Comments on: Greenwich real estate values suffer 21.7% decline year over year http://blog.ctnews.com/lincolnmillstein/2010/01/07/greenwich-real-estate-values-suffer-21-7-decline-year-over-year/ Lincoln Millstein offers his unique views and insight on Greenwich and its community Mon, 30 Jan 2012 18:41:24 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Karen Brewer http://blog.ctnews.com/lincolnmillstein/2010/01/07/greenwich-real-estate-values-suffer-21-7-decline-year-over-year/#comment-749 Karen Brewer Sat, 16 Jan 2010 23:12:49 +0000 http://blog.ctnews.com/lincolnmillstein/?p=991#comment-749 we're all headed down the same road....increasing school enrollments,lower contributions from the state for infrastructure etc,declining home values, declining building permits etc.equals more taxes.Some towns seem better than others Dariens' mill rate is 14,25 how about Greenwich? we’re all headed down the same road….increasing school enrollments,lower contributions from the state for infrastructure etc,declining home values, declining building permits etc.equals more taxes.Some towns seem better than others Dariens’ mill rate is 14,25 how about Greenwich?

]]> By: Jim http://blog.ctnews.com/lincolnmillstein/2010/01/07/greenwich-real-estate-values-suffer-21-7-decline-year-over-year/#comment-740 Jim Mon, 11 Jan 2010 13:36:47 +0000 http://blog.ctnews.com/lincolnmillstein/?p=991#comment-740 Wake-up Greenwich Resident!!!and compare your taxes with those in other towns in Fairfield County! Wake-up Greenwich Resident!!!and compare your taxes with those in other towns in Fairfield County!

]]> By: Greenwich Resident http://blog.ctnews.com/lincolnmillstein/2010/01/07/greenwich-real-estate-values-suffer-21-7-decline-year-over-year/#comment-732 Greenwich Resident Sat, 09 Jan 2010 15:44:56 +0000 http://blog.ctnews.com/lincolnmillstein/?p=991#comment-732 Wake-up Jim, our taxes will be going up in July. Unless the Town curtails building and the Board of Ed - you will be shocked at what your new tax rate will be moving forward for 2010/2011 and the next several years. Read the recent(2009)short report presented at the last Town meeting which gave our future debt numbers etc. Wake-up Jim, our taxes will be going up in July. Unless the Town curtails building and the Board of Ed – you will be shocked at what your new tax rate will be moving forward for 2010/2011 and the next several years. Read the recent(2009)short report presented at the last Town meeting which gave our future debt numbers etc.

]]> By: Jim http://blog.ctnews.com/lincolnmillstein/2010/01/07/greenwich-real-estate-values-suffer-21-7-decline-year-over-year/#comment-730 Jim Sat, 09 Jan 2010 13:26:55 +0000 http://blog.ctnews.com/lincolnmillstein/?p=991#comment-730 Zillow estimates 1.Are, at best, .... inaccurate 2.Have no knowledge of neighborhoods and local values 3.Cannot set prices as realtors can.... I am not a realtor and I do believe that home prices have fallen...however...It is simply a matter of what people are willing to pay and............look as hard as you can..........there is only one town with the best town parks, beaches, facilities, services,lowest taxes etc. etc. Prices here will always be sky high!!!! Zillow estimates
1.Are, at best, …. inaccurate
2.Have no knowledge of neighborhoods and local values
3.Cannot set prices as realtors can….

I am not a realtor and I do believe that home prices have fallen…however…It is simply a matter of what people are willing to pay and…………look as hard as you can……….there is only one town with the best town parks, beaches, facilities, services,lowest taxes etc. etc.
Prices here will always be sky high!!!!

]]> By: Lincoln Millstein http://blog.ctnews.com/lincolnmillstein/2010/01/07/greenwich-real-estate-values-suffer-21-7-decline-year-over-year/#comment-728 Lincoln Millstein Fri, 08 Jan 2010 22:22:59 +0000 http://blog.ctnews.com/lincolnmillstein/?p=991#comment-728 Trust me, I do not believe any of these internet sites are a replacement for a professional Realtor. I would never make a move without consulting an agent. That said, i am still freaked out about the valuations. Trust me, I do not believe any of these internet sites are a replacement for a professional Realtor. I would never make a move without consulting an agent. That said, i am still freaked out about the valuations.

]]> By: Karen Brewer http://blog.ctnews.com/lincolnmillstein/2010/01/07/greenwich-real-estate-values-suffer-21-7-decline-year-over-year/#comment-727 Karen Brewer Fri, 08 Jan 2010 21:39:19 +0000 http://blog.ctnews.com/lincolnmillstein/?p=991#comment-727 Every Realtor knows that Zillow is notoriously inaccurate. Its a garbage in-garbage out situation. I dont know the Greenwich market well (I am an gent further up the line in Darien/New Canaan but I can tell you that I spend a great deal of time explaining to customers why those ZESTIMATES are inaccurate. The overall market number of -21% may be real but if you need to know or are worried about what your home is worth....Call a REALTOR who will sit with you and explain why they have chosen the comparables they have and accurately do the analysis.I know this sounds like REALTOR-speak but its true. Every Realtor knows that Zillow is notoriously inaccurate. Its a garbage in-garbage out situation. I dont know the Greenwich market well (I am an gent further up the line in Darien/New Canaan but I can tell you that I spend a great deal of time explaining to customers why those ZESTIMATES are inaccurate. The overall market number of -21% may be real but if you need to know or are worried about what your home is worth….Call a REALTOR who will sit with you and explain why they have chosen the comparables they have and accurately do the analysis.I know this sounds like REALTOR-speak but its true.

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