Here are a few of my favorite pictures I have taken around the area, in New Milford and at Steep Rock in Washington, plus a few others! Enjoy.
Saturday, February 28, 2009
New Milford Weekly Market Watch
February 21 thru February 28, 2009 Market Watch
New Milford, CT
Single Family Homes
There are currently 261 active single family home listings in New Milford, CT.
Out of these, 7 are under deposit, lowest price $244,444, highest price $500,000
Average list price: $485,763, Average days on market: 140
There are currently 16 homes that are pending. The average list price of these is $255,143. Average days on market: 142
3 homes sold in the past week. Average list price was $506,217, average sale price $459,875, Average days on market: 356
Condominiums
There are currently 71 active condo listings in New Milford, CT.
Out of these, 4 are under deposit, lowest price $124,000, highest price $179,000
Average list price: $144,475, Average days on market: 93
There are currently 10 condos that are pending. The average list price of these is $170,930. Average days on market: 114
No condos sold in the past week.
Friday, February 27, 2009
I want a house but...
I prefer to think the market is righting itself, getting back on an even keel. I can't turn on the news and not hear how mortgages are impossible to get, homes prices are tumbling. While it is true that mortgages are no longer available to those who should not have had a mortgage in the first place, they are available. If you have taken care of your credit then it is very possible you can get a mortgage. And the best news for you, there are bargains to be had! So, what is it that stops you? I suggest that before you listen to the news you call a reputable mortgage banker and find out if you qualify. Start with our smaller, local banks. Ask about any first time home buyer programs they may have. Check online with the Housing Development Fund for their first time home buyer program. New Milford real estate has some great prices for the first time home buyer. Don't give up your dream because someone else told you that it is impossible. It is possible! Prices are down, interest rates are down, inventory is up. It is absolutely a buyers market!
Tuesday, February 24, 2009
Saturday, February 21, 2009
Market Watch for New Milford CT
What is happening in New Milford, CT? For a snapshot of today, here is what is happening:
Single Family Active Listings: 258, 9 of which are currently under deposit
Single Family Pending: 14
Condo, Active Listings: 71, 5 of which are currently under deposit
Condo Pending: 8
I looked at single family and condo sales, from 2006, 2007 and 2008. Here is what I found.
2008 SALES
SF Sold 210 (down 28% from 2007) Condo Sold 86 (down 32.2% from 2007)
Average Market Time
SF 139 days (up 21% from 2007) Condo 114 (up 28.08% from 2007)
Average List Price
SF $369,189 (down 14.79% from 2007) Condo $206,745 (up 1.78% from 2007)
Average Sale Price
SF $375,587 (down 9.94% from 2007) Condo $204,263 (up 2.26% from 2007)
2007 SALES
SF Sold 292 down 7.3% from 2006) Condo Sold 125 (down 2.3% from 2006)
Average Market Time
SF 115 days (up 23% from 2006) Condo 89 (up 25.35% from 2006)
Average List Price
SF $433,270 (up 3.14% from 2006) Condo $203,166 (up 8.4% from 2006)
Average Sale Price
SF $417,063 (up 2% from 2006) Condo $199,736 (up 8.6% from 2006
2006 SALES
Single Family Sold: 315, Av Market Time: 93, Av List Price: $420,066, Av Sale Price: $408,893
Condo Sold: 130, Av Market Time: 71, Av List Price: $187,425, Av Sale Price: $183,936
What does this mean if you are selling? You need to be aggressively priced, looking at the competition on a regular basis and pricing your house accordingly. You should be priced in the top 5 of comparable homes. Clean it up, stage the home, make sure you follow all the recommendations of a real estate professional in order to sell.
What does this mean if you are buying? With interests rates at an all time low it does make sense to buy now. If rates rise, and they will, it will make the lower prices of a home not as attractive in the long run. A higher priced loan means higher monthly payments!
Interested in searching for a home in the greater New Milford CT Area? New Milford CT Real Estate
Single Family Active Listings: 258, 9 of which are currently under deposit
Single Family Pending: 14
Condo, Active Listings: 71, 5 of which are currently under deposit
Condo Pending: 8
I looked at single family and condo sales, from 2006, 2007 and 2008. Here is what I found.
