August Closings

Single family home closings in Greenwich, Cos Cob, Riverside and Old Greenwich, CT were up 7% in August over the same period the prior year.  Closings generally reflect sales that occurred 30 to 90 days prior.  Compared to last August this year: The number of single family sales was up 7%. Sales volume was downContinue reading “August Closings”

While They’ll Come Back to Visit

Dropping college children off or saying goodbye at the airport isn’t easy.  We’ll miss them.  But we feel confident they will do well.  They have had the blessing of a superior education in Greenwich.  Sure the college application process was grueling, but that’s in part because there are so many highly qualified applicants from Greenwich. Continue reading “While They’ll Come Back to Visit”

606 West Lyon Farm, Greenwich, CT

Gorgeous New Listing!  606 West Lyon Farm Wake up to water views from your east facing first floor master suite.  Good morning!  Enjoy a chef’s kitchen with Viking, Sub-Zero, Bosch, large center island and other high end features in this bright eat-in kitchen.  Luxury and efficiency.  Entertain in your living room with lofted ceilings, woodContinue reading “606 West Lyon Farm, Greenwich, CT”

The Land is Fundamental

No doubt an updated home with current floorplan is desirable.  And yet, that same house in different locations will have variable lifestyles.  And a similar lifestyle can be found in three very different houses within a few blocks of each other.  A house can be transformed to satisfy additional needs or wants – provided that the location allows for it and your lifestyle has time for it.  Houses can and do change.  The land endures.

Happy Father’s Day

In respect of Father’s Day, many Open Houses typically held on Sundays have been switched to Saturday.  Take note of the day. Remember that the host and hostesses of Open Houses represent the Seller and Seller only while hosting an Open House.  Anything a guest says in respect of the house or one’s interests, intentsContinue reading “Happy Father’s Day”

Lamenting Housing Supply

It’s often repeated in major metro areas and elsewhere throughout the country: Housing supply is not meeting housing demand in terms of price, condition and location. To be sure, national trends do not always apply to high end markets like Greenwich, New York, San Francisco and Los Angeles. But large scale demographic trends, such asContinue reading “Lamenting Housing Supply”

Average Property Taxes on Sold Homes

In an ongoing analysis of of the heavy load of property taxes in the metro area, we can all appreciate that while neighboring towns have effective limits on the value of a home given exorbitant taxes, Greenwich can attract: purchasers reluctant to commit to a heavy and ongoing tax load investors who want home appreciationContinue reading “Average Property Taxes on Sold Homes”

Less Than Half an Acre

Zoning regulations enable a town to manage land use and development.  A town map will identify zones.  Generally, zoning follows a logic based on historic and current use, transportation arteries, commercial districts, natural resources, the availability of public utilities, residential character, parks and topography. In Greenwich, commercial districts are centered along Greenwich Avenue, its environs,Continue reading “Less Than Half an Acre”

Proceed With Care

It’s too soon to tell.  Year to date analysis doesn’t make much sense.  The Spring market just started.  Will the market take off?  Progress slowly?  Yield to other concerns? Or will it stick it’s neck out and make others pay attention!    We are not sure yet. Sellers need to protect their assets and notContinue reading “Proceed With Care”

Online Consumption

The ease of access to listings online means consumers can view homes they cannot afford.   They have access to the interior of luxury homes they wouldn’t otherwise see. With relatively little time invested one flips through volumes of high quality digital photos of professionally designed and decorated homes. Luxurious finishings are viewed repeatedly.  It’s funContinue reading “Online Consumption”