Excerpt from: Eastern CT Real Estate
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| March 17, 2009 | | What would you buy with a million dollars? | Picture this. You just won a million dollars. There is one catch. In order to stimulate the economy you have to spend the money on a home within 30 days. (Seriously, this would probably do more good for the economy than a few of the earmarks I've read about but I'll leave that discussion to the political bloggers.)
So what could you buy for a million bucks in New London County? The good news is you will have plenty to choose from. There are currently 81 homes for sale in New London County listed for over one million dollars, 29 in Stonington alone. Even better news for you is that as a buyer, you won't have much competition. Only 25 homes sold for over a million dollars in 2008, and only 4 have closed in 2009, 2 in Groton and 2 in Stonington. As a bonus, due to your good fortune, you will become very popular with sellers and real estate agents. Pick me. Pick me. | | | |
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