http://www.commercialrecord.com/blogs/housingscene/2010/01/26/new-canaan%e2%80%99s-ritzy-housing-market/ Just another Warren Group Blogs weblog Tue, 07 Feb 2012 16:05:14 +0000 http://wordpress.org/?v=2.6.5 http://www.commercialrecord.com/blogs/housingscene/2010/01/26/new-canaan%e2%80%99s-ritzy-housing-market/#comment-610 Larry Kelly Thu, 18 Feb 2010 12:56:03 +0000 http://www.commercialrecord.com/blogs/housingscene/?p=136#comment-610 I had commented on this article when it was first shown on your daily news letter how inaccurate it was. As an appraiser in the Fairfield County area the data is clearly evident that New Canaan is NOT a hot market. Per the MLS, the number of listings to the number of sales clearly shows that there still is an oversupply and that the sales price of recent houses STILL shows a decline. Articles of this nature when read by those not familiar with the market or those hoping things have changed are given wrong information, by what should be a creditable source. This then adds to and prolongs the markets’ problems. You really need to do some research & recant this article. I had commented on this article when it was first shown on your daily news letter how inaccurate it was. As an appraiser in the Fairfield County area the data is clearly evident that New Canaan is NOT a hot market. Per the MLS, the number of listings to the number of sales clearly shows that there still is an oversupply and that the sales price of recent houses STILL shows a decline. Articles of this nature when read by those not familiar with the market or those hoping things have changed are given wrong information, by what should be a creditable source. This then adds to and prolongs the markets’ problems. You really need to do some research & recant this article.

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