No surprise here
Existing home sales fell 2.2% in August
Raveis's Greenwich mortgage officer, Mark Hawkins, says that Connecticut appraisers are noticing that house prices have stopped falling in areas outside of Fairfield County. The hope is that we'll soon see that same phenomenon here but I find it a little disturbing: traditionally, Greenwich is the last to feel a real estate downturn and the first to emerge, so something odd's going on - can you say, "collapse of Wall Street"?
Update:
Prices aren't doing so well, either, according to Bloomberg