Norwalk, Connecticut

  • Bedrooms: 4 • Bathrooms: 3 full, 1
  • $949,000
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Bob Travers Knows Fairfield County Real Estate!

Bob Travers reviews Bob Travers - Broker with Coldwell Banker Real Estate
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Bob Travers
Realtor

Buying or selling a home in Norwalk, Wilton, Westport, Weston or anywhere in the Fairfield County area?

As a top-producing Connecticut real estate Broker since 1987, I have provided award-winning service to hundreds of satisfied home buyers and sellers throughout Fairfield County.

If you want information on specific neighborhoods in Norwalk and Wilton, click on Market Updates. Here you will find a report detailing homes currently for sale, under contract, and recently sold in these communities. This exclusive report provides the most complete, up-to-date information available on the Internet today.

Also you will find current monthly market statistics for Norwalk, Wilton, Westport and Weston. These reports are updated frequently and can also be sent directly to your email address. Simply fill out the form.

Current Economic News -July 2017

Improving job gains and consumer confidence are expected to guide existing home sales to a decade high in 2017 but supply and affordability headwinds are holding back sales in many areas of the country. This is not the case locally as inventory levels continue to increase in Connecticut, a State that has not participated in the real estate recovery. Connecticut economic performance ranks 49th in US and the economic outlook ranks 4th. Market activity remains active locally, especially in the first time home-buyer market. To spur borrowing, mortgage giants Fannie Mae and Freddie Mac are allowing borrowers to have higher levels of debt and still qualify for a home loan. The two are raising their debt-to-income ratio limit to 50 percent of pretax income from 45 percent. That is designed to help those with high levels of student debt. That means consumers could be saddled with even more debt, heightening the risk of default, but the argument for it appears to be that risk in the market now is unnecessarily low. Mortgage rates for 30-year loans are remaining in the upper 3% to low 4% range.

The continued performance of local markets will depend on the economy improving. It certainly looks like our recovery here in Fairfield County is underway. The unemployment rate continues to suggest the things are on the right track.

My Newest Listings

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  • 5 Geneva Road
  • Norwalk, Connecticut
  • Bedrooms: 3 • Bathrooms: 2 full
  • $475,000
 
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  • 6 Susan Court
  • Norwalk, Connecticut
  • Bedrooms: 5 • Bathrooms: 3 full, 1
  • $699,000
 
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  • 3 Old Rock Court
  • Norwalk, Connecticut
  • Bedrooms: 5 • Bathrooms: 4 full
  • $765,000
 
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  • 39 Surrey Drive
  • Norwalk, Connecticut
  • Bedrooms: 4 • Bathrooms: 2 Full, 1 H
  • $459,000
 
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  • 65 Hurlbutt Street
  • Wilton, Connecticut
  • Bedrooms: 5 • Bathrooms: Four full, 2 hlf
  • $1,275,000
 
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  • 5 East Wind Lane
  • Wilton, Connecticut
  • Bedrooms: 4 • Bathrooms: 3F 1H
  • $949,000
 
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  • 52 Tanners Drive
  • Wilton, Connecticut
  • Bedrooms: 5 • Bathrooms: 3 F, 1 H
  • $1,075,000
 
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  • 10 Hunters Lane
  • Norwalk, Connecticut
  • Bedrooms: 4 • Bathrooms: 2
  • $449,000