The Connecticut Real Estate Market Is Examined by Isaac Toussie
Isaac Robert Toussie offers some thoughts and basic information on the Connecticut real estate market.
The current economic malaise has hit Connecticut as well, but there is no danger of oversupply in the state; inventory levels have been consistent, probably because Connecticut housing has not been subjected to the amount of speculative investment that other places have experienced, such as Florida or Nevada. Connecticut maintains its generally pro-business policies and there is no danger of an exodus among commercial tenants, either. Surely it has also helped that media attention has been focused on other states, whereby the panic selling that’s ensued elsewhere has not gripped the Connecticut real estate market.
Connecticut has the most expensive estates in the country second only to California, with over three percent priced over a million dollars at the turn of this century. Most such residences are located in the northeastern part of the state, with median values assessed in the multiple millions, Isaac Toussie comments. The southwestern part lies within the greater metropolitan area of New York City. Indeed, three of Connecticut’s eight counties form the Tri-State Region with New York and New Jersey. Despite the economic downturn in the rest of the nation, Connecticut real estate has not experienced too much turmoil. Though credit has tightened, inventory remains steady.
Statewide inventory of condominiums in Connecticut have been at consistent levels despite the economic downturn of late, and this is a good sign which bodes well for the real estate market there as a whole. Thanks to government action that’s maintained access to credit, there is actually some good news for those savvy enough to “connect the dots.” Mortgage interest rates have fallen substantially and there is a tax credit stimulus package for first-time home-buyers with $7,500.00 available. Finally, people have got to live somewhere, so any decline in the condominium market can only be temporary. This is a market with a lot of upside, Isaac Toussie comments.
The content of this article has been posted strictly for informational and human interest purposes only, not for advisory purposes, and should not be relied upon in any way by any person or institution. The reader should not rely on the validity of any of the information contained herein. The reader is urged to consult a variety of professionals when making business or any other significant decision, including accountants, lawyers, investment advisors, insurance companies and the like. Again, this article has been posted merely for human interest and informational purposes, not for advisory purposes.
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October 12th, 2009 at 11:44 am
[...] The history of real estate in Connecticut is one of slow but steady growth. Connecticut has never been a “hot” real estate market despite its proximity to the great metropolises of New York and Boston, but precisely because of this proximity residential and commercial realty does exist and can remain active. Indeed, despite the current economic meltdown of our day, the State of Connecticut has not witnessed any overly dramatic shifts in its real estate markets. A thankful sort of equilibrium rules, with consistent levels of inventory and stabilized prices. Connecticut commercial real estate seems to have a lot of upside potential as opposed to other states which seem like they are still in downward momentum, says Isaac Toussie. [...]
October 12th, 2009 at 11:46 am
[...] The history of real estate in Connecticut is one of slow but steady growth. Connecticut has never been a “hot” real estate market despite its proximity to the great metropolises of New York and Boston, but precisely because of this proximity residential and commercial realty does exist and can remain active. Indeed, despite the current economic meltdown of our day, the State of Connecticut has not witnessed any overly dramatic shifts in its real estate markets. A thankful sort of equilibrium rules, with consistent levels of inventory and stabilized prices. Connecticut commercial real estate seems to have a lot of upside potential as opposed to other states which seem like they are still in downward momentum, says Isaac Toussie. [...]
October 12th, 2009 at 11:46 am
[...] The history of real estate in Connecticut is one of slow but steady growth. Connecticut has never been a “hot” real estate market despite its proximity to the great metropolises of New York and Boston, but precisely because of this proximity residential and commercial realty does exist and can remain active. Indeed, despite the current economic meltdown of our day, the State of Connecticut has not witnessed any overly dramatic shifts in its real estate markets. A thankful sort of equilibrium rules, with consistent levels of inventory and stabilized prices. Connecticut commercial real estate seems to have a lot of upside potential as opposed to other states which seem like they are still in downward momentum, says Isaac Toussie. [...]
October 12th, 2009 at 11:48 am
[...] The history of real estate in Connecticut is one of slow but steady growth. Connecticut has never been a “hot” real estate market despite its proximity to the great metropolises of New York and Boston, but precisely because of this proximity residential and commercial realty does exist and can remain active. Indeed, despite the current economic meltdown of our day, the State of Connecticut has not witnessed any overly dramatic shifts in its real estate markets. A thankful sort of equilibrium rules, with consistent levels of inventory and stabilized prices. Connecticut commercial real estate seems to have a lot of upside potential as opposed to other states which seem like they are still in downward momentum, states Isaac Toussie. [...]
