Studies show that the longer a property stays on the market, the less the seller will net upon the sale. It is very important to price your property at a competitive market value at the signing of your listing contract. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell. An Overpriced Home:· Minimizes offers· Lowers agents response· Limits qualified buyers· Lowers showings· Lowers prospects· Limits financing· Wastes advertising dollars· Nets less for the seller 04/10/2009

As we wind down for 2008, the stats are not looking any better. Historically, November and December are slow months but even compared to November 07 our numbers are way off. Last November there were 44 single family residential homes sold, this November only 11 sold, down 75%. The average sale price was down 50%. Pre-crisis, the majority of homes were selling in the 2-3 million range. November 08, the largest number of homes sold in the 1-1.5 range. People are definitely feeling (for some they actually are) less wealthy and it is reflecting in their home purchases. We are seeing more and more price reductions and a few pretty good deals. The lending environment has eased a bit, and there is talk of rates coming down even further. This may bring some additional buyers into the market. Ou... 12/04/2008

Sellers are catching on-Price right and your home will sell, even in this market!  Savvy buyers are getting pretty good deals if they are educated on the market, patient and know when to act. Realistic home sellers are securing deals on their homes as long as they are pricing at or below market value. Greenwich, (including Cos Cob, Riverside and Old Greenwich) is holding up in price appreciation but number of sales year to date is down about 35%. The last five months have seen a downward trend in overall number of sales per month.  The good new is that inventory levels seem to be flat.  While we may still be up in appreciation and number of sales by year end, the trend is clearly pointing to a change. If the trend continues, we may be looking at less optimistic numbers in the coming mon... 06/17/2008

Your Greenwich home may look good from your point of view, but a buyer's perspective can be completely different. So step back and take a fresh look at your home. Here is a quick guide to getting the most objective look at your property.  Take drive around the block, and try to visualize your home and your neighborhood as if seeing it for the first time.Consider your home's curb appeal; does it need a new coat of paint? Is the driveway stained? Could it use a bit of landscaping? Pull into the driveway and take look at your property. Take a fresh new look inside. Make a list of any potential red flags.     These are issues that buyers would see. Make another list of the areas that are attractive about the house. Detach from your personal feelings and be as critical as a buyer would be. ... 06/03/2008

In a town where the average price of a home is nearly $3,000,000 it's a godsend to get a listing you can be proud of that is priced below $1,000,000.  I am fortunate to have listed just such a house this week. It's located on Indian Field Road on the edge of central Greenwich over near Cos Cob.  I held the first broker open house and had about 50 agents come through to see the place.  The feedback was nearly all positive:  good condition, nicely updated, clean, shows well, and priced well.  The latter is what I hope will draw the buyers.  Greenwich is a great town with lots of wonderful aspects:  proximity to NYC, cosmopolitan Greenwich Avenue, top-rated public schools, highly regarded museums and libraries and our incredible parks.  My thinking is this: if someone can purchase this hou... 03/13/2008

February sales in Greenwich dropped from the same period a year ago.  Twenty-six single family homes sold, compared to 29 in February of 2007.  That's a 10% decline and follows a 42% decline in January 2008.  Average prices declined nearly 13% to $2,133,000.  Median prices fell $10.5% in the month.  One highlight in February was a $10.1 million sale in back country Greenwich.  Despite the seemingly poor start to the new real estate year, we have seen a real uptick in people coming out and looking so hopefully March will help improve the overall quarterly statistics.   03/07/2008

As I sit to write this, it's a snowy February day.  The Greenwich public schools are on holiday and the private schools have a snow day.  It's a day that gives me a chance to catch up on paperwork, website updating and to think about how busy it's been in the last 90 days or so.  If you look at the 2007 stats, it was a strong year in the Greenwich real estate market.  Average prices rose 12% to nearly $3,000,000 while median prices gained 8% to $2,100,000.  But that's not necessarily how it felt because average Days On Market expanded 16% to 180 days. A longer marketing period resulted in more price cuts which appears to be bringing buyers out early this year before the influx of new Spring inventory.Who are the buyers out now?  The smart ones, I think.  They smell opportunities in the ... 02/22/2008

  Welcome to YOUR #ONE Source For Buying and Selling Fairfield County Real Estate. THIS IS A FANTASTIC TIME TO BUY IN GREENWICH. We are seeing an increasing demand in one of the sought after areas of Old Greenwich, Cos Cob, Riverside as to the continued demand in these select areas is currently remarkable.  This is the ideal time to buy a signature property in one of these fine communities. Values here now will not be seen again as the general market recovers. Appreciation has maintained historically high, but the slowness in the market has uncovered some incredible values at the moment. In addition to providing growth, stability and a comfortable home for yourself and your family, real estate for sale in Connecticut can be your gateway to financial freedom!  Whether or not your are a f... 01/31/2008

Charming,vibrant and unique describe this wonderful town, located just 28 miles from New York City. Populated by a little over 60,000 residents, Greenwich offers one of the lowest tax rates in the region, nationally recognized public and private schools, express commuting from the railroad, parkways and airports, exceptional waterfront facilities,outstanding parks and sports facilities, private golf, yacht and country clubs, state-of-the-art libraries, and excellent social and cultural centers. It is no wonder that Greenwich residents share such a feeling of pride in this special town. 10/17/2007

Welcome to Greenwich Ct, the first waterfront town across the NY border, just a little NE of NYC. It's a great place to live: low taxes, great schools, multicultural living and all kinds of people watching. Greenwich has the reputation of being "a rich" town, but in truth you get more for a dollar in Greenwich, if you know where to look than almost any other place I've been. Greenwich has a library that is a state of the art facility. It is filled with computers, reference files, art shows, special displays, a video library, audio library, and lots and lots of great books. In fact, if you don't see what you want just ask, the librarian will order it! The main library is on West Putnam Ave.When it comes to Real Estate in Greenwich, there is a plethora of choices from McMansions that cost... 07/03/2007