Wednesday, January 23, 2019

Looking Up For 2019?

Our Commercial Department meeting this week was as full of listing and selling reports as we've seen in several years.  Agent after agent reported listings, and then stated that they were under contract.  This was true regardless of the part of the State, the type of property, and its use.  It seemed to us as though the first of the year brought a rush of people deciding that they had vacillated long enough.

To some extent, sellers planning to leave the State will also cause this kind of movement, so it may not all be good news, but it sure felt like it to us.  Even the suggestions from others around the table were positive, as to the likelihood that things would sell.  And this was all true despite the outside temperatures at 15 below with the wind chill, on the morning of the meeting. 

No one would be happier than we would be, if Connecticut were truly seeing a new beginning.  Between investment from those priced out of New York and Boston, users finally pulling the trigger on needed space, and startup businesses, there's a lot to spark the market. 

If you are a seller, consider listing now, while demand is strong and supply has not caught up.  If you are a buyer, don't hesitate.  Remember, he who hesitates is lost. 

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