New Haven County, CT Real Estate News

By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What Happened in The Prospect CT Real Estate Market Prospect August 2022?   Prospect CT is a town of App 10,000 residents located in New Haven County. It is bordered by Waterbury, Cheshire, Naugatuck and Bethany.  One noted by Money Magazine as one of the top 300 towns in the Nation, it has since adopted the title of Best small town in CT.It serves as a predominately residential community whose residents commute to the nearby towns.  It has a well recognized Regional school system shared with Beacon Falls CT.  It is also recognized as a well-managed town with taxes under control.  Search for homes in Prospect CTCurrently in Prospect CT there are 16 active residential listings for sale, with 4 new listings added in August . The homes for sale in Prospect CT range from a 1,226 square ft, ...
Comments 9
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
The Fall Colors are Starting in Central CTWe have transitioned into the season of color known as Fall. Very quickly the trees will start their changes and fall foliage will be all around us here in Connecticut.As I was walking with a client I noticed a spray of color at the base of an oak tree.From a distance it looked like a cluster of mini pumpkins, but as I got closer it was a mushroom cluster and a color I had not seen before.While they may look very tempting, i do know that the only mushrooms I would eat come in bags from the local grocery.Other colors will come soon, and I will share them as well.The Fall Colors are Starting in Central CT 
Comments 23
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Veterans Memorial in Prospect CT  Friday FlagsWe have a brisk Autumn like day in Prospect T this day and as I drove [assed the town center I took a detour onto the Green are of the town.The flag in the center of the square was flowing in the autumn breeze. It stands adjacent to the Veteran's Memorial on the green.The original monument was dedicated in 1907 and has the names of the locals that fought in the Revolutionary and Civil Wars, as well as Worl War 1The smaller monument at the front of the fenced area was dedicated in 1977 and honors the fallen residents in World War II, as well as the Korean conflict and Viet Nam.As mankind tends to repeat it's errors, there will most likely be another memorial at some point in the future dedicated to the fallen in other areas of the world as we...
Comments 6
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
September 2022 Market Trends For Waterbury CT's West End Side, Zip 06708The 06708 Zip code encompasses the west side of Waterbury with 4 neighborhoods known as Brooklyn, Town Plot, Lower and Upper Bunker Hill. It is also the largest zip code in Waterbury. There are currently 41 active listings in the 06708 zip code with the average value of the homes for sale in Waterbury's 06708 zip code available for sale is $272,036 with average days in market of 36. There are also currently 61 properties under show or hard deposit contracts. For the year 2021 year there were 430 closed listings in the 06708 zip code of Waterbury with an average sales price of $225,836 and average days on market of 38. This suggests an absorption rate of 36 sales per month which means the current inventory is less th...
Comments 9
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Home’s Value August 2022Waterbury CT is the second largest town in New Haven County with a population of app115,000. It is 33 miles southwest of Hartford, 25 miles north of New Haven and 77 miles northwest of New York City. The larger factories that once dominated the Connecticut manufacturing economy are no longer in Waterbury, essentially changing form the brass meals they used for raw materials and converting to cheaper and lighter aluminum or plastic. Currently in Waterbury CT there are 113 active residential listings for sale, with 51 new listings being added in August. The homes for sale in Waterbury CT range from a 1,024 square ft, 2-bedroom townhouse style row house listed at $40,000 to a 2,936 square ft, 3-bedroom  colonial listed at $629,900. These listi...
Comments 2
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
It's Labor Day, September 5, 2022It's Labor Day, which was a day originally intended to be a day of recognition for those that labor hard all year round. And maybe just a way of putting a holiday at the beginning of fall.The tone of the day has gotten lost over the years, as stores stay open for shoppers; we in real estate are still making calls and showing houses; and few people are just taking a break.Historically, we in the United States have been recognized by foreigners as people that work too much, and don't know how to take time off to relax. The history of this country has and will continue to be as a land of opportunity where hard work can pay off, and anybody that is willing to put in the efforts can succeed.So if your choice is to take advantage of the offering and relax a bi...