October 12th, 2009 at 11:50 am
[...] The history of real estate in Connecticut is one of slow but steady growth. Connecticut has never been a “hot” real estate market despite its proximity to the great metropolises of New York and Boston, but precisely because of this proximity residential and commercial realty does exist and can remain active. Indeed, despite the current economic meltdown of our day, the State of Connecticut has not witnessed any overly dramatic shifts in its real estate markets. A thankful sort of equilibrium rules, with consistent levels of inventory and stabilized prices. Connecticut commercial real estate seems to have a lot of upside potential as opposed to other states which seem like they are still in downward momentum, says Isaac Toussie. [...]
October 12th, 2009 at 11:54 am
[...] The history of real estate in Connecticut is one of slow but steady growth. Connecticut has never been a “hot” real estate market despite its proximity to the great metropolises of New York and Boston, but precisely because of this proximity residential and commercial realty does exist and can remain active. Indeed, despite the current economic meltdown of our day, the State of Connecticut has not witnessed any overly dramatic shifts in its real estate markets. A thankful sort of equilibrium rules, with consistent levels of inventory and stabilized prices. Connecticut commercial real estate seems to have a lot of upside potential as opposed to other states which seem like they are still in downward momentum, says Isaac Toussie. [...]
October 12th, 2009 at 12:11 pm
[...] The history of real estate in Connecticut is one of slow but steady growth. Connecticut has never been a “hot” real estate market despite its proximity to the great metropolises of New York and Boston, but precisely because of this proximity residential and commercial realty does exist and can remain active. Indeed, despite the current economic meltdown of our day, the State of Connecticut has not witnessed any overly dramatic shifts in its real estate markets. A thankful sort of equilibrium rules, with consistent levels of inventory and stabilized prices. Connecticut commercial real estate seems to have a lot of upside potential as opposed to other states which seem like they are still in downward momentum, says Isaac Toussie. [...]
October 12th, 2009 at 12:15 pm
[...] The history of real estate in Connecticut is one of slow but steady growth. Connecticut has never been a “hot” real estate market despite its proximity to the great metropolises of New York and Boston, but precisely because of this proximity residential and commercial realty does exist and can remain active. Indeed, despite the current economic meltdown of our day, the State of Connecticut has not witnessed any overly dramatic shifts in its real estate markets. A thankful sort of equilibrium rules, with consistent levels of inventory and stabilized prices. Connecticut commercial real estate seems to have a lot of upside potential as opposed to other states which seem like they are still in downward momentum, says Isaac Toussie. [...]
October 14th, 2009 at 10:40 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
October 14th, 2009 at 10:41 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
October 14th, 2009 at 10:46 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
October 14th, 2009 at 10:49 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
October 14th, 2009 at 10:57 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
October 19th, 2009 at 2:03 pm
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
October 19th, 2009 at 2:04 pm
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
October 19th, 2009 at 2:05 pm
[...] for actual tenants but for fellow speculators! Yes, we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
October 19th, 2009 at 2:05 pm
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
October 19th, 2009 at 2:06 pm
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
October 19th, 2009 at 2:09 pm
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
October 19th, 2009 at 2:12 pm
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
October 19th, 2009 at 2:17 pm
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
October 19th, 2009 at 2:20 pm
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
October 20th, 2009 at 4:18 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
October 23rd, 2009 at 4:49 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
October 23rd, 2009 at 9:49 pm
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
October 26th, 2009 at 6:20 pm
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
October 30th, 2009 at 3:28 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
November 3rd, 2009 at 1:44 pm
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
November 7th, 2009 at 5:11 am
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
November 8th, 2009 at 1:47 am
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
November 8th, 2009 at 1:56 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
November 8th, 2009 at 4:34 am
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
November 9th, 2009 at 2:13 am
[...] The history of real estate in Connecticut is one of slow but steady growth. Connecticut has never been a “hot” real estate market despite its proximity to the great metropolises of New York and Boston, but precisely because of this proximity residential and commercial realty does exist and can remain active. Indeed, despite the current economic meltdown of our day, the State of Connecticut has not witnessed any overly dramatic shifts in its real estate markets. A thankful sort of equilibrium rules, with consistent levels of inventory and stabilized prices. Connecticut commercial real estate seems to have a lot of upside potential as opposed to other states which seem like they are still in downward momentum, says Isaac Toussie. [...]
November 9th, 2009 at 7:20 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
November 12th, 2009 at 1:36 am
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]
November 12th, 2009 at 5:25 am
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
November 16th, 2009 at 6:03 am
[...] we’re in hard economic times, observes Isaac Toussie, but you can always count on the commercial real estate market in Florida to be profitable. Of [...]
May 3rd, 2010 at 11:35 pm
[...] content of this article has been posted by me, Isaac Toussie, strictly for informational and human interest purposes only, not for advisory purposes, and should [...]