Brookfield, CT Real Estate News

By Joe Rocky
(Coldwell Banker - McCaffrey Professionals)
Brookfield Danbury Area Real Estate Volume and Prices – April 2011. Brookfield Danbury Area Real Estate Volume and Prices continue to be sluggish as shown graphically here. The Danbury area includes nine towns; Bethel, Bridgewater, Brookfield, Danbury, New Fairfield, New Milford, Newtown, Sherman and Southbury. Except for Bethel these towns all border Candlewood Lake, Lake Lillinonah or both. The Brookfield Danbury Area Real Estate remains a Buyer’s Market. For the third month this year total Brookfield closings were only7, bringing the total to 25. This is 30% below last year to date and only slightly better than the terrible 2009 figure. Of the seven sales six were priced below $450,000. The seventh was at $1,000,000. That house had been on the market since July 2008, originally offer...
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By Joe Rocky
(Coldwell Banker - McCaffrey Professionals)
Brookfield CT Town Center at Four Corners Despite many attractions and proximity to two beautiful lakes Brookfield has never had a commercial town center or downtown. A vibrant commercial zone stretches out along southern Federal Road; composed of a series of shopping centers and strip malls. The larger ones are anchored by national chains or supermarkets and the smaller ones have an assortment of cleaners, pizza restaurants, hair stylists and liquor stores. These seem to serve the citizens of Brookfield and surrounding towns reasonably well, although all are drive-to destinations fronted by large parking lots. Missing is a pedestrian friendly area where people can walk around, visit a multitude of varied shops or offices and stop in for a meal, a coffee or an ice cream. The vision of a...
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By Joe Rocky
(Coldwell Banker - McCaffrey Professionals)
Brookfield Lions Club Supporting Brookfield Community Brookfield is a lovely residential community at the northern end of Fairfield County CT. Bordered by two manmade lakes (Candlewood and Lillinonah) it is home to about 16,000 people, who work in Brookfield, neighboring towns, Westchester and even New York City. Recent Real Estate activity has been written about periodically (see Brookfield Danbury Area Real Estate Prices – March and First Quarter; written April 2, 2011) One of the factors that makes Brookfield special is a high level of community involvement; in many of the organizations found in other communities as well. Brookfield people do care about their town and work to make it better. Rather than go on in general about the collective effort, the blog will go into some detail a...
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By Joe Rocky
(Coldwell Banker - McCaffrey Professionals)
Brookfield Danbury Area Real Estate Prices – March and First Quarter. Brookfield Danbury Area Real Estate Prices – March and First Quarter. Brookfield Danbury Area Real Estate Prices are shown graphically here. The Danbury area includes nine towns; Bethel, Bridgewater, Brookfield, Danbury, New Fairfield, New Milford, Newtown, Sherman and Southbury. Except for Bethel these towns all border Candlewood Lake, Lake Lillinonah or both. The Brookfield graph continues to show the effects of a small sample size. Whereas the January median price shot up to $570,000 because five of the seven properties sold were priced over $500,000 (not a typical mix in Brookfield) and for February three of the four transactions were priced under $400,000; all seven of the March sales were priced under $500,000. ...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Brookfield, Connecticut Real Estate Update January , 2011 Closed home sales in Brookfield, Connecticut:  Single Family Homes:  There were 7 single family home sales closed in Brookfield, CT. The median closed sales price was $570,000. On average, these homes sold for 97% of their final list price.  Days on Market average 252 days of market time. This compares to 10 closed sales in January, 2010, with a median closed sales price of $425,000. Condos:  There were 4 condominium sales closed in Brookfield, CT.  The median sales price was $207,500.  This compares to 4 closed sales in January, 2010 with a median sales price of $172,250.     Currently available homes for sale in Brookfield, Connecticut: Single Family Homes:Currently, there are 89 single family homes for sale in Brookfield, CT.L...
