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“There are a couple of hundred deals that we’re looking at now, and a couple hundred that are under contract," says Ryan Raveis of the recently launched "Raveis Purchase" program.
Commercial real estate broker Austin Monteiro said, "A lot of it depends on the market or if you’re in a city or a suburb."
The reason for the increased flocking to Litchfield is "not just the pandemic,” says developer Michael Belfonti. “It’s a general flight from the urban city environment, which has real problems with murders and crime.”
Live streams of “open houses” via apps like Zoom have become popular, with the agent or owner providing tours and answers to multiple potential buyers or renters.
The Shelton firm's commitment to veterans is now formalized by its participation in “U.S. Military on the Move,” a program offered by participating brokerages of Leading Real Estate Companies of the World that offers rebates or credits on a home sale or purchase to eligible service members.
“There’s now less incentive to get a larger mortgage because you can’t deduct it," says Ryan Raveis. "For younger generations particularly, who are typically loaded down with student debt and are living at home, home ownership of their own – which has always been seen as a way of building equity – is getting harder to come by.”
Tales both humorous and poignant were heard at the Westfair Communications Family-Owned Business Awards that honored more than 20 businesses from Westchester and Fairfield counties.
“We truly offer an all-in-one process -- from finding the home and moving companies to home mortgage and insurance -- all handled under one umbrella to make it as easy and as seamless as possible for families,” said former Red Sox pitcher Chris Resop, vice president and managing director of the revamped division of Raveis.
The partnership with Palm Beach’s The Fite Group Luxury Homes will operate under the Raveis name, with the brand being rolled out over the next six months.
Heritage Properties, a leading realtor in New London County, has more than $150 million in sales volume and close to 60 employees.
William Raveis Real Estate, Mortgage & Insurance (WRRE) has signed a three-year partnership with the Boston Red Sox and Fenway Park to become the "Official Realtor of the Boston Red Sox."
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