Connecticut Real Estate News
Tuesday, January 26, 2010
RealtyQuest December 2009 sales report
24 single family homes closed in December 2009
Highest Price:
40 Goodwives River Rd $2,850,000 Market time 550 days
Lowest Price:
69 Sedgewick Ave $409,000 Market time 30 days
Monthly Darien Stats:
Average selling price: $1,187,062.
Median Selling Price: $984,500.
Average selling days on market 170.
Average percentage of asking price 93%.
In December 2009, twenty four single family homes sold in Darien, 18 more than the month before. The number sold is seventeen more than sold in December 2008, and the dollar volume of sales is 228% more than December 2008. The month to month average and median selling price of a single family Darien home are down for this month, compared to last month.
For a complete list of Darien CT homes for sale, please call RealtyQuest at 203-656-4993 or visit http://www.realtyquest.com/
posted by David Epprecht at 7:01 PM
Wednesday, December 30, 2009
Three Good Reasons to Trade Up Now!
Today's real estate market conditions provide a rare opportunity for selling your home and trading up. Prices are bottoming and interest rates are low. Banks are lending money to buyers that are qualified. Here are 3 good reasons why you should consider trading up now:
- The Home Buyer Tax Credit - Available for a limited time only, the Home Buyer Act provides an $8,000 dollar credit to first time home buyers and a $6,500 credit to "move up" buyers who purchase before April 30th 2010. The act makes your home more affordable to home buyers as long as they close before the deadline. Selling and then buying your next home now allows you to benefit on both sides of the transaction. For more info on the Tax Credit, click and check out my blog, Connecticut Real Estate News.
- Mortgage interest rates are historically low - For the next few months mortgage interest rates will remain low, but most economists believe that rates will be going up as the economy gets better and the Federal Reserve stops supporting some of the secondary mortgage markets. This opportunity to mortgage at cheaper rates will not last forever. The difference in the cash spent to pay off your loan will add up quickly. For example on a $500,000 loan, a mortgage interest increase of only one percent costs more than $110,000 in extra interest payments over the life of the loan. Use our mortgage calculator to see for yourself!
- A profit when you sell - When prices appreciate and you trade up in price, the same percentage price appreciation gives you a greater dollar appreciation than you can earn on your current home. Think forward to five years from now and real estate has appreciated 20%...Keeping your old home that you could have sold for $375,000 gains you $75,000. Trading up by purchasing a new home for $750,000 gains you $150,000. Trading up while the market is down makes you an extra $75,000 from the transaction. Waiting for the market to appreciate before you upgrade will cost you an extra $75,000!
The bottom line is that if you can afford to trade up today you have a lot of options to choose from when selling your home and buying a new one. Whether you want to buy a bigger, better home or not - whatever your goals are - now is the time to get your home on the market!
Click here for a complete list of Connecticut homes for sale.
Labels: CT Real Estate, home buying, home selling, trading up
posted by David Epprecht at 8:17 AM
Sunday, December 13, 2009
RealtyQuest Agent Diane Jenkins Joins New Canaan Board of Realtors
RealtyQuest is pleased to announce that agent Diane Jenkins has joined the New Canaan Board of Realtors. A New Canaan resident and an active full time Realtor with RealtyQuest, Ms. Jenkins focuses on residential real estate in New Canaan and the surrounding lower Fairfield County area. "Diane's commitment to New Canaan and her enthusiasm for New Canaan Real Estate is of great added value for her clients and RealtyQuest", stated David Epprecht, Owner Broker.
Ms. Jenkins is also affiliated with the Consolidated MLS, the Mid Fairfield Board of Realtors and the Connecticut Association of Realtors.
RealtyQuest is a full service real estate brokerage firm with offices in Darien and Milford, CT and a team of professional real estate agents covering all of Fairfield and New Haven counties.
Diane Jenkins can be contacted at 203-656-4993 or with Diane.Jenkins@RealtyQuest.com.
Ms. Jenkins is also affiliated with the Consolidated MLS, the Mid Fairfield Board of Realtors and the Connecticut Association of Realtors.
RealtyQuest is a full service real estate brokerage firm with offices in Darien and Milford, CT and a team of professional real estate agents covering all of Fairfield and New Haven counties.
Diane Jenkins can be contacted at 203-656-4993 or with Diane.Jenkins@RealtyQuest.com.
Labels: New Canaan real estate
posted by David Epprecht at 4:48 PM
Wednesday, December 9, 2009
RealtyQuest Launches Real Estate Career Development Site
RealtyQuest, a full service real estate brokerage firm with home offices in Darien, CT, has launched CTRealtorCareers.com. The new Connecticut real estate training and career development site is designed to provide information and training for both active and prospective CT real estate agents.