Comments 10
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags McGrath Park in Prospect CTMcGrath Park in Prospect CT is centrally located and offers some facilities and diversions for residents or anyone else that choses to spend time there.The pond is man-made and hosts fishing derbies for young and old with stocked varieties of fish.The excessive heat coupled with the drought this summer has made it difficult to maintain lawns and the park shows the stress.Apart of the park includes tennis courts and also part of them have been converted to pickle-ball courts and they are very well used.The flag flies right along Rt 68, the Cheshire Rd and it is partially blocked from the winds by the large hill adjacent to the park. I was fortunate to be passing by when the gust caught it and wanted to share it as well.There is parking for the park...
Comments 8
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags in Waterbury CT,  AgainThere is a public park in the East Mountain section of Waterbury that is always a hub of activity.  Seasonal there re little league baseball games, soccer games, basketball is constant, and for the younger kids, a playscape and splashpad.The flag on the grounds was blowing with the stiff breeze that was behind it, and it was stirring and proudful.It is a view that a true American can never get too much of.Friday Flags in Waterbury CT,  Again
Comments 17
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What Happened in The Prospect CT Real Estate Market Prospect July 2022?   Prospect CT is a town of App 10,000 residents located in New Haven County. It is bordered by Waterbury, Cheshire, Naugatuck and Bethany.  One noted by Money Magazine as one of the top 300 towns in the Nation, it has since adopted the title of Best small town in CT.It serves as a predominately residential community whose residents commute to the nearby towns.  It has a well recognized Regional school system shared with Beacon Falls CT.  It is also recognized as a well managed town with taxes under control.  Search for homes in Prospect CTCurrently in Prospect CT there are 20 active residential listings for sale, with 8 new listings added in July . The homes for sale in Prospect CT range from a 1,226 square ft, 3-be...
Comments 9
By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
My latest column is out on Bloomberg Tax: Are You a Non-Filer? How to Come in From the Cold With the IRSIn it I walk you through whether the tax returns can just be filed, how many years to file, and when the taxpayer should consider making a voluntary disclosure with the IRS.Check out the column here and let me know if you have any questions or comments: https://news.bloombergtax.com/tax-insights-and-commentary/are-you-a-non-filer-how-to-come-in-from-the-cold-with-the-irs Thanks, EricEric L. Green, JD, LL.M.Green & Sklarz LLC1 Audubon Street, 3rd FlNew Haven, CT 06511egreen@gs-lawfirm.comhttps://gs-lawfirm.com 
Comments 1
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags in East Haven CTAs I was driving off the exit in East Haven CT this week, I saw a flag in front of an auto dealership that was more typically in the south.It is quote common when droving down I-95 through the Carolinas and Ga to see an oversized flag billowing in the breeze. It is a rarity up here in Connecticut.  I had to pull over and take a photo.I waited patiently for the breeze to allow it to unfurl and after almost 20 minutes was rewarded with the shot above.This flag was in front of McDermott Chevrolet in East Haven.I didn't see a flag at the Carmax across the highway.Friday Flags in East Haven CT
Comments 19
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Home’s Value July 2022Waterbury CT is the second largest town in New Haven County with a population of app115,000. It is 33 miles southwest of Hartford, 25 miles north of New Haven and 77 miles northwest of New York City. The larger factories that once dominated the Connecticut manufacturing economy are no longer in Waterbury, essentially changing form the brass meals they used for raw materials and converting to cheaper and lighter aluminum or plastic. Currently in Waterbury CT there are 118 active residential listings for sale, with 56 new listings being added in July. The homes for sale in Waterbury CT range from a 1,024 square ft, 2-bedroom townhouse style row house listed at $40,000 to a 3,630 square ft, 4-bedroom  ranch listed at $749,000. These listings are...
Comments 9
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Mother Nature Appreciates it as WellFor all the Friday nights in July we have been attending the Hartford Symphony Orchestra's summer concert series, Talcott Mountain Music Festival under the stars in Simsbury.This year there were no postponed concerts due to rain, which in one way is good, but we do need the rain.The theme of the last evening was the Queens of Soul which showcased songs from some great singers past and present. There were 3 singers that each added their flavor to the songs that were presented.Early into the evening, while still light, one of the singers started to sing the Etta James Classic, 'At Last'.With no moisture in the air, there was a flash of a rainbow right over the shell as even the heavens appreciated the series and the song.It was a fine rendition and a wo...