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By Joe Rocky
(Coldwell Banker - McCaffrey Professionals)
My Brookfield CT Woodpecker Adventure This is about My Brookfield CT Woodpecker Adventure. I was interested to read Cindy Westfall’s blog titled “Wascally Woodpecker..a Pileated Woodpecker comes to visit my West Linn Oregon backyard”. Although she was bugged by the sound of Woody pecking on metal, things could have been worse. I always enjoyed his New England cousin tapping on an old dead tree in nearby woods; until the tree was cut down and he started tap, tap, tapping on my house and the neighbors. I don’t know if it was one or more. I never saw more than one at a time. He picked out favorite spots near the top corner of upper floor windows (maybe so we would be sure to hear him in the bedroom). He formed perfectly round holes about the size of a silver dollar. He pulled out fiberglas...
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By Joe Rocky
(Coldwell Banker - McCaffrey Professionals)
Handicapped Realtor® in Brookfield CT I am a Handicapped Realtor® in Brookfield CT. I posted a few weeks ago about being a Realtor® with a disability. Being paraplegic is a handicap but not life threatening and, I hope, not career threatening. However, sustaining a severe spinal cord injury does present its problems and it is wonderful to have the support of others to help you get your feet on the ground, so to speak. This post is to acknowledge the tremendous support I have received from my Broker Linda McCaffrey owner of McCaffrey Realty Professionals in Brookfield CT; fellow agent Cathy Westervelt; all the other folks at McCaffrey and importantly, Realtor® community overall in the Brookfield / Danbury CT area. Linda and Cathy were among my first visitors at the hospital after my acci...
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By Linda McCaffrey
(McCaffrey Professionals of Coldwell Banker Residential)
The Business Plan of New Agent Kevin. It is 2011 and where does a a first  year rookie Realtor start with a plan?  First,  I needed to identify my ideal client.  I sent out a letter to limited people(about 100) that I am a full time Realtor.  The theme of letter was "I am your home counselor".  My philosophy in serving a client's needs is from a hyper local perspective.  It is about knowing and being able to establish value based on local conditions and knowledge.  I will give advice to homeowners based on the local factors that impact the value of a home so the price can be selected and together we can develop the best marketing strategy to get it to sell to the Right buyer at the Highest price possible. My ideal client is local and may actually stay local.  That will include move up, ...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Finding Your Move Up Home in Brookfield,CT Stony Hill Road area of Brookfield CT: Welcome to Park Lane: The Park Lane & Parkwood subdivisions in Brookfield,CT  offer quality move in homes designed for today’s  lifestyles. Located on Park Ln and Parkwood Drive (which are located across the street from each other), the area is designed for commuters only minutes to both exit 8 or 9 on I-84.   The neighborhood of 23 homes is right down the road from the Berkshire Corporate Park. Homes Feature: · Built between 2000-2004 by Steiner  · 2000 to 2700 square feet ·4 bedroom colonials with 2.5 baths  · Lovely 1 acre lightly wooded lots · Both streets are cul de sacView Current Listings!  Jonathan Hall - (203)796-7700 | call or text me on my cell phone (203)417-0523 danburyrealestate@gmail.comwww....
