In Real Estate Timing is Everything!
Christie’s auction house broke another world record this week by auctioning off the world’s first purely digital artwork where bidding started just two weeks ago at $100, sold for a record $69M.
Not all of us can afford the world of alternative investments, but navigating the tides of the recent real estate market can be just as intimidating. With the exodus of buyers from NYC in 2020, Ridgefield and other Fairfield County towns have been experiencing an uptick in sales and demand not previously experienced. Recently however, NYC is starting to see interest return and Christie’s International Real Estate NYC Brokerage has been fielding questions from NYC die-hards with upsizing and downsizing questions, investors looking to buy up assets, and first-time homebuyers looking to get in while prices remain relatively low.
With this being said, the suburbs continue to be attractive to many urban buyers. As you have been reading, inventory is low and bidding wars are still occurring on properly priced homes. People are reflecting on their new work-life balance and what that means in terms of housing. Buyers – keep the faith! We are in constant contact with sellers getting their homes ready for spring market. With the vaccine providing a light at the end of the tunnel, the market is starting to open up.
Whether you’re looking for your dream home or wanting to list your current home for sale, our up to minute knowledge will help you navigate this new normal and set you up for success. Reach out at 203-856-5534 or karla@karlamurtaugh.com to see how we can help.