2008 SALES
SF Sold 210 (down 28% from 2007) Condo Sold 86 (down 32.2% from 2007)
Average Market Time
SF 139 days (up 21% from 2007) Condo 114 (up 28.08% from 2007)
Average List Price
SF $369,189 (down 14.79% from 2007) Condo $206,745 (up 1.78% from 2007)
Average Sale Price
SF $375,587 (down 9.94% from 2007) Condo $204,263 (up 2.26% from 2007)
2007 SALES
SF Sold 292 down 7.3% from 2006) Condo Sold 125 (down 2.3% from 2006)
Average Market Time
SF 115 days (up 23% from 2006) Condo 89 (up 25.35% from 2006)
Average List Price
SF $433,270 (up 3.14% from 2006) Condo $203,166 (up 8.4% from 2006)
Average Sale Price
SF $417,063 (up 2% from 2006) Condo $199,736 (up 8.6% from 2006
2006 SALES
Single Family Sold: 315, Av Market Time: 93, Av List Price: $420,066, Av Sale Price: $408,893
Condo Sold: 130, Av Market Time: 71, Av List Price: $187,425, Av Sale Price: $183,936
What does this mean if you are selling? You need to be aggressively priced, looking at the competition on a regular basis and pricing your house accordingly. You should be priced in the top 5 of comparable homes. Clean it up, stage the home, make sure you follow all the recommendations of a real estate professional in order to sell.
What does this mean if you are buying? With interests rates at an all time low it does make sense to buy now. If rates rise, and they will, it will make the lower prices of a home not as attractive in the long run. A higher priced loan means higher monthly payments!
Interested in searching for a home in the greater New Milford CT Area? New Milford CT Real Estate
Thursday, February 19, 2009
ActiveRain
Have you ever heard of ActiveRain? It is a great place to get all sorts of real estate information. Come on by and visit me there, get up to date tips from other professionals, add your own input if you like! I look forward to seeing you there! ActiveRain
Do You Drink Milk?
Do You Drink Milk?
Wednesday, February 18, 2009
Listingbook
Have you ever been frustrated when searching for a home on the internet? I would love to provide you with a FREE Listingbook Account. Search the MLS like I do! Just follow this link and sign up, and I will be happy to set you up with your very own account.
1. Set your own search criteria, change it as your wants/needs change.
2. Ask me questions about listings you might be interested in.
3. Get the address of the house you are interested in!
4. Get as many photos as I do, instantly.
5. Get area sales reports
6. Get a loan report
All online, all confidential. Please, go to http://www.andreaslistingbook.com
Sign up for your own account.
See you around!
Andrea Swiedler, REALTOR
Prudential Adams & Associates, REALTORS
203-460-1775
andrea@andreaswiedler.com
1. Set your own search criteria, change it as your wants/needs change.
2. Ask me questions about listings you might be interested in.
3. Get the address of the house you are interested in!
4. Get as many photos as I do, instantly.
5. Get area sales reports
6. Get a loan report
All online, all confidential. Please, go to http://www.andreaslistingbook.com
Sign up for your own account.
See you around!
Andrea Swiedler, REALTOR
Prudential Adams & Associates, REALTORS
203-460-1775
andrea@andreaswiedler.com
FIRST BLOG!
Interested in real estate in and around New Milford? Tune in, I will be giving you the latest stats for the area. Also, tips on buying and selling. I am also very interested in photography and will be posting some of my work here.
FIRST TIME HOMEBUYERS SEMINAR
I will be hosting another first time homebuyers seminar at my office in early spring. I will post the date asap. A representative from the Housing Development Fund will be there, Newtown Savings Bank, and local real estate attorney Ann E. Fisher will be presenting. Don't think that you can't buy a home. If your credit is decent, there very well could be a program out there for you. My daughter just bought her first home using the Housing Development Fund in conjunction with Newtown Savings Bank, what a great experience it was! She was eligible for down payment assistance from HDF, and combined with the loan from NSB her mortgage payment is GREAT!
Stay tuned for more information! I would love to hear from you!
FIRST TIME HOMEBUYERS SEMINAR
I will be hosting another first time homebuyers seminar at my office in early spring. I will post the date asap. A representative from the Housing Development Fund will be there, Newtown Savings Bank, and local real estate attorney Ann E. Fisher will be presenting. Don't think that you can't buy a home. If your credit is decent, there very well could be a program out there for you. My daughter just bought her first home using the Housing Development Fund in conjunction with Newtown Savings Bank, what a great experience it was! She was eligible for down payment assistance from HDF, and combined with the loan from NSB her mortgage payment is GREAT!
Stay tuned for more information! I would love to hear from you!
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