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Trending: How Long It Takes To Save For a Down Payment

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Saving up for a down payment on a home in Southwestern Connecticut is no easy task. With many banks standing firm on the need for a 20 percent down payment and home prices topping out at well over $1 million, stashing away funds to make an offer on a “typical” home can take residents well […] [Read More]

Trending: Where Middle Class Families Struggle to Buy Homes

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A new analysis finds Fairfield County is one of the toughest places in the country for middle class families to afford to buy a home. The study, which was headed up by Trulia’s Chief Economist Jed Kolko found that “even after taking income differences into account, homeownership affordability varies hugely across the country.” To determine […] [Read More]
The rental housing complex on Washington Boulevard called the BLVD in Stamford, Conn., April 12, 2011. Salvatore's RMS Construction developed the building.

Census shows rent prices beginning to climb again, after dip

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Data released earlier this week by the U.S. Census Bureau shows that rent prices throughout Fairfield County are beginning to climb again, after falling for a couple years. The census data earlier this week posts updates for 2012 for communities around the nation with more than 65,000 residents. Here in Connecticut, that means Bridgeport, Danbury, […] [Read More]
03HarveyCedars

Trending: Where We Vacation

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School’s almost out, meaning vacation season is just around the corner. As Southwestern Connecticut families plan their upcoming vacations, it’s likely a few spots will nab the title of the most popular spot for area residents. The real estate website Trulia.com recently did a little digging to identify Americans’ favorite vacation spots, finding that Cape […] [Read More]
A "moderately priced home" in Danbury is valued in the neighborhood of $257,200, according to Census figures. And it's likely to look something like this three-bedroom, two-bathroom home with 1,586 square feet of living space, which is listed at $250,000.

Trending: Who Can Afford to Buy A House

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The U.S. Census Bureau released a new report this week called Who Could Afford to Buy a Home in 2009, which details the trend of homeownership and affordability across the country, showing a dip in the average American’s ability to afford to buy a home. Across the nation, 50.2 percent of American families were able […] [Read More]
A 50-acre estate in Greenwich came on the market this week for $190 million.

Trending: Where the Multimillion-Dollar Homes Are

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When the 50-acre estate with sweeping views of Cos Cob Harbor hit the market with a $190 million price tag Friday, its presence reverberated through the real estate world, taking the title of the nation’s most expensive listing. “It’s a great property,” said Joseph Barbieri of Sotheby’s International, a real estate firm that had been […] [Read More]

Trending: Where the Renters Live

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Across the nation, renters account for more than one in three residents of occupied housing units, according to data from the U.S. Census Bureau. But here in Southwestern Connecticut, the rate is a little bit lower at 28.8 percent. If we were to compare the national rate of renters with the rate in a local […] [Read More]
This 15-bedroom, 17-bathroom home with 15,826 square feet of living space on Old Mill road in Greenwich was built in 1926. It's currently on the market for $32,995,000./Stamford Advocate File Photo

Trending: Where the Old Houses Are

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The state of Connecticut has the 10th oldest housing stock in the nation, with 23.3 percent of houses here being built before 1939, according to data from the American Community Survey. But here in the Southwestern corner of the state, we have even more old homes than the rest of Connecticut, with a little more […] [Read More]
Wilton

Buying 45% cheaper than renting in Fairfield County

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A new report by the real estate website Trulia found that across the nation it is 44 percent cheaper to buy a home than it is to rent one. In Fairfield County, it’s a bit cheaper still, at 45 percent, while house hunters in the New Haven metropolitan statistical area can enjoy a 47 percent […] [Read More]

Trending: Where Southwestern Connecticut’s Oldest Population Lives

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The game was Crazy Ls — a variation of bingo that requires the player to form an “L” shape along the outer edges of the bingo board to win. “Don’t worry about any of the spots on the inside. Just focus on the edges,” said Eleanor Suarez, 80, who had generously loaned one of the […] [Read More]