[CTartist]

I called my plumber up for a little job. He said "I can't come, I just moved to Tennessee". I said to him "Wow, I didn't know you wanted to move" (he is only 60). He said to me "I didn't either until my wife and I saw how hot the market was in Trumbull. We decided last month to sell the house and it sold right away. Now I will take life easy and work when I want".

Fairfield County is hot, hot, hot if people are making those kind of split second decisions.

[Shartnado42]

Originally Posted by CTartist

I called my plumber up for a little job. He said "I can't come, I just moved to Tennessee". I said to him "Wow, I didn't know you wanted to move" (he is only 60). He said to me "I didn't either until my wife and I saw how hot the market was in Trumbull. We decided last month to sell the house and it sold right away. Now I will take life easy and work when I want".

Fairfield County is hot, hot, hot is people are making those kind of split second decisions.

yeah could be a lot of people in CT that are taking up the opportunity while their values are high to sell and move somewhere else cheaper.

[Stylo]

Originally Posted by Shartnado42

https://www.bloomberg.com/news/artic...obility-surges

Connecticut was ranked #4 on more moves out of state than coming in since Pandemic and also wasnt mentioned as one of the top destinations for New Yorkers fleeing (was Texas, Florida, North Carolina, and California).

Not sure why anyone would consider these private companies as a legit data source.

Isn’t United more popular with long distance moves anyway?

[JayCT]

Originally Posted by Shartnado42

https://www.bloomberg.com/news/artic...obility-surges

Connecticut was ranked #4 on more moves out of state than coming in since Pandemic and also wasnt mentioned as one of the top destinations for New Yorkers fleeing (was Texas, Florida, North Carolina, and California).

Here we go yet again.

This is a VERY flawed analysis. It is based on the experience of just one moving company. It is not comprehensive or complete. Plus what this does not consider is that people in affluent states like Connecticut are more likely to use a large moving company. The experiences of smaller companies could be very different.

I wish these stupid moving companies would stop spreading flawed analyses and that even stupider media would stop promoting them like they have any validity. Jay

[SteveM85]

Originally Posted by JayCT

Here we go yet again.

This is a VERY flawed analysis. It is based on the experience of just one moving company. It is not comprehensive or complete. Plus what this does not consider is that people in affluent states like Connecticut are more likely to use a large moving company. The experiences of smaller companies could be very different.

I wish these stupid moving companies would stop spreading flawed analyses and that even stupider media would stop promoting them like they have any validity. Jay

The one who posted clearly hasn't been paying attention the last few months.
Poor effort. Even City Data's not immune.

[Scott R]

Originally Posted by Scott R

I can provide one datapoint: the house we bought in West Simsbury (around Nov 2008) for $400K currently has property taxes of about $8900. They were actually a bit higher when we purchased the house, but we were able to challenge the tax assessment and get them lowered a little.

To JayCT: Yes, I do think we can sell it fairly quickly if it's "priced right". My concern is that compared to what else I'm currently seeing on Zillow, the "right price" may be less than $400K, which hurts because when we bought it for $400K around Nov, 2008 the house needed a *lot* of work (which we later did), the housing market had already started to crash (hadn't hit bottom yet), and it doesn't seem like Simsbury recovered as well as other towns. So, basically we bought for $400K, spent at least $50K on it, and now are facing possibly having to sell for less than $400K.

Just circling back here...

We closed on our new house in Niantic, and had our old house listed for sale about a week later, on a Friday. We had several people come see it on Fri, Sat, and Sun, and had 3 offers, one of which we used as leverage to get another potential buyer to up their offer. I'm still 2nd-guessing whether we listed it too low, but our house is unusual, so I worried that comps/appraisal could be a problem, and the Simsbury market just didn't seem to be commanding high prices.

We paid considerably more for the new house, despite the old house having several things about it that were larger or better, but the new house has some other features that are better than the old house. The biggest factor in the difference in price would likely be that our new house has water views and access to a small/shared/somewhat-under-the-radar dock. So, the house and lot size are probably more valuable with the old house, but the location/view/dock help me to justify the extra cost of the new house.

[Stylo]

Originally Posted by bwv988

Very few good food options.

Sounds like you weren’t looking in the right place in 7 months of weekdays. And a big portion of the food options in NYC are either overpriced or overhyped...

Also, weird flex talking about the superiority of NYC, in a thread about our state currently being flooded by NYers. Which isn’t something new, but has been accelerated by a future of WFH. Many people settled down here from the city for generations, and more are now coming.

[80s]

Originally Posted by bwv988

I lived in CT for 7 months while working for Bridgewater. I still kept my coop in NYC. So I went back to NYC every weekend. Eventually I got sick of CT, started commuting from NYC every day. That's when I realized things wouldn't work. So I left my cushy job at BW.

CT is boring as hell. Very few good food options. That's why it's cheap. Nobody wants to live up there. The novelty of living in the country wears off pretty quickly.

One man's boring is another man's bliss. You couldn't pay me enough to move back to the city.

[Cambium]

Indirectly related for sure. This is why good, smart, normal people are moving out of NYC and into the suburbs. From the Looting to the rowdy disrespectful protestors blocking streets. People trying to live their life working trying to get home and these guys are disrupting our lives.


https://twitter.com/datainput/status...74733172338688

[Cambium]

https://www.cnbc.com/2020/09/02/manh...e-suburbs.html

Manhattan apartment deals fall 31% while sales boom in the suburbs

"Westchester County saw its strongest growth in homes priced at more than $1 million, which more than doubled over last year. And in Greenwich, Connecticut, the number of deals over $4 million increased six-fold compared with last year."

I know people who were paying $5000/mth in rent to live in NYC. If they can afford that, they for sure can afford an expensive home in the burbs.