Alex Soule has a well-written article in the Greenwich Time about folks from New York City not only renting, but also buying in New York City. You can just click the article link, New Yorkers snapping up CT homes as they flee the city to read this story. Alex quotes me about the woman on Park Avenue that was looking to rent $25K/mo house in Fairfield County, because she was afraid to get in the elevator given the number of positive tests in her co-op on Park Avenue in NYC. Alex also quotes me on the 4 types of showings that we are doing now: traditional with gloves and mask, window peeping tour. agent led virtual tour and online 3D tours or videos.
The article points out that sales were down slightly in Fairfield County in April, but sales are expected to recover in April. Berkshire Hathaway’s president, Candace Adams, also observes that not only rentals, but sales are also going in a flash. (I just closed a land deal in Greenwich that took 4 days to get to contract and 8 days to close for an amazing 12 days from first showing to closing.) Candace notes that the Connecticut shoreline east is looking good in the towns from Madison to Mystic.
As you can read in the article below, Connecticut has a great opportunity to reshape it’s image and Alex’s getting the story out of what’s happening is good reporting.