|Categories||Real Estate & Home Design|
“Affordable” is a relative term, especially when it comes to real estate.
And especially in Greenwich.
But as the housing crisis shook up the local market, options have begun to emerge allowing people to get a foothold in a town known more for its multimillion-dollar estates.
In 2009, the segment of the single-family home market that saw the biggest growth in sales was priced between $400,000 and $600,000 — 37 sold in that price range, up from 24 in 2008, according to figures recently released by Riverside-based Shore & Country Properties. At the same time, overall sales saw a 20 percent decline.
“We’ve never been known for that price range,” said Nancy Healy, a partner and president of Shore & Country.
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