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Look Inside Grey’s Anatomy Creator Shonda Rhimes’ Newly Purchased $15M Westport Estate
Queen of television Shonda Rhimes is putting down roots in Connecticut after scooping up a massive, multimillion-dollar estate in Fairfield County, the New York Post first reported.
The 52-year-old TV writer, producer, and author - best known for creating hit shows like Grey’s Anatomy, Private Practice, and Scandal - recently closed on a 38,000-square-foot home in Westport for a whopping $15.17 million, the outlet reports.
Sitting on roughly 7.5 acres, the New England Colonial home boasts 11 bedrooms, a basketball court, bowling alley, an arcade, a home theater, eight fireplaces, and a ki…
Westchester, Long Island Now 'Overvalued Housing Markets' Following Pandemic Boom, Report Says
Homes in some parts of downstate New York are being considered “overvalued” amid the current housing bubble, according to a new Fortune Magazine report.
Fortune studied home price growth, which is wildly outpacing income growth across the country, with different areas across the US considered “overvalued," “undervalued,” or "normal."
Specifically, in downstate New York, both Suffolk and Nassau counties, as well as Westchester have been listed as being "overvalued," the report states. Other counties upstate also earned the distinction, while markets in the rest of the state have remain…
Fairfield County Ranks As 'Undervalued' For Home Prices, New Report Says
Homes in some regions in Connecticut are being considered “undervalued” amid the current housing bubble, according to a new Fortune Magazine report.
Fortune studied home price growth, which is wildly outpacing income growth across the country, with areas in Connecticut considered “overvalued" or “undervalued.”
Specifically, in Fairfield County, Bridgeport, Stamford, and Norwalk were considered undervalued.
Also undervalued for housing are Hartford, East Hartford, and Middletown, the report said.
New Haven County and Milford were rated as “normal,” with no other areas highlighted by the …
Massachusetts Home Prices Soar To New Heights
The price of buying a home in Massachusetts continues to soar, even as the country contends with the COVID-19 crisis.
The median sale price of a single-family home in March climbed to $485,000, according to a new report from the Massachusetts Association of Realtors (MAR), which has seen a rise in the number of houses being closed on.
Year-to-year, the $485,000 median price tag on a single-family home is up 16.9 percent from 2020, while the price of condos is up nearly 7 percent, to $459,450.
According to the report, the association reported that 3,385 single-family home sales closed in Ma…
New York Times Describes Mount Kisco As Affordable, Walkable, Multicultural
Unlike some nearby communities, Mount Kisco is ethnically diverse, having attracted immigrants from Italy, Ireland and, more recently, Latin America.
The bustling northern Westchester County village was profiled this week in The New York Times.
In the article titled, "Affordable, Walkable and Multicultural," the Times wrote: "Good schools, check. Train station no more than an hour’s commute from Manhattan, check. Proximity to parks and forests, check."
According to the Times, Mount Kisco’s housing stock serves a spectrum of income levels and stages of life.
Nearly h…
