I think it will take a couple of years to see whether this is a tend
/House inventory soars in Fairfield County. But Greenwich listings drop 15%, so …..
Is the $10,000 federal cap on property tax deductions causing homeowners to bail? Maybe long term, as residents look with alarm towards Hartford and its plans, but I’d guess, completely without evidence, that, while prices will drop to reflect the new tax burden, buyers who want to, or need to, live near NYC will still come to Greenwich, and those already here will remain out of employment necessity.
But I’ll be watching our inventory with interest in the coming years.