June 16, 2020

The Pros and Cons of CT Life


Are you wondering what it's like to live in the great state of Connecticut? What are the pros and cons? You're probably wondering how the commute time is to and from work. What are the areas like? How are the schools? Where will you go shopping? What is there to do here in Connecticut?

Hi, I'm Dave Jones and this is CT Life, and I cover all that and more in this episode. Be sure to click subscribe up above and be notified every time we post a new episode.

One of the pros is the location. New York is just 90 miles away and Boston is 100 miles. So whether you're a Red Sox fan or a Yankees fan, Connecticut has you covered. Connecticut is made up of mostly smaller towns. In fact, only five cities have populations over 100,000. Those are New Haven, Bridgeport, Stanford, Hartford, and Waterbury. Another pro is in the smaller towns you typically have a little larger yard. The average lot size is 25,000 square feet, which is just over a half-acre. One of the cons of living in Connecticut. We have the second-highest tax rate in all of the United States.

Okay. So now that we know where it's located, let's talk about the commute to and from Connecticut. One pro about Connecticut is several towns have Metro-North terminals that run directly to Grand Central Station. It makes getting in and out of New York City very easy. Another pro of Connecticut is our highway system. There are literally five ways to get anywhere you need to be in Connecticut. So you can find back roads and highways and byways to get you where you need to get fast. One con to living here in Connecticut is we are typically in the top 10 for the highest price per gallon for gasoline.

Okay. So now that we know about the commute, let's talk about details such as school, shopping, and convenience factor. Schools vary very much by the town. There are several places online that you can look up the reviews of the schools. Let your realtor know and they will be happy to point you in the right direction. Every town has an option for public or private schools, depending on where you're located and where you're interested in buying.

One good thing about Connecticut is you're never more than 15 minutes from a shopping center, a big box retailer, or a grocery store. Here in Connecticut, the largest grocery store is Stop & Shop with over a hundred locations. Here, you'll find everything from a fresh bakery to meats and deli. Several locations even have gas stations.

Okay. So now that we know about the overall area a little bit, let's talk about the lifestyle here in Connecticut. One of the pros is Connecticut has a AA baseball team, the Hartford Yard Goats, that has an awesome new stadium, Dunkin' Donuts Park. We're also known for our Yukon Huskies basketball and football programs.

If you're looking for nightlife and entertainment here in Connecticut, we have you covered there as well. Connecticut has two of the largest resort casinos in all of the United States, Mohegan Sun and Foxwoods Resort Casino. They're known for their award-winning restaurants and five-star hotel accommodations. Here in Connecticut we also have 110 state parks and 100 miles of shoreline. On a beautiful day like today, there is so much that you could get out and do. The one con I can think about living here in Connecticut since the Hartford Whalers left, we don't have a pro sports team.

Another great thing about Connecticut is we are a typical New England state and we have four distinct seasons. During the summer you can expect an average high of about 85 degrees. In the fall, we are known for our foliage and people come from across the US to go to the hills of Litchfield County every year, just to see the leaves change. One drawback to being a New England state is our winters. We have several large snowstorms every year, and you probably want to have a pretty decent four-wheel-drive vehicle just to be safe.

Well, I hope this video gave you some insight into the pros and cons of living in Connecticut. If you should have any additional questions about CT Life or real estate here in Connecticut, don't hesitate to ask. Again, I'm Dave Jones and this is CT Life.

April 13, 2020

One of the Best Neighborhoods in CT: Waterbury Connecticut

Although located 70 miles north of New York City, the nightlife in Waterbury is still noteworthy. The Highland Brass Bar is one of the more popular spots that is always filled with people and can make any night a great one. 


Not only is this an extremely happening area, it is also super convenient. Interstate 84 runs right through it and Metro North is a traveler’s hub which runs directly toIf you’re looking for an ideal spot to live or invest in that is the perfect mix of fun and calmness, then I’ve got just the place for you. Waterbury, Connecticut, often referred to as the brass city! Waterbury used to be the brass capital of the world with over 50,000 brass workers. Today, this is one of the hottest real estate markets here in Connecticut and here is why.


