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Positive Signs: New England Luxury Housing Report
Posted By susanne On October 29, 2011 @ 12:02 AM In Finance and Economy,Finance, Economy & Government Issues,Luxury Real Estate,Real Estate News,Real Estate Trends,Today's Marketplace | Comments Disabled
According to the RE/MAX of New England Luxury Housing Report, the high-end price point in many of New England’s Top 15 luxury markets showed steadily increasing prices and offered fewer days on market than the national average, this quarter.
Certain towns in Fairfield County, Connecticut, including Greenwich and New Canaan, are still struggling to bounce back and with inventory and prices on the decline, these towns continue to be a prime opportunity for luxury buyers.
“It’s a positive sign to see most of New England’s top 15 luxury towns slowly recovering with the rest of the New England market. While we expect to see bumps along the way, especially as we move into the winter season, we are hopeful that this important housing segment will continue to experience positive signs of recovery, ” says RE/MAX of New England Executive Vice President Jay Hummer.
For more information, visit www.remax-newengland.com .
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