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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)
Outstanding Units & Pricing Await You at Woodland Hills The Woodland Hills community offers spacious units, tons of amenities & very favorable prices.  Woodland Hills features 252 townhomes in 7 floors plans. Units start around 1700 square feet and go up to about 3200 square feet. Many homes feature hardwood floors on the main level, granite countertops & stainless steel appliances, and a walk in closet in the master suite.  Some units even feature a separate shower in the master suite. Completed in the summer of 2005, this community features a heated pool, walking trails, plus a top of the line clubhouse with indoor basketball court, fitness center & space to host family gatherings & parties.  There is a ton of shopping only 3 minutes away on Newtown Road, including Walmart, Target, an...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Danbury, Connecticut Real Estate Update July, 2009 Closed home sales in Danbury, Connecticut: Single Family Homes: There were 27 single family home sales closed in Danbury, CT. The median closed real estate sales price for single family homes in Danbury was $320,000.  On average, these homes sold for 94.6% of their most recent list price.Days on Market averaged 132 days of market time.  This compares with 43 closed sales in July, 2008, with a median closed sales price of $358,000. ***  What is interesting to note is that of these 15% of these sales were bank-owned foreclosure homes.   Condos:There were 36 condominium sales closed in Danbury, CT.The median closed sales price was $250,250.On average, these homes sold for 95.5% of their most recent list price.This compares with 29 closed s...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Danbury, Connecticut Real Estate Update June, 2009 Closed home sales in Danbury, Connecticut: Single Family Homes: There were37 single family home sales closed in Danbury, CT. The median closed real estate sales price for single family homes in Danbury was $315,000.  On average, these homes sold for 95.4% of their most recent list price.Days on Market averaged 179 days of market time.  This compares with 36 closed sales in June, 2008, with a median closed sales price of $345,000. ***  What is interesting to note is that 27% of these sales were either bank-owned foreclosure homes or short sales - more than 1/4 of all sales in Danbury were distressed sales.    Condos:There were 25 condominium sales closed in Danbury, CT.The median closed sales price was $255,900.On average, these homes so...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
  The Westwood Village condo community of Danbury does offer 5 floor plans for buyers to choose from. On top of great commuting location to New York, Westwood Village offers 2 community pool,s a playground as well as a dog park. Shopping and restaurants are right down the hill. There are two floor plans available in the 5 three story buildings located at the lower portion of the community.Dorchester 784 Sq. Ft.*, 1 Bedroom 1 Bath, Decorative Fireplace, Private Deck  Essex 1,039 Sq. Ft., 2 Bedroom 2 Baths Decorative fireplacePrivate Deck The next three floor plans are those for the majority of the complex.  Avalon 1,129 Sq. Ft. (Lower) 1,309 Sq. Ft. (Upper) 1 Bedroom 1 Bath Wood-Burning Fireplace Cantilever Deck w/ Slider Basements (Some are walkout)  Buckingham (the most available style...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
For a small city of about 75,000 residents, Danbury does offer a large variety of culinary choices.You are only a few minutes from a restaurant almost anywhere in Danbury's 40 square mile area. The city has the typically changes found across the country, including Applebees, Chili's, Outback Steakhouse, Red Lobster, Olive Garden, Subway, Wendy's & McDonald's. However, the majority of restaurant's are locally owned & operated.  There are plenty of locally owned Italian & Chinese restaurants to be tried. There are a few Indian & Asian restaurants, including Bombay (Pembroke Road), Koo (corner of East Pembroke & Hayestown Rd) & Pho Vietnam (Padanaram Road). There are at least 3 middle eastern restaurants, Hannah's (located along Lake Avenue), Vivianne's (on Tamarack Ave), and Sesame Seed (...
