Greenwich Real Estate Guy's Blog: Open House List December 13

Pictured above is 3 Juniper Lane. This home sits on .29 acres with six bedrooms with five full baths and one half bath. The home is listed as 5,198 s.f.

New construction in private association, with high end design, fixtures and finishes by Lino Marcal, a well known Greenwich custom builder. Superb architectural details throughout a flexible floor plan with all the bells and whistles found in today's most desirable homes. Sophisticated design, sought after location, and finished with impeccable taste. It includes 6 BR, 5 1/2 bath, first floor bedroom or home office. The lower level has a family room, bedroom with bath, large family room, wine cellar, mudroom and access to a large two + car garage. Perfect location near schools and train in the prestigious Riverside area of Greenwich.

Factoid: Did you know that Greenwich (aka Tod’s) Point is 147.3 acres? More info on one of our premiere parks:https://www.greenwichct.gov/facilities/facility/details/Greenwich-Point-Park-69

A quick look at 2020 YTD Single Family Home closed sales by GMLS Market Area, as compared to the same period a year ago:

• Greater Greenwich: +58.4%
• Old Greenwich: 34.4%
• Riverside: +48.1%
• Cos Cob: +46.2%
• Greenwich - North of Parkway: +88.2%
• Greenwich - South of Parkway: +95.8%
• Greenwich - South of Post Road: +65.2%

My broker David Haffenreffer sent the following answers to questions he is hearing quite often:

Frequently asked questions:

• Will the election on Tuesday change any of the home buying activity we're seeing locally? Not likely.
• Should a homeowner wait until the "Spring 2021 Market" to sell their home vs today? Market conditions suggest it's a very good time to sell a home in Greenwich today. While I expect demand to continue for the near future it's hard to say that March, for example, will be better than it is today.
• Are prices skyrocketing? Not as much as you'd think. In fact, we are still meeting with homeowners and suggesting price reductions on listings that aren't getting attention with buyers. The buyer pool is very large today but the buyers remain quite savvy and value oriented. Multiple bid situations appear reserved for the strategically priced homes....not ambitiously priced homes.

Shouldn't sellers list with a brokerage that has offices in NYC since the buyers are coming from there? Houlihan Lawrence represents more buyers than any other brokerage in Greenwich and has for nearly six years. We credit our great agents, beautiful listings, world-class customer service and cutting-edge marketing for our continued success in attracting our buyers.

Greenwich Market Report

ConsumersAdvocate.org, recently published their mortgage rates guide and I thought it might be a good resource https://www.consumersadvocate.org/mortgage-rates. The guide provides a ton of helpful information such as a terminology section, a description of the different types, and even a step-by-step process from Day 1 to day done.

Open House List December 13

If you're still on the fence about which mortgage lender to choose, check out this helpful guide from Money Magazine: https://money.com/best-mortgage-lenders/.
Whether you want to compare brands, take a look at market projections, or see how COVID-19 has affected the current market, they analyzed all of the key aspects of choosing a mortgage lender so that you can pick the best one for your specific needs.

I have paid to allow clients to open up portals to see all listings as they come on the market real time to you, so feel free to search properties based on your own parameters or set up a portal to get notifications on a customized search. For readers that just follow on the Greenwich Patch I will not be posting all entries on the patch. You can read all postings at www.greenwichrealestateguy.com/blog.

subscribe here to receive each post. Please do not hesitate to email (jrandall@houlihanlawrence.com) or call (203-273-1034) if I can assist in any way.

Best,

Jared Randall Join my Mailing List
Houlihan Lawrence Greenwich Search Properties
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