1 Thames St., a single family house in Norwalk, just sold yesterday for $205,000.

This 3 BR, 1 bath home has TONS of potential, and the new owner looks forward to bringing that potential to fruition.  The home features hardwood floors, a large back deck, a 3 season porch, stainless steel appliances in the kitchen, and a detached 1-car garage.

For more information about this particular Norwalk house for sale, CLICK HERE.

For more information on Norwalk real estate, visit www.NorwalkRealEstateTodd.com or check us out on Facebook at www.Facebook.com/NorwalkRealEstate

The Yale New Haven Children’s Hospital is opening a pediatric specialty center in Norwalk on Belden Ave, at the site of the former Virgin Atlantic offices.

The center will offer strictly out-patient services.  The new tenant is welcome to a building that has been mostly vacant for a few years.

To read the entire article from the Norwalk Hour, CLICK HERE.

For more info about Norwalk Real Estate, visit www.NorwalkRealEstateTodd.com

If you frequent downtown South Norwalk, expect to see some changes starting in about 6 months.

The Norwalk Zoning Commission just approved a new building to be built on Washington St. in SoNo that will house 52 apartments and provide 90 parking spaces.  Where will they be able to fit that?  Directly next to The Gingerman, where a parking lot is presently located at 99 Washington St.

The 52 unit building is another in a line of planned development in Norwalk.  There are multiple approved developments in Norwalk, but many of them have been slow to actually develop.  Waypointe, located on West Ave, could possible be the most active job site at the moment.  After a slowdown due to discovery of asbestos, that project looks to be up and moving again.

Norwalk residents are mostly optimistic about the new developments, but want to see these developers actually deliver on their proposals.  If just half of the proposed developments in Norwalk come to fruition in the next 1-2 years, there will be some very noticeable changes.

For more information on the new 52 unit apartment building, CLICK HERE.

For information on Norwalk real estate, or to ask Todd any questions, visit www.NorwalkRealEstateTodd.com

25 Chestnut St. # 3I, a 2 BR apartment for rent in SoNo, was just listed for $1,450 per month!

This 2 BR, 1 Bath condo features hardwood floors, a private porch for grilling, and a 30 second walk to the South Norwalk train station!  All of the attractions of South Norwalk are also just a short walk away.  For more information about this specific SoNo rental, CLICK HERE.

For more information about Norwalk and SoNo rentals, visit www.NorwalkRealEstateTodd.com and send Todd a message!

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6 McAllister, a single family house for sale in Norwalk, was just reduced to $239,000!

This 3 BR, 2 Bath home is another Norwalk short sale, and the list price is short-sale approved.  The house offers a large back deck, finished basement, and 1 car attached garage.

For more information about this Norwalk house for sale, CLICK HERE.

For more information about Norwalk real estate, visit www.NorwalkRealEstateTodd.com

The rental market has been pretty hot in the past year.  The rental market in Norwalk is also very strong.

Tenants saw the average price of rentals drop when the real estate bubble burst, but it has been slowly gaining strength since 2009, and rental rates are still creeping up.  Rental rates in Norwalk and in lower Fairfield County are increasing roughly 3% per year depending on the town and location.

Tenants don’t have to be too worries though as new construction rates have crept up to meet some of the demand.

There are many reasons why the rental market has stayed strong.  Part of it has to do with our uncertain economic situation and fear that we are in for a double-dip recession.  Another part is that it has been harder for would-be buyer’s to come up with the necessary down payment in order to buy a property.

To read more about the strengthening rental market in an article from DSNews.com, CLICK HERE.

To read more about Norwalk area real estate, visit www.RealEstateTodd.com.  You can also check us out on Facebook at www.Facebook.com/NorwalkRealEstate.

As always, feel free to CONTACT TODD anytime with any questions.

26 Soundview, a single family house for rent in Norwalk, was just reduced to $2,350 per month.

This 3 BR, 2 bath, single family home boasts hardwood floors, newer appliances, great closet space, and a convenient location to access South Norwalk and I-95.

For more information about this particular Norwalk rental, CLICK HERE.

For information on every rental in Norwalk, visit www.NorwalkRealEstateTodd.com and search listings, or send Todd and email!

22 Ferris # 10, a one bedroom apartment for rent in Norwalk, just rented for $1,350 per month!

In a blog post from a couple of days ago, I posted this unit as a new listing and mentioned this one should rent quickly… and it did!  This apartment lasted just 2 days on the market and rented for the list price of $1,350 per month.

For more information about this particular Norwalk apartment, CLICK HERE.

For information about the City of Norwalk and any other questions on Norwalk real estate, visit www.NorwalkRealEstateTodd.com and send Todd an email!

22 Ferris # 10, a 1 bedroom rental in Norwalk, was just listed for $1,350 per month!

This 1 BR apartment is light and bright with brand new carpet & paint, an updated kitchen & bath, and a large living room.  It offers closet space for a 1 bedroom.  Washer / dryer in unit!

For more info about this great 1 BR rental, CLICK HERE.

For information about every Norwalk rental on the market, visit www.NorwalkRealEstateTodd.com and search listings!