Real Estate Funds have been a top performer this year. But Why? See What the Wall Street Journal has to say

Real Estate Investment Funds or Reits have had some surprising returns this year.

Repurposing Rooms Can Give Your Home New Life

Great concept and wonderful idea about bringing your home up to your current needs, increasing value and not spending a fortune. Click on this link to read more.

2 Closings in New Canaan on August 26, 2010

156 Old Studio Road.  Only one week on the market. Listed at $2,250,000. Closed at $2,200,000

1702 Oenoke Ridge. Listed at $1,495,000 Sold at $1,425,000. 4 acre compound with pool.

The Barclay's August 25, 2010

Look who is signing autographs?

Tiger's Private Security Force Keeping a Close Watch

Grand Opening Open House in New Canaan Sunday August 15, 2010 2-4pm

117 South Bald Hill Road

New Canaan, Ct.

BEST OF BOTH WORLDS OLD AND NEW

BRAND NEW CONSTRUCTION CONNECTED TO HISTORIC ANTIQUE

Jet Blue's Founder Home on the Market in New Canaan

Chateau Fleur de Lys is on the market for sale at $11,000,000. Read attached news story.

Pending Contracts and Sales in New Canaan are up

156 Old Studio Rd is one of the homes in contract waiting to close. This property was on the market for only one week and was listed by myself at $2,250,000

There has been a 72% increase in closed sales year to date in New Canaan as compared to the same period last year.  So far this year there have been 132 closed sales while there were only 77 sales to date in 2009.  By the same token, pending contracts are up also with 38 homes in contract. The breakdown is as follows:

Pending Contracts
Over 3 million      6
Over 2 million      8
Over 1.5 million   7
Over 1 million     11
Under 1 million    6

The Real Estalker: Let's Talk About Huguette Clark

The Real Estalker: Let's Talk About Huguette Clark: "There has been much brouhaha and ballyhoo in the press in the last couple of days and months regarding a wealthy and reclusive old woman nam..."

6 Month Market Roundup

6 Month Market Update-A Closer Look

As a follow-up to our prior post on quarterly housing numbers, let's also take a look at how the market has fared for the first half of the year. The chart below will illustrate some tremendous gains in key market indicators between the first 6 months of 2010 vs. the first 6 months of 2009:

A look at the Northeast - 1st 6 Months 2010 compared to 1st 6 Months 2009:

Click on the title to read more:

Interesting Article about Clapboard Colonials in New Canaan

I just read this architects blog about the origin of Colonial homes in New Canaan and their modern progression.

Just Listed in New Canaan. Master Blend of Old and New

Best of both worlds, Old and New. New Colonial home just finished on 4 spacious floors w/top of the line details, moldings, finishes, bathrooms. All custom designed & decorated in Swedish Country style. Connected to this new home is one of New Canaan's oldest homes built in 1760. The "Nathan Nash" house is charming, historic and restored. The mix and blend of the two is expertly done and complimented by beautiful property & new landscaping. Total square footage exceeds 9000 sq ft w/ 8 bed, 6 full, 3 half baths & LL spa & gym.2 separate driveways approach this property. There is nothing like it on the market today

599 North Wilton Road, New Canaan. Sold at $1.200,000

This 5 Bedroom Colonial closed today. Originally listed at $1,640,000 and on the market for 481 days, this property closed at $1,200,000. It is really a great property with 4 acres and fantastic views over the reservoir, New Canaan's waterfront. The house will be modernized by it's new owners and appreciated and improved without being torn down.