RECENT BLOG POSTS
As we begin the new year, the crystal balls have come out and there have been a wide range of predictions for how the housing market will perform in 2012. I have read that this year we will see a minor recovery, that pent up demand will drive a major recovery, that prices will fall through the fi...
01/24/2012
One method for assessing the activity of the housing market is by calculating the absorption rate. The rate is determined by dividing the current number of active listings by the average number of homes selling each month. The resulting figure shows the number of months it would take to sell the ...
01/16/2012
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The Westport housing market ended on a ho-hum note. On an annual basis, single-family home sales were off two percent (2%) compared with 2010. While unit sales remained comfortably ahead of 2008 and 2009, they were well off the highs posted in the previous decade. Prices continued to soften. The ...
01/13/2012
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It's not nice to fool blame Mother Nature Last week, a rare, late October snowstorm blanketed much of the northeast. Connecticut was among the hardest hit states. At the peak, over 800,000 Connecticut customers were without power. Many Westporters (myself included) dodged the bullet, as the tow...
11/04/2011
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ROSH HASHANAHSeptember 28, 2011 This evening begins the 2-day celebration of Rosh Hashanah, the Jewish New Year. For all those who celebrate this holiday, L'Shanah Tovah Tikateivu I wish you a Happy, Heal...
09/28/2011
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Real Estate Statistics – Go Figure!Part 2 Drilling Down the Numbers Unit Sales is a pretty straight forward statistic. However, when determining trends, it is important that the comparison be apples to apples (e.g. single-family homes to single-family homes, condos to condos, antiques to antiq...
09/27/2011
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Real Estate Statistics – Go Figure! part 1 “Figures don't lie, but liars figure.” Mark Twain The saying portrays an ironic or perhaps cynical viewpoint of the way statistics are used to shape our decisions. While it is true that numbers can be manipulated to misrepresent a given condition, o...
09/26/2011
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{EAV_BLOG_VER:c5902e4f9d316056} Adding to the charm of Westport. CT are the stately trees that line our roads and grace our yards. Along with the beauty of wooded properties, however, comes the potential disruption and danger caused by falling trees. The most common occurrences happen during ma...
08/09/2011
Westport CT - Boating Season 2011...Finally Arrives!! As weeks of cool weather persisted, it felt like spring would never take hold. However, if recent activity at Saugatuck Harbor Yacht Club, in Westport, is any indication, boating season 2011 has finally arrived in Connecticut. Waiting to be u...
05/13/2011
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Westport, CT - Last Licks at the Beach! It was a glorious afternoon for getting in Last Licks, at the beach. Compo Beach rules say:"NO ANIMALS ARE ALLOWED BEYOND THIS POINT FROM APRIL 1ST - SEPT 30TH." In the meantime, there's still time for a friend...
03/17/2011