As in the rest of Fairfield County, number of homes sold in Black Rock has slowed down. At this time last year 29 single family homes had closed between 1/1/07 and 10/1/07, whereas only 18 single family homes closed during the third quarter of 2008. In Fairfield 648 homes had sold in the third quarter of 2007 compared to 434 this year. In Bridgeport 409 homes had sold in third quarter of 2007 compared to 306 in the third quarter of 2008. The inventory of homes for sale in Black Rock remains at normal levels, so prices have not been under as much pressure as in Bridgeport or Fairfield. Black Rock sale prices actually increased by 6% from a median of $316,000 for Q3 2007 to a median of $336,000 for Q3 2008. This compares favorably to sales in Fairfield and Bridgeport where prices have decreased. In Fairfield sale prices decreased by 3% from a median of $610,000 for Q3 2007 to $600,000 for Q3 2008. Bridgeport sale prices have decreased by 20% over the past year, from a median of $249,000 for Q3 2007 to $199,000 for Q3 2008.
Sales at the high end of the market have slowed significantly in Black Rock. There is an overabundance of inventory at the high end with five homes on the market priced over a million dollars. Black Rock has had one sale over $600,000 in 2008 for $849,000, a home with water views of Ash Creek, which sold for full list price and had multiple bidders. It went under contract in 37 days. In the mid-range from $350,000 to $450,000 inventory is low with only 6 homes on the market. Homes in this price range in top condition are in demand by buyers.
Contrary to popular belief, there is mortgage money available from a number of lenders. However, standards are high and borrowers must have excellent credit (720 FICO score or higher) and be willing to provide verification of their financials. Mortgage money is expected to free up over the next 1-2 months due to the "bailout" approved by Congress.
Progress on the Black Rock Train Station and the influx of upscale retail stores, restaurants, and cafes along Fairfield Avenue has a positive impact on buyers' perceptions of Black Rock. Black Rock is becoming more well-known and is viewed as a desirable community given its access to Long Island Sound and the Ash Creek Tidal Estuary as well as our small-town feel within a sophisticated urban setting. Our sense of community with interesting and talented residents, attracts people from the suburbs and even from Manhattan, who are looking for cultural events and coastal living at an affordable price.
The Acoustic Café (335-3655) - The Apple Pirates and Tim Walsh will perform a free show tonight (10/9) from 9 PM - Fro will play Friday evening (10/10) at 9 PM ($5), Darian Cunning ($5) and Phil Marchisotta will play from 9 PM. There will also be an Open Mic night on Tuesday (10/14) at 9 PM ($3) and an Open Blues Jam on Wednesday (10/15) at 9 PM ($3) hosted by The Fairfield Trio. Abby Lappen, Casey Desmond, Chad Hollister, Jo Williamson, Kath Bloom & Tom Hanford, Nik Rael, Sam Weiser, Sonia of Disappearfear, Soulfarm, Todd Giudice, and Todd Mack will perform at a fundraiser for the FODfest tour - Friends of Danny Pearlman. Admission is free, but donations are being accepted.
Ray Kelly's Pub (333-6278) - Bobby Wheeler will play tonight (10/9), The Grapes on Friday night (10/10), and Skakedown on Saturday night (10/11)
"The History of Fayerweather Yacht Club and Black Rock Harbor"
To be held Monday, September 29th at 6:30 PM at the North Branch Library 3455 Madison Ave, Bridgeport.
Robert Kranyik will relate the history of the yacht club, whose original structure was built in 1772 by Samuel Smedley and Samuel Sturges of Fairfield and was part of the main waterfront of Black Rock known as the "Upper Wharves".
It was a storehouse for many of the goods that reached Black Rock from the West Indies, China and other parts of the world and also served as the customs house.
