Category: Real Estate

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What’s Selling & Not Selling in Greenwich

  • Greenwich Sentinel·
  • July 15, 2023·
The normal wisdom, about what is selling and not selling in Greenwich, doesn't apply when inventory is at record low levels. Things like age of the house and price range are not effecting most sales. Condition is however very important.
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Greenwich Real Estate Ends First Half with a High-Priced Bang

  • Greenwich Sentinel·
  • July 10, 2023·
Despite record low inventory Greenwich sales jumped from last month. We had 10 sales over $5 million including the highest sale of the year at $15 million. Inventory continues to drop with each week since the beginning of May setting new weekly lows for inventory.
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Column: The Real Scoop

  • Greenwich Sentinel·
  • June 18, 2023·
Welcome to The Real Scoop. This monthly column is intended to help homeowners and potential homeowners in our community address a variety of home related and real estate issues. As a Realtor, I am often approached by many homeowners and buyers to provide answers for a variety of questions pertaining to Greenwich and all things home related. In my quest to provide answers, I have relied on my own expertise, as well as that of many trade professionals I have come to know in our community. The information I have provided has been deemed very useful and greatly appreciated, so I have decided to share what I know with the Greenwich community.
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Column: How COVID Changed the Greenwich Real Estate Market

  • Greenwich Sentinel·
  • June 16, 2023·
The COVID-19 pandemic posed unprecedented challenges for the Greenwich real estate market. The initial months of the pandemic brought about a decline in real estate sales in Greenwich. As the second half of 2020 unfolded, the market saw a remarkable turnaround. in September 2020, every subsequent month set a new, all-time record for monthly sales.
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Column: Condo Sales in Greenwich are Looking Good

  • Greenwich Sentinel·
  • June 9, 2023·
The last three years have lit a fire under the condo market. Sales are up from 159 sales in 2019 to 215 sales last year. Condo sales set an all-time high in 2021 with 274 sales. So far through May we have had 82 sales, which would be 197 sales for the year, which is exactly our average for the last 23 years.
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Column: Greenwich Real Estate Inventory – How Low Can We Go

  • Greenwich Sentinel·
  • June 7, 2023·
Higher interest rates and anemic stock and bond markets are clearly hurting sales, but a lack of new listings is an equal, if not greater factor, in our sales being down 34% from last year.In Greenwich much of our lower inventory is due to gridlock. Many people who would like to buy a house can’t find anything to buy. Most of our buyers don’t use mortgage financing and the higher you go in price the less mortgage financing you see. Above $4 million, you do see people buying higher priced houses with low-rate mortgages, to free up cash for other investments.
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Column: The Real Scoop

  • Greenwich Sentinel·
  • May 21, 2023·
Welcome to The Real Scoop. This monthly column is intended to help homeowners and potential homeowners in our community address a variety of home related and real estate issues. As a Realtor, I am often approached by many homeowners and buyers to provide answers for a variety of questions pertaining to Greenwich and all things home related. In my quest to provide answers, I have relied on my own expertise, as well as that of many trade professionals I have come to know in our community. The information I have provided has been deemed very useful and greatly appreciated
Read more
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Column: Greenwich Houses Sales by School District – April vs Feb 2023

  • Greenwich Sentinel·
  • May 20, 2023·
The last two months have certainly been better than the first two months of the year. Our January and February sales were well below average with only 45 single family home sales compared to a 10-year, pre-Covid average of 66 sales. In March and April, we had 80 sales, or 35 more sales than we had in the first two months. Now, these 80 sales for March and April were still slightly below our 10-year average for these months of 85 sales, but much better, after what had been a scary start to the year.
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Column: The Greenwich April 2023 Market Report

  • Greenwich Sentinel·
  • May 5, 2023·
At the end of April, we had almost 3 times the number of contracts as we had sales in April. We had 111 contracts waiting to close, and 41 sales in April. These 111 contracts are just a smidge behind the 125 sales that we’ve had for the first four months of 2023.
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Column: The Real Scoop

  • Greenwich Sentinel·
  • April 27, 2023·
Welcome to The Real Scoop. This monthly column is intended to help homeowners and potential homeowners in our community address a variety of home related and real estate issues. As a Realtor, I am often approached by many homeowners and buyers to provide answers for a variety of questions pertaining to Greenwich and all things home related. In my quest to provide answers, I have relied on my own expertise, as well as that of many trade professionals I have come to know in our community. The information I have provided has been deemed very useful and greatly appreciated, so I have decided to share what I know with the Greenwich community.
Read more
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