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What’s My Home Worth?
One of the first steps in deciding to sell is determining what your home is worth. Take advantage of today’s great conditions and find out what your home could be worth.
You can do research yourself, but just be sure you are comparing apples to apples. Homes that sold more than six months ago, and homes that are different sizes and configurations than your own are going to be viewed differently. Just start searching for homes in your town by using our Listing Search to the right.
You can also request a free, no obligation Comparative Market Analysis of your home’s value. This free market analysis is powered by real-time home sale prices and up-to-the-minute data so that you can receive the most accurate estimate.
Our custom evaluation for your home, includes comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. Use our Seller Tools to find out what your home is worth in today’s market.
Furniture For Sale
Beautiful furniture for sale, brands include Restoration Hardware, Pottery Barn, Lazboy and Macy’s. All furniture less than year old and must be sold, so present offers! Click photo for price and brief description, for more information, please call Nancy at 203-482-0323.
Danbury Seeing Strong Interest from Buyers
Connecticut’s housing market is healing and Danbury home buyers express strong interest as they look for houses for sale. There are more buyers than sellers, but we expect the housing inventory to increase as Spring approaches. Now is the best time to list in order to take advantage of the buyers searching for their dream home.
More positive trends were evident that the market is healing with 19 of the top 20 metro regions showing price increases in December, 2012. Also, foreclosure rates in the Stamford-Bridgeport market (which includes Danbury) dropped 0.25 percent compared to a year ago.
We are seeing housing prices rise in Fairfield County and the Greater Danbury Area with the median sale price rising 2.4 percent. The number of house sales saw a 14 percent jump compared to January, 2012. These are all very positive indicators that the marketing is definitely turning. Consumers are more confident in the economy and are feeling more secure with their jobs.
Rents for apartments are on the rise and this may be one reason there are more buyers looking to buy rather than rent. Mortgage payments can be about the same or even less than monthly rent. Many people have been building up their money and now see this as a buying opportunity with interest rates still so low.
The Shops at Marcus Dairy
I can remember not long ago, going for an ice cream on a Saturday evening at Marcus Dairy and then taking a tour of the classic cars that would park on the grounds. That must have been where my son, Noah, got his inspiration for cars and the classics. Then on many Sunday mornings, you could hear the rumble of the motorcycles as they gathered at the famous dairy. Those days will be missed, but times have changed.
Opening soon at The Shops at Marcus Dairy will be Whole Foods, Eastern Mountain Sports and Petco. Sleep Number and Panera Bread are already open. Whole Foods should be open late spring or early sumer. With these changes brings more variety to the Greater Danbury Area. There have been about 50 new businesses that have opened in Danbury since December 2012. This is just another positive sign that economic times are changing for the better in Danbury.
I look forward to these new businesses and shopping in new stores as well as the opportunity that it will provide me to serve new employees that are relocating to Danbury or just want to move up and into a new home.
Photos by Amy Kundrat • Created with Admarket’s flickrSLiDR.
Spring Brings New Optimism
Could this be the moment where the housing market finally takes a turn for the better? I believe so, so do other realtors in and around all areas of the country. Spring is featured as being a time of growth, all things new begin in Spring. I believe this is the time when things are going to take a turn for the best. We here at Greater Danbury Homes have a wide selection of appealing homes that we believe is a right fit for new, and seasoned home buyers.
In a recent blog post, we talked about the job growth here in the Danbury area and we are pleased to know that our city is continuing to grow. With that we share the same optimism as many other realtors do in the housing market. We believe it’s only a matter of time before things really kick off.
I tell some of my clients “listen this home has a lot of potential, but it needs some TLC” (tender love and care). Maybe if we look at the way in which we buy homes, like this commenter stated in an interesting point during a recent article in NPR, “The New Rules of Homeownership in the 21st Century [J. Varnie Barker] discusses more sustainability in our finances and really zero’s in on creating wealth from our homes.” I think there are many ways we can look at that statement.
1) A potential “fixer-upper” might just be a great house to flip and resell for a better price.
2) A single family home with a basement that has bathroom connections, kitchen, and room for living could potentially be a money maker. You can renovate the basement, seal off the upstairs, and build new accesses for someone who could potentially rent the unit.
These are just two simple ways at looking at the overall potential of future home buying, and selling, and Spring is the best time to do it! Please leave your thoughts and comments below.