For more information, call Audrey, Bridgeport Community Historical Society at 337-2048 weekdays
The Acoustic Café (335-3655) - The Adam Ezra Group will play Friday evening (9/19) at 9 PM ($5). There will also be an Open Mic night on Tuesday (9/23) at 9 PM ($3) and an Open Blues Jam on Wednesday (9/24) at 9 PM ($3)
Cafe Tavolini (335-1111) - Steve D'Agostino will play at 9:30 PM on Friday evening (9/19)
Ray Kelly's Pub (333-6278) - The Grapes will perform on Friday night (9/19), and Katie Pearlman on Saturday night (9/20)
Captain's Cove (335-7104) - Chris Barber performs Friday night at 6 PM, Timeless on Sunday (9/21) at 3 PM, Rush Hour on Sunday (9/21) at 7 PM
The Green Room (384-2233) - Nardy Boy plays Friday night and The Problematics, Planeside, and The Injections will play Saturday night
The Acoustic Café (335-3655) Ryan Montbleau and Philadelphia's Jim Boggia play Friday night (9/12) at 9 PM ($10) ages 21+. There will also be an Open Mic night on Tuesday (9/16) at 9 PM ($3) and an Open Blues Jam on Wednesday (9/17) at 9 PM ($3). www.acousticafe.com
Baxter's (335-2395) - The Jon Slow Band on Friday night (8/29) http://baxtersofblackrock.com
Captain's Cove (335-7104) - The Blue Steam Band on Saturday (9/13) at 9 PM, The Bernadettes on Sunday (9/14) at 3 PM, Hot House on Sunday (9/14) at 7 PM www.captainscoveseaport.com
Lady Luck (572-0372) - Simple Jim on Friday (9/12)
Ray Kelly's Pub (333-6278) - The Josh Douglas Band on Friday (9/12) and Pimpinella on Saturday night (9/13)
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Gail is the #1 listing agent in Black Rock & has been actively involved in this community for the past 30 years. Any agent can show you a home, but only a few have in-depth knowledge of a community.
I am the #1 real estate agent for the Black Rock section of Bridgeport, a sophisticated urban community with great natural beauty located along the Fairfield County shoreline in Connecticut. My in-depth knowledge of this community and its real estate provides me with the ability to give my clients the best possible representation in buying or selling properties in Black Rock. I work with both residential and investor clients on single family, multi-family, condominium, and co-operative properties. I am very active in my community and am the founder and publisher of the Black Rock Community Blog (www.blackrockonline.org) which provides residents with local news, information, links to other organizations, and a community calendar.
I love Black Rock and have lived here for 30 years. I am deeply involved in the community and try to give back as much as it has given me. I love my real estate career. I come in contact with people during very stressful, difficult times of transition in their lives and I see my role as relieving some of that stress by providing the most capable, professional real estate services that I am capable of. My strong work ethic and dedication to my clients is what sets me apart from many agents. Real estate is my full-time profession and is my focus. You'll get my attention on a daily and even hourly basis, if that is what's required. I'm here to help you through a potentially difficult time and act as your advocate and advisor. My approach to marketing properties is proactive and innovative. My track record in listing and selling properties in Black Rock is unparalleled. Allow me to show you the results of my marketing strategies.
Accomplishments
I have achieved the designation of Exceptional Properties Specialist awarded to agents experienced in selling high-end properties and am a member of the Chairman's Club, which means I am one of the top 10% of agents in terms of volume and sales in the company. I have also received the Customer Service Excellence Award based on testimonials from very satisfied clients.
Designations
I have the the REALTOR designation, which is attained by less than 50% of all real estate agents and I have achieved my GRI designation from the Graduate Realtor Institute which requires 12 days of intensive classroom work and is held by less than 20% of all REALTORS. I also obtained my e-PRO designation, which provides expertise in the use of Internet technology.
My husband, Bill Pinciaro, and I run Pinciaro & Robinson, a commercial and residential real estate business with the William Raveis Real Estate firm, which is located in Southport, Connecticut. Bill specializes in commercial real estate in Bridgeport and surrounding towns and cities.
Prior to my real estate career, I held internal and external consultancy positions with Fortune 500 companies, such as PepsiCo, Citigroup, Unilever, and Pfizer. I have a Ph.D. from Columbia University, which I obtained in 1990 in Organizational Psychology.
I am a community activist who has been involved with the Black Rock community for over 20 years as a founding member of the St. Mary's Block Watch, Black Rock Neighborhood Block Watch, and the Ash Creek Conservation Association, Inc. I remain active in protecting the Ash Creek tidal estuary as President of the Ash Creek Conservation Association, a 501 (c) 3 charitable organization.
I believe blogging is emerging as an important technological tool for community activists and that by combining my professional interests in real estate with my community interests in a community blog (www.blackrockonline.org) everyone can benefit. Blogging allows members of the community to participate online and community organizations to post events and information directly without an intermediary. This ensures that information will be refreshed and updated by its originators. It provides a resource for community members and an opportunity for the sponsor and community organizations to share their information.
I can be reached at (203) 521-0768. My e-mail address is gail5@optonline.net. Please contact me any time to discuss your real estate needs.
Gail Robinson, REALTOR, GRI, e-PRO
Exceptional Properties Specialist
William Raveis Real Estate 2525 Post Road, Southport, CT 06890
Licensed in Connecticut
Phone: (203) 521-0768 Fax: (203) 659-0693
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