If current historical low interest rates do not get your of the fence of renting here in Connecticut….
And if the tax deductions of mortgage interest and property tax do not interest you in purchasing a home then maybe…….
This recent article on how “Renters Outspend Owners on Housing” might make you think twice about staying a tenant. The Real Estate Economy just posted a very informative article by Steve Cook on how renters are now spending 5% more of their household budgets on housing costs than homeowners.
Click here to read more.
William Raveis has an easy to use Rent Vs. Buy?Calculator to help to show you the difference of costs.
To see current mortgage rates here in Fairfield County, Connecticut and to use the mortgage calculator to figure out your payments click here to go to the Mortgage tab.
Fairfield County Ranks Among Best Places To Live In Connecticut.
The November 2011 issue of Connecticut Magazine has just published “Rating the Towns 2011” for the state. Many of Fairfield County’s towns have ranked high in the list, with Greenwich, Westport, Ridgefield and Weston leading the way in their groups. Many other Fairfield towns are in the top five such as Darien, New Canaan, Wilton, Stamford and Danbury. The ratings are on five criteria:
The Goals of Food Day on October 24, 2011 are to bring awareness to what we eat and where it comes:
Darien, Ct Homes Under $1 Million.
Today on the Darien MLS there are currently 154 single family homes listed for sale with 9 four bedrooms homes being offered from $585,000 to $1,000,000. One of these homes was a surprising well maintained four bedroom home for under $850,000 on 0.90+ acres was on tour this morning and is a must see for anyone considering Darien, Connecticut. Continue reading
Fairfield County, Connecticut 3rd Qt Housing Report, 2011.
October 10, 2011
The average sale prices year to date (YTD) of single family homes seem to be holding their own in Fairfield County, Connecticut compared to last year, running from the low positive single digit numbers to just bouncing on the negative side. Wilton and Norwalk are leading the charge at 8.45% and 8.36% respectively and on the opposite side of the spectrum you have Rowayton and Bridgeport down 10.72% & 11.80% respectively. Just after Bridgeport the town of Sherman has seen a dramatic drop YTD of 30.47% with a total of 16 sales YTD.
Year to Date Unit Sales of single family homes are showing a wider percentage swing with Riverside Neighborhood, Greenwich up 31.88% and on the opposite side are Easton and Sherman at -35.38% and -36% respectively. Greenwich, Fairfield and Stamford all have over 400 unit sales YTD with Norwalk and Bridgeport in the 300+ unit sale range.
October 10th, 2011
Market housing data for single family homes in New Canaan, Connecticut.
New Canaan, Connecticut 3rd quarter results saw an increase in median sales price of 10.3% to $1,658,000 with a total of 63 unit sales compared to 80 sold units in 3rd quarter 2010.
For the month of September New Canaan had a 22% increase in sales compared to September 2010 but along with that came a 7.2% decrease in median sales price of $1,530,450 and a small increase in inventory of 257 which compares to 261 in 2010.
October 10, 2011
Market housing data for single family homes in Rowayton, Connecticut.
Rowayton had 1 sale in September at $742,500 but as of today according the the Greater Fairfield County MLS there are 8 other homes under deposit and 66 single family homes for sale.
During the 3rd quarter Rowayton had 8 sales which are down from the 16 sales for 3rd quarter of 2010 with an average sales price of $1,164,125 compared to $1,587,969 of 2010.