Engel Team Market Report for Fairfield County Through August 31, 2018
…One year ago rates were averaging 3.89% What Will Happen In the Next Year? If interest rates rise by .85 percentage points in the next year (using the average forecasts…
…One year ago rates were averaging 3.89% What Will Happen In the Next Year? If interest rates rise by .85 percentage points in the next year (using the average forecasts…
…The Eversource road-paving investment amounts to about $3 million over five years and allows us to finish our 20-year plan in about 18 years, hopefully by 2021. We have not…
…is 19.8%, 5-year growth is 63.9%. This is not a new phenomenon. 10-year growth is 123% and 20 year growth is 210%. How long will this growth continue and what…
…– John Engel can be found at http://www.JohnEngel.com. He is a consistently top-producing agent in Fairfield County, Connecticut. John recently won the Realtor of the Year Award in New Canaan…
…remains high, and not just in New Canaan. In November the total active house listings for the towns of New Canaan, Darien, Wilton, Stamford, Norwalk and Ridgefield had a year-over-year…
…years and that 13 sales is more typical. This chart of cumulative house and condo sales over the last ten years is a more sobering view. 216 single family…
…Realtor of the Year Award in New Canaan where he is has been Chairman of the Town Council and is currently a member of the Planning & Zoning Commission. John…
…John Engel – John Engel can be found at http://www.JohnEngel.com. He is a consistently top-producing agent in Fairfield County, Connecticut. John recently won the Realtor of the Year Award in…
…Realtor of the Year Award in New Canaan where he is has been Chairman of the Town Council and is currently a member of the Planning & Zoning Commission. John…
…2016. New Canaan Inventory: In January inventory was up 47 houses. In February it’s up 62 year over year. A whopping 33 houses came on the market in the first…
…did gorgeous vignettes for one of the industry’s most talked about event “Design on a Dime.” It was put on hold for two years during Covid. This year the crowd…
…just did gorgeous vignettes for one of the industry’s most talked about event “Design on a Dime.” It was put on hold for two years during Covid. This year the…
…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 limit our spending…
…the Realtor of the Year Award in New Canaan where he is has been Chairman of the Town Council and is currently a member of the Planning & Zoning Commission….
…Town government, decisions navigating a course of fiscal responsibility while preserving many of the qualities that make New Canaan special. I’ve lived in New Canaan for the last 30 years…
…showing a decrease in sales versus this time last year. 5. Home prices and interest rates are expected to climb in the next year, decreasing purchasing power. July and August…
…years sales (68.9) of single family homes. The same is true for condos. We’ve sold 17 condos this year vs. 15 last year and 20 two years ago and the…
I’ll begin with 2018 New Year’s Resolutions from Town Council members: Penny Young wrote, “Keep an open-mind and listen, listen, listen… the path forward will become evident.I will be mindful…
…years passed that we would begin to understand and appreciate. One hundred years later, 1 million people visit Monet’s Water Lilly paintings each year in Paris’s Orangerie Museum. These paintings…
…us believe that the budget should come in at an increase of between 0% and 1% this year, a big change since last year’s debates between 2% and 3.5%. We…