Posts made by author 'Priscilla Pavel'

Bain Real Estate Cornwall Village 2019 February Market Report.

Dear Neighbor,

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It is a very cold winter indeed; which is certainly not news to anyone in Cornwall today. But what may be not as well known is that sale prices have been firming up hinting that we have finally rebounded from the depths of the Great Recession that swamped us 10 years ago.  Since then as consumer confidence grew, so did buyer confidence.  With buyer confidence come sales, shrinking inventory, increased demand and stronger values. This is clearly evident with only 28 residential homes available for sale which is traditionally low. A cautionary note to insert, we are now seeing daily volatile financial...

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Bain Real Estate East Cornwall 2019 January Market Report.

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While usually this time of the year is slower, the 2019 market is active; we have 15 transactions countywide due to close in the first quarter alone.  Prices seem to be holding fairly strong, with most sales close to asking prices. This is a clear indication that the real estate market has finally rebounded from the depths of the Great Recession that swamped us 10 years ago. As the economy strengthened buyer confidence did so in turn. So, growth has ensued.  A cautionary approach should be taken however, as daily the volatile swings in the world and nation are having considerable influence on buyers' confidence.

In fact, on the upper end o...

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Bain Real Estate Mid Cornwall November 2018 Market Report.

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Dear Neighbor,

It has been an unusual fall season with late colors and a long Indian summer.  We've had our first snowfall.  Usually your neighborhood has the most sales in town, but this year it is not so.

We have had only 4 land and home sales as compared with 10 last year and 14 the year before.

7 West Drive is an 8 room ranch with 3 bedrooms, 2.1 baths on 12.9 acres with a large barn.  The land is cleared around the house and wooded close to the road affording great privacy.  With oil heat, central air, full house generator and well appointed interior with...

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 Bain Real Estate 2018 West Cornwall Market Report.

Dear Neighbor,

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We have had a long cold winter which extended through April!  But now it is truly a warm and wonderful spring, much later than I usually write to my West Cornwall neighbors.  I'll explain the reason why the delay in just a little bit.

There is a lot going on in West Cornwall.  This summer, 3 bridges will be repaired and/or replaced. One that will not be a bother is the one over Mill Brook which leads to the gravel bank.  However, the crossing over Mill Brook from Route 128 to Smith Hill Road will affect the access to 4 residences and will also require a detour off Railroad Square for those home owners. But the major headache, beg...

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Bain Real Estate Cornwall Hollow 2018 May Market Report.

Dear Neighbor, 

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A year ago when I wrote, I was thrilled with lilacs for May Day!  After the worst wintry April in my memory, on May Day we had daffodils, forsythia and magnolias.  Now in mid-May we have the fragrant lilacs back! 

The positive Real Estate news continues, especially in your neighborhood as last year we reported 6 sales, this year we report 10! Obviously your neighborhood is in demand.

The strengthening of values in our real estate market has been intensifying a bit each year and there have been fewer homes for sale.  Currently there are 26 homes for sale in Cornwall and another 5 are on de...

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