Waterbury, CT Real Estate News

By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
This grid below gives details on the type of house, size and number of bedrooms/bathrooms of the properties that have sold in your neighborhood in the last 90 days. Address Style #Bd #Bth SqFt L/Price S/Price C/Date DOM 34 ALEXANDER RANCH 3 1.0 1439 105,000 105,000 03/06/2009 30 49 BOUFFARD AVE CAPE 3 1.0 1272 141,000 138,000 03/27/2009 23 155 CAPITOL AVENUE CAPE 3 1.0 1416 83,000 83,000 04/27/2009 64 20 GREEN ACRE DR CAPE 3 3.0 1684 139,900 120,000 02/11/2009 26 155 MORTON RD RAISE 3 2.0 1508 129,900 128,000 02/20/2009 61 52 MUNSON AVE CAPE 4 1.0 1192 81,000 69,420 03/03/2009 90 105 MUNSON AVENUE RANCH 3 1.0 984 84,500 83,000 02/13/2009 40 18 NATALIE TER CAPE 3 1.0 1080 85,000 73,100 03/30/2009 13 155 OLDHAM AVE RANCH 3 3.0 1848 199,900 195,000 04/28/2009 13 60 OLIVER RANCH 3 1.0 1136 ...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
 For the last quarter, ending on May 1, 2009 This grid below gives details on the type of house, size and number of bedrooms/bathrooms of the properties that have sold in your neighborhood in the last 90 days. Homes sold in Bunker Hill: Address Style #Bd #Bth SqFt L/Price S/Price C/Date DOM 98 CONISTON AVE COL 3 1.0 1702 124900 116000 04/23/2009 7 90 DEERFIELD AVE CAPE 4 2.0 2000 199900 207000 03/18/2009 162 91 DEVONWOOD DR SPLIT 2 1.0 1200 109900 94000 04/13/2009 205 173 EASTERN AVE RAISE 3 2.5 1365 176400 175000 02/27/2009 184 27 FERNDALE AVE CAPE 2 1.0 1170 138900 131900 03/06/2009 34 8 HERITAGE DRIVE RAISE 3 2.0 1294 190000 180000 03/03/2009 207 87 KAYNOR DR RANCH 2 1.1 1236 174900 170000 04/01/2009 15 34 MAYNARD AVE COL 3 1.5 1998 149900 156900 03/31/2009 39 47 WAYLAND AVE CAPE 3 1...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bucks Hill Waterbury CT Quarterly Market Report - May 2, 2009 This grid below gives details on the type of house, size and number of bedrooms/bathrooms of the properties that have sold in the Bucks Hill Waterbury CT neighborhood in the last 90 days.  Address Style #Bd #Bth SqFt L/Price S/Price C/Date DOM 272 FIELDWOOD DRIVE RRANCH 4 2.0 1236 89,900 95,400 2/9/09 120 17 GRANADA DR RRANCH 3 2.0 1704 163,075 155,000 5/1/09 52 6 HAYSTACK CIR CAPE 3 1.5 1848 120,900 110,000 4/27/09 43 72 MADERA DRIVE RANCH 2 2.0 1124 88,500 85,000 4/8/09 8 40 MADERA COL 3 1.5 1750 162,500 157,500 3/31/09 99 3241 NORTH MAIN ST SPLIT 4 1.1 2032 154,900 141,000 2/24/09 196 Sellers Tip #2: Going Green Did you know you can take advantage of tax incentives and rebates to build green? The government offers you hund...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
This grid below gives details on the type of house, size and number of bedrooms/bathrooms of the properties that have sold in your neighborhood in the last 90 days. Address Beds Baths Style SqFt DOM L/Price S/Price 39 DEERING LN 3 1.0 RAISE 1058 22 149,900 139,000 29 DINATALI DR 3 1.0 RANCH 1100 333 129,900 123,000 92 HARWOOD RD 2 1.0 OTHER 1296 21 154,900 140,000 907 PEARL LAKE RD 4 2.5 CAPE 1500 20 175,000 168,000 899 PEARL LAKE ROAD 4 2.0 CAPE 1963 96 169,900 166,000 344 SCOTT RD 3 1.0 RANCH 1000 215 95,500 90,000 Sellers Tip #2: The Key to Selling Your House The most important thing that you can do to guarantee that your home is sold is to list it at the correct price. Overpricing your home will only lead to fewer showings and no serious offers. A market analysis by a realtor who h...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Along the Banks of the Naugatuck River - Anyone familiar with Waterbury and its history knows that many of the old factories that powered Waterbury's dominance of the region were located near the Naugatuck River, which somewhat divides the city almost in half. Waterbury's more affluent neighborhoods (Bunker Hill, Town Plot, Robinwood, West Side and Country Club) all lie west of the Naugatuck River. Route 8 neatly runs parallel to the Naugatuck River through town on the same side, crossing it once in the South End. Most of the railroad tracks lay in shambles and piles of rubbish lie along the middle and northern stretches of the Naugatuck River by Thomaston Avenue. However, as the Naugatucl River flows through the center of Waterbury and approaches Naugatuck, a rather startling transform...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
In this day and age, one can always look up information about a place on the Internet. Looking up interesting facts about local demographics, school data, crime rates, etc. can be pretty tedious, and oftentimes one can make a decision about moving to a place based upon that data alone. Of course, negative publicity about an area will always have an impact on it. That's a given. Whoa! Hold on a second, will ya? I know, I know - Waterbury has indeed gotten its share of bad press, but that's no reason to run screaming from it. Indeed, there are many wonderful things about the city of Waterbury that I can't begin to describe. Who can better give you a sense of what it's like to live here but someone who actually does, and has most of their life? Seriously, a first-hand perspective from a r...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
There's a Dr. Seuss children's book titled ‘Oh the Places You'll Go!" It has humorous and motivational stories encouraging kids to do something positive with their life. One of the places that Dr. Seuss describes as ‘useless' is ‘the waiting place..."  Waiting for a train to goor a bus to come, or a plane to go or the mail to come, or the rain to go or the phone to ring, or the snow to snowor waiting around for a Yes or Noor waiting for their hair to grow.Everyone is just waiting."  Dr. Seuss exhorts his young readers to escape to the ‘bright places where Boom Bands are playing."   There are many people in the real estate market stuck in the waiting place. People are waiting for the prices to go even lower and the market to finally bottom out, etc. This is a useless place indeed. After ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
