The Gold Coast Standard and Darien Real Estate

Wall Street Journal Heralds Return of the “Teardown”,Darien Homes for Sale

An interesting article in today’s Wall St.Journal is trumpeting the return of the “teardown” in CT.That’s the affectionate term for homes of a certain vintage that are beyond rehab or are located on a parcel that could be otherwise “optimized”. While its true that the market has literally bounced like a rubber ball ,I haven’t seen any local evidence of this so far. It may still take some time for Darien builders to get back in this game. Stay tuned.

http://online.wsj.com/article/SB10001424052748703686304575228221412542494.html?mod=WSJ_Real+Estate_MIDDLETopNews

This entry was posted on Friday, May 7th, 2010 at 4:26 pm and is filed under Buyers, Insider Info, Market Trends, Sellers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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