When you are looking for a place to call home, one of the most important details is what there is to do surrounding you. In Waterbury, there is a surplus of activities for people of all ages and interests. The Country Club of Waterbury being one of the most popular in the area. This private golf club hosts an array of tennis courts, swimming pools, and to top it all off, an award winning restaurant. If the country club isn’t your style, there are also many other family friendly activities such as indoor go karting, batting cages, and a new hip and fun axe throwing spot! Any of these places makes for the ideal date night or family night. 


Over on Highland Avenue, you will find some of the greatest restaurants in all of Connecticut. This includes the famous D'Amelio's Italian Eatery, where you can enjoy some of the best Italian food you’ve ever had, La Tavola which has some amazing desserts, and Highland Garden where you can get fast and easy chinese food at a great price.  Grand Central Station. It is super easy to commute from Waterbury and it is truly the best of both worlds.


Now the juicy stuff: cost of living. In 2019, 800 single family homes were sold at 98% of the asking price. A three bedroom two bath sitting on a quarter of an acre of land averaged at $131,000. In regard to multi family homes, 250 sold last year with an average price of $149,000 for a 6 bedroom, 3 bathroom and only spent 66 days on the market! Condos also made a killing with 188 of them being sold with an average of 44 days on the market. This is a great opportunity for investors or out of state buyers. If you would like any more information or would like to start seeing houses, I would be happy to help!

April 1, 2020

The #1 Thing You Can Do Now to Position Yourself to Buy a Home This Year

The #1 Thing You Can Do Now to Position Yourself to Buy a Home This Year

The #1 Thing You Can Do Now to Position Yourself to Buy a Home This Year | MyKCM

The last few weeks and months have caused a major health crisis throughout the world, leading to a pause in the U.S. economy as businesses and consumers work to slow the spread of the coronavirus. The rapid spread of the virus has been compared to prior pandemics and outbreaks not seen in many years. It also has consumers remembering the economic slowdown of 2008 that was caused by a housing crash. This economic slowdown, however, is very different from 2008.

One thing the experts are saying is that while we’ll see a swift decline in economic activity in the second quarter, we’ll begin a sharp rebound in the second half of this year. According to John Burns Consulting:

“Historical analysis showed us that pandemics are usually V-shaped (sharp recessions that recover quickly enough to provide little damage to home prices), and some very cutting-edge search engine analysis by our Information Management team showed the current slowdown is playing out similarly thus far.” 

Given this situation, if you’re thinking about buying a home this year, the best thing you can do right now is use this time to get pre-approved for a mortgage, which you can do from the comfort of your home. Pre-approval will help you better understand how much you can afford so that you can confidently do the following two things when you’re ready to buy:

1. Gain a Competitive Advantage

Today’s low inventory, like we’ve seen recently and will continue to see, means homebuyers need every advantage they can get to make a strong offer and close the deal. Being pre-approved shows the sellers you’re serious about buying a home, which is always a plus in your corner.

2. Accelerate the Homebuying Process

Pre-approval can also speed-up the homebuying process so you can move faster when you’re ready to make an offer. Being ready to put your best foot forward when the time comes may be the leg-up you need to cross the finish line first and land the home of your dreams.

Bottom Line

Pre-approval is the best thing you can do right now to be in a stronger position to buy a home when you’re ready. Let’s connect today to get the process started.

March 23, 2020

Will Covid 19 lead to a CT housing crash?

With growing uncertainty in the world today is Connecticut headed for a housing crash?



Here are five simple graphs to prove. This time is not like the last time back before the housing bubble burst. Everybody that had a signature had a mortgage. Nowadays, the mortgage companies are much more selective in who they give their pre-qual letters to and that's a good thing. It makes it harder to get a mortgage, but the people that are getting mortgages are actually qualified. The six years leading up to the housing crash, we saw double-digit appreciation on homes. This wasn't a good thing. It was setting us up for a crash. Over the last six years, we've had 5% on average increase. It's been very steady. That's also a good thing. Last time there was an oversupply of inventory. We had 8.2 months worth of homes on the market. Right now, there's 3.1 months' worth of inventory. The lower inventory means less chance of a crash. The last housing bubble burst and scared a lot of people back then. People on average spent 25.4% of their income on their homes. Right now, people are being a little more frugal. They're only spending 14.8% of their income on their house today, much less of a family's monthly income is going towards their mortgage payment.

