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CT's booming housing market could soften with a rise in COVID-19 foreclosures Alexander Soule FacebookTwitterEmail A Godfrey Road home in Weston, Conn., listed for sale at the outset of the pandemic in 2020 and again heading into the spring of 2021, for just under $650,000. The listing could soon see price competition on nearby Ravenwood Drive, via the foreclosure auction of a home that carries a slightly lower assessed value, if the auction proceeds in March as scheduled.Alexander Soule /Hearst Connecticut Media / As home buyers pick through Connecticut’s limited selection of properties he...

'Absolutely insanely busy:' Greenwich real estate market stays hot into 2021 FacebookTwitterEmail Town properties are disappearing fast as sales are up and inventory is low. Realtors believe the surge that began last year when people started leaving New York City and coming to Greenwich to live during the pandemic has continued into 2021. One property still on the market is the historic mansion at 23 Khakum Wood Road in midcountry Greenwich, which is priced at $8.47 million.Photo / Courtesy of Robin Kencel Compass / GREENWICH — When COVID-19 hit last year, people started to flee New York Ci...

The 2020 Year End Real Estate Report One thousand and three transactions, that’s what we did last year. These 1003 transactions consisted of 861 sales up 334 houses from 2019 or 63% and 142 contracts up 70 houses or almost a 100% increase. And, it wasn’t like these sales and contracts were concentrated in any particular price range. Literally, every price range, except our lowest price range was up. Even, the fact that sales under $600,000 were down, may indicate a stronger market as houses were priced out of our lowest price range and pushed over $600,000. Our biggest winners this year c...

Luxury Living: The lure of Long Island Sound Gretchen A. Peck FacebookTwitterEmail 1of3 22 Cherry Tree Lane, Riverside, is a five-bedroom, 6,129-square-foot single-family home in the private waterfront association of Harbor Point. Berkshire Hathaway Home Services, New England Properties is the listing brokerage; the asking price is $7.25 million.Kyle P Norton / Contributed photoShow MoreShow Less 2of3 This beautifully renovated historic home sits high on its site, looking out across Cos Cob Harbor. The property has 154 feet of direct water frontage, as well as its own dock. Brown Harris Steve...

The hottest housing market of 2020 Amanda Fung In the aftermath of COVID-19, many believed the housing market would stall as Americans feared making new investments in big-ticket items like homes during uncertain times. But since the spring, housing has been one of the few, if not only, bright spots in the economy. And this local market, in particular, has been revived during the outbreak. Greenwich, Conn. is mostly known as the suburban enclave, within a 60-minute drive to New York City, for hedge fund managers and Wall Street executives. But when COVID-19 put the U.S. in loc...