Key features of CTRealtorCareers.com include:
- Real estate business planning software
- Business assessment tools for real estate agents
- On line real estate training and coaching
- Detailed real estate sales reports and techniques
- Important news announcements for real estate professionals
"Our new site CTRealtorCareers.com helps address every agents need for better real estate sales training," stated David Epprecht, founder of RealtyQuest. “Today's real estate agents need quick access to business planning software and agent training. Many agents are switching real estate companies today because they are looking for new ideas to help them develop their business and increase their volume. The business planning tools available at CTRealtorCareers.com and at RealtyQuest help to fill that need".
For more information please contact David Epprecht.
Email: David@RealtyQuest.com
Web: www.RealtyQuest.com
Phone: Toll free in North America: 1-800-656-4993
International: 1-203-656-4993 Fax: 1-203-656-1952
posted by David Epprecht at 12:17 PM
Tuesday, December 8, 2009
RealtyQuest November 2009 sales report
6 single family homes closed in November 2009
Highest Price:
473 Hollow Tree Ridge Rd $3,350,000 Market time 171 days
Lowest Price:
2390 Boston Post Rd $750,000 Market time 49 days
Monthly Darien Stats:
Average selling price: $1,489,166.
Median Selling Price: $1,223,500.
Average selling days on market 85.
Average percentage of asking price 94%.
In November 2009, six single family homes sold in Darien, 13 less than the month before. The number sold is one less than sold in November 2008. The dollar volume for November '09 is 4% less than the dollar volume for November '08. The month to month average and median selling price of a single family Darien home are down for this month, compared to last month.
For a complete list of Darien CT homes for sale, please call RealtyQuest at 203-656-4993 or visit http://www.realtyquest.com/
posted by David Epprecht at 6:26 PM
Monday, November 30, 2009
CT Realtor, Christi Farrington Joins RealtyQuest Team
RealtyQuest Real Estate Sales and Services is pleased to announce that Christi Farrington has joined their Darien, CT real estate office as their newest real estate sales associate. Ms. Farrington will be covering Darien, New Canaan, Stamford, Greenwich, Norwalk, Westport and the surrounding lower Fairfield County, CT area. She is a licensed Realtor in both Florida and Connecticut.
Ms. Farrington brings an extensive real estate and business background to her new position. Prior to working with RealtyQuest and becoming a Connecticut Realtor she sold real estate with the Sarasota, Florida office of Michael Saunders & Company, a prestigious real estate firm on the west coast of Florida. In addition to real estate, Ms. Farrington also founded and operated her own professional fitness training business for 17 years.
"Christi is a great addition to our team", stated David Epprecht, Broker Owner of RealtyQuest. "Her extensive real estate background and enthusiasm makes Christi a great choice for buyers or sellers of homes in our local Fairfield County real estate market".
Christi resides in Norwalk, CT with her husband, George. She is a graduate of the University of Houston where she graduated with a degree in Psychology. When not helping her clients find the perfect home she enjoys taking time for sports, reading, traveling and family.
Christi Farrington can be reached at RealtyQuest 203-656-4993 or by email with Christi@RealtyQuest.com.
Ms. Farrington brings an extensive real estate and business background to her new position. Prior to working with RealtyQuest and becoming a Connecticut Realtor she sold real estate with the Sarasota, Florida office of Michael Saunders & Company, a prestigious real estate firm on the west coast of Florida. In addition to real estate, Ms. Farrington also founded and operated her own professional fitness training business for 17 years.
"Christi is a great addition to our team", stated David Epprecht, Broker Owner of RealtyQuest. "Her extensive real estate background and enthusiasm makes Christi a great choice for buyers or sellers of homes in our local Fairfield County real estate market".
Christi resides in Norwalk, CT with her husband, George. She is a graduate of the University of Houston where she graduated with a degree in Psychology. When not helping her clients find the perfect home she enjoys taking time for sports, reading, traveling and family.
Christi Farrington can be reached at RealtyQuest 203-656-4993 or by email with Christi@RealtyQuest.com.
Labels: Connecticut Real Estate, CT Real Estate
posted by David Epprecht at 11:37 AM
Thursday, November 12, 2009
RealtyQuest October 2009 sales report
Nineteen single family homes closed in October 2009
In October 2009, nineteen single family homes sold in Darien, 7 more than the month before. The number sold is six more than sold a year ago. The dollar volume for October '09 is 85% higher than the dollar volume for October '08. The month to month average and median selling price of a single family Darien home are down for this month, compared to last month.For a complete list of Darien CT homes for sale, please call RealtyQuest at 203-656-4993 or visit www.realtyquest.com
Highest Price:
61 Holly Lane $4,300,000
Market time 401 days
Market time 401 days
Lowest Price:
283 West Avenue $450,000
Market time 117 days
Market time 117 days
Monthly Darien Stats:
Average selling price: $1,549,505.
Median Selling Price: $1,249,000.
Average selling days on market 137.
Average percentage of asking price 93%.
In October 2009, nineteen single family homes sold in Darien, 7 more than the month before. The number sold is six more than sold a year ago. The dollar volume for October '09 is 85% higher than the dollar volume for October '08. The month to month average and median selling price of a single family Darien home are down for this month, compared to last month.
posted by David Epprecht at 9:12 PM
