Waterbury, CT Real Estate News

By Don Polletta
(MBC Interactive)
Mortgage bond prices rose last week pushing CT mortgage rates lower. Rates spiked higher Monday morning as stocks surged and the Treasury auctions loomed. Fortunately, foreign demand for the notes was solid, helping to keep mortgage rates low. The stock markets remained volatile all week with the Dow Jones index swinging by triple digits both up and down. For the week, interest rates improved by about 1/4 of a discount point. The Fed meeting on Wednesday will be the most important event this week. Productivity and employment figures are likely to move the market. LOOKING AHEAD EconomicIndicator ReleaseDate & Time ConsensusEstimate Analysis ISM Index Monday, Nov. 2,10:00 am, et 53.0 Important. A measure of manufacturer sentiment. Weakness may lead to lower mortgage rates. Factory Orders ...
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By Don Polletta
(MBC Interactive)
CT Mortgage rates ended the week nearly unchanged despite considerable market volatility. Trading was up and down all week. Rates improved the first portion of the week as stocks fell below key psychological levels. Unfortunately a reversal the middle portion of the week eroded the earlier improvements. Data was mixed with tame inflation readings but generally stronger than expected economic activity. For the week, interest rates were near unchanged. The Treasury auctions will take center stage again this week. If there is strong foreign demand it will likely spill over to the mortgage bond market. Weak auctions will likely result in mortgage interest rate increases. Employment cost index data will also be carefully watched. LOOKING AHEAD EconomicIndicator ReleaseDate & Time ConsensusEs...
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By Don Polletta
(MBC Interactive)
Market CommentMortgage bond prices fell sharply last week driving CT mortgage rates higher. Rates were under pressure from better than expected economic news and rising stocks. Retail sales, weekly jobless claims, and industrial production data were all better than expected. The improved economic outlook had investors flocking to buy stocks, which helped the Dow Jones index to close over 10,000. For the week, interest rates rose nearly 7/8 of a discount point. The producer price index data to be released Tuesday will be the most important data this week. Any signs of inflation will generally not bode well for mortgage bonds. The Fed "Beige Book" will factor into trading this week. Stock strength and dollar valuation will play a pivotal role in mortgage interest rates as well. LOOKING AH...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
WATERBURY, CT REAL ESTATE – MARKET UPDATE OCTOBER 2009 Let's see what happened in the Waterbury, CT real estate market in terms of the active listings: Active Listings 476 New Listings 0 Average List Price $ 166,654 Median List Price $159,900 Average Sq. Ft. 1887 Median Sq. Ft. 1448 There are 476 homes for sale , with 97 of those homes being listed in September in the Waterbury, CT real estate market as of September 30, 2009.   Here's the breakdown of the prices of homes for sale in Waterbury, CT as of October 1, 2009: List Price Houses % < 100,000 62 13 100,001-150,000 151 32 150,001-200,000 158 33 200,001-250,000 70 15 250,001-300,000 21 4 >300,001 15 3   You can search for homes for sale in Waterbury , CT by visiting William’s Places !   Here's a look at what's recently sold in Wate...
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By Don Polletta
(MBC Interactive)
Mortgage bond prices fell last week pushing mortgage interest rates higher. The Treasury auctions were mixed with the 3 and 10-year auctions showing decent foreign demand. Unfortunately the 30-year auction was a huge disappointment and caused mortgage interest rates to worsen Thursday. The fear of future rate hikes sent mortgage bonds lower Friday pushing mortgage interest rates higher. For the week, interest rates rose by about 1/2 of a discount point. The consumer price index will be the most important release this week. Any signs of inflation will generally not bode well for mortgage bonds. Retail sales and the Fed minutes are also likely to factor into trading this week. Any surprises may lead to mortgage interest rate volatility. LOOKING AHEAD EconomicIndicator ReleaseDate & Time C...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
MERIDEN-WOODTICK WATERBURY, CT REAL ESTATE – MARKET UPDATE OCTOBER 2009   Here’s a look at what’s been happening in the Meriden-Woodtick section of Waterbury's East End real estate market : Active Listings 27 New Listings 0 Average List Price $165,256 Median List Price $164,900 Average Sq. Ft. 1368 Median Sq. Ft. 1344 There are 27 homes for sale in the Meriden-Woodtick section of Waterbury CT’s East End community, 7 of which were just placed on the market in the last month. The average size of the homes for sale in the Meriden-Woodtick neighborhood has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices of homes for sale in the Meriden-Woodtick Waterbury, CT neighborhood:   List Price Houses % < 100,000 ...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
