Norwalk Connecticut Market Trends January 2013   Norwalk is back to being a Buyer’s Market and prices are still declining. The ratio of List to Sales Price is still good at 95%. NORWALK INVENTORY NORWALK SALES HOTTEST HOMES IN NORWALK What homes are most in demand by buyers in Norwalk? The sweet spot in the market is for 3 bedroom homes with a list price of $400,000-425,000. They tend to be on the market 112 days and sell for 95% of list price. Originally posted at: www.fairfieldcountyshoreline.com   03/17/2013

Open House This Sunday!! March 10th  From 1pm-4pm 130 MAIN STREET  A2 NORWALK, CT 06854 FABULOUS TOWNHOUSE / CONDO This is a  3 bedrooms, 2 bath Townhouse /Condo.   This 3 bedroom condominium was completely remodeled 4 1/2 years ago.  There is a Huge master suite with large walk-in closets and enormous master bath.   Lots of storage space! The large kitchen has granite counter tops, new cabinets and stainless steel appliances.  There is a large grassy cookout area in this great complex. Come see this townhouse/condo for sale in Norwalk, CT!! This Townhouse/condo was built in 1880, it has all the charm of a Victorian style antique home but it is totally updated with modern amenities.  The Condo is 1,473 sf, has central air, and is conveniently located near shops and commuting.   click h... 03/06/2013

Did I just do THAT?! With today's technology and texting being a primary source of communication with friends, family, business acquaintances, prospects, customers, clients; I find myself utilizing my cell phone to 'talk' with people via texting.  Oh my, the possibility of an entire new set of issues.  Not to mention, the abbreviations that still have me baffled and confused.  I find myself double checking what I just put in writing and to whom it is being sent. Did I just text a message that was meant for my Broker and was sent to my friend?  Or did I just text a message to my friend that was meant for a client?  OR did I just text a message that was meant for my Broker or friend and it was sent to my client?!  Has this happened to you?  Really?  Did I just send that message without lo... 03/03/2013

  February 2013 Real Estate Market Data for Norwalk, CT provided by Dagny Eason of Dagny's Real Estate Norwalk CT Number of Home Sales & Sales History Market Research Number of Sales 2011, 2012 and Current 2013 Comparison       Norwalk Sales by Price Point for 2011 and 2012  a Comparison   Currently in Norwalk... The Average Home Sale price in January in Norwalk was $496,273 and 39 homes sold.  There are 361 Active Homes on the Market and 111 Homes that are Pending. Norwalk Sales History In 2010, 736 Homes were sold, with an average price of $489,214.  In 2011, 634 homes sold with an average price of $495,813 and in 2012, 714 homes sold with an average price of $457,813.   Norwalk, CT  Statistics Population  85,603 Median Age  38.2 Median Household Income  $72,752 Median House/Condo va... 02/20/2013

Home Appraisal Process Step by Step. As real estate agents we understand the why what and when's for an appraisal done but let’s take a look at the process required to achieve the appraisal report. The Home Appraisal process of valuation is a long complicated set of procedures but here let’s try to break it down into eight basic elements from the appraiser’s point of view. 1. DEFINITIOIN OF THE PROBLEM. Identify the client and the intended user of the report. Identify the intended use of the report. State the type of value and which definition applicable. Effective date of the appraiser’s opinions & conclusions. Identify the characteristics of the property. Any extraordinary assumptions for the assignment? Any hyporthetical conditions for the assignment? 2. DETERMINE THE SCOPE OF THE WO... 01/31/2013

NORWALK Market Trends December 2012 Norwalk is now a Balanced Market favoring neither Sellers nor Buyers, but markets rarely stay balanced, they are always in transition towards a Seller’s Market or a Buyer’s Market.  The three month trend line looks like we may be going back to a Buyer’s Market after signals early in the year suggested we were on our way to a Seller’s Market.  The market has pulled back a bit in terms of sales, sale prices, and Days on Market, but some of that is seasonal.  The ratio of List to Sales Price is still good at 95%.  Norwalk Inventory Norwalk Sales Hottest Homes in Norwalk What homes are most in demand by buyers in Norwalk?  The sweet spot in the market is for 3 bedroom homes with a list price of $400,000-425,000.  They tend to be on the market only 119 day... 01/27/2013

