Newtown, CT Market Update January 2017

As we move into the thick of winter, its time to look forward to the Spring Market. If you are thinking of listing your home this Spring, now is the time to get it market ready with staging and minor touch ups to make your house shine. (ask me about the complimentary services I offer!)

Now is also a good time to look at market trends to see where the local market may be heading. While year over year, local housing VALUES are relatively flat, the Spring market is shaping up to be active. With talk of rising interest rates, buyers are sure to be more serious about purchasing this spring than in the previous years. In fact we are already seeing some upward trends in terms of properties sold. Property sales in December 2016 were 2.5 times GREATER than in December 2015 and almost double of that sold in November 2016!5-delta-ave-2

If you have any questions about the market or wonder what your house is worth, please give me a call, I would LOVE to help! And, as your neighbor, I am very in tune with the local market and the value of our wonderful community.

Flipping Newtown Episode 1

 

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“Before” Exterior Photo 

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“Before” Living Room

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“Before” Bathroom

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“Before” Kitchen

As a realtor, I LOVE houses and home renovations. There is nothing better than watching HGTV episodes of “Flip or Flop” or getting my “Fixer Upper” on with Joanna and Chip Gaines! These shows hit close to home, because its my every day experience as a realtor! So I figured it may be interesting to keep track of my own experiences as a Realtor as I work with clients and investors to make run-down homes happy again! For this first featured home, I worked months with my investor client Patrick Walker from the HomeWiz (Amazing contractor, who I will tell you about later) to close on this house in Newtown. It was a short sale, so the process took about twice as long as a normal home purchase (6 Months) and was a little more complicated, but luckily we had a good team working on this, and everything went pretty smoothly overall!! With a short sale, its SO important to have good communication between realtors, attorneys, lenders and clients, its really the only way to ensure that nothing falls through the cracks. If you are looking to purchase a home through a short sale, be sure to choose your representation wisely! Purchasing a short sale can take a long time and sometimes feels like you are taking one step forward and three steps back  but can be totally worth it if you have the time and patience. In this instance the home had been on the market for quite a while, the price had dropped significantly and we were able to get it for a good price. Patrick was not able to do the typical inspections one would normally do when purchasing a home because there was no water (pipes likely are frozen) and the mechanicals would not run (no idea why!), therefore, stay tuned to see what happens as demo starts and the pipes unfreeze! EEKKKK! I will be back with an update shortly!

 

“REAL” Estate

I AM very excited to start this Real Estate Blog. I constantly think “is this real life” because I get to sell Real Estate for a living and while its not always easy, it IS ALWAYS interesting and different! I wanted to share some of my experiences and stories as I continue on my adventure in Real Estate, and show you the REAL aspects of my job, which like most things, are as not as they appear on TV! This blog will not only feature interesting experiences I have but also will feature cool renovations, informational articles and and really anything Real Estate related. Thanks for reading and I hope you enjoy this glimpse into my life as a Real Estate agent!