Freddie Freddie Freddie

Back and forth and back and forth – the latest headline in LinkedIn Real Estate headlines states: Freddie Mac Ready for Growth in Housing Markets Really?  9.1% unemployment Consumer confidence is still low Home values are down – still making people feel poor or poorer Mortgage rates are low – but who’s lending? The headlines on…

Zsa Zsa to Ga Ga

Pop icons change, but real estate is always real…it is what the market will bear – regardless of anything else. Zsa Zsa’s 6700 SF Bel Air  home is on the market for $15m.  The views apparently are amazing.  Earlier, her husband had indicated that he wanted to list it for $28m, to help defer the…

23 Bailiwick Rd – Greenwich – SOLD – FINALLY! – $1,750,000

I know that it looks like a typo, since it started at $2,995,000 in 2008 then dropped to 2, 895,000, 2,495,000, 1,950,000 which was the last list price….after 1,199 days on market – whew! exhausting…but that’s what going on at the moment. This trend is not going away anytime soon. It last sold in 2007…

DOOM + GLOOM

Most likely you have heard this before now, but there are some out there with their heads in the sand, or they are thinking that it’s not relevant to Greenwich. Think again. Case Shiller indicates that home prices are now 33% below 2006 peak numbers – compared to 31% during the Great Depression! and there…

Dog Bless America

On another subject – we must ALWAYS remember our military guys and gals….and this one is soooo easy! The organization behind this service will provides dogs to post traumatic stress disorder vets…. You just have to “Like” Dog Bless You on Facebook. From Memorial Day to Independence Day, Explore.org will donate a companion or service dog to a…

Weekend Acitivity – Greenwich

There had been some activity in the real estate market in Greenwich – not that the Greenwich MLS makes it easy for Mac users to pull photos to make articles more interesting …. but that a whole other story… Here’s the re-cap for what happened over the weekend: 6 SOLD transactions: 3 condos (but really…