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Scott P. Elwell's Blog

By Scott P. Elwell - REALTOR® | Agent in Greenwich, CT

Low Inventory in Greenwich, CT

Here is a new post I just put on my website GreenwichCT.com.  

The biggest problem I have with the Greenwich real estate market right now is the lack of inventory.  There is not enough good inventory on the market to satisfy demand.  Technically we have more houses listed on the market today than there were a year ago, but this does not tell the full story.  A significant portion of these homes are over-priced, as the sellers are not willing to let the houses go for current valuations. The houses on the market that are well priced are going fairly fast.

 

In an age when buyers go online to start their search well in advance of when they intend on buying, it is more essential than ever to price your home appropriately.  Today’s buyer is savvier than ever and has been ... for the rest of the post click here. 


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