Signs of Spring
On a drive around our towns this weekend, I was struck by the number of “for sale” signs in front of homes in Fairfield County. Further investigation and consultation with Ileana Barns-Slavin of William Raveis Real Estate in Wilton and New Canaan reveals that while there is a robust inventory of homes on the market, median prices are up 22 percent in Wilton and 21 percent in New Canaan.
As luck would have it, we at C&G Media Group are about to release the results of our biannual Real Estate Survey of our readers, and the results reflect what we are seeing out and about. Fifty percent of you, dear readers, plan to buy a house in the next two years, and 32 percent of you plan to buy a primary residence now (in the next year). That’s a lot of movement—and typical of the reasons many of you read our magazines—because you are buying, selling, building and decorating houses.
Sixty-seven percent of you read our hugely popular “Deeds & Don’ts” column “because it gives coverage on a variety of homes on the market and their value.” And then more than half of you take action on what you have read. Michelle Genovesi of Michelle & Company, whose five-part “Property of Note” advertising series began running on cottagesgardens.com in April, has already received more than 1,700 referrals!
Happy buying and selling! If you would like to see more of the survey, which includes where you love to buy second homes, please contact me.