East Mountain Waterbury, CT Real Estate – Market Update October 2009     Here’s a look at what’s been happening in Waterbury’s East Mountain real estate market: Active Listings 26 New Listings 0 Average List Price $186,446 Median List Price $172,450 Average Sq. Ft. 1601 Median Sq. Ft. 1451 There are 26 homes for sale in the East Mountain neighborhood of Waterbury, CT; of those, two were listed in the last month. The average size of the homes for sale has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices in the East Mountain-Waterbury, CT neighborhood: List Price Houses % < 150,000 8 31 150,001-200,000 11 42 200,001-250,000 4 15 >250,000 3 12     These are the newly listed homes for sale on the market i...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
BUNKER HILL-WATERBURY, CT REAL ESTATE – MARKET UPDATE OCTOBER 2009 Here’s a look at the recent data for the real estate market in the Bunker Hill neighborhood of Waterbury, CT : Active Listings 71 New Listings 0 Average List Price $185,552 Median List Price $179,900 Average Sq. Ft. 1643 Median Sq. Ft. 1568 There are 71 homes for sale in Bunker Hill-Waterbury, CT area, of which 18 were just listed in the last month. The average size of the homes for sale in the Bunker Hill section of Waterbury has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices in the Bunker Hill neighborhood of Waterbury, CT :   List Price Houses % < 150,000 15 21 150,000-200,000 33 47 200,000-250,000 20 28 >250,000 3 4 You can search...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bucks Hill-Waterbury, CT Real Estate – Market Update October 2009 Here’s a look at what’s been happening in the Bucks Hill real estate market in the past month: Active Listings 22 New Listings 4 Average List Price $190,318 Median List Price $176,900 Average Sq. Ft. 1561 Median Sq. Ft. 1555   There are 22 homes for sale , 4 of which were just listed in September in the Bucks Hill neighborhood of Waterbury, CT . There are some rather decently sized homes in the Bucks Hill neighborhood. Here's a breakdown of the prices in the Bucks Hill-Waterbury, CT   neighborhood: List Price Houses % < 100,000 1 4 100,001-150,000 5 23 150,001-200,000 12 55 >200,001 4 18 You can search for homes for sale in the Bucks Hill and surrounding neighborhoods by visiting William’s Places!   And these are the lat...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
“Adopt A Spot” In Your Waterbury CT Area Community   It’s a great way to enhance your neighborhood, meet your neighbors and positively impact the city or town where you live.   Last weekend, on September 5, 2009, Victor Diaz hosted a Neighborhood Cookout at his “Adopt- A-Spot” location, the island at Cooke, Moran, and Collins Street, in the Upper Fulton Park neighborhood. It was a wonderful day to meet our neighbors, discuss common neighborhood concerns and enjoy a good time at a truly beautiful spot in our city.   Some of the more familiar faces in the neighborhood were there at the “Adopt-A-Spot” Neighborhood Cookout. Our regular postman, Harry, was there, as well as the firefighters from the Lakewood Firehouse, the fire station closest to our neighborhood.   There are over 40 “Adopt...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
WATERBURY , CT REAL ESTATE – MARKET UPDATE SEPTEMBER 2009 Let's see what happened in the Waterbury , CT real estate market in terms of the active listings: Active Listings 454 New Listings 2 Average List Price $166,897 Median List Price $159,900 Average Sq. Ft. 1576 Median Sq. Ft. 1882 There are 454   homes for sale , with 85 of those homes being listed in August   in the   Waterbury, CT real estate market   as of August 31, 2009 .   Here's the breakdown of the prices of homes for sale in Waterbury , CT   as of September 1, 2009: List Price Houses % < 100,000 54 12 100,001-150,000 138 30 150,001-200,000 159 35 200,001-250,000 67 15 250,001-300,000 21 5 >300,001 15 3   You can search for homes for sale in Waterbury , CT by visiting William’s Places !   Here's a look at what's recently s...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
MERIDEN\WOODTICK-WATERBURY, CT REAL ESTATE – MARKET UPDATE SEPTEMBER 2009   Here’s a look at what’s been happening in the Meriden-Woodtick section of Waterbury’s East End real estate market : Active Listings 28 New Listings 5 Average List Price $162,325 Median List Price $159,450 Average Sq. Ft. 1337 Median Sq. Ft. 1263 There are 28 homes for sale in the Meriden-Woodtick section of Waterbury CT’s East End community, 5 of which were just placed on the market in the last month. The average size of the homes for sale in the Meriden-Woodtick neighborhood has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices of homes for sale in the Meriden-Woodtick Waterbury, CT   neighborhood:     List Price Houses % < 10...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
