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Home Sales Down, Prices Up Along Fairfield County's Gold Coast
Home sales are down and prices are up along Fairfield County's Gold Coast due to a lack of inventory over the past few years.
The areas most affected by the challenges included Darien, New Canaan, and Rowayton markets, according to Houlihan Lawrence Real Estate Brokerage.
A report released on Tuesday, Jan. 9, said despite the sales decline, median sale prices increased in all three markets by nine percent on average, offering sellers favorable returns.
“Amidst the inventory scarcity, we continue to benefit from the diverse offerings of recreation, cultural amenities, and vibrant …
Wells Fargo To Pay States $575M To Resolve Customer Ripoff Claims: NJ, NY, CT Get $34M
Wells Fargo Bank has agreed to pay $575 million – including more than $34 million combined to New Jersey, New York and Connecticut – to settle charges that it engaged in a variety of sales, lending, and other improper business practices for more than a decade.
The bank also has agreed to pay more than $385 million to 850,000 auto finance customers who were wrongly charged premiums, interest, and fees for forced-place collateral protection insurance, even though they already had the coverage.
That includes payments to more than 51,000 customers whose cars were repossessed, according to the m…