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By Andrea Kramer
(Prudential Connecticut Realty)
Maybe you did not know about Danbury   Connecticut's Favorite Milk Run You are a lean, mean cruising machine - a biker of stature among your peers. When you and your crew get ready to go on a run on a sunny Sunday afternoon, where are you going to go? Well, if you are like a lot of other New England bikers, you want to aim your headlight towards some smooth, curvy scenic roads, that ultimately take you to a place where refreshments are cold and the crowds are motorcycle types like huge ice cream sundae, a cold shake, or some chocolate milk really hits the spot after a long, hard day of carving up the road with the thunder of your mighty steed. Right? In the case of Marcus Dairy Bar Restaurant in Danbury, absolutely. What started as just a simple Sunday ride by a few guys from New Canaan...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
With the amount of short sales & foreclosures across the country & in the Greater Danbury Area, it is a good opportunity to pick up some real estate and rent out. There are several different calculators flouting around the internet & in books that have a bunch of different formulas that try to guide you in deciding if it is a good property to rent out or not. Here is a website that I found that is very helpful, because it not only talks about cash flow, but also any change to net worth. This should be not taken as tax or investment advice as you would get from your accountant, tax advisor or personal banker. Often times, there is a belief that you will get a better deal with a short sale or a bank owned property because it is a distress situation where they need to sell. In my experienc...
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By Andrea Kramer
(Prudential Connecticut Realty)
Danbury in Connecticut Danbury's Official Town Information and Demographics Nestled in northern Fairfield County and at the foot of the Berkshire Mountains, Danbury lies next to the New York State border and is often referred to as the "Gateway to New England." The hub of the Housatonic Valley Region and its close proximity to metropolitan centers, natural surroundings, many lakes and ponds, excellent school systems, cultural opportunities, health care facilities, low crime rate, quality of life, and real estate values make this a wonderful place to call home. It's been said that Danbury began when eight families came from the Norwalk and Stamford CT areas in 1685. They came to settle in Danbury which the Indians then called "Pahquioque" or "Paquiaqe" meaning open plain or cleared land....
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By Matt Listro, Your Credit Repair Expert
(National Credit Fixers - Matt Listro)
  Movie Review: Harry Potter and the Half-Blood Prince     The only thing I really enjoyed from this moview was seeing the cast all grown up.  So look at the picture above and you are all set (insert chuckle here). This movie was a thumbs down disappointment.  I liked the ones that came before it but this one just didn't measure up.  I kept waiting for the plot to develope or a storyline to emerge but this movie was more like a day in the life.  Unfortunately it was more like 2 hours out of my life! Save yourself the time.  Not worth the movie admission!  :)MattToll Free: 888-NCFIXER (623-4937)Toll Free Fax: 888-FAX-4020 (329-4020)Local: 860-282-6181330 Roberts Street 4th FloorEast Hartford, CT 06108  credit repair
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By Andrea Kramer
(Prudential Connecticut Realty)
Welcome to Woodland Hills! - Open House in Danbury Connecticut this Sunday Danbury's newest luxury neighborhood completed in the summer of 2005 - elegant townhomes situated in an attractive hilltop environment. With panoramic vistas, exceptional amenities and imaginatively designed interiors, Woodland Hills is truly a community that will meet all your expectations. Welcome home! Woodland Hills is located in the southern part of Danbury along the Bethel line. Shopping is minutes away on Newtown Road. Call Woodland Hills your home and you will enjoy the community amenities such as a swimming pool, tennis courts, health club, club house, playground, fitness center, walking trails.  7 Crestview Lane SOUGHT AFTER FENTON MODEL ON 4 LEVELS. SPACIOUS AND GRACIOUS LIVING WITH OPEN FLOOR PLAN, LO...
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When you are shopping for a home loan you will usually see rates quoted in two columns.  The first will say INTEREST RATE and the second will say APR - which stands for Annual Percentage Rate. What's up with that?  Shouldn't the interest rate BE the Annual Percentage Rate? In a perfect world it would seem so - but, alas it is not. The challenge is that this is one of those questions where if not explained simply, the answer can seem more confusing than the question.  At the end of the day, I really believe that it's one of those great mysteries of life that "they" will never share with us - the regular people. I do not claim to understand all the math  but what I can do is explain to you the theory behind why there are two figures and how you can look at both numbers in a way that can h...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Like most areas, Danbury, Connecticut homes sales have declined lately.  Along with declining home values, we are also seeing declines in the number of homes actually selling.  This graph shows the number of closed home sales in New Fairfield from the first half of 2000 (1H2000) through the first half of 2009 (1H2009). Single Family Homes:   Condos in Danbury have also shown a weakening market, with fewer condo units being sold, as evidenced in the following graph:   As is apparent from the graph, we are seeing far fewer homes selling than we have in the past.  While there appear to be indicators that the number of closed home sales may be about to begin increasing again, there is no indication that we will soon be going back to the high number of sales we have experienced in recent ye...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Danbury, Connecticut home prices have been declining lately.  This graph shows the median home sales prices in Danbury from the first half of 2000 (1H2000) through the first half of 2009 (1H2009).   Condos in Danbury have seen similar price declines, as evidenced by the following graph:     As is indicated by the above graphs, median home sales prices for single family homes in Danbury are roughly back at those we saw in 2003.  However, the median sales prices for condos in Danbury are back to their 2004 values.   This Market Report prepared by: Don Fabrizio-Garcia, REALTOR Real Estate & Appraisals 203.746.1199 Connecticut Real Estate and Homes for Sale Data compiled from the Greater Fairfield County MLS and believed to be accurate  
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
View Danbury Condos in a larger map With so many different condo & townhomes communities to choose from in Danbury, it is important to find one that best suites your needs in both unit design, community design, and neighborhood. Popular communities in Danbury include Sterling Woods, Lake Place, Woodland Hills, Kensington Woods, Lexington Mews, Barclay Commons and Westwood Village. I can show you all of the listings & communities to help educate you on the market and find the unit that best suites your lifestyle, budget & needs. I look forward to hearing from you. Jon
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By Rick Schwartz
(William Raveis Real Estate)
The first report from the National Association of Realtors June, 2009 telephone survey of 1,004 people is in. According to the interviews it seems that "most consumers are not aware of how affordable homes have become in today's market".  More data will be released later this week.  CLICK HERE to read the article from the Realtor.com.  
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
The Rivington community sits on 321 prime acres on the west side of Danbury in between exit 1 & 2 on I-84. The Rivington neighborhoods features decorative street lamp, neighborhood sidewalks, city water & sewer and underground utilities historically inspired community located on 321 acres on Danbury's West Side.There were initially plans for 3 different neighborhood: The Hills, Encore Rivington & the Village. However, only part of the Hills community was completed because of the housing market troubles in other of the developer's communities in other parts of the country. The original plans called for a community clubhouse for residents of all three communities to enjoying having a concierge, lounge with a bar, tennis club, heated pools and more! Currently, the Rivington Hills community...
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By Jonathan Hall, Realtor - Danbury,CT Area Real Estate~203-417-0523
(William Pitt Sotheby's International Realty)
The Village at Timber Oak is a special community of 328 townhome & duplex style homes in both Danbury and Bethel, Connecticut. Set on a 52 acre site, the community offers easy access to I-84, I-684, train stations, and is only minutes to local shopping in charming downtown Bethel and national chain stores along Newtown Road. The community features a spectacular outdoor pool with a sunbathing terrace, clubhouse with fully equipped health club, tennis courts and a charming park with a gazebo.Timber Oaks is eligible for FHA financing which allows for 3.5% down payments. In addition to new construction, there are a number of resale units which features upgrades & you won’t have to wait several months for your new townhome to be built. Please contact me for any promotions that the builder is...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Danbury, Connecticut Real Estate Update May, 2009 Closed home sales in Danbury, Connecticut: Single Family Homes: There were 25 single family home sales closed in Danbury, CT. The median closed real estate sales price for single family homes in Danbury was $265,000.  On average, these homes sold for 94.9% of their most recent list price.Days on Market averaged 121 days of market time.  This compares with 17 closed sales in May, 2008, with a median closed sales price of $339,000. ***  What is interesting to note is that of these 25 sales in May of 2009, 28% of these sales were bank-owned foreclosure homes - more than 1/4 of all sales in Danbury were foreclosure sales.  As foreclosure properties are typically priced just under market value, this can be seen to indicate why the days on mar...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Danbury, Connecticut Real Estate Update April, 2009 Closed home sales in Danbury, Connecticut: Single Family Homes: There were 24 single family home sales closed in Danbury, CT. The median closed real estate sales price for single family homes in Danbury was $341,500.  On average, these homes sold for 94.3% of their most recent list price.Days on Market averaged 204 days of market time.  This compares with 29 closed sales in April, 2008, with a median closed sales price of $320,000. Condos:There were 17 condominium sales closed in Danbury, CT.The median closed sales price was $242,000.On average, these homes sold for 94.8% of their most recent list price.This compares with 23 closed sales in April, 2008, with a median closed sales price of $270,000. Currently available homes for sale in...
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