We've had about 3 inches of rain within the past week and we have a promise of more. Not the best of times for outdoor activities, but I like showing houses in the rain. This, for me, is when all the little secrets get discovered. you can't hide the bad window seals, because the windows fog; the water around the chimney and skylights can't be disguised; the stains in the basements are easier to trace and discover just what "only a little seepage with heavy rains" actually means. Of course seeing the wet vacs out in the open is usually a good clue. I find that with the rains come the results, and the buyers get a chance to make a better evaluation of the home. They can always come back when it's sunny for the second showing so that they feel good about writing the offer. Of course sendin...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Well, things have certainly been a little less busy here in the Brass City over the last month. Let's see what happened last month in terms of the active listings: Active Listings 485 New Listings 30 Average List Price $166,527 Median List Price $159,900 Average Sq. Ft. 1591 Median Sq. Ft. 1460 And here's the breakdown of the prices in Waterbury for the last month: List Price Houses % < 100,000 74 15.2 100,001-150,000 146 30.1 150,001-200,000 152 31.3 200,001-250,000 78 16.1 250,001-300,000 19 4 >301,000 16 3.3   There are more houses to choose from than before this time last month, and less closings. Here's a look at what's recently sold in Waterbury: Closed Listings - 32 Average Median Days on Market 99 74 List Price $122,310 $122,900 Sale Price $117,240 $118,000 Sq. Ft. 1392 1288 LP/...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Re-blogged by 0 agents Here's the latest statistics on what's transpiring in real estate in the Meriden-Woodtick section of Waterbury's East End: Active Listings 30 New Listings 5 Average List Price $153,410 Median List Price $150,500 Average Sq. Ft. 1337 Median Sq. Ft. 1278 Here's the breakdown of prices: List Price Houses % < 100,000 3 10 100,001-150,000 12 40 150,001-200,000 11 37 >200,001 4 13 The majority of prices in the Meriden-Woodtick area fell between 100-200k in this neighborhood, with sizes and prices still running slightly below the city average. These are the new active listings in the Meriden-Woodtick area: Address L/Price ADOM 138 BETH LN 104900 2 574 FROST ROAD 90000 3 257 MILL PLAIN AVE 174900   52 MUNSON AVE 159900   137 OLDHAM 198500 2 Now, for a look at the houses ...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Here's the latest look at what's been happening in the Bunker Hill section of Waterbury's real estate market: Active Listings 67 New Listings 3 Average List Price $194,894 Median List Price $183,000 Average Sq. Ft. 1697 Median Sq. Ft. 1580 List Price Houses % < 150,000 12 18 150,001-200,000 30 45 200,001-250,000 17 25 >250,001 8 12 There are 67 active listings in the Bunker Hill area, with only 3 new listings in the last 30 days. If size matters, then some of your largest homes will be found in the Bunker Hill section of Waterbury with an average of almost 1700 sq.ft. Most of the homes listed have fallen between $150 and $200K. Here's a list of the new actives, which you can get more information on by visiting William's Places. Bunker Hill - New Actives  Address L/Price ADOM 56 JOYCROFT...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bucks Hill Waterbury CT Market Report - May 2009 Last month, there was no activity in Bucks Hill Waterbury CT, as far as sales were concerned - but things have picked up a bit since. Here's the latest look at what's been happening in the Bucks Hill section of Waterbury's real estate market: Active Listings 25 New Listings 0 Average List Price $199,368 Median List Price $189,900 Average Sq. Ft. 1628 Median Sq. Ft. 1600   There are 25 active listings, with no new listings in the last 30 days. The average size of homes in this neighborhood tend to be pretty decent - spacious. This is what the prices look like in the area: List Price Houses % < 100,000 5 20 100,001-150,000 12 48 150,001-200,000 5 20 >200,001 3 12       Although these houses are no longer new to the market, they are the ones...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Here's a peek at what's happening in the East Mountain real estate market: Active Listings 24 New Listings 2 Average List Price $202,929 Median List Price $199,900 Average Sq. Ft. 1566 Median Sq. Ft. 1389    There are 24 active listings, with 2 new ones in the last 30 days. The average size of the homes for sale has caught up somewhat with similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices in the neighborhood:  List Price #Houses % < 150,000 4 17 150,001-200,000 9 37.5 200,001-250,000 9 37.5 >250,000 2 8                       These are the new listings available.  Address L/Price ADOM 145 DINATALI DR 239500 4 61 PURDY RD 139900 6 Now, for a look at what has sold in the area:   Closed Listings - 3 Average Median Days on Market 189 215 Lis...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
  I didn't talk to anybody about buying or selling a home today, because today we baptized our 9-week old grandson, Raphael Michael Antonacci. Sometimes you have to step back and smell the roses, (unless it's a full diaper).  It creates all kinds of warm feelings inside, and it's amazing how you can start to feel emotions so stronger than any you have ever felt before. It was his day, we hope he lives the life that represents the love we feel for him. Life is good!
