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Ridgefield, CT Real Estate News

By Maureen Maher
(William Pitt Sotheby's International Realty)
August was a sleepy month in the Ridgefield real estate market. Typically this is one of the slowest months of the year, but combined with mortgage market concerns, it seemed slower than usual. Even so, 30 homes took deposits in August, as opposed to 31 in July. There are fewer single family homes currently on the market, going to September (282, as compared to 303 going into August). 42 New listings came on the market in August, but keep in mind that some of these were expireds that were renewed as "new".If you are our client, you will be receiving a report on all the marketing that we have been doing on your home, and the results our marketing for the month of August. Keep in mind that pricing affects showings which, in-turn, affects offers.  The success of our marketing efforts will ...
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By Maureen Maher
(William Pitt Sotheby's International Realty)
Brad Kimmelman | NeumannReal Estate | 203-438-8000 35 Oscaleta Road, Ridgefield, CT Wonderful Rustic Retreat w/Pool! Must See! 2 Bdrm Single Family House offered at $668,000 Year Built 1942 Sq Footage 1,731 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 2 Parking 4 Uncovered spaces Lot Size 2.02 acres HOA/Maint $0 per month DESCRIPTION Originally owned by a Hollywood celebrity, this home will never be GABOR-ing! Wonderful cozy home on Ridgefield's Southwest side near the Westchester border. Cottage style and grace on 2 private acres on hillside. Perfect year-round hideaway, weekend retreat or first home. Beautiful vaulted ceilings, wood-paneled walls. The kitchen and baths were updated in 1990 and a beautiful stainless professional Wolfe stove was just added. The awning covered patio ov...
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By Maureen Maher
(William Pitt Sotheby's International Realty)
Brad Kimmelman | NeumannReal Estate | 203-438-8000 33 Oscaleta Road, Ridgefield, CT PERFECT NATURE LOVERS LIVE/WORK OPORTUNITY! 3 Bdrm Single Family House offered at $1,299,000 Year Built 1940 Sq Footage 2,741 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 2 Parking 4+ Car garage Lot Size 3.68 acres HOA/Maint $0 per month DESCRIPTION NY TIMES FEATURE HOME 7/01/07 Like luxury summer camp! This 3 BR, 2 BA home has it all; full handyman's workshop, pottery shed, barn & spa on 3.68 incredible acres made up of 2 seperate lots! If you've ever wanted to own your own nature reserve that is commutable to NYC, this is the place! There are distant views of Westchester County NY from multiple decks and rooms, even from the hot tub.Lush fields and gardens, surround this special property. The master ...
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By Maureen Maher
(William Pitt Sotheby's International Realty)
But we can still do very well.Being a Realtor in Ridgefield CT, it is difficult to navigate between the harsh reality of where our market is today and the expectations of buyers and sellers in the market. Much like the stock market, influences outside the market effect the activity within the market as a whole. As sellers we were very lucky up until 2005 to have a market that had steady price growth for 10+ years continuously. The fluctuation in pricing was "one way"...up. That combined with the excellent quality of life here in Ridgefield, the Ridgefield School system, and our proximity to New York City has kept our property values high and interest in Ridgefield consistent.Expectation for the growth in the market to continue at double digit annual increases is unrealistic. In 2005 the...
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By Maureen Maher
(William Pitt Sotheby's International Realty)
The Rainbow Lake Experience: by Brad Kimmelman, Neumann Real EstateAs a resident of Ridgefield Connecticut's Rainbow Lake, it astounds me how my life has taken a turn that I could not have dreamed of before purchasing my home on Rainbow Lake. As soon as we put our heads to the pillow on our first night here, we were so sure that we had made the right decision. Upon waking up for the first time, taking the first sip of hot morning coffee, and staring out at the pair of swans followed by their cygnets, we knew we had found a very special place. The first season we experienced on the lake was Autumn. The vibrant colored leaves falling gently on the water and ground was almost too breathtaking for words. Before the snow came, we were invited by the Lakes Association to the annual holiday pa...
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By Don Fabrizio-Garcia, Owner/Broker/Trainer - Fab Real Estate
(Fab Real Estate)
Newsweek Magazine recently ranked the Top 1,200 High Schools in America. Ridgefield High School in Ridgefield, Connecticut, was among these top schools. Ranking as number 444 in the nation, Ridgefield High School was number 3 here in Connecticut. Criteria used to rank the schools was Newsweek's own "Challenge Index," which factors in the number of Advanced Placement tests each school administers, divided by the number of high school seniors in the school. The creators of the "Challenge Index" claim that this ranking removes wealth from the equation, which usually results in higher test scores, and focuses on how the schools are preparing the students for college and life after high school.    Keller Williams CT RealtyCT Home Groupdon@FabRealEstate.comwww.FabRealEstate.com Ridgefield, Co...
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By Rob Gutman
(Keller WIlliams Realty)
Hey, quick, answer this question: What's a FICO?If you can't answer this question then you haven't checked your credit rating lately.  If your thinking of buying a new house, you need to be thinking about your FICO score.  Even if you're buying a year or 2 down the road.Your FICO score is an industry-standard creditworthiness rating that all major banks and mortgage lendors use to determine how much to loan you and what fees and interest rate to charge you for that priveledge.  It takes into account current debt load, payment history, curent credit applications, types of credit used...  basically everything having to do with all of your loans and credit cards and their history.Your FICO score is your key to getting a mortgage to purchase your dream home and keeping your interest rate as...
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By The HomeVision Group
(Keller Williams Realty)
We said this was the "best buy" and it must have been!  Sold in just one week!  88 Stony Hill Road, Ridgefield!  Nature Lovers will feel right at home the minute they enter this beautiful property. Bordered by woods and just a stone's throw from hiking trails, the location is convenient to commuter lines, schools and shopping.The spacious living area includes living room with fireplace, dining area with sliders out to large, private deck and kitchen with abundant storage. Downstairs you'll find a surprising amount of living space: family room with a second fireplace, office/den with deep closet storage, and a storage room that would easily expand the existing family room space.  A new hall bath offers the luxury of heated tile flooring.  This is a real find!! Contact The HomeVision Grou...
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By The HomeVision Group
(Keller Williams Realty)
  The dynamics of the real estate market constantly fascinate us.  Despite rumors of gloom prevalent in the media in the past 12 to 18 months, the law of Supply and Demand has not been revoked!  Demand in Fairfield County is driven by the perception of quality of life as well as the economic factors of low interest rates and full employment.  Closed transactions for Ridgefield single family properties increased by 16% in January 2007 compared to January 2006, and this is a very encouraging sign.We recently ran across some figures that tell an interesting story related to the affordability index.  In the last ten years, the price of chicken nationally has increased by 13%, eggs by 25%, and gasoline by 105%.  Conversely, a Lexus GS300 has decreased in price by 5%.  Since 1996 the median p...
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By The HomeVision Group
(Keller Williams Realty)
Ridgefield, established in 1709, is the quintessential "hometown" with its charming Main Street, playing firelds, hiking trails, ponds and streams.  Located approximately 55 miles northeast of New York City, Ridgefield is prized for its preservation effots, which have resulted in a charming town peppered with a generous sampling of vintage homes and enhanced by a rich social and cultural climate.                                                                  In 1777 Ridgefield was the site of the "Battle of Ridgefield" the sole land battle on Connecticut soil during the Revolutionary War.  In that battle, American Generals Wooster and Arnold (before he turned to the British) attempted to defend the town from the British Army.  Periodically, residents have reenacted this battle to the ...
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