Comments 13
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags in Waterbury CT Western Hills GCI had the opportunity to play in a 2-day tournament, part of which was played at Western Hills Golf Course, a municipal course in Waterbury CT.The course is most challenging, with lots of hills and small fast greens protected by deep bunkers.Just as one enters the grounds the flag flies proudly right next to the club house.I had a good round with a net of 68 just not good enough to place as my previous round the day before was not so good.It is almost a certainty that a flag would fly at a golf course, and at the very least, I am willing to make the sacrifice to find another course to keep the Friday Flag flying.Friday Flags in Waterbury CT Western Hills GC
Comments 7
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Waterbury  CT Mid Year 2022 Real Estate Market AnalysisThe past 2-plus years have been extraordinary for real estate across the country. It has been consistent here in Connecticut as well. In the world of real estate, the exuberance of the business that had started in 2019 started to slow as people became wary of venturing into homes not knowing who was there or their state of health. Likewise, sellers were wary of having people come into their homes and possibly bringing in a bacterial issue that would infect their families. As people became more confident in going outside and held to precautions, the market began to flourish. In 2020, the market sales or absorption rate was 78 sales per month, with a median sales value of $154,900 and median days on market of 36. In 2021, the market s...
Comments 9
By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
My most recent column on the new enforcement focus on unpaid payroll taxes is out on Bloomberg Tax:https://news.bloombergtax.com/tax-insights-and-commentary/unpaid-payroll-taxes-just-became-more-dangerous-for-ownersIf you or your client has a payroll tax problem please contact me at either (203) 285-8545 or by email at egreen@gs-lawfirm.com.   
Comments 2
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags in Watertown CTI pass this way regularly on Wednesday mornings on the way to a senior golf league n Watertown CT.The building is Crystal Rock Water Co on Buckingham St in Watertown CT. The company provides a number of purified water options with home or office delivery. They have also branched out to other office delivery item in the beverage fields.The company is over 100 years old.  On this day, however, their large flag was at half-mast out of respect for the over 200 people killed at parade events ofver the Holiday weekend.It was a sad way to celebrate the birth of our Nation's independence. The Constitution was written with the amendment to offer citizens the right to bear arms, but at the time, the nation of the early country was such that protecting the home and home...
Comments 6
By Green & Sklarz LLC, Connecticut's Firm for Business Law
(Green & Sklarz LLC)
I am a legal assistant in our tax practice in New Haven, Connecticut and routinely work to represent taxpayers before the Internal Revenue Service.  Most people are unaware that when a married couple files their returns jointly there is something called “joint and several liability”.  This means that both taxpayers are liable for tax, interest or penalties that occur from the return and the IRS does not distinguish between the two people.Did you know the IRS allows you to submit a claim for injured spouse relief?  The term injured spouse refers to one spouse being negatively impacted by the other spouse’s debt.  An Injured spouse relief claim can be used to help one spouse obtain their share of the joint refund that was taken due to the other spouse owing some of the following debts: Pa...
Comments 2
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Happy Independence Day July 4, 2022Independence Day, also called Fourth of July, in the United States, the annual celebration of nationhood. It commemorates the passage of the Declaration of Independence by the Continental Congress on July 4, 1776. It is now celebrated by cities all over the country with parades and when possible fantastic fireworks display.We heard the fireworks from the neighboring town of Waterbury as they had it on a high elevation and the valley carried the sounds up to Prospect. We will have a small gathering of family today with a little barbecue and laughs.We hope you will also celebrate the day and enjoy the company you have.Happy Independence Day July 4, 2022  
Comments 19
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
June 2022 Market Trends For Waterbury CT's West End Side, Zip 06708The 06708 Zip code encompasses the west side of Waterbury with 4 neighborhoods known as Brooklyn, Town Plot, Lower and Upper Bunker Hill. It is also the largest zip code in Waterbury. There are currently 37 active listings in the 06708 zip code with the average value of the homes for sale in Waterbury's 06708 zip code available for sale is $293,300 with average days in market of 43. There are also currently 62 properties under show or hard deposit contracts. For the year 2021 year there were 430 closed listings in the 06708 zip code of Waterbury with an average sales price of $225,836 and average days on market of 38. This suggests an absorption rate of 36 sales per month which means the current inventory is less than 1 ...
Comments 7