luxury property

from The Wall Street Journal…

Seeking Pristine Condition with feature-rich Kitchen and Master Suite

For centuries, the tony suburbs of NewYork City have been a haven for the rich, who bought luxurious estates on sweeping acres. But many of today’s home buyers, no matter how wealthy, seek the opposite — smaller, smarter houses on compact lots that are ready to be moved into. Read more, including KMS thoughts by following this link — Gilded Age Luxury to Home Improvement Show Mentality

Price Point Differentials

The outlook for real estate sales in Fairfield County, Connecticut, and Westchester County, New York, is bifurcated. The market for homes priced at under $2 million is slowly improving in both counties. But sales of estates are down dramatically, with no change in sight. Read on Outlook: Cautious With a Touch of OPTIMISM