GREAT INVESTMENT! INCOME FROM TENANT! 329 GLENBROOK RD., STAMFORD, CT. $558,000

Great 2 family home for owner and tenant in the desirable Glenbrook area of Stamford. Super investment property. First Floor has a beautiful large living room with wood burning fireplace. Room off the living room is perfect for work at home office. Hallway leads to two bedrooms and updated bathroom. At the end of the hallway is a spacious kitchen with island, and plenty of cabinets and counter space. Off the kitchen is a private dining room. Second floor rental property includes: 2 bedrooms, full bathroom, living room and kitchen. There is also a full basement with walk out option. There is a two car detached garage. Separate utilities for each unit. There is a large grassy backyard. Close to shopping, movies, restaurants and train.

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BEAUTIFUL HOME IN EXCLUSIVE NEIGHBORHOOD! 3 THE LOGGING ROAD, WACCABUC, NEW YORK $849,000

3 The Logging Rd. Waccabuc, New York
$849,000
Versatile 3700+ square foot 4 Bedrooms 4 1/2 Bathroom Colonial Complete with Impressive Structural Features. Gleaming Hardwood Floors thru out open Sun-Filled Rooms. The Wood-Paneled Cathedral Ceiling coupled with Glass Panes Elevates the Appeal & Sophistication of the Dining Room. The Wood Ceiling in the Family Room adds further pizzaz. Transition from Main Living Spaces to Stone Patio & manicured Lawn or future pool. New Kitchen Cabinets, Viking Stainless Steel Appliances & Sub Zero Fridgaire, Granite Center tops, 8 foot Peninsula & Farmer’s Sink. Accenting the Kitchen is a Stunning Mosaic Backsplash. This Commissioned Original Represents a 6 Months Work of Art. Truly Exceptional. Fully Equipped & Separately Metered In-Law Apt, Perfect for Work/Life Balance or AuPair apt. 15min to Katonah MTA, 11min to Golden’s Bridge MTA, 4 mins to Waccabuc Country Club. Come, Enjoy Waccabuc’s Hospitality, Its Natural Splendor, Its Quite, Upscale and Refined Lifestyle. You only Live Once, Locate Wisely.

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MUST SELL! 1111 HOPE STREET, STAMFORD, CONNECTICUT $329,000

$329,000. 1111 Hope Street, Apt 11, Stamford, CT. 2 Bedrooms and 2.5 bathrooms.
Welcome home to this Springdale townhouse conveniently located near shops, theater, restaurants and public transportation. The satin finished Australian Cypress Floor & wood burning fireplace in the oversized   living room/dining room is perfect for entertaining and for family life. Sliders to a private deck off the living room adds to the spender of the home. The sun filled kitchen with skylight opens to the LR and is fitted with rich cherry cabinets & ceramic tile floor. The laundry room and 1/2 bath completes the main level. Upper level offers 2 bedrooms with new HWF each with an en-suite bath. Generous storage in the part finished lower level along with a one car garage plus one reserved lot space and a separate storage garage completes this lovely home.

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The Next Three Months: Best Time to Buy

DAILY REAL ESTATE NEWS

TUESDAY, OCTOBER 06, 2015

Low mortgage rates, declining home prices, and homes that are lingering on the market longer are three main reasons why the next three months could be the best time to buy so far this year, says Jonathan Smoke, realtor.com®’s chief economist.

“The spring and summer home-buying seasons were especially tough on potential buyers this year with increasing prices and limited supply,” Smoke says. “Buyers who are open to a fall or winter purchase should find some relief with lower prices and less competition from other buyers.”

The biggest challenge buyers will likely face buying in the next three months is the limited number of choices. There are fewer homes for-sale this fall than last year and housing inventory has already peaked for 2015, Smoke says.

In many markets, real estate is making its seasonal transition and is tilting in favor of home buyers lately.

Also, buyers are locking in low mortgage rates as the Federal Reserve continues to delay raising rates. For the past 10 weeks, the 30-year fixed-rate mortgage has averaged below 4 percent, according to Freddie Mac.

Here are some more factors pointing to a slowdown in the overall housing market:

  • Median home prices dropped 1 percent month-over-month in August (however, prices are still up 6 percent year-over-year).
  • Homes are staying on the market longer: The median age of home inventory is 80 days, up nearly 7 percent from August.
  • Mortgage applications dropped 6.7 percent week-to-week.

Source: “Mortgage Rates: Three Reasons to Buy in the Next Three Months,” Nerdwallet (Oct. 2, 2015)