Greenwich Real Estate Up 600%

By: Vanessa Arellano Doctor

A report conducted by the Greenwich Association of Realtors, titled "Greenwich Residential Housing Value Study," has revealed that the Connecticut community's real estate sector has boomed by a whopping 600% over the past 20 years.

The increase, which trumped the performances of the major indices, including the Dow Jones Industrial Average, provides proof that the Greenwich real estate industry offers money-making opportunities, which even the stock market cannot hold a candle to. Business experts recommend that real estate be part of any Greenwich resident's and business owner's investment portfolio.

Association president Carolyn Anderson attributes the boom to the fact that Greenwich houses some of the best coastal locations nearest New York City, high living standards, a great educational system, unparalleled realtor professionalism and expertise, and a host of other business and recreational come-ons that make it the haven of choice for many individuals, families, and enterprises.

Full details of the report will be presented on May 21, 2007 at the Bendheim Western Greenwich Civic Center.

Vanessa Arellano Doctor

Real Estate
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