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Finding Your Move Up Home in Brookfield,CT Stony Hill Road area of Brookfield CT: Welcome to Dairy Farm Estates: Dairy Farm Estates is a lovely a cul de sac development in the Stony Hill Road area of Brookfield, near the Newtown and Bethel town line. This quiet and established community of 48 homes is ideal for commuting, with exit 9 only 3 minutes away as well as shopping along Stony Hill Road in Bethel, with stores including Big Y, Starbucks, Target and Walmart. Streets in the neighborhood are Dairy Farm Rd, Guernsey Road, Newman & Nancy Ln. Homes Feature: · Two Phases: 1985-1987, and 1999 to 2002 · 1800 to 4640 sq ft, averaging 2500 sq ft  ·3 to 6 bedrooms, primarily 4 bedrooms · Lovely 3/4 acre to 1 acre lots · Large town owned open space area at the rear to the development Sales In...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Finding Your New Home in Brookfield,CT Stony Hill Road area of Brookfield CT: Welcome to Carriage Homes on the Pond: Geared toward buyers seeking generous living spaces without all the maintenance associated with a single family home, the Carriage Homes on the Pond fits the bill. Located with 3 minutes of exit 9 off in I-84 in the town of Brookfield,CT, Carriage Homes on the Pond is not an age restricted community. This intimate cluster is made up of 24 well built homes with sizing ranging from 2000 square feet to 3300 square feet, with most homes offering 2800 square feet. The monthly homeowners association dues of $250 a month cover snow and landscaping. The homes are located on Black Swan Court & Carriage House Lane. Homes Feature: · Completed between 2003 & 2004 by Charter Group · 4...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
Brookfield, CT is located directly to the north east of Danbury. Brookfield offers residents a major commercial shopping along Federal Road, frontage on 2 lakes and well kept quiet residential neighborhoods. For Sale: Active Listings # of Condos For Sale Average Days on Market 0-$200,000 12 64 $200,001-$250,000 9 115 $250,001-$350,000 7 164 $350,001+ 9 289 Total 37   The average listing price for a condo in Brookfield  is $284,427 with and has been on the market 150 number of days. Sales Price Range # of Condos Sold Average Days on Market Average Listing Price Average Sales Price 0-$200,000 15 122 $171,587 $158,697 $200,001-$250,000 3 85 $258,267 $242,333 $250,001-$350,000 2 97 $334,450 $315,000 $350,001+ 0       Total 20 114 $200,875 $186,873 Across the board, the average condo in Broo...
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By Marvin Beninson, Grtr Danbury/Ridgefield, CT + Grtr Orlando. FL.
(Keller Williams Realty)
The Shadow Inventory: How will it affect the Brookfield Real Estate Market  There is a hidden demon out there that can have a drastic effect on the market as we know it.  This demon is something called The Shadow Inventory.  You may be wondering what it is and how will it affect the Spring Real Estate.  The shadow inventory is made up a four basic types of properties.  These types are pre-foreclosure, bank owned properties, auction properties and government owned properties.  These properties are not on the market currently but are likely to come on the market in the Spring.  Currently there are between 300-400 properties in the shadow inventory in Greater Danbury.  These properties fall into the category of distressed properties and they will usually come onto the market at below marke...
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By Marvin Beninson, Grtr Danbury/Ridgefield, CT + Grtr Orlando. FL.
(Keller Williams Realty)
      Sell Your Brookfield, CT Home in the Spring?!  Sell your Brookfield, CT Home in the Spring?!  I have been on quite a few Market Analysis lately where potential sellers have been told that it's better to Sell Your Brookfield, Ct Home in the Spring?! Some thought that they read it in the newspaper(Is there such a thing as a Newspaper these days?), some were actually told by another Realtor(believe it or not)and some just think that Spring has always been the very best time to sell.  Let's see if we can put some plusses and minuses down and see where we end up. Currently we have the LOWEST INTEREST RATES IN HISTORY.  Interest rates have an inverse relationship with price.  That means that THE LOWER THE INTEREST RATE THE HIGHER THE MARKET PRICE FOR HOMES.  We also know the the Governm...
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By Marvin Beninson, Grtr Danbury/Ridgefield, CT + Grtr Orlando. FL.
(Keller Williams Realty)
  The Five Reasons Your Brookfield, CT Home Didn't Sell The Five Reasons Your Brookfield, CT Home Didn't Sell---It's never a good feeling when your house has been listed for 90 to 180 days and it expires without being sold.  You wonder where you went wrong.  The problem is that most of the time there is nobody to turn to who will give you honest answers.  UNTIL NOW THAT IS............................... Basically there are only FIVE REASONS WHY YOUR HOME DIDN'T SELL.......   LOCATION---We can't change the location but we certainly discuss how this will affect the marketability of your home.  We will come up with a marketing strategy that will MAXIMIZE YOUR LOCATION.  CONDITION---YOU NEVER GET A SECOND CHANCE TO MAKE A FIRST IMPRESSION.  The Beninson Associates offer all of our clients a...
