Five years ago, buyers in Darien, Connecticut, paid steep premiums for the right neighborhood. Today, with roughly 6,300 households in a town spanning 12 to 14 square miles and almost no developable land remaining, buyers compete for whatever becomes available – and previously second-tier areas are commanding prices that once belonged exclusively to the town’s ...
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In most housing markets, a listing price gives buyers a reasonable starting point. In Darien, Connecticut – a town of roughly 12 to 14 square miles on the Long Island Sound, about an hour by train from Grand Central – it has become something closer to a floor in an auction. Homes routinely sell well ...
Photo credit: Brian Wilcox There is a particular kind of place that works hard not to announce itself. No billboards on the approach. No velvet ropes. No social media moment engineered into the landscape. The Litchfield Hills, Hudson Valley, and Southern Berkshires are that kind of place, and for the buyers and visitors who find ...
Regional bank consolidation has been reshaping construction lending across the United States for the better part of two years. Still, its effects are playing out with particular intensity in New England. As larger institutions merge and tighten their balance sheets, developers across the region are increasingly turning to private credit providers to keep projects moving. ...
If you’re thinking about listing your home in Fairfield or New Haven County, there’s a good chance you’ve already looked up an automated estimate of what your home might be worth. And there’s a good chance that number is now stuck in your head, for better or worse. According to Kristin Egmont, a Connecticut real ...
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Many real estate professionals in Southlake, TX, and across Dallas-Fort Worth are bracing for a slower stretch. Justin Nimergood, who leads the Top Gun Team at Epique Realty, believes the next 12 to 24 months will be difficult, and he is planning for it now instead of waiting to see how hard it hits. “It’s ...
Most aviation planning starts from a simple assumption: aircraft need airports, and airports need hundreds of acres. A demonstration flight in downtown Manhattan this month challenged that assumption directly. Lisa Wright, founder and CEO of Landings, was at the downtown helipad when Electra’s hybrid-electric aircraft flew in from Linden Airport in New Jersey, landed, took ...
Construction costs are rising. Capital is more expensive. Some markets are oversupplied. Together, those pressures have made buying existing self-storage facilities more attractive than building new ones, according to George Hristodoulou, a principal at RSG Development, a New Jersey-based developer. “We think it’s in many ways a better time to acquire than develop because of ...
The affordability conversation in most metro areas centers on interest rates. In Fairfax County, Virginia – the suburban ring just outside Washington, D.C. – a 25-year view points to home prices, not interest rates, as the main driver of the affordability squeeze, according to Andy Novins, who has worked the Falls Church area for 23 ...
Buyers searching for a home in Central Austin, TX often narrow their list to a handful of close-in neighborhoods and then have trouble choosing between them. Zilker, Bouldin, Crestview, Hyde Park, and North Loop all have loyal followings, and each one offers a different kind of daily life. Kathy Sokolic, co-founder of Mueller Residential Group, ...
For retirees comparing 55+ communities in Ocala, Florida, Stone Creek and On Top of the World often end up on the same shortlist. The two sit right next to each other, and a new road now connects them. Both offer strong amenities and a range of home options, so the decision usually comes down to ...
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