Come see this wonderful 3 Bedroom Townhouse Open House 130 Main Street, A2 in Norwalk Ct - Fantastic!!! Open House!!!! This Sunday January 27 from 1pm-3pm 130 Main Street #A2 Norwalk, CT 06851 Fantastic 3 bedroom/2 bath townhouse -- completely remodeled four years ago. Huge master suite with large walk-in closets and enormous master bath.   Come on Sunday from 1-3pm, Dagny Eason will show you this Charming Townhouse  with great amenities!! Breakfast nook Living room Master bath Storage space Walk-in closet Dishwasher Dryer Microwave Refrigerator Stainless steel appliances Stove/Oven Washer Lawn Air conditioning Ceiling fans Central A/C Central heat Cable-ready Off-street parking Granite countertop Hardwood floor High/Vaulted ceiling Jacuzzi/Whirlpool Jetted tub   View Larger Map 01/25/2013

LED’s @ $10 in Connecticut.   At many retailers there is an instant rebate for LED energy efficient lights that make them super affordable. At Costco in Norwalk, Connecticut you can receive a 50% instant rebate on up to 20 count PAR 30 LED’s originally costing $19.99 but out the door at $10.00 each. But the real deal on this is that each bulb will produce the same amount of light of 75 watts bulb but using only 15 watts of electricity. On top of that the bulb will last up to 25,000 hours compare an average bulb lasting 2000 hours which is equivalent to about 22.8 years…. No more changing bulbs. if you do the math...... Installing 20 LEDs will cost you $200 and with the estimated saving over 22.8 years will average out to a little over $144 per year, a great ROI. LED’s are mercury free a... 01/17/2013

Connecticut Real Estate Broker’s Course in Wilton, Ct. January 17, 2013. The Real Estate University right on the Wilton/Norwalk border at Route 7 will be offering the 30 hour Appraisal Course starting Thursday January 23, 2013. This course is mandatory to satisfy the education requirements needed to obtain your Connecticut real estate broker’s license. To be able to qualify for a Connecticut Broker’s Real Estate license the Connecticut Real Estate Commission requires: Candidate must have a minimum of 2 years of experience as a licensed Connecticut salesperson before applying. Applicants are required to have sixty (60) classroom hours of Real Estate Principles & Practices and they must be completed after October 1, 1994 to be accepted. 30 Classroom hours of Basic Appraisal Principles or ... 01/17/2013

Sales Prices in Norwalk for the Past 3 Years & 4th Quarter Sales Analysis for Last 4 Years January 2013 Real Estate market data for Norwalk, CT provided by Dagny Eason of Dagny's Real Estate Average Sales Prices 3 Year Comparison by Month Sales Volume shown by PRICE The average sale price in 2010 was $489,214, in 2011, $495,851, and 2012 ended with an average of $457,813. Number of Homes Sold in the 4th Quarter (Oct., Nov., Dec.)  2009, 2010, 2011, 2012    In the fourth quarter of 2012 there was a sudden rush to sell quickly before all of the tax laws changed.    Many made sure that they were in a good position for Uncle Sam when he came knocking..... In Norwalk there was a rise in sales during 2012 over 2011.  Look at the chart below, in the last quarter of this year all home sales in ... 01/15/2013

Best Green Course In Connecticut. If you are interested in building green or achieving a sustainable lifestyle this course that I am recommending is one of the best offered in Connecticut but is also is offered throughout North America by different organizations and education centers. How do I know? I have literally attended hundreds of hours of ‘Green’ classes, lectures, tours and continuing education seminars and this one is a must for individuals, homeowners, builders, project managers, architects and anyone else interested in green building, sustainable practices and healthier living conditions. The course is offered by Norwalk Community College (NCC) under the Extended Studies GREEN program and the course is titled “LEED Green Associate Core Concepts” taught by instructor William J... 01/11/2013

NORWALK Market Trends November 2012 Norwalk is still in a Buyer’s Market but the indicators over the past six months were pointing towards a more balanced market.  The market has pulled back a bit in terms of sales, sale prices, and Day on Market, but some of that is seasonal.  The ratio of List to Sales Price is still very good at 96%.  NORWALK INVENTORY NORWALK SALES NORWALK'S HOTTEST HOMES What homes are most in demand by buyer in Norwalk?  The sweet spot in the market is for 3 bedroom homes with a list price of $375,000-400,000.  They tend to be on the market only 109 days and sell for 96% of list price.   12/29/2012

Building New with Easy, Economical and Efficient Homes.     Building new does not have to be expensive when you take the whole house approach with integrated design. This is the foundation of eco-building that can lead to an easy to build and energy efficient home.   In 2011 Alaska disaster relief officials needed to build nine replacement homes in a short period of time on a limited budget. They turned to the Cold Climate Housing Research Center, CCHRC for an easy, economical and efficient solution. The nine homes ranged from studio size up to four bedrooms and CCHRC came up with an innovated framing truss design that incorporated roof, walls, floors in a single truss. The single-truss design allowed the homes to be framed in just one day and virtually eliminates thermal bridging plus ... 12/11/2012

