Another fire sale in the offing?

121 Lower Cross Road

Fireman fighting a major blaze at 121 Lower Cross Road.

GREENWICH — Greenwich firefighters are working a major residential fire on Lower Cross Road Thursday morning.

Authorities are asking motorists to avoid the area at Lake Avenue, which will be closed. There were no injures reported to any residents, according to the dispatch center, and no pets have been injured.

According to an emergency broadcast network, there was extensive fire throughout the house at 121 Lower Cross Road, and portions of the building have collapsed.

According to a Twitter feed from the firefighters union, “House is fully involved, all occupants are out, house is starting to collapse.”

The property was listed for sale between September 2015 to October 2016, starting at $3.799 and dropping to $3.495 before expiring unsold.

I wonder whether we’ll see more of these as the market withers?