Monthly Archives: September 2007

I’ve said this beforeBut perhaps you’d like to hear it again, this time from a real estate professor at Columbia, quoted in the New York Times. Professor Christopher Meyer, who studied loss aversion by (would-be) sellers in Boston when the … Continue reading →

Where are the offers? Most sellers with overpriced houses don’t understand why no one extends an offer, at any price on their property. Having spent many weeks recently with a very nice couple who are ready to buy but haven’t … Continue reading →

Market ActivityAugust is usually a pretty slow month in the Greenwich real estate market and this year was no exception. Still, I was impressed how much activity there was. Forty-three houses went to contract during the month (compared to 41 … Continue reading →

Mortgage Meltdown The so-called sub-prime mortgage market has been taking a beating and dragging down a number of very good companies. But I’m not convinced that recent “solutions” proposed by politicians will do anything to alleviate the situation; in fact, … Continue reading →