  Norwalk CT Market Data                                                                                                   See More About Norwalk         Norwalk CT GEO Code     View Larger Map 11/21/2012

NORWALK Market Trends October 2012 Norwalk is still in a Buyer’s Market but the indicators over the past six months were pointing towards a more balanced market.  Over the past three months the indicators are moving back towards a stronger Buyer's Market.  The ratio of List to Sales Price is good at 95%.  However, prices have declined over the past three months, so signals of a recovery are mixed.  There are fewer sales at the high end of the market. Over the past 12 months 9 homes over $2 million have sold, but in the past three months ony one home over $2 million has sold.  The lowest sale over the past 12 months was $85,000 and the highest sale was $4.6 million.  The median sale price was $415,000. What homes are most in demand by buyers in Norwalk?  The sweet spot in the market is f... 11/13/2012

Karen Haas, Owner, CertaPro Painters® of Norwalk, CT gives ideas about imaginative paint patterns. Many bright and imaginative decorating ideas come to life easily with painted surfaces such as the ones shown in the following photos. It will take planning and a little bit of prep work to mask the walls or shelves but the results will be great. Karen Haas, CertaPro Painters® of Norwalk, CT, explained several techniques that homeowners really enjoy when they’ve made the decision to depart from the traditional. “People really like the vertical stripe effect shown here,” said Haas,“The cream and gold painted panels that decorate the dining room really transforms the area, especially when morning sunshine floods the space." There is another technique for homeowners seeking something more ima... 10/30/2012

NORWALK Market Trends September 2012 Norwalk is still in a Buyer’s Market but the indicators over the past three months are pointing towards a more balanced market.  The ratio of List to Sales Price is very good at 96%.  However, prices have declined over the past three months, so signals of a recovery are mixed. NORWALK INVENTORY NORWALK SALES HOTTEST HOMES IN NORWALK What homes are most in demand by buyer in Norwalk?  The sweet spot in the market is for 3 bedroom homes with a list price of $400,000-425,000.  They tend to be on the market only 94 days and sell for 97% of list price.   10/13/2012

The Fall real estate market has arrived in Norwalk CT.  Homes are selling and the inventory is changing. In the month of September, 30 single family homes sold, ranging from a two bedroom one bathroom Colonial home which sold for $158,000 to a Rowayton waterfront beauty with 6 bedrooms and 3.5 bathrooms, 4,388 square feet which sold for $1,852,000. Here's the other price point breakouts: Currently there are 390 single family homes on the market in Norwalk CT.The least expensive is a bank owned 2 bedroom/ 1 bathroom house for $150,000. The most expensive is a private Belle Island direct waterfront estate, with 5 bedrooms, 5 full bathrooms and 2 powder rooms, asking price $7,800,000. Other price points... Homes are selling as there are currently 84 homes on which the contracts have been s... 10/08/2012

OPEN HOUSE 130 Main Street, A2, Norwalk, CT, Sunday, Sept. 30, 1-4pm Open House at this fabulous condominium at 130 Main St, unit A2, in Norwalk, CT this Sunday, September 30, from 1-4pm. This is in one of the original beautiful old victorian buildings that lined Main Street from years ago.  It was completely renovated and remodeled four years ago, but the solid plaster walls remain. The large kitchen boasts granite counters, new cabinets and stainless steel appliances.  The charming and very large master bedroom has two walk-in closets and an oversized full bath with jacuzzi tub and a shower. Also a nice yard where you can barbeque and walk your dog! Great location! Close to all shopping and transportation.  A fabulous condo for a first time home buyer! Open House at 130 Main Street, A... 09/29/2012

OPEN HOUSE 130 Main Street, A2, Norwalk, CT, Sunday, Sept. 30, 1-4pm Open House at this fabulous condominium at 130 Main St, unit A2, in Norwalk, CT this Sunday, September 30, from 1-4pm. This is in one of the original beautiful old victorian buildings that lined Main Street from years ago.  It was completely renovated and remodeled four years ago, but the solid plaster walls remain. The large kitchen boasts granite counters, new cabinets and stainless steel appliances.  The charming and very large master bedroom has two walk-in closets and an oversized full bath with jacuzzi tub and a shower. Also a nice yard where you can barbeque and walk your dog! Great location! Close to all shopping and transportation.  A fabulous condo for a first time home buyer! Open House at 130 Main Street, A... 09/14/2012