.  However, this was an increase of 62.5% from 8 in January 2009.    InventoryThe number of homes available for sale in Bloomfield has remained pretty consistent over the last several years.  The total inventory of properties available as of January 2010 was 148 which is an increase of 5% from 141 in December, although down 18.2% from 181 homes for sale in Bloomfield in January of ...
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By Matt Listro, Your Credit Repair Expert
(National Credit Fixers - Matt Listro)
National Credit Fixers: 330 Roberts Street 4th Floor East Hartford CT 06108 phone: 860-282-6181. National Credit Fixers boasts of 13 years experience repairing low FICO scores. Whether your credit has been damaged by a foreclosure, bankruptcy, slow credit, collections, judgments, repossessions, etc. we can help. We are the experts in credit restoration and credit repair. We have helped numerous residents of Bloomfield and are experts in Bloomfield credit repair. Want to get a new house or maybe go back to school?  Can't get the loan because of bad credit?  Give national Credit Fixers a call today and see what potential you can reach when you speak with one of our credit repair specialist today!  We're the BEST!  :)MattToll Free: 888-NCFIXER (623-4937)Toll Free Fax: 888-FAX-4020 (329-402...
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By Brent Bell, CRS, e-PRO, GRI, Hartford County
(RE/MAX Premier, Realtors)
For people seeking a life-care community, taking a look at Duncaster in Bloomfield is well worth your time. This community, built in 1984, has aged very nicely - due in part to forward-thinking during the initial design process. The 189 residences range from efficiencies (500 sf) up to 3-BR units (1,600 sf) and each apartment has either a balcony or patio. There is also a 60-bed nursing home on the premises. With my mother actively researching retirement communities, I visited this morning for a realtor luncheon to re-acquaint myself with this facility. I was pleased to see the pool/spa/physical therapy/fitness center addition (about 4 years young), which features an olympic length pool (kept at 83 degrees) and a large hot-tub (at 93 degrees). Both have ramps for easy access. During sno...
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By GEENA Becker
(William Raveis Real Estate and Home Services)
    AN ACTIVERAIN COLLEGUE  EMAILED ME ASKING ME TO WRITE SOMETHING POSITIVE ABOUT BLOOMFIELD.  THIS GOT MY MIND STIRRING VERY QUICKLY BECAUSE I IMMEDIATELY THOUGHT OF SEVERAL REASONS WHY I LOVE LIVING IN THIS TOWN.WE HAVE WITHIN A 2 MILE RADIUS OF WHERE I LIVE 6 GOLF COURSES AND THEY ARE:TUMBLEBROOK CC, HARTFORD GC.WAMPANOAG CC, WINTONBURY, GILLETTE RIDGE, TOWER RIDGE.THE CENTER OF BLOOMFIELD IS ONE OF THE COZIEST TOWN GREENS YOU WILL SEE.  IN THE SUMMER THEY HAVE A LIVE MUSIC ON THE LAWN WHICH IS NICE FOR THE COMMUNITY.  I CAN BE ON 3 DIFFERENT MAJOR HIGHWAYS IN LESS THAN 10 MINUTES.  BRADLEY AIRPORT IN LESS THAN 15 MINUTES EASILY EVEN DURING RUSH HOUR!THE CENTER HAS TWO GREAT SPECIALITY RESTAURANTS - GINZA THAT IS A FANTASTIC SUSHI/HIBACHI RESTAURANT.  GINZA IS THE MOTHER MONEY SHIP ...
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By GEENA Becker
(William Raveis Real Estate and Home Services)
 To set the tone of where I am going with this...I was so unnerved by the town budget meeting last night I had dreams of being in this room debating with the town council.  I have lived in this town the first go around for almost 7 years and then came back and have been here for 11 1/2 years.  We have the best luxury condo's and apartments in Hartford County and we also have gorgeous custom built estate homes that are the perfect size for empty-nester's.  Gillette Ridge Golf Course was built 3 years ago and we have built luxury free standing houses all around the golf course and other locations near the golf course.  Bloomfield is only 6 miles from downtown Hartford and 5 to 8 minutes to I-91 and I-84 and less than 15 min to Bradley International Airport. I printed the 205 page Budget p...
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