In an information age that floods society with excessive content, our focus tends to be diverted to less-tangible distractions, rather than the essential components of a sound game plan. As a result, our level of awareness can become clouded, compromising our ability to execute informed decisions when it comes to the purchase and sale of real estate. In an industry largely predicated upon “marketing”, we are left without concrete reasoning from which to discern the most productive path forward. Ultimately, we are left without the means to implement a calculated strategy that transcends “Sales” or being “Sold”. Add to this, a fiercely competitive playing field largely incentivized by a commission-based pay structure, it becomes easier to see how the client’s best interests are routinely overlooked. What if you were presented with precise data that would allow you to make educated decisions and grow a stronger understanding of a process tailored to your needs? 

Welcome to "The Market"

 

 


Coastal Town

In the span of over two decades, Connecticut's coastal towns have painted a picturesque scene of New England charm and scenic waterfronts. However, beneath the surface of these idyllic communities lies a growing concern: the rising tide of housing prices, surging far faster than their residents' incomes.

#ConnecticutCoast #HousingMarket #EconomicTrends

Over the last 23 years, data reveals a trend that could reshape the fabric of towns like Stonington, Darien, and New Haven. While median household incomes have seen modest growth, median selling prices for homes have soared, in some cases, to more than double the income growth percentage.

#AffordableHousing #IncomeGrowth #RealEstateTrends

In Stonington, for example, incomes have risen by…

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Property Insurance

The growing ferocity and frequency of extreme weather events, tied intrinsically to the rapidly changing climate, have sent shockwaves through sectors that once thrived on predictability and historical data – notably, the insurance and housing markets. Jacob Bogage’s recent Washington Post article encapsulates the urgency and gravity of the situation, focusing on how major insurers are pulling away from covering the very natural disasters that are increasing in frequency.

Insurance companies, at their core, are in the business of evaluating and pricing risk. Historically, they've spread these risks across various geographies and disaster types, ensuring that catastrophic payouts in one region are balanced by calmer conditions elsewhere. However, as…

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NL County Appreciation

Investing in real estate is a significant decision, and understanding how property values have appreciated over time is crucial for both buyers and sellers. In this blog, we delve into 24 years of data from various towns in New London County, revealing average sales, typical home sizes, sales prices, and yearly appreciation rates. Join us on this insightful journey as we explore the real estate landscape of New London County.

1. Analyzing Appreciation Rates: Appreciation rates are a key indicator of a town's growth and desirability. Let's explore some noteworthy findings.

  • Stonington: With a staggering 9.89% average yearly appreciation rate, Stonington has been a lucrative market for homeowners and investors alike. Its charm and natural beauty…

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In the first quarter of 2023, Fairfield County had 6 of the top 10 residential real estate sales in the state, totaling $29,315,000 out of the $69,597,777 sold. Litchfield County featured 2 of the top ten sales with a total of $4,600,000, while New London County had 1 sale in the top ten, amounting to $3,750,000.

Top 10 Luxury Homes: Connecticut's Prestigious Properties of Q1 2023
360 Laurel Hill Rd

1. 360-364 Laurel Rd, New Canaan - $5,995,000 A luxurious generational family compound with a sports complex, less than an hour from NYC.

 

2. 15 Parsonage Rd, Greenwich, CT - $5,995,000. A stately six-bedroom Georgian Colonial with an attached three-car garage and possible pool site. 


 
  3. 15 Blue Water Hill,…

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