Hamden, CT Real Estate News

By Minna Reid, Associate Broker
(Killebrew & Company Realty, Inc.)
Hamden, Connecticut Real Estate Market Report: 2019 starts with some rough surprises for Hamden sellers:Want to know more about the market? Read more local market reports!  
Comments 1
By Matt Listro, Your Credit Repair Expert
(National Credit Fixers - Matt Listro)
What do you believe about the current market? Do you believe it is dead? Tough? A challenge on every front? Did you know that based on the most recent published numbers by the NAR, existing home sales are barely down from a few years ago level? NEW home sales are down dramatically but existing home sales are still quite strong. Now granted, those sales are happening at deeply discounted values but they are happening! That is a fact.Whether YOU close any of them though will depend on what you believe. You see, belief affects your income regardless of the facts. If you believe the market is dead, it is dead, despite the fact that the FACTS SAY OTHERWISE. Wild thought isn’t it. Whether you get your piece of the local real estate market will depend, almost exclusively mind you, on whether y...
Comments 2
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
  The next Quinnipiac Chamber Business After Work On January 15, 2015.  This Quinnipiac Chamber Business After Work will have a little different twist to it, it will be held at the TD Bank Sports Center in Hamden, CT and will include both a Quinnipiac College Women & Men Basketball game. So this is an excellent opportunity to not only network with other business professionals, but to also see two basketball games for free.  But make sure you register early by sending an RSVP to Brittany Bishop by send an email or calling her at (203) 269-9811.    Quinnipiac Chamber Business After WorkTD Bank Sports Center305 Sherman AvenueHamdem, CT Thursday, January 155:00 - 7:00 p.m.  Note:  Women's Basketball game vs Fairfield University at 5:00 p.m. Men's Basketball game vs rider University at 8:00...
Comments 10
By Edward Peterson, eDrake; CT
(eDrake)
$184,900, 2Bd/1Ba Single Family House, 1173 sqft.     Edward Peterson | eDrakeHome | 203-435-5010 60 Sunset Rd, Hamden, CT 06514 Quiet Neighborhood Cape- Buit-in Pool 2Bd/1Ba Single Family House   $184,900 Year Built 1947 Sq Footage 1173 sqft. Bedrooms 2 Beds Bathrooms 1 Bath Floors 3 Parking 4+ Garage Laundry In Unit Lot Size 7405 Square Feet Virtual Tour 60Sunset.eDrakeHo... DESCRIPTION OPEN HOUSE SUNDAY SEPTEMBER 28th 1-3. A Home for all Seasons - Better than a condo - your own pool, private yard, new kitchen & bath - corner, level quiet neighborhood home. A house can be improved the yard size or location cannot. Wood floors, updated kitchen, formal dining room. Vinyl fenced & gated yard. Beautiful in-ground pool with outside bar & patio. Heated lower level room for family or third ...
Comments 1
By Edward Peterson, eDrake; CT
(eDrake)
$184,900, 2Bd/1Ba Single Family House, 1173 sqft.     Edward Peterson | eDrakeHome | 203-435-5010 60 Sunset Rd, Hamden, CT 06514 Quiet Neighborhood Cape- Buit-in Pool 2Bd/1Ba Single Family House   $184,900 Year Built 1947 Sq Footage 1173 sqft. Bedrooms 2 Beds Bathrooms 1 Bath Floors 3 Parking 4+ Garage Laundry In Unit Lot Size 7405 Square Feet Virtual Tour 60Sunset.eDrakeHo... DESCRIPTION A Home for all Seasons - Better than a condo - your own pool, private yard, new kitchen & bath - corner, level quiet neighborhood home. Wood floors, updated kitchen, formal dining room. Vinyl fenced & gated yard. Beautiful in-ground pool with outside bar & patio. Heated lower level room for family or third bedroom. Newer roof, painted exterior, 1-car garage paved driveway. Great southern exposure.   H...
Comments 0
By Minna Reid, Associate Broker
(Killebrew & Company Realty, Inc.)
