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Archive for April, 2008

Home Sellers: Don’t Make This Mistake!

You just sold your house, well almost. An accepted offer means you’re on the 5 yard line… just a few yards from pay dirt. And if you’ve properly prepared for this day, the hard work is over. The only thing standing between you and the goal line is the buyer’s home inspection.

The inspector is searching for defects and systems that are either failed or likely to fail. As a seller, you want be sure that the home inspection doesn’t turn into “negotiation-round 2″. Or worse, a deal breaker.

Sellers: fix the issues before they become a problem and kill your deal. This YouTube video offers some good insight into what problems inspectors find most. View it now so you can be as prepared as possible to successfully market you home.

An Avoidable Deal Breaker in Ridgefield, CT

My own experience of the last 2 weeks drives this point home.

My buyer fell in love with a new real estate listing in Ridgefield. Even in this challenging market there was a competitive bid on this property and we ended up winning this house by paying over asking price. When the inspection uncovered some previously undetected termite damage, the deal fell apart and my buyer moved on to buy a different house.

Had the seller fixed the damage prior to marketing the house, it would have been no problem. By losing this buyer, the seller made it to the red zone but couldn’t score the touchdown.

Contact Brad or me and we’d be glad to help you eliminate inspection issues before they become a problem in selling your house.

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Spoken by Rob Gutman | Discussion: 3 Comments »

Ridgefield, CT Real Estate Market Report: Home Sales April 2008

Ridgefield, CT Real Estate Market: Sales

Ridgefield Real Estate Market Commentary

March is always a transitional month in Ridgefield. As the spring weather arrives in Connecticut, so do the home buyers. Contrary to the doom and gloom news reports, Brad and I have been working with buyers that are actually making reasonable offers and buying homes. In the past few weeks, several Ridgefield homes went under agreement within days of listing. No doubt that it’s a challenging market but this tells us that the good houses listed at realistic prices have no problems getting sold… quickly. Although buyers maintain a power position in the market, they are making buying decisions and will continue to do so.

Even with the current lull in transaction volume, the Ridgefield real estate market is certainly not on life support. Demand will always remain relatively strong here for several reasons: great schools, affordable homes, proximity to lower Fairfield County, Westchester County and NYC and an overall quality of life that people really, really enjoy. If you already live her, you know what I’m talking about.

Market Stats for Ridgefield CT Real Estate

The numbers say that Ridgefield real estate is still tracking behind last year. Inventories are a little higher (6%) and the number of single family home closings are down by 27% compared to March 2007. Over the next 8 weeks, we’ll see inventory climb (normal for this time of year). We never sell through all of these homes. This spring it will be the owners with realistic expectations that are going to be the most successful. For buyers, this market brings together three major factors in their favor: historically low interest rates, a great selection of homes to choose from and prices that are the most reasonable in recent memory.

Ridgefield, CT Real Estate Market: Market Summary

We are always available to help you understand what’s going on in today’s real estate market and what it means to you. We know the market numbers better than anyone and always make certain that our clients are armed with the most important market data and the best real estate advice to get the best deal possible. Contact us anytime to talk about your situation.

Ridgefield, CT Real Estate Market: Active Listings

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Spoken by Rob Gutman | Discussion: 2 Comments »

Getting Connected: Ridgefield, Wilton & Redding CT Utility Companies.

When you move to Ridgefield, Redding or Wilton, CT you’ll need to “plug-in” to the local utility companies that serve your town. Here are the main contacts to call to “turn you on” when you move -in!

Ridgefield Utility Companies:

Electric Service:

Connecticut Light and Power: Click Here For CL&P Website - Tel: 1-800-286-2000

Digital Television:

Comcast: Click Here For Comcast Website - Tel: 1-800-COMCAST (1-800-266-2278)

AT&T: Click Here For AT&T Website - Tel: 1-800-288-2020

Telephone Service:

Comcast: Click Here For Comcast Website - Tel: 1-800-COMCAST (1-800-266-2278)

AT&T: Click Here For AT&T Website - Tel: 1-800-288-2020

High Speed Internet Access

Comcast: Click Here For Comcast Website - Tel: 1-800-COMCAST (1-800-266-2278)

AT&T: Click Here For AT&T Website - Tel: 1-800-288-2020

Fuel Oil Supply

Casey Fuel: www.caseyfuel.com - Tel: (203) 438-6500

Branchville Oil: Tel: (203) 544-8460

Servco Oil: www.servcooil.com - Tel: (203) 762-7994

Montanari Fuel Co. : Tel:(203) 438-2688

Petro: www.Petro.com

Community Well Water 

Rural Water Company - Tel: (203) 744-5459

Trash Collection:

Country Disposal Co.: Tel: (203) 438-9500

Trojan Horse Sanitation: Tel: (203) 792-2525

Lostocco: www.lostocco.com - Tel: (203) 743-9940

Wilton Utility Companies:

Electric Service:

Connecticut Light and Power: Click Here For CL&P Website - Tel: 1-800-286-2000

Digital Television:

Optimum Cable: Click Here For Optimum Website - Tel: (203) 847-6666

AT&T: Click Here For AT&T Website - Tel: 1-800-288-2020

Telephone Service:

