The Engel Team
Move What Moves You
New Canaan Neighborhood Change Analysis
Somebody Moved our Cheese
(You’re setting yourself up to be disappointed)
1. 44 miles to New York City. New Canaan has
This past Tuesday John Engel hosted a lively discussion on changes in the New York residential market and its immediate impact on the suburban market, particularly the Gold Coast of Connecticut. We learned from chief economist Greg Heym when New York might bounce back. Darien’s 1st Selectman Jayme Stevenson responded with yet another tax cut. Scott […]
First Quarter 2020 Manhattan Market Report A Message from Halstead’s Chief Economist Greg Heym: For what it’s worth, the First Quarter 2020 Manhattan Market Report shows an improvement in both sales and prices of apartments compared to a year ago. The total number of closings was 9% higher than 2019’s first quarter, and the average […]
16 Individual Town Reports. To download full reports click on the town names. Or go to the bottom of the page. This month we looked at total dollar volume as an indicator of market health. Three towns stand out posting solid dollar volume numbers: Darien, Old Greenwich and Rowayton. The rest […]
I praised the Advertiser coffees as the place where a town comes together. In June I took a break from this weekly fret over New Canaan’s short-term concerns. In June we graduate, marry, retire, reflect and recharge. In 1914, at 73 years old, Claude Monet had established himself among the greatest artists of all time. […]
16 Individual Town Reports. To download full reports click on the links at the bottom of the email. This is the 6 month report for Fairfield County. Good news: interest rates at record lows, 3% Bad news: there is little urgency among buyers Good news: budget skips tolls & regionalization Bad news: state budget […]
Editor, It’s caucus time again and as George Orwell once said “there is no such thing as ‘keeping out of politics…All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred and schizophrenia.” (He was probably thinking of the Town Council when he wrote that.) Fortunately for New Canaan the […]
The Connecticut First Half 2019 Market Reports are now available in Pilot. You can find the template in the Promo Blast section, called “CT First Half 2019 Market Reports“. If you type “CT” in the search bar it will appear among the CT template selections. Just a reminder, quarterly reports include an additional page for each town’s absorption rates for houses, and a page on absorption […]
New Canaan was just named one of the “15 Best Small Towns to Visit in 2019” by Smithsonian magazine. Every year their editors search the entire country for places that sing to our imaginations and offer a distinct sense of place. New Canaan is now recognized as the best of small town America. That’s some […]
Chairman’s View: Honing our zoning MAY 23, 2019 BY NEW CANAAN TOWN COUNCIL CHAIRMAN JOHN ENGEL In 1982, New Canaan matriarch Mabel Lamb is quoted in The New York Times as saying, “There are two reasons why people want to live in New Canaan — zoning and schools.” We talk a good deal about schools, but zoning […]
We have a special thing going on in New Canaan that no other town has. It’s a conversation by the people, about the town, that penetrates every decision made at Town Hall and more than a few decisions in Hartford. I’m taking about the Advertiser Coffee. Every Friday morning for the last 20 years the […]
Chairman’s View: Bike New Canaan APRIL 22, 2019 BY NEW CANAAN TOWN COUNCIL CHAIRMAN JOHN ENGEL It’s Earth Day. I am reminded we really need bike lanes in New Canaan. We need to begin with a bike lane down South Avenue that connects Waveny Park, the YMCA, our schools and the New Canaan Village. I wrote about […]
Chairman’s View: Spoiler alert APRIL 11, 2019 BY JOHN ENGEL, CHAIRMAN, TOWN COUNCIL Spoiler alert: I really like New Canaan’s prospects. Here are five observations taken from the revaluation, the Town budget, the State election, and the first quarter real estate sales. There is a happy ending. 1. The uncertainty coming from Hartford is probably worse than […]
16 Individual Town Reports. To download full reports click on the links in-line and at the bottom. New Canaan – Closings are up 20% this quarter. Pending sales are down by the same amount. First quarter sales have dramatically increased for the past 3 years. 42 may be the new normal, up from 20 […]
Chairman’s View: Cap town spending for three years MARCH 28, 2019 BY JOHN ENGEL, CHAIRMAN, TOWN COUNCIL Town income is dependent on real estate values and the taxes they generate. Our revenues currently grow at 1% per year. I propose that we cap spending at 1.50% per year for three years, beginning now. We must […]
Op-Ed: New Canaan’s Fourth Estate NOVEMBER 15, 2018 BY JOHN ENGEL AND ROBERT DORAN We live in challenging times for news. The Internet and the information age, professional pundits, fake news and 24-hour news cycles disrupted the old paradigm of trust and integrity in news organizations. Morley Safer of ‘60 Minutes’ said, “So much crap passes as […]
Op-Ed: Advertiser, Hersams served New Canaan for a century NOVEMBER 21, 2018 BY BY JOHN ENGEL ‘A good newspaper, I suppose, is a nation talking to itself — Arthur Miller The New Canaan Advertiser has certainly come to embody that ideal. We are a community talking to itself through our local newspaper. Whether you see evidence of […]
Chairman’s View: Picking priorities DECEMBER 6, 2018 BY JOHN ENGEL. CHAIRMAN, TOWN COUNCIL “I do have to pick my priorities. Nobody can do everything.” — Ray Kurzweil We held the first joint offsite meeting among the four funding bodies (Board of Selectmen, Town Council, Board of Education, Board of Finance) in over 10 years, an important step toward […]
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