Just Rented!  17 Fairfield Ave, # 28 was just rented for $1,100 / month with heat & hot water included.

This is a great unit, just steps to all Sono has to offer.  Here is a link to that listing:

http://CMLS.fnismls.com/publink/default.aspx?GUID=7f104e62-5676-4c69-8642-8cf124fd7c46&Report=Yes

Check out this article by Tom Brassfield regarding reduced restrictions on FHA borrowers.

This news is particularly helpful for investors (looking to flip a property) who previously had to buy and hold a place for 90 days until a buyer could purchase the property using an FHA loan.

This makes flipping a property slightly more appealing, even in this market, as this change in FHA policy has expanded the pool of potential buyers.

http://kcinvestmentproperty.wordpress.com/2011/01/19/fha-allows-flipping-with-restrictions/

New Rental listing on West Cedar.

1 BR with newer stove, laundry and storage in basement, and OFF/ST parking.  Here is the link to the property:

http://CMLS.fnismls.com/publink/default.aspx?GUID=72bb479c-3788-4565-9bfe-1a659f3957ab&Report=Yes

Just Rented!  77 Winfield St., # 8 just rented for $950.  A great location to walk to the East Norwalk train, and jog to the beach (as soon as we get some warm weather)!

Here is the link to that property:

http://cmls.fnismls.com/publink/default.aspx?GUID=9e7cb1f1-18a2-4d39-8199-2cbf48c21d14&Report=Yes

Just Rented!  150 West Cedar St., # 15 just rented for $950.  A quality place for a fair price!

Here is the link to that property:

http://CMLS.fnismls.com/publink/default.aspx?GUID=833c8ae5-5b5f-4787-a553-dcfa977cb78e&Report=Yes

Just Rented!  10 Wall St., # 201 just rented for $1,295.  We had a lot of interest in this unit, and the new tenants got a great place!

Here is the link to that property:

http://CMLS.fnismls.com/publink/default.aspx?GUID=d8bbb174-496b-4432-9087-76637d9e942f&Report=Yes

Here’s proof to what most of us already know; it is expensive to live in this area!

“The Stamford-Norwalk area is the most expensive rental housing market in the nation, requiring a $72,000 household income to afford a typical monthly rent of $1,800, according to study released Wednesday.”

This article (from the CT Mirror) is about 9 months old, however not much has changed with the housing market in 9 months, and rental rates have held steady during that time.  Check out the full article here:

http://www.ctmirror.org/story/5585/stamford-norwalk-rental-housing-market-called-nations-most-expensive

New Rental listing on Ferris.

2 BR with washer / dryer in unit, off-street parking, well maintained! See the following link for more information!

http://CMLS.fnismls.com/publink/default.aspx?GUID=833dc52f-d631-47ef-87e4-3d0c4a0efc0a&Report=Yes

New Rental listing on Soundview, just listed today.

1 BR with washer / dryer in unit, new pergo floors, well maintained! See the following link for more information!

http://CMLS.fnismls.com/publink/default.aspx?GUID=25ddf9b4-d257-446d-8b40-1365ed8d918c&Report=Yes

Just Rented!  158 West Cedar, # 36 just rented for $830, a great deal!

Here is the link to that propery:

http://CMLS.fnismls.com/publink/default.aspx?GUID=83bea785-686b-48d4-9245-dd984613656d&Report=Yes