NEWSLETTER Welcome to the Spring Market Update!     As we eagerly anticipate the arrival of spring, we’re gearing up for what promises to be an intriguing and decisive season in the Greenwich real estate market. Spring often sets the tone for the rest of the year, offering invaluable insights into emerging trends and patterns. Here’s a snapshot of what to expect: […]
NEWSLETTER Buyers want move-in-ready homes 75% of potential homebuyers think that improvements to a home are necessary before they are listed for sale, while only 43% of sellers do. That’s according to Curbio’s latest survey of homebuyer and seller attitudes. Here’s a breakdown of what buyers want: 67% say they will only buy homes with updated features and layouts 68% […]
NEWSLETTER Cooling Inflation and Tight Housing Inventory Inflation continues to trend lower while home prices continue to be supported by the ongoing dynamic of high demand and tight supply. Here are the takeaways: Inflation Improving One Step at a Time Lack of Existing Home Inventory a “Major Constraint” March New Home Sales Reach Yearly High Appreciation Data Turning Around Jobless Claims Trend […]
NEWSLETTER Bruce Museum Grand Reopening Day! We can’t wait to share the new Bruce with you! The Bruce Museum welcomes the public to a day of free admission and grand opening festivities. The entire ground floor is free and open to the public during museum hours. It includes a new museum store; an inviting café with indoor/outdoor seating; a state-of-the-art auditorium; […]
NEWSLETTER The Pros and Cons of Renting vs. Buying a House Not sure if you should buy a home in this market? These 12 pros and cons can help you decide. • MAR 16 2023 You’re ready to look for a new home, but you’re not sure if you should buy or rent. This is a common predicament that many people face, and there isn’t a golden […]
NEWSLETTER Rents Slide by Largest Amount in at Least 7 Years (November 2022 Rental Report)    Zillow Research• DEC 14 2022 Asking rents declined 0.4% from October to November, the largest one-month decline in the seven-year history of the Zillow Observed Rent Index. November is usually the slowest month for rent increases, but outright declines had not exceeded 0.1% in this time of the year before the pandemic. The decline comes […]
NEWSLETTER Time to winterize your home   As the days grow shorter and you spend more time indoors, it’s more important than ever to make sure your home is hardened against harsh winter conditions. During the coming months, freezing temperatures outside and dry heated air inside can create a variety of issues — from frozen pipes that burst to leaky roofs. […]
NEWSLETTER Are We in a Buyer’s Market Yet? Is it a buyer’s or seller’s market? It’s the No. 1 question propelling the luxury property market at the moment. Interest rates are rising at a historic rate, right along with economic uncertainty. The stock market is down from last year. Could the luxury housing market be headed for a cooldown after the unprecedented gains […]
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NEWSLETTER Here are tips for buying a home in a cooling market, according to top-ranked financial advisors KEY POINTS The average interest rate on a 30-year fixed-rate mortgage has been trending above 7% for most of October, more than double where it was at the start of 2022. Demand is slowing, which overall works in buyers’ favor. Whether you’re looking at buying soon or down the road, these tips will help you […]
NEWSLETTER How To Ace a Home Inspection and Sell Your Home Fast The home inspection can be a particularly stressful part of the homebuying process for buyers, but the equally anxious seller might be waiting with bated breath for the results as well. The buyer is typically responsible for scheduling and paying for the home inspection, but if the house is revealed to have major issues, the seller can be […]
NEWSLETTER 13 Home-Buying Myths to Unlearn Right Now Your future homeowner self will thank you for it. Home buyers today have access to a wealth of information about the home-buying process before they even begin talking to a real estate agent. Friends and family, social media — everyone has a lot to offer. While much of this guidance can be good or well-meaning, some may […]
NEWSLETTER Possible Economic Downturn Likely to Be Mild A contracting economy typically means a recession, but other economic indicators are likely to mitigate the effects of the slowing economy, says NAR’s chief economist. The country isn’t officially in a recession yet, despite two consecutive quarters of national contraction of the gross domestic product, a commonly cited indicator of an economic downturn, says Lawrence […]
NEWSLETTER July 2022 Greenwich Single Family Home Market Statistics The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of July 2022. There were 74 single-family residential closings reported during this period according to figures provided by The Greenwich Multiple Listing Service, Inc., the multiple listing service used by REALTORS® in the Greenwich area. […]
NEWSLETTER The Expanded Role of the Real Estate Agent By Susan Fleisher When I began my career as a real estate broker 20 years ago, homebuyers’ expectations of a broker were quite different from today. The initial responsibility of the broker was to define the needs of the client and screen the market to identify the best matching properties as identified by particular specifications, […]