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 "Changing  Markets"



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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Noank Village

Congratulations, Noank! As if we needed more proof that this coastal village is nothing short of spectacular, it has now been ranked the #5 best place to live in Connecticut by Niche.com. As a haven for work, play, and relaxation, Noank truly has it all. In this blog, we'll delve into the irresistible charm of Noank and discover why it's the perfect place to create a life you'll love. #NoankCT #BestPlaceToLive


A Work-Life Balance Like No Other

In today's fast-paced world, finding the ideal work-life balance can seem like a Herculean task. But in Noank, it's not only achievable – it's practically a way of life. With its quaint village charm and easy access to larger cities like New London and Groton, Noank offers the best of both worlds. The…

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Buyers Remorse

It's not uncommon for buyers to experience feelings of regret and remorse after purchasing a property, and there are various reasons why this may occur. Suppose you are part of the 75%. In that case, you should find peace in knowing that many people just like you did not ask the right questions of their advisors, including real estate professionals and lenders, who should have supplied you with enough information to make a good decision. 

One potential cause of remorse is overpaying for a property. In today's competitive market, buyers may feel pressured to offer more than they can afford to secure their dream home. It's understandable to feel regretful if they realize later that they overpaid for the property.

Another reason why buyers may…

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Stonington Borough

Located in the southeastern part of Connecticut, Stonington is a charming coastal town that has gained a reputation as a desirable place to relocate for both work and play. With its picturesque setting, quaint village center, and a range of outdoor recreational activities, it's no wonder that more and more people are flocking to this small town in search of a slower, more fulfilling lifestyle.

Here are just a few of the reasons why Stonington, CT, is such a great place to live:

Natural Beauty

Nestled along the shores of the Long Island Sound, Stonington is surrounded by natural beauty. The town features a variety of parks and nature preserves, including Barn Island Wildlife Management Area, Napatree Point Conservation Area, and DuBois Beach,…

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Stonington Borough is a charming coastal town located in the southeastern corner of Connecticut. The real estate market in Stonington Borough is known for its mix of historic homes and waterfront properties, situated between many local businesses, shops, and restaurants.

One of the biggest draws of the Stonington Borough real estate market is its waterfront properties. The town is situated on the Long Island Sound and has several marinas, making it a popular spot for boating and water activities. Many homes in Stonington Borough offer spectacular waterfront views and have easy access to the water. These properties can be quite expensive, but they offer a unique lifestyle and a chance to enjoy all the water activities.

The town also has a…

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Andy and Rupert Murdoch

 

The acquisition of Realtor.com by CoStar Group could have several impacts on the real estate industry, including:

  1. Increased market dominance: CoStar is already a major player in the commercial real estate data and analytics space, and the acquisition of Realtor.com, a leading consumer-facing real estate website, could give the company even more market dominance.

  2. Increased access to data: CoStar's access to data and analytics could be further enhanced by integrating Realtor.com's consumer-facing data into its platform, allowing the company to provide even more detailed information and insights to its customers.

  3. Increased competition: The acquisition could lead to increased competition for other real estate websites and…

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Simply stated, a Mill Rate is the adjustable measure that calculates how much the tax man collects from you on an annual basis. The concept itself is easily understood.

However, more insight is necessary to identify and understand the underlying, and often unforeseen market forces that can drive YOUR Mill Rate up or down, saving or costing you more money in taxes, depending upon where you choose to buy a home.

Note that each town imposes a different mill rate depending upon that town's grand list and how much revenue they must generate to cover their yearly costs. 

“A mill rate is equal to $1 in taxes for every $1,000 in assessed value. To calculate your tax based on your mill rate, divide your assessed value by 1,000 and multiply the…

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Unlike the stock market, where most people understand and accept the risk that prices may fall, most people who buy a house don't ever think that the value of their home will ever decrease.

The housing market, like other assets, is susceptible to unsustainable gains, and bubbles are formed over time even though many people feel it is a sure bet for growth.  That's because of the large transaction costs associated with purchasing a home, not to mention the carrying costs of owning and maintaining a home discourage speculative behavior. However, housing markets do go through periods of irrational exuberance.

This article will help to explain real estate cycles, triggers that cause them, and why consumers should be cognizant of the forces at play…

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Recent market data tells the real story

Local news sources have been reporting on the positive impact of interstate migration funneling new residents into CT as a distancing measure related to Covid-19. With interest piqued by these developments, we did some research as an attempt to measure the benefits of this peripheral good fortune. What we found is not exactly in alignment with local reporting. 

Channel 3 WFSB 

CT Post

NBC CT 

The Hartford Courant

While it is encouraging to see an influx of newcomers take residence within the nutmeg state, it’s important to note the number of residents currently leaving the state still outnumbers those coming in at this time, rendering an effective net loss in the state’s population and its…

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Black Swan Event · This Time Is Different · The New Normal is Not Normal · Time To Rethink Your Career · This Is What Happens When Change Happens · 30 Million Americans Are Unemployed in 6 Weeks · How To Do Business From Home · Why Fi ? · Our Country Is In A Leadership Vacuum · The Stock Market Is Disconnected From Reality · Become The Best At Serving Your Sphere of Influence · Just Do Something · Circumstances + Attitude = Outcome · Awaken Possibilities Again · Resist The Urge To Do Nothing · Now Is The Chance You’ve Always Wanted · Strike While The Iron Is Cold · The New Normal Is Not New Or Normal · What To Do With What Is Left · Now Your Job Is To Live Out Your Greatest Potential · Growth Is Still There, It’s Just Not In The Same Places As Before…

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