My friend put a house up last Friday. Within 12 hours, by Monday morning, he had 90 offers. "I don’t think it’s normal. I don’t think it’s good. I know it’s not good for New York City." Real estate booms in Connecticut as wealthy NYers rush to buy homes thanks to 'Mamdani Effect'
If you want to own land and build your own home, look into a USDA construction loan. A USDA construction loan can finance the land, build your home, and serve as a longtime mortgage. Plus, there’s no down payