Darien, CT Real Estate News

By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Building America Solution Center From Department of Energy. The Building America Solution Center website provides professionals accurate and unbiased building science, technology and energy efficiency documents, CAD files, case studies, references and more. The Home Solution Center website is free and is broken up into a number of easy to navigate pages: Checklist Manager ~ provides links to the technical guides and checklists that correlate with the Energy Star Qualified Home program Version 3.  Included in these guides are: Thermal Enclosure HVAC System Raters checklist Water Management HVAC installer contractor checklist Component Explorer ~ provides guides in subcategories and corresponding components in categories helpful to building energy efficient homes: Whole House Performance ...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Bridgeport ~ Stamford ~ Norwalk, Ct. has Highest Density of High Income Families.   The U.S. Census Bureau just released its report ‘The Geographic Concentration of High-Income Households: 2007-2011’ with the Bridgeport-Stamford-Norwalk, Connecticut region having the highest concentration. The census report finds that 17.9% of households in the area have incomes in the top five percent nationwide which is above $191,469 per year. San Jose-Sunnyvale-Santa Clara, California came in second with 15.9% Washington-Arlington-Alexandra, DC-VA-MD-WV came in third with 14.1%. On a state-by-state basis, Connecticut has the third highest concentration of the ultra-wealthy at 9.5 percent, behind Washington, D.C. at 11.4 percent and New Jersey at 9.8 percent. Click here to read full article ‘Area has...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Renter's Survey 2013 InfoGraph ~ Former Owners Choosing to Rent. Apartments.com conducted it's annual nationwide survey on more than 1,300 renters to gain insight of where the 2013 rental market is heading. See Inforgraph below for results. The average monthly apartment rental cost in the U.S. up 3.8 percent from a year earlier in Q4 2012 and the nation's apartment vacancy rate continued a steady decline to 4.5 percent in Q4 which is the lowest vacancy rate level in more than a decade. Through the survey it was found out that a growing number of former homeowners are choosing to rent rather that re-purchase. The main reasons were: employment relocation cost savings economic factors:- affordability employment Home-ownership expenses raising.     Click here to read full press release at t...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Green Tip #5 ~ Efficient Clothes Washer. If you think about how long it would take to wash clothes by hand then you will appreciate how hard your washer needs to work and now the next question should be how efficient should it be? When buying a washer there are two specifications you should look at, the amount of electricity it uses and the amount of water the machine uses. To help you gauge the difference between each appliance there are two rating systems: EnergyStar helps you decide by rating the washer for you, to qualify as an Energy Star washer it needs to have a Modified Energy Factor (MEF) of 2.0 or greater and a Water Factor (WF) of 6.0 or lower. (1/1/2011). The Super Efficient Home Appliances Initiative by the Consortium for Energy Efficiency (CEE) a nation, non-profit public ...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
DARIEN Market Trends December 2012   The Darien market is ending the year with an interesting twist.  The number of sales are down, but average prices are up.  That can only mean that high end sales homes had a strong showing at year’s end.  With only 4.67 months of inventory (the 12 month figure is used for the absorption analysis), it is now officially a Seller’s Market! (Less than 6 months of inventory indicates a Seller’s Market.) Prices are higher than they were a year ago, and days on market and the List/Sale Price Ratio have leveled off.  In retrospect, it looks like the Darien market hit bottom in the Q1 2012 and the market recovery is underway.  Darien Inventory Darien Sales Hottest Darien Homes What homes are most in demand by buyers in Darien?  The sweet spot in the market is...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
 New build homes for January 2013 in Darien, Connecticut. With the New Year comes some new homes and here in Darien, Ct your have your selection from: A high end 62 home community with pool and club house The state of the art energy efficient, healthy environmental "Green Home". You are wanting the custom delux of homes.   New Construction Homes ~ Darien, Ct.David Popoff Newsletter | January 24, 2013 3 Kensett Lane #3Darien, CT Price | Beds | Baths | Sq. Ft. $1,300,000 3 2.1 3,306 333 West Avenue ~ Noroton Green.Darien, CT Price | Beds | Baths | Sq. Ft. $1,295,000 3 3.1 3,000 358 Hoyt StreetDarien, CT Price | Beds | Baths | Sq. Ft. $1,399,000 4 3 3,500 312 Noroton AvenueDarien, CT Price | Beds | Baths | Sq. Ft. $2,295,000 4 3.2 5,745 New Home Construction in Darien, Connecticut for the ...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Cost Vs. Value of Home Improvements 2013. Remodeling Magazine has its 2013 Cost vs. Value report out and it shows a positive sign for the remodeling industry with the national average of cost-value ratio rising for the first time in six years. The national data of the Cost vs. Value report compares the average cost of 35 popular remodeling projects with the value of those projects retain at sale. You can view national data for the projects or go to regional data for a more detailed look as well as mid-range vs. high-range remodel values. The report is broken up into nine regions for the United States: East:                           New England Middle Atlantic South: South Atlantic East South Central West South Central Midwest: East North Central West North Central West: Mountain Pacifi...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
What Was Required to Get a Mortgage in 2012? ~Infograph. Ellie Mae tells it all on what it took to get a mortgage in 2012 in this easy to read InfoGraph. Ellie Mae is a leading provider of on demand automated solutions for the residential mortgage industry and the report draws data from a significant volume of loan applications, more than 20% of all originations in the United States. To read more the 2012 Origination Insight Report and Year End 2012 averages click here to go to the Press Release from January 16th, 2012.           David Popoff is a certified “Green” Realtor in lower Fairfield County, Connecticut. cell 203-228-0646 email DavidPopoffCT@hotmail.com     DMK Property Management llc is locally owned company serving lower Fairfield County, Connecticut. Specializing in Residenti...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Property Check List ~ Homeowners, Landlords, Tenants. by DMK Property Management llc, Darien, Ct. Owning property is a full time business and having check lists will help. Here is an annual property checklist that you can customize to fit your property that will work for Homeowners, Landlords and Tenants. A well maintained property will help avoid:- expensive repairs.                                                    provide safe living conditions. will keep tenants happy. maintain the value of the property. maximize rental potential.     January Gather prior year tax information. Prepare and mail 1099’s February Check current rents values for New Year. Send reminders to tenants on renewal of lease. March Daylight Saving time starts, change batteries in smoke detectors. House & yard pr...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Numbers Do Not Lie, Green Building = Saved $$$. The numbers do not lie; we doubled the size of our 1400 square foot home in Connecticut and with easy to use Green Building practices and technology back in 2008 and the result are that we lowered our heating bill by over 15%. Our average oil consumption over 2 years (2011 & 2012 compared to 2005 & 2006) was lower by over 30% while doubling our living space. We did add an efficient gas fireplace that provides heat and once that is taken in our heating bill is still 15% lower than before the addition. What did we do? The original home was built in 1928 but all the windows had already been replaced with thermal pane units and all the doors had weather stripping. On the original home we blew in fiberglass insulation into the 2 by 4 walls and ...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
When Should You Hire a Property Management Firm? By DMK Property Management llc, Darien, Ct.      First of all let’s look at what a property management firm can do for you. Most property management companies can custom tailor their services to your requirements and can include these services: Market your rentals. Property check list reports. Deal directly with tenants. Collect rent. Handle maintenance and repair issues. Respond to tenant complaints. Help with the eviction process. Provides property management experience. Property Management Companies are independent contractors and not employees.   When should a Landlord hire a property management company? There are many factors to consider, here is a list to help you decide when hiring a property management company. You are not near yo...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Darien, Connecticut Year End 2012 Real Estate Market Report for single family homes compared to 2011 show a 23.3% improvement in homes sold.  Along with that average days on the market decreased by 5 days and yet average sale price was down 8.7%. When you dig a little deeper the average size home was about 5% less in 2012 (3,266 sq.) to that of 2011 (3,438 sq. ft.).   Currently there are 90 single family homes listed for sale on the Darien MLS down from a yearly average of 175 to 200 listings. Currently prices are ranging from $365,000 for a 1,200 sq. ft. Ranch on 0.27 acres up to $26,000,000 for an 8,800 waterfront estate on 5.25 acres.            For further information about homes in lower Fairfield County, Connecticut call David Popoff at William Pitt Sotheby’s International Realty ...
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By David Epprecht
(RealtyQuest Real Estate Sales and Services)
In November 2012, 4 properties were rented in Darien, 2 fewer rentals than last month. This is 3 fewer closed rentals than in November of 2011. The range of prices for active rentals is the same as last month, from $2500/month for a 2 bedroom cape on Relihan Road to $16,000/month for a stately, 6 bedroom, brick colonial overlooking a golf course and a lake. As of December 29, 2012, there are 27 active rentals in Darien with an average list price of $5,294. Properties Rented in Darien - November 2012 Address BR/BA List/Rent Price DOM 21 Herman Avenue 3 BR / 2.1 BA $3,295 / $3,150 86 9 Holmes Court 4 BR / 1.1 BA $3,500 / $3,500 101 18 Five Mile River Road 4 BR / 2.1 BA $6,000 / $5,000 11 518 Hoyt Street 4 BR / 3.1 BA $5,900 / $5,800 95 Statistics courtesy of the Greater Fairfield County C...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
My Top 10 ActiveRain Posts 2012. Every New Year I share my top 10 ActiveRain posts for the year. It is always interesting to see which ones get the most activity.  I will be ranking them by the number of Clicks they get since clicks are defined as  the number of times someone has clicked through to your blog instead of just viewing in in the general blog roll which is counted as a View.  In General the top ten posts of 2013 for me ended up dealing in these topics: Real Estate      ~  4 posts Hyper Local     ~  3 posts Active Rain      ~  2 poists Green Related  ~ 1 post       Date                     Title                                                      Comments/Views/Clicks/Short URL clicks 01/03/2012 Improve Your ActiveRain Blogging SEO With Twitter. 44 1284 995 45   01/13/2012 D...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
DARIEN Market Trends November 2012 The Darien market is showing seasonal signs of slowing down.  With only 6.3 months of inventory (the 12 month figure is used for the absorption analysis), it is almost a balanced market.  (Less than 6 months of inventory indicates a Seller’s Market.) Prices are higher than they were a year ago, and days on market and the List/Sale Price Ratio has leveled off.  Darien sales increased in number and price during the Spring market, but have come down a bit in the Fall.  In retrospect, it looks like the Darien market hit bottom in the Q1 2012 and the market recovery that began in Q2 2012 has slowed down for seasonal reasons.  This may set the stage for a good Spring market in 2013.  DARIEN INVENTORY DARIEN SALES DARIEN'S HOTTEST HOMES What homes are most in...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Merry Christmas and Happy Holidays ActiveRain.       Twelve drummers drumming,  Eleven pipers piping,  Ten lords a-leaping,  Nine ladies dancing,  Eight maids a-milking,  Seven swans a-swimming,  Six geese a-laying,  Five golden rings,  Four calling birds,  Three French hens,  Two turtle doves,  And a partridge in a pear tree.
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Become your “go to” Local Green NAR Realtor.                                            Municipalities and States are adopting new building and energy codes that take advantage of the building science and technology advancements in today’s world. No matter what your role is in real estate transaction, an NAR Green Designee can help you distinguish fact from fiction and make education decisions about: green materials, energy-efficient technology, green ratings, green design, sustainable living, incentives and more! Once you have your NAR Green Designee here are some tips on how to become your local “go to” expert for green real estate and a sustainable healthy lifestyle.                                                ~ Start a Green Website/Blog that provides links, promotes local busine...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Home Sales Up, Market Report for Darien, Ct.  November 2012. With only a few weeks left in 2012 let’s take a look on how single family home sales have done in Darien, Connecticut. Year to Date, Year over Year total dollar volume sales are up 9.5% with over all homes sold up 20.4%. Yet average sales prices are down 9% from an average of $1,682,391 in 2011 to $1,530,772 in 2012. Part of the reason for this decline is that the average home size is down 200 square feet from 2011 of 3,798 sq. to 2012 of 3,598 sq. Looking at an average square foot price of sold single family homes in Darien: 2011 YTD was at $477.09 2012 YTD is at $461.15 Another good sign for the Darien housing market is that the average days on the market for a listing is down 5.1% from 2011.    David Popoff is a Connecticut...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Darien Rental Market Report 12-12-12 Year to Date there has been 92 homes rented on the Darien MLS in Connecticut. The average home is a 4 bedroom, 2 bathroom home with average square feet of 2,703 at a price of $5,103/month. Currently on the Darien MLS are 21 homes for rent ranging from a 2 bedroom, 1 bath, 924 sq. cape style home being listed at $2,500 up through to a 6000 sq. ft. Colonial with 5 bedrooms, 4 ½ baths listed at $16,500. The average price of these 21 homes is listed at $6,027 with 4 bedrooms, 3 bathrooms and with an average square footage of 2,965. To view current homes for rent on the local MLS click here on this free and easy to use link provided by William Pitt Sotheby’s International Realty in Darien, Ct.        For property management, weekly home check-in service, ...
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By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Modern Mediterranean bordering Country Club Fairways In Darien, Ct. 7,222 square foot Modern Mediterranean home on 2.84 acres bordering the fairways of the renowned Wee Burn Country Club is now being offered for sale by William Pitt Sotheby’s International Realty in Darien, Connecticut. With vaulted ceilings and floors of natural onyx this custom built home is full of natural sunlight provided by the oversized windows is a true retreat.  This 5 bedroom, 5 ½ bathroom home comes with a Master suite, Office, Bar Room, Game Room, 3 car garage, pool and more. Offered at $2,595,000. CLICK HERE TO SEE FULL LISTING.    
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