Leading up to the housing crash. People were using their houses like ATM machines. They were pulling out equity. Any chance they got to the tune of $824 billion worth of equity pulled out from 2005 to 2007 in comparison from 2017 to 2019 us has only pulled out 232 billion worth of equity, just a fraction of what they did the last time. While I agree, it's a scary time. I don't think Connecticut's headed for a housing crash. The economy was doing way too well before this happened. We'll get right back to it. In the meantime, listen to what they're telling you to do. Stay home. Enjoy your family, wash your hands. Practice social distancing, and for the love of God. If you don't need three packs of toilet paper, leave some for your neighbors. Hope to hear from you soon. Let me know if you have any questions.

I'm Dave Jones with Dave Jones Realty. This is CT life. If you're interested in life here in CT, then click subscribe up above. We're here to provide information on all the people, places, and things that make Connecticut awesome.


covid 19 in Connecticut

covid 19 in Connecticut

covid 19 in Connecticut

covid 19 in Connecticut

covid 19 in Connecticut




Posted in Market Activity
March 20, 2020

Three Reasons Why This Is Not a Housing Crisis

Three Reasons Why This Is Not a Housing Crisis

Three Reasons Why This Is Not a Housing Crisis | MyKCM

In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any situation. With concerns of a global recession on everyone’s minds today, it’s important to take an objective look at what has transpired over the years and how the housing market has successfully weathered these storms.

1. The Market Today Is Vastly Different from 2008

We all remember 2008. This is not 2008. Today’s market conditions are far from the time when housing was a key factor that triggered a recession. From easy-to-access mortgages to skyrocketing home price appreciation, a surplus of inventory, excessive equity-tapping, and more – we’re not where we were 12 years ago. None of those factors are in play today. Rest assured, housing is not a catalyst that could spiral us back to that time or place.

According to Danielle Hale, Chief Economist at Realtor.com, if there is a recession:

"It will be different than the Great Recession. Things unraveled pretty quickly, and then the recovery was pretty slow. I would expect this to be milder. There's no dysfunction in the banking system, we don't have many households who are overleveraged with their mortgage payments and are potentially in trouble."

In addition, the Goldman Sachs GDP Forecast released this week indicates that although there is no growth anticipated immediately, gains are forecasted heading into the second half of this year and getting even stronger in early 2021.Three Reasons Why This Is Not a Housing Crisis | MyKCMBoth of these expert sources indicate this is a momentary event in time, not a collapse of the financial industry. It is a drop that will rebound quickly, a stark difference to the crash of 2008 that failed to get back to a sense of normal for almost four years. Although it poses plenty of near-term financial challenges, a potential recession this year is not a repeat of the long-term housing market crash we remember all too well.

2. A Recession Does Not Equal a Housing Crisis

Next, take a look at the past five recessions in U.S. history. Home values actually appreciated in three of them. It is true that they sank by almost 20% during the last recession, but as we’ve identified above, 2008 presented different circumstances. In the four previous recessions, home values depreciated only once (by less than 2%). In the other three, residential real estate values increased by 3.5%, 6.1%, and 6.6% (see below):Three Reasons Why This Is Not a Housing Crisis | MyKCM

3. We Can Be Confident About What We Know

Concerns about the global impact COVID-19 will have on the economy are real. And they’re scary, as the health and wellness of our friends, families, and loved ones are high on everyone’s emotional radar.

According to Bloomberg,

“Several economists made clear that the extent of the economic wreckage will depend on factors such as how long the virus lasts, whether governments will loosen fiscal policy enough and can markets avoid freezing up.”

