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We wouldn't have met our latest Realtor if this were the case in our town. We moved from out of state and even though we'd been looking at houses online we still took the time to drive around while we were in town for the weekend. We needed to get to know the neighborhoods. We happened across an open house sign and stopped to view the home. We liked the Realtor enough to work with her as our buyer's agent. Ironically, the sellers of the house we did buy bought the house we initially viewed at the open house.
Not only a cold market but the population of CT is declining quite a lot over the last few years. Many large companies like GE have left CT. They are one of 6 states with a decreasing population. Apparently no jobs and high taxes is not real desirable.
There is a pretty good thread in the CT forum about "Decreasing crime". It's apparently they don't keep track because they don't arrest young law breakers or punish them after they've been caught for the 53rd time stealing cars.
heh, a mile or so from my house is a crappy house on a busy street that has been for sale for a year or more that now has 4 different for sale signs in it's yard currently. They're all fairly close to one another too lol.
As mentioned NC is a very affluent area but also has some wonderful properties and other nice things. Easy access into NYC via train, an excellent public school system are two major benefits.
To paraphrase what another poster wrote in the CT forum this is about perception. New Canaan, if one can afford it, is the perfect town. Therefore, if one drives around and sees a lot of for sale signs in town, it no longer appears to be the perfect town otherwise people wouldn't be selling and leaving.
One can hang up all the for sale signs they want in Bridgeport which is about 30 miles or so from New Canaan. Realtors are not complaining in Bridgeport.
To paraphrase what another poster wrote in the CT forum this is about perception. New Canaan, if one can afford it, is the perfect town. Therefore, if one drives around and sees a lot of for sale signs in town, it no longer appears to be the perfect town otherwise people wouldn't be selling and leaving.
One can hang up all the for sale signs they want in Bridgeport which is about 30 miles or so from New Canaan. Realtors are not complaining in Bridgeport.
When every other lawn in an area or whatever has for sale signs up it looks like a fire sale. That or people start thinking "what's wrong or going on around here?".
Am guessing the reality in New Canaan is like many other suburbs; you have older and or retired persons rattling around in large homes and they want to downsize. Sadly one thing NC does very well is large to super size homes/properties which aren't always up everyone's street.
Indoors is one thing; but unless you intend to let the grounds go to rot and ruin someone has got to get out there on a regular basis and deal with landscaping and so forth.
Our fathers and grandfathers did all that mowing and whatever; I've got better things to do with my Saturdays or Sundays. *LOL*
Not only a cold market but the population of CT is declining quite a lot over the last few years. Many large companies like GE have left CT. They are one of 6 states with a decreasing population. Apparently no jobs and high taxes is not real desirable.
There is a pretty good thread in the CT forum about "Decreasing crime". It's apparently they don't keep track because they don't arrest young law breakers or punish them after they've been caught for the 53rd time stealing cars.
You are very wrong about Connecticut. According to the latest data the state’s population in 2017 is the same as it was at the last census in 2010 (3.59 million) not less.
There have not been “many” large companies that have left. It is true that GE’s Corporate Headquarters left suburban Fairfield for Boston but that was only 200 jobs. GE kept 600 jobs from their corporate headquarters and moved them to Norwalk joining a couple of hundred other jobs they had there. I am not aware of any other large company that has left. Charter Communications is building their new corporate headquarters in Stamford and Henkel just moved their consumer products from Arizona to Stamford as well. Bridgewater, the worlds largest hedge fund, has committed to staying and expanding here as has other major companies like Sikorsky Aircraft, Pratt & Whitney, Electric Boat and Aetna/CVS Health. There are many others as well.
The Connecticut economy has lagged the rest of the country but the state is still one of the wealthiest in the country. The number of household making more than $100,000 has gone up. The state has regained 112% of the private sector jobs lost in the recession but it has not regained all of the public sector jobs. This is because the towns and state shed jobs to reduce costs which is actually good.
The reason that New Canaan is banning for sale signs has nothing to do with the number of homes for sale there. Many of the super affluent towns in southwest Connecticut do not allow signs. New Canaan is just doing what others have done. Rather than relying on a questionable online source, read the local media’s actual coverage of the change.
Finally that Decreasing Crime thread on the Connecticut forum, it is one posters contention that the state is hiding juvenile crime but he has provided NO proof to back up that claim or that other states don’t do that. The crime statistics are taken from police and FBI records which includes ALL crime. It is pretty clear that crime is down across the state and you can’t really hide it. Jay
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