BUNKER HILL-WATERBURY, CT REAL ESTATE – MARKET UPDATE SEPTEMBER 2009   Here’s a look at the recent data for the real estate market in the Bunker Hill neighborhood of Waterbury, CT: Active Listings 66 New Listings 0 Average List Price $186,340 Median List Price $179,900 Average Sq. Ft. 1719 Median Sq. Ft. 1665   There are 66 homes for sale in Bunker Hill-Waterbury, CT area, of which 14 were just listed in the last month. The average size of the homes for sale in the Bunker Hill section of Waterbury has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices in the Bunker Hill neighborhood of Waterbury, CT:    List Price Houses % < 150,000 14 21 150,000-200,000 28 42 200,000-250,000 21 32 >250,000 3 5 You can s...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bucks Hill- Waterbury, CT Real Estate – Market Update September 2009 Here’s a look at what’s been happening in the Bucks Hill real estate market in the past month: Active Listings 25 New Listings 2 Average List Price $194,720 Median List Price $178,800 Average Sq. Ft. 1596 Median Sq. Ft. 1600   There are 25 homes for sale, two of which were just listed in August in the Bucks Hill   neighborhood of Waterbury , CT in the last month. There are some rather decently sized homes in the Bucks Hill neighborhood. Here's a breakdown of the prices in the Bucks Hill-Waterbury, CT   neighborhood:   List Price Houses % < 100 ,000 5 20 1 00 ,00 1 - 150 ,000 16 64 150,001 -2 0 0,000 2 8 >2 00 ,00 1 2 8     You can search for homes for sale in the Bucks Hill and surrounding neighborhoods by visiting Wi...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
East Mountain-Waterbury, CT Real Estate – Market Update September 2009     Here’s a look at what’s been happening in Waterbury’s East Mountain real estate market : Active Listings 27 New Listings 1 Average List Price $194,559 Median List Price $179,900 Average Sq. Ft. 1602 Median Sq. Ft. 1452 There are 27 homes for sale in the East Mountain neighborhood of Waterbury, CT ; of those, one was listed in the last month . The average size of the homes for sale has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices in the East Mountain Waterbury CT neighborhood:   List Price Houses % < 150,000 6 22 150,001-200,000 13 48 200,001-250,000 5 19 >250,000 3 11     This is the newly listed home for sale on the market...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Lakewood Lanes, Waterbury, CT     Last Monday was my daughter’s 6th birthday. She had decided that she wanted to go bowling on her birthday, so Charlie Lanza’s Lakewood Lanes was the logical choice.   As a matter of fact, Charlie Lanza’s  Lakewood Lanes  was the only choice.   On September 5, 1959, Charlie Lanza opened up  Lakewood Lanes in Waterbury, CT for local area residents to enjoy a bowling venue that was away from the hustle and bustle of downtown. Today, Charlie Lanza’s  Lakewood Lanes is the only bowling alley in the Greater Waterbury area, and this weekend is celebrating 50 years of serving the Waterbury area.    Lakewood Lanes, located at 694 Lakewood Road in Waterbury, CT, has arcade games and a full service food court for bowling leagues and individual/party bowlers. Birth...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
A house is not a home until the personal touches are added. That wallpaper gets taken down and fresh paint is applied. Windows washed, flooring addressed either with new carpeting, shampooing the old owners out or maybe refinishing hardwood.  First time home buyers need to allow for necessary items to make that house a home, some of which can get overlooked quickly and start to run up some heavy dollars real quick. The enthusiasm to have a new home and manageable monthly payments as low as possible, have buyers making large down payments. Before you make that big commitment, make a checklist of what you have to take in, and what will be needed.  There is always the furniture to consider, unless a family member is making a gift of the not completely useless living room set. Appliances al...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Had to take some outside photos of a condo for a listing, and wanted to share the flowers at the base of the steps. Then a visitor stopped by, but it probably isn't interested in the condo. It's always great to be able to smell the flowers, and maybe pick up a bit of a snack at the same time?
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
We are all set on the day for the inspection and analysis of the septic system. The department head lays out the criteria for the bedrooms and square footage and discussed the current system. When originally built the system was to code. Over the years the codes had changed so that new systems had decidedly different requirements. Because of the date of the house, the inspector requested some new percolation test holes be dug, so that seepage and dissipation of water could be determined. This was an area of concern because many soils in our area have high clay content which minimizes the dissipation of water and requires extensive extensive digging and over-sized trenches to get an effective leech field. The holes were dug, the pails of water were poured, fingers were crossed and the st...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
  Meriden\Woodtick-Waterbury, CT Real Estate: Quarterly Market Report August 1, 2009   The grid below gives the type of house, sizes, sales prices and days on market for the homes that have sold in the Meriden\Woodtick, Waterbury CT area over the last 90 days.   Address Style #Bd #Bth SqFt L/Price S/Price C/Date DOM 78 ALEXANDER AVE   CAPE   3 1.0 1203 134,900 130,000 07/10/2009   44 51 BAGLEY TER SPLIT   3 1.1 1474 160,000 150,000 05/20/2009   16 78 BETH LN   RANCH 3 1.1 936 112,900 113,500 06/02/2009   64 239 CAPITOL AVE   RANCH 3 1.0 1020 110,000 106,000 06/18/2009   33 26 CELIA DRIVE   CAPE   3 1.0 1100 135,900 133,500 06/22/2009   25 744 FROST RD   CAPE   2 1.5 1035 39,900 34,000 07/17/2009   99 83 JOSEPH ST   CAPE   4 2.0 1428 99,000 90,500 05/07/2009   32 16 OLIVER AVE   RANCH 3 ...
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