Greenwich Market Watch
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CLARK: Knowledge & Vigilance Save Dollars

The U.S. economy is showing strength — new single-family home sales rebounded in July and consumer confidence increased the highest in seven months.

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July Real Estate Market Statistics

The Greenwich market statistics are out for July. The amount of current inventory for condominium (includes town homes and co-op’s) sales is down 11 % when compared to July of last year.

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CLARK: Interest rates

Last week the Labor Department reported 215,000 jobs were added last month and the unemployment rate remains at 5.3%.

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CLARK: Real estate trends

RealtyTrac recently reported that 24.6% of single-family home and condo sales in May were cash transactions.

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