Optimum Cable: Click Here For Optimum Website - Tel: (203) 847-6666

AT&T: Click Here For AT&T Website - Tel: 1-800-288-2020

High Speed Internet Access

Optimum Cable: Click Here For Optimum Website - Tel: (203) 847-6666

AT&T: Click Here For AT&T Website - Tel: 1-800-288-2020

Fuel Oil Supply

Casey Fuel: www.caseyfuel.com - Tel: (203) 438-6500

Branchville Oil: Tel: (203) 544-8460

Servco Oil: www.servcooil.com - Tel: (203) 762-7994

Montanari Fuel Co. : Tel:(203) 438-2688

Petro: www.Petro.com

Trash Collection:

Country Disposal Co.: Tel: (203) 438-9500

Trojan Horse Sanitation: Tel: (203) 792-2525

Lostocco: www.lostocco.com - Tel: (203) 743-9940

Ferris Refuse Co.: (Wilton) - Tel: (203) 762-2746

Redding Utility Companies:

Electric Service:

Connecticut Light and Power: Click Here For CL&P Website - Tel: 1-800-286-2000

Digital Television:

Optimum Cable: Click Here For Optimum Website - Tel: (203) 438-7783

AT&T: Click Here For AT&T Website - Tel: 1-800-288-202

Telephone Service:

Optimum Cable: Click Here For Optimum Website - Tel: (203) 438-7783

AT&T: Click Here For AT&T Website - Tel: 1-800-288-2020

High Speed Internet Access

Optimum Cable: Click Here For Optimum Website - Tel: (203) 438-7783

AT&T: Click Here For AT&T Website - Tel: 1-800-288-2020

Fuel Oil Supply

Casey Fuel: www.caseyfuel.com - Tel: (203) 438-6500

Branchville Oil: Tel: (203) 544-8460

Servco Oil: www.servcooil.com - Tel: (203) 762-7994

Montanari Fuel Co. : Tel:(203) 438-2688

Petro: www.Petro.com

Trash Collection:

Country Disposal Co.: Tel: (203) 438-9500

Trojan Horse Sanitation: Tel: (203) 792-2525

Lostocco: www.lostocco.com - Tel: (203) 743-9940

Please use the space below to let us know your favorites!

Spoken by Brad Kimmelman | Discussion: No Comments »

Home Sales Roundup - Ridgefield, Redding and Wilton CT Real Estate - March 2008

Closings in March reflect home sales that were negotiated in the prior 30-90 days. Each of these transactions closed during the month. The list includes all of the single family home sales for Ridgefield, Redding and Wilton, Connecticut for the month of March 2008. Contact us with your questions regarding today’s shifting real estate market.

Closed Home Sales in Ridgefield, Redding and Wilton - March 2008

Street Number Street Name Town Bedrooms List Price Sale Price
7 GRANITE RIDGE RD REDDING 4 $399,000 $345,000
4 MALLORY LN REDDING 3 $685,000 $665,000
22 ORCHARD DR REDDING 4 $735,000 $690,000
7 SPORT HILL RD REDDING 4 $749,000 $743,000
7 WINDY HILL RD REDDING 5 $1,069,000 $995,000
38 UMPAWAUG RD REDDING 5 $1,499,900 $1,425,000
9 LAUREL HILL RD RIDGEFIELD 3 $449,900 $404,000
151 NORTH SALEM RD RIDGEFIELD 3 $459,900 $450,000
16 TOPCREST LN RIDGEFIELD 3 $475,000 $475,000
32 RIDGEBURY RD RIDGEFIELD 3 $529,900 $505,000
22 COOPER RD RIDGEFIELD 3 $635,000 $600,000
205 NOD RD RIDGEFIELD 4 $699,000 $659,000
8 HUNT CT RIDGEFIELD 4 $709,000 $685,000
208 MIMOSA CIR RIDGEFIELD 5 $799,000 $750,000
9 SCOTT RIDGE RD RIDGEFIELD 4 $799,000 $755,000
226 WEST LN RIDGEFIELD 4 $799,000 $799,000
10 ARMAND RD RIDGEFIELD 4 $864,500 $835,000
106 HIGH RIDGE AVE RIDGEFIELD 4 $999,900 $950,000
118 FLORIDA HILL RD RIDGEFIELD 4 $1,149,000 $1,100,000
36 OLD TROLLEY RD RIDGEFIELD 5 $1,299,000 $1,225,000
178 OLD BRANCHVILLE RD RIDGEFIELD 5 $1,969,000 $1,900,000
105 NOD HILL RD RIDGEFIELD 6 $2,495,000 $2,300,000
3 BITTERSWEET TRL WILTON 3 $599,000 $563,000
61 CHERRY LN WILTON 3 $659,000 $635,000
157 CHEESESPRING RD WILTON 3 $750,000 $750,000
110 THUNDER LAKE RD WILTON 4 $799,745 $778,500
34 SHADOW LN WILTON 4 $2,350,000 $2,100,000

Click Here to Search All Homes Currently For Sale

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