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Sitting atop Pine Hill in Waterbury, CT, visible from I84 and Route 8 as you approach the center of the city, is a large metal cross that is the most prominent remnant of what was once a thriving tourist attraction. Holy Land, USA was a Christian theme park, complete with miniature replicas of Bethlehem and Jerusalem, with scenes from the life of Jesus, most notably a minature Golgotha/Calvary, with three wooden crosses, the center one with an image of Christ nailed to it. What was most visible, however, was a large fiberglass cross, 56 feet tall and illuminated from within at night, with alternating colors - red for Christmas, and blue for Easter. Built in the late 1950's by John Baptist Greco, over 40,000 visitors came to the site annually during the 1960's and 70's. The park was clos...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Visible from almost any vantage point in the city at least a mile away and as you approach the city from the main arteries (I84 or Route 8), the Clock Tower is one of Waterbury's oldest and most famous landmarks. The Clock Tower was built as part of the city's Union Station back in 1909 at the height of Waterbury's dominance of the region as an industrial and transportaion center, and to represent visibly the most famous product of the area - Waterbury was the birthplace of the Waterbury Clock and Watch Manufacturing Company, which we know today as Timex. It was added at the behest of a railroad executive who had travelled to Italy, and is modelled after the Torre del Magnia in Siena, Italy. The tower houses the largest clock in the New England region, and a bell which can be heard fro...
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By Don Polletta
(MBC Interactive)
Mortgage bond prices fell last week applying upward pressure on mortgage interest rates. Trading remained extremely volatile with daily swings of 3/8's in discount points a common occurrence. The economic data released was mixed with no clear indication of the direction of the US economy. The Federal Reserve met last week and the governing body indicated the pace of economic deterioration is slowing. For the week, interest rates rose by about 5/8's in discount points. The employment report to be released Friday will be the most significant data this week. Productivity data will be important also. Additional debt supply hits the market this week with the Fed auctioning $71 billion of 3, 10, and 30 year Treasuries. It will be interesting to see if the market can continue to absorb the add...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Shakespierence Productions presents A Pint and A Play for Peanuts at the Howland Hughes Center on Bank Street from May 1-2 at 6:00 p.m. For more information, click here. Book signing with local author John Alston at the United Methodist Church of Christ on Country Club Road, May 1st. Click here for details. For those interested in improving their communication skills, Chamber Toastmasters meets every 1st and 3rd Friday of the month. Click on the link above for more details and contact information. The Waterbury Symphony Orchestra presents Fortune: World-Premiere Concert at the Naugatuck Valley Community College on May 9th. For more information, click here. Waterbury Youth Services sponsors the 8th Annual Hotter than Heck Fest Hot 'n Spicy Food Expo  at the Crossroads Cantina on May 8th...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
As kids we all had the set of dominos that we would set up all over the place just to see the trail when we started the action. Hours were expended trying to get just the right configuration so that when we were ready we would make the grand pronouncement and wait for the audience, usually our parents or friends, so that the first strike could be made. If we had the right number of dominoes, the chain reaction would commence and depending on our imagination the trail would snake it's way around the room, up over obstacles, through a hoop, and then at last the final peg would fall. Sounds a lot like our real estate business. I get email responses to my blogs from the readers in my database wanting to know why I talk so much about the opportunities in the larger towns and don't expend as ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
It can be a pretty sobering and depressing experience to speak with some folks who now face the simple fact that their homes are worth less than they owe on then. This term is called being "underwater".  For the people that have not experienced the joys of home ownership yet, it equates to the same thing as your car being "upside down" where you actually owe more that its worth.  Homeowners are facing more and more of this situation across the country, especially in cities and towns that underwent re-evaluations during the boom years of 2004 thru 2006. The worst situation would be for new homeowners that built during that same period of time. They have the highest evaluations, because everything is new, and in most instances, the house cannot be sold for anything near to the appraisal d...
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