ridgefield ct: Ridgefield, CT Real Estate Market Report: Home Sales June 2008
- 06/12/08 02:12 AM
Ridgefield Real Estate Market Commentary May brought us into Ridgefield’s Spring real estate selling season. We continue to see a decline in the number of closed transactions from the previous year, down by almost half compared to May, 2007 and down about 35% year-to-date. After a few months of decline, one measure of price levels, price-per-square-foot, has rebounded to $287 on average - back in line with historical levels of the past couple of years. . Buyers are still in control but they are generally taking a long time to make decisions and are most nervous about a market decline. Although … (3 comments)
ridgefield ct: THE SKY IS FALLING?!!!
- 10/02/07 07:49 AM
September 2007 was a slower month than we expected. Although the FED lowered interest rates .5 point, all the reports of a stalled National Real Estate Market , actually aided in slowing the market down even more. There were only 17 deposits taken on all of the homes in Ridgefield last month. The media was not kind to the housing market either. In the last week of September, Jim Cramer, the stock analyst who hosts his own show, "Mad Money" on CNBC, appeared on the Today Show, and told America, "Don't you dare buy <a home> now. You will lose money" Jim … (0 comments)
ridgefield ct: Rainbow Lake, Ridgefield, CT
- 08/12/07 09:59 AM
The Rainbow Lake Experience: by Brad Kimmelman, Neumann Real EstateAs a resident of Ridgefield Connecticut's Rainbow Lake, it astounds me how my life has taken a turn that I could not have dreamed of before purchasing my home on Rainbow Lake. As soon as we put our heads to the pillow on our first night here, we were so sure that we had made the right decision. Upon waking up for the first time, taking the first sip of hot morning coffee, and staring out at the pair of swans followed by their cygnets, we knew we had found a very … (3 comments)
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