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Old 05-22-2007, 07:36 AM
 
Location: Cheshire, Conn.
2,102 posts, read 7,755,327 times
Reputation: 539

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Quote:
Originally Posted by JayCT View Post
Rich Lee - Thanks for the information. Looks like real estate in CT is still hanging in there (no bursting bubble like other portions of the country). Jay
Luckily, it didn't rise double or triple digits in a short period of time. Generally speaking, we experienced 1-percent-per-month appreciation for about 24 - 30 months depending on the market. The time period referenced is 01/2004 - 06/2006.

Some middle-segment and lower-end markets saw their prices continue to appreciate after the higher-end markets reached their plateaus. This residual effect by the lower-end markets was basically an effort to "close the gap" that the higher-end markets created by moving upward.
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Old 05-22-2007, 10:35 AM
 
Location: Connecticut
34,917 posts, read 56,893,272 times
Reputation: 11219
I guess I can confirm this. I just found out that the house behind me, which went on the market last week, is already under deposit. It was well priced. I thought it could have been listed higher. I believe their strategy was to price it under its value and sell it fast at or above asking price. Two friends of ours also just sold their homes and both were not on the market long and got near asking price. Again, well priced to sell quickly. Another house up the street is sitting but the price is too high for the market. Plus the decor is dated (looks very 80's) even though it is a newer home. Anyway, thnaks for the update. Jay
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Old 05-25-2007, 07:27 AM
 
Location: Holly Springs, NC USA
3,457 posts, read 4,651,747 times
Reputation: 1907
JayCT,

What town is that in? We are still planning on moving back to CT, however it just may take longer than anticipated.
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Old 05-25-2007, 11:30 AM
 
Location: Connecticut
34,917 posts, read 56,893,272 times
Reputation: 11219
Quote:
Originally Posted by BigHouse9 View Post
JayCT,

What town is that in? We are still planning on moving back to CT, however it just may take longer than anticipated.
Glastonbury - We are an upscale suburb of Hartford about 8 miles southeast of downtown. Great location with access to I-91, I-84 and Route 2. Excellent schools, nice shops and restaurants. We are very happy here. Jay
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Old 05-25-2007, 11:39 AM
 
Location: Holly Springs, NC USA
3,457 posts, read 4,651,747 times
Reputation: 1907
JayCT - Lived there for 13 years. LOVED it. Has to be one of the nicest places to raise a family. Great school systems and just wonderful friendly people. Lots to do around there and so convenient and pretty.

Can't wait to get back there. Seems like it will never happen.
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Old 05-25-2007, 12:55 PM
 
Location: Connecticut
34,917 posts, read 56,893,272 times
Reputation: 11219
Quote:
Originally Posted by BigHouse9 View Post
JayCT - Lived there for 13 years. LOVED it. Has to be one of the nicest places to raise a family. Great school systems and just wonderful friendly people. Lots to do around there and so convenient and pretty.

Can't wait to get back there. Seems like it will never happen.
Come on back! We would be happy to have you.
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Old 05-29-2007, 07:06 AM
 
67 posts, read 227,717 times
Reputation: 17
If you don't want fairfield county try Madison, Guilford or Essex along the river. They are beutifull areas and you get to enjoy the coast as well. Stonington is picturesque if you want to be that far east.
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Old 05-31-2007, 11:25 AM
 
Location: Milford, CT
327 posts, read 1,118,970 times
Reputation: 214
And if you want to use a niffty tool to see whats going on in CT GO HERE -

Connecticut - Attractions, Dining, Lodging, Shopping and Events - Yankee Magazine
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Old 09-23-2007, 04:00 PM
 
14 posts, read 101,110 times
Reputation: 11
I wanted to bump up this topic, as we are possibly relocating to CT. I thought we could afford Greenwich...

I'm looking at Tolland and it seems a bit more reasonable. Is it a rural town?
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Old 09-23-2007, 04:17 PM
 
Location: Connecticut
34,917 posts, read 56,893,272 times
Reputation: 11219
Greenwich to Tolland! Talk about extremes. Jay
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