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Market Conditions in New Haven County : Real Estate Advice

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  • Local Info0
  • Home Buying9
  • Home Selling3
  • Market Conditions0

Activity 24
Thu Mar 28, 2013
Connie Pereira answered:
Hi Bill- It was nice speaking with you today. I hope the information I gave you was useful. If you have further questions about this home or any others, please do not hesitate to contact me.

Thank you!
... more
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Thu Mar 14, 2013
Cynthia Lombardo answered:
$4275. per Town Card. Please let me know if you would like to see this property.
0 votes 1 answer Share Flag
Tue Mar 5, 2013
n.surprenant asked:
This question was asked from http://www.trulia.com/property/4308174-35-Bassett-St-New-Haven-CT-06511
0 votes 0 Answers Share Flag
Tue Mar 19, 2013
Ceil Jones answered:
Call Carol Reilly at Coldwell Banker 203-887-7589 Sylvan Point Condos specialist. She lives in the complex and can answer all your questions.
0 votes 1 answer Share Flag
Thu Jun 13, 2013
Carol Farmer answered:
It depends on the time of year. The Spring and Summer markets are the most active months and rentals can go quite quickly. Other factors: Is it an annual rental? Furnished or unfurnished? North or south end of town? Does it have AC? Beach rights? ... more
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Wed Dec 11, 2013
Joe Fasone answered:
If you are still looking that is info that should take no more than 5 min should you still need it
0 votes 1 answer Share Flag
Thu Jul 19, 2012
Cedric McNeil answered:
Taxes are $5778 and condo fees are 285. Unfortunately this unit is under deposit. Can I help you with locating a home North Haven and surrounding?
0 votes 2 answers Share Flag
Thu Jun 7, 2012
David Carr answered:
The average North Branford residential listing price of $316000 has been on market an average of 97 days. But real estate is not average; your property is unique and only comparable to other similar properties. Your day on market depends on the marketing and asking price. Don't make a mistake believing the agent who says your house will sell for more than other ones like it, s/he will soon be asking for a reduction when nobody comes to look. I will obtain highest value in the shortest time with no BS, Dave Carr 203.654.2905 ... more
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Tue May 15, 2012
Benjamin J Shoemaker answered:
Gordon,

You will need to give me an address if you are referring to a particular home...

I would be happy to answer your question once you do, or you can go to

http://gis.ci.meriden.ct.us/meriden/LaunchGIS.aspx#/TaxMap

and enter the address there to see if the property was forclosed on and who owns it currently.

Thanks, and let me know if you would like to speak with me about how I can help make your next move as sucessful and stress free as possible.

Benjamin J Shoemaker,
Broker/Owner
Alpha Real Estate & Valuation LLC
... more
0 votes 2 answers Share Flag
Thu May 3, 2012
David Carr answered:
As your buyer agent I will evaluate your subject property in realtion to the current Madison inventory, then we will develop a plan to negeotiate a successful transaction. There are multiple level;s on which we can interpret value and communicate that to the seller. David Carr, REALTOR Since 1996 203.654.2905 ... more
0 votes 7 answers Share Flag
Thu Apr 26, 2012
Ken D'Ademo answered:
Milford is a very diverse town. You have not provided enough information, like address, listing number, single family , etc. Being that you have asked this question I would recommend you hire a REALTOR, to show you properties that will fit your budget, and needs. It does not cost you anything. Probably not what you want to hear, but they are the professionals and know each area of Milford and the price point.
If you need a referral let me know, my team in Milford can help you in your search.
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0 votes 1 answer Share Flag
Tue May 31, 2011
Lori Stenbeck answered:
Yes, Diane! There are currently 23, 3 bedroom rentals available in Branford for both condos and single families. Ranging in price of $1000 a month to $44,000 a month for summer rentals! Hope this helps! ... more
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Sun Jan 16, 2011
Neto Minchillo answered:
Fri Nov 19, 2010
Rich Persico answered:
You will always pay a premium to be on or near the water but with the current market conditions there are deals to be had.
0 votes 3 answers Share Flag
Mon May 24, 2010
Dana Voelzke answered:
Hi Keith,
I can only respond for my area, Greater Danbury, but so far this year there were 534 sales of single family homes and condos, of which 19.7% were distressed. 15.2% were bank foreclosures, and 4.5% were "short sales". I know that many people have been frustrated with short sales for the past two years, however, they are getting easier and they are also closing much faster.

It is really important that homeowners in difficult financial straits be aware of this, and also the CT State foreclosure mediation program. Here is a blog post about it for further details.
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0 votes 2 answers Share Flag
Thu Feb 25, 2010
None answered:
Anthony,
It is unclear when the market will hit bottom, when it will turn, and how long it will take to reach current values when it does. If you wait 4-7 years, your home may still be worth the same amount it is worth today, and you will have lost the use of the money raised from the sale of the home. It also prolongs your financial involvement with your ex-spouse. If you need to sell your home due to an upcoming divorce, I'd suggest getting it listed for sale as soon as possible, before the spring market rush.

Depending on the location of your home, it may be more desirable to hold onto the property and rent it. There are few 4-bedroom homes for rent in Milford, and a rental of this size could command a good amount of money. This would also allow you time to settle up your estate. But if you and your ex are ready to sell, I would not hesitate to put your home on the market. Many things can happen in 4-7 years time, and you can only accurately predict what a home is worth today.

Please contact me with any other questions. I'm a full time agent on the CT Shoreline and have experience with estate & forced sales.
Regards,
-Scott


Scott Silverstone
Page Taft Real Estate
203-815-9118
Scott@CTProperty.com
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0 votes 4 answers Share Flag
Thu Mar 7, 2013
Pmk answered:
As both a homeowner and a lawyer, I wouldn't recommend that you buy a home for just 2 years. If you add up the closing costs for a buy and a sell, plus homeowner's insurance, taxes (they're high) and no guarantee that there will be much appreciation, you're better off renting. Rentals are fairly reasonable and you'll have your choice of neighborhoods.

It's hard to manage a rental from a distance and is not recommended.
... more
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Thu Sep 19, 2013
Jack Mulrooney answered:
Hi Woodbridge, Unfortunately, it is likely your house has gone down in value in a big way. Maybe as much as 30%.

Facts such as condition and curb appeal are major factors that can effect the overall value. Also, many of the homes on the market today are not up to snuff with competition in surrounding areas. When buyers looked in specific towns Woodbridge had special things to offer. Now with new buyers willing to commute a little and shop a lot, Woodbridge has to get more competitive with surrounding towns.

Without knowing your specific house, I can say that in Woodbridge, most homes would do better with targeted improvements and upgrades to match what is selling in the market.

Please feel free to ask more specific questions.
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0 votes 4 answers Share Flag
Mon Dec 21, 2009
Susanwagner answered:
Branford is a smaller area than East Haven and is further from New Haven. You will find the prices of homes along the shoreline going east will also start to be in a higher price range. There are homes in that price range of $100K to $250K but there will be fewer.

Susan W.
Prudential Ct Realty Madison Ct
... more
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