See Details View All Photos Request Showing Request More Info Map View Contact Agent   479 Pine Rock Avenue Hamden, Connecticut 06514 MLS#: G693770 $119,000 Single-Family Home Bedrooms: 3 Bathrooms: 1 Square Feet: 1130 Lot Size: .17 acres Year Built: 1949 School District: BOE View More Details Agent: Minna Reid Team Leader - Reid Real Estate Group 860 416 1255 Keller Williams Realty 29 South Main Street West Hartford CT 06107     Equal Housing Opportunity
Comments 1
By ReadySetLoan Condo Approval Team, The FHA/VA Condo Project Approval Specialists
(ReadySetLoan Condo Team LLC)
Hamden Connecticut Condo Sales As part of my marketing efforts, I work to compile data for condo sales in various towns in Connecticut.  I try to pick towns that have a lot of condominiums to provide comparison data between projects that are FHA approved condos and those that are not. Hamden CT Condo Data for 2013 Hamden has 71 condominium projects of which 7 of them are approved with FHA.  There are currently no other condominiums that have been submitted for an FHA approval.  Before FHA’s changes in 2011 there were 21 projects on FHA’s Approved Condominiums List.   Analysis of Data I typically divide the listing data into those in FHA-approved condos and those that are in non-FHA projects.  For my business, it’s good to analyze the difference between the two. In Hamden, condominium li...
Comments 6
By Millie C. Legenhausen, CRS, GRI, CIPS, MBA, Realtor
(Calcagni Real Estate, Hamden, Connecticut)
This past Wednesday, the Hamden community came out in force to hear what United Illuminating ("UI"), the local utility company, had to say about its plan to trim or remove all street trees within 8 feet of utility wires, (the Utility Protection Zone). At the end of the meeting, the consensus was that the public was not sold on the program. The presentation, the comments from the citizenry and the input from the mayor were all a great lesson in Civics. I wish there had been more students from the high school there, to witness the event. United Illuminating sent a team, experienced with dealing with the aftermath of storms, to address the crowd. They presented a well thought out plan for making the utility more resilient. As we know, the current electricity delivery system is vulnerable t...
Comments 0
By Millie C. Legenhausen, CRS, GRI, CIPS, MBA, Realtor
(Calcagni Real Estate, Hamden, Connecticut)
Tree lined streets. Those three words evoke many feelings and images. We think pastoral landscapes, respite from summer heat, and beautiful neighborhoods. In real estate, we think "added property values". Street trees in Connecticut have taken a beating in the past few years, due to a series of stronger storms. No one has felt the sting of this more than our utility companies. When limbs or whole trees fall on utility wires and take out power, utilities feel the ire of unhappy customers. In response, the utility companies and the State of Connecticut have set up task forces (the Two Storm Panel, The State Vegetation Task Force) to come up with ways to handle power outages in a more timely manner, and to avoid them, if at all possible. In 2013, PURA, the Public Utilities Regulatory Agenc...
Comments 2
By Edward Peterson, eDrake; CT
(eDrake)
Buying a house is one of the important ways people shape their lives. It is important to live in a place that feels comfortable and relaxing. People want to capture their good memories, recreating and expanding and sharing them with family and friends. After finding that ‘feels right’ house a house inspector is hired. After twenty five years of attending house inspections I have met two kinds of house inspectors: those that are good (and rare), providing an empirical assessment of property and the garden variety CYA, Chicken Little inspector. The latter examines the components of a house while telling buyers that even if something is not broke and may be functioning correctly and has been to this point it may break tomorrow and you need to begin to budgeting for a new whatever. Consider...
Comments 0
By Millie C. Legenhausen, CRS, GRI, CIPS, MBA, Realtor
(Calcagni Real Estate, Hamden, Connecticut)
There was an energy to the Hamden market in the past year. This became apparent, early on. Indeed, I wrote about the influx of investors into the market and the important role they would play in the turn-around of the market from recession lows. Investors scooped up distressed properties, re-habbing them for use as rentals or to flip them at a tidy profit in a matter of months. The effect was to improve the housing stock of neighborhoods on the decline, so it's a trend I hope will continue in 2014. While I saw more activity in the market in 2013, I was not convinced that prices in Hamden were rising at anywhere near the rate being reported in other markets. When we hear of impressive rises in prices, the statistics often include national markets, but as we know, real estate is local, an...