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By Marvin Beninson, Grtr Danbury/Ridgefield, CT + Grtr Orlando. FL.
(Keller Williams Realty)
I Fell off of the Wagon at Mega CampI had accepted the 30 BLOGS IN 30 DAYS CHALLENGE and was mowing em down one day at a time and had just written my day 13 blog when something out of the great state of Texas came along and bit me right in the fanny.  It was a four day event called MEGA CAMP.  This is a gathering of close to 11,000 Keller Williams agents from all over our country who get together once a year in Austin, Texas to network, see the latest technology at a trade show and learn from some of the best agents in the Real Estate business.  It was four days jam packed with all sort of tips and ideas to grow your business from Keller Williams agents who were more than happy to share some of their greatest marketing techniques.  The Keller Williams culture is all about "the more you ...
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By Marvin Beninson, Grtr Danbury/Ridgefield, CT + Grtr Orlando. FL.
(Keller Williams Realty)
Beware Active Rain Adiction Day 12- I'll take a Mulligan Today is my birthday and I am off to spend some time with my wife and daughters.  My neice also just had a baby so there seems to be a hour and a half ride (both ways) in the making too.  I will attempt to write a proper blog later tonight if I can.   Funny how the world doesn't stop just because it is your birthday.  I have to give a client an opinion of value on two rental properties..  one is a Rental Property in New Milford and on is a Rental Property in Brookfield.  The Rental Property in New Milford is a three bedroom two floor apartment in a Two Family home.  The Rental Property in Brookfield is a three bedroom two bath with a two car garage near Candlewood Lake.  It is being totally redone and will look like new when it is...
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By Marvin Beninson, Grtr Danbury/Ridgefield, CT + Grtr Orlando. FL.
(Keller Williams Realty)
Beware: Active Rain Addiction Day 10  A Crazy little thing called Mega Agent Camp I am going to Mega Agent Camp next week and I wanted to take a few minutes to reflect on the first Mega Camp that I went to two years ago.  I had been with the same company for over ten years and was sure that this was the only company for me.  I had been recognized ten years in a row, by this company, as a top producer.  I had owned my own franchise for five years and I had just sold it and joined the company that I sold it to as an agent.  I was only there for six months when a good friend of mine asked me if I'd like to go to Mega Camp.  Of course, I had no idea what Mega Camp was but my friend was raving about it.  Of course, you must realize that we had been trying to recruit each other to our respect...
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By Marvin Beninson, Grtr Danbury/Ridgefield, CT + Grtr Orlando. FL.
(Keller Williams Realty)
Beware: Active Rain Addiction Day 9 "Mamma's don't let your kids grow up to be Realtors!?" I have been a Realtor for the past 27 years and have enjoyed the highs and the lows.  My wife has been my Real Estate partner for the bulk of these years.  We go on listing presentations together but we usually work with buyers separately.  We have been blessed with two daughters who have helped out in the business from time to time by stamping envelopes, puttting out Open House signs and answering phones etc...They have both taking their Real Estate Principles and Practices courses but neither one has yet to get their license.  I have to say that my wife and I have mixed emotions about this.  The Real Estate business has enabled us to go to most of the school plays, field trips, school ski trips ...
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By Marvin Beninson, Grtr Danbury/Ridgefield, CT + Grtr Orlando. FL.
(Keller Williams Realty)
Beware: Active Rain Addiction Day 3  Well we got up early this morning to beat the traffic and drive the hour and a half back to the sunny Western Ct area where we call home. The view of the lake was so great in the morning that I thought I'd share it.  Hard to believe that yesterday we were at the site of the Woodstock Concert. Of course there was that fasbulous lunch at Bubba's Barbeque(wifi and all). We're definitely back to the real world......today I went into the office, negotiated an offer on a short sale listing that I have in Bethel, presented an offer on a foreclosure in Newtown, had a walk through and a closing for a condo at Stony Hill Village in Brookfield, took some pictures for a BPO in New Milford and met with an owner looking to sell her home in Brookfield.  Oooops I al...
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