That said, we can be confident that, while we don’t know the exact impact the virus will have on the housing market, we do know that housing isn’t the driver.

The reasons we move – marriage, children, job changes, retirement, etc. – are steadfast parts of life. As noted in a recent piece in the New York Times, “Everyone needs someplace to live.” That won’t change.

Bottom Line

Concerns about a recession are real, but housing isn’t the driver. If you have questions about what it means for your family’s homebuying or selling plans, let’s connect to discuss your needs.

March 18, 2020

Why Connecticut Is THE Place to Live


Yo-ho, yo-ho, a CT life for me! Connecticut: the nutmeg state, the constitution state, the place I call home! In this series I’m going to show you why Connecticut is THE place to live. Do you like color tv? How about helicopters? If so, you’ve got the state of Connecticut to thank for those inventions. Alongside those, it is also the birthplace of nuclear submarines and speed limits. 1901 was when the first speed limit was put into place at a whopping 12 miles per hour! 


Another claim to fame Connecticut has Louis Lunch in New Haven. Family owned and operated, they are currently one of the oldest, family-run businesses in the country. They are also the birthplace of the hamburger sandwich. They are so committed to serving a classic hamburger that they will refuse to serve it with ketchup, only cheese, onion, and tomato as garnishes. The burger itself is cooked inside a steamer, not a grill, to give it more taste. 


Aside from all the delicious food Connecticut has to offer, they also have plenty of outdoor activities to keep you happy and on the move. The most popular being the Farmington Canal Heritage Trail which is 80 miles long. Whether you are a runner, walker, roller blader, skateboarder, or bike, this trail is perfect for you and anyone else with an active lifestyle. 


Last, but certainly not least, is the iconic Yale University. This 6% acceptance rate university has 5 presidential alumni and other political leaders such as Hilary Clinton. With 169 cities, Connecticut has a huge variation in house prices. The cheapest area being Waterbury where houses average at $122,000 and the most expensive being in Greenwich, with their houses average $1.35 million. If you’re looking to find the right fit in the right area of Connecticut, I’m your guy! Feel free to reach out to me and be sure to subscribe to stay up to date with all things CT!

March 10, 2020



Please join us at Woodland Regional High School located at 135 Back Rimmon Rd. Beacon Falls, CT. on Tuesday March, 10, 2020 from 6P.M. to 7:30P.M. for Heroin and Opioid Awareness Event sponsored by the U.S. Attorney's Heroin Education Team. This event will be educational and is open for anyone to attend.

Posted in Community
March 9, 2020

Greater New Haven St. Patricks Day Parade


The largest single-day spectator event in the state of Connecticut.

The Greater New Haven St. Patrick’s Day Parade, steps off at 1:30 p.m, on Sunday, March 15, 2020.

Posted in Community
March 8, 2020

The 49th Annual Greater Hartford St. Patrick's Day Parade

Come down to the parade route early and get your seat! The parade begins at Capitol Avenue by the State Capitol, takes a left on Main Street, a left on Asylum, a left on Ford Street, and then ends by the Memorial Arch. If you can not make it downtown, the parade will be broadcast live on CW 20 (beginning at 11:30a.m.) on Saturday March 9th, and will be replayed on Fox 61 on St Patrick’s Day, Sunday March 17th at noon. Please note, there will be some road closures along the parade route before the parade. Parking is available in various lots and garages near the XL Center area and Convention Center.

Posted in Community
March 6, 2020

Corned Beef and Cabbage













Place corned beef in large pot or Dutch oven and cover with water. Add the spice packet that came with the corned beef. Cover pot and bring to a boil, then reduce to a simmer. Simmer approximately 50 minutes per pound or until tender.

  1. Add whole potatoes and carrots, and cook until the vegetables are almost tender. Add cabbage and cook for 15 more minutes. Remove meat and let rest 15 minutes.
  2. Place vegetables in a bowl and cover. Add as much broth (cooking liquid reserved in the Dutch oven or large pot) as you want. Slice meat across the grain.
Posted in Community