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Cabin Fever: When It’s Hot, It’s Hot

Posted by Lucy on 03/27/2024

“If you didn’t make money in 2020, then maybe real estate is not the right business for you,” says Graham Klemm of Klemm Real Estate who specializes in selling country properties and luxurious estates in northwestern Connecticut and nearby New York State.
Klemm Real Estate has five area offices covering the region.
Klemm said 2020 was the best of the best for the always strong Litchfield County real estate market. “It’s not just COVID,” that is driving the urban buyer, he said. “Interest rates are at 3 percent—if they were at 10 percent we could not be having these sales—and technology now makes it possible for people to work from home. Those factors account for half the sales.”

Read the article in Berkshire Style, March 27, 2024

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