Comments 5
By Edward Peterson, eDrake; CT
(eDrake)
$234,900 , 4 bedrooms, 1 full baths, 1 half baths, 1,653 square feet     Edward Peterson | eDrakeHome | (203) 435-5010 315 Fairview Ave, Hamden, CT Classic Colonial, large, beautiful, private property. 4BR/1+1BA Single Family House   offered at $234,900 Year Built 1930 Sq Footage 1,653 Bedrooms 4 Bathrooms 1 full, 1 partial Floors 3 Parking 1 Car garage Lot Size 15,246 sqft HOA/Maint $0 per month DESCRIPTION Beautiful colonial; large, gorgeous, private lot. Remodeled kitchen, new water heater, large deck, hardwood floors, replacement windows. This is an estate sale - house being sold "As Is'   Hamden see additional photos below PROPERTY FEATURES - Attic - Basement - Dining room - Living room - Pantry - Dishwasher - Dryer - Refrigerator - Stove/Oven - Balcony, Deck, or Patio - Fenced ya...
Comments 0
By Minna Reid, Associate Broker
(Killebrew & Company Realty, Inc.)
  46 Farnsworth Hamden, Connecticut 06517 Cozy 3 bedroom Cape Cod style home in Hamden! Home | Photos | Photo Tour | Brochure | More Info  | Contact Call Now on:(860) 416-1255 Request More Info Request Showing Send To A Friend Loan Calculator Map View Aerial View Local Schools Print Brochure Census Data Dream Home Help Home Valuation Contact Cozy 3 bedroom Cape Cod style home on a quiet street!! Property Highlights Beautiful hardwood flooring Finished basement Quiet neighborhood Kitchen/dining room share an open space Large backyard Property Description This Cape Cod style home has 3 bedrooms, 1.5 bathrooms and a finished basement which gives two extra rooms! This home has beautiful hardwood floors throughout the first floor, tile flooring in the kitchen and finished basement. You will...
Comments 0
By Millie C. Legenhausen, CRS, GRI, CIPS, MBA, Realtor
(Calcagni Real Estate, Hamden, Connecticut)
Changes are in the air. In 2012, we saw a significant increase in the number of homes sold in Hamden. 408 single family homes sold in town, vs 358 homes in 2011. That's a healthy 14% increase in units sold from the prior year. This is a positive trend. During the same period, the prices of these sold homes dropped. Specifically, the sales price for an average house of 3 bedrooms, 1.5 baths and approximately 1524 square feet, dropped from $229,467 or $135.19 per square foot in 2011 to $205,000 or $129.30 per square foot in 2012. (Negative). Prices peaked in May, as they usually do, and drifted downward the rest of the year. Houses sold faster in 2012 - 58 days on the market vs 91 days in 2011 (positive). What's going on here?   Statistics are a great tool, but don't often tell the whole ...
Comments 0
By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
My youngest son Brandon was hiking at Sleeping Giant State Park in Hamden, Connecticut this past weekend before our visit by Hurricane Sandy, and spotted the hawk in the pictures below.  Usually the Hawks are hidden in the trees, but with many of the trees having lost their leaves, even before Hurricane Sandy, the Hawks are now much easier to see. This hawk just sat there for him like he was posing for a picture.  Hawks are a beautiful powerful looking bird, and this guy knows it.       *************************************************************************************  Info about the author: George Souto is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage needs in Connecticut. George resides in Middlesex County which includes Middletown, Middlefiel...
Comments 5
By Edward Peterson, eDrake; CT
(eDrake)
edward Peterson | eDrakeHome | (203) 672-2720 34 Dorrance St, Hamden, CT Quiet st - neighborhood setting - wood burning stove - short walk to town park, library, middle school, shopping & hwys. 3BR/2BA Single Family House offered at $215,000 Year Built 1939 Sq Footage 1,224 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 2 Parking 1 Car garage Lot Size 9,583 sqft HOA/Maint $0 per month DESCRIPTION New offering price! Quiet & comfortable, level lot, residential neighborhood, short walk to the town park, Miller library & middle school close to shopping and hwys. Gas cooking, gas heating, 2-full baths. New leeders and gutters, new storm door & front door, new garage roof and door; back porch w/french doors & wood burning stove, private back yard w/patio and pond, Large storage shed and fenc...
Comments 0
By Millie C. Legenhausen, CRS, GRI, CIPS, MBA, Realtor
(Calcagni Real Estate, Hamden, Connecticut)
Recent headlines have stated that foreclosure homes accounted for 20% of all sales last year. That grabbed my attention, so I thought I would check to see how Hamden compared to the national statistics. According to the Greater New Haven Association of Realtors, 358 single family homes sold last year in Hamden. (That's up from the 354 I previously reported. Seems like some agents were slow to report their end of year closings.) Of the 358 Hamden sales, 44 or 12% were foreclosed properties. In addition, 28 or 8%, were short sales, which probably would have resulted in foreclosures. Added together, we have our 20%. These are sobering statistics for an area that has some job protection from the universities in the area, which are the major employers. What it may reflect is the consumer's i...
Comments 1
By Millie C. Legenhausen, CRS, GRI, CIPS, MBA, Realtor
(Calcagni Real Estate, Hamden, Connecticut)
This Saturday, September 17th, the Whitneyville Branch of the Hamden Library system will be open from 9:30 to 1 p.m. , thanks to the efforts of the Whitneyville Civic Association and the generosity of librarian Nancy McNichol, who has switched her normal scheduled hours and given up a part of her weekend, to make the library available to the community. I love to spend time at a library, so I'm thrilled to have it open for a Saturday morning outing for kids and book lovers of all ages. These Saturday hours will continue through the Saturday after Thanksgiving. We hope it can become a permanent schedule.   The Whitneyville Civic Association is a group of volunteers that work to improve the look and the quality of life in our neighborhood. The request for weekend hours was part of a Top 5 ...
Comments 0
By Millie C. Legenhausen, CRS, GRI, CIPS, MBA, Realtor
(Calcagni Real Estate, Hamden, Connecticut)
Now that we are back from the Labor Day break, it feels like a good time to take stock of what is going on in our local market. Here in Hamden, sales of single family homes year to date number 225. This compares to 287 at the same time last year, so we are down 22%. Barring any unforeseen stimulus packages, it looks like a down year. Ever the optimist, I'm thinking we can only go up from here, right? Our average sales price is $236,568, down from $250,135 a year ago. "Average" roughly translates to a 1700 square foot house with 1.5 to 2 baths. Average price per square foot is $138.80 vs $145.54. Marketing time is up to 88 vs 67 days on market. The Sales Price to List Price percentage is 94.53% now vs $96.04 YTD in 2010. So what can we learn from this and our own observations as Realtors...
Comments 0
By Scott Silverstone, www.CTProperty.com, Connecticut Luxury & Waterfront Realty
(William Raveis Real Estate)
Hamden CT is selling the old Maselli farmhouse to the Greater New Haven Habitat For Humanity. Habitat for Humanity will rebuild the home and give it to a low- to moderate-income Hamden CT family to live in the house. The family would pay taxes and a mortgage, and the mortgage would be held by Habitat at no interest. Habitat For Humanity builds and rehabilitates homes in the Greater New Haven area with the goal of creating safe, decent, affordable houses that add to the revitalization of New Haven’s neighborhoods. Habitat accomplishes its mission by partnering with individuals, religious and civic organizations, local business and corporations. For more information, check out: Ann DeMatteo's article in the New Haven Register. This article discusses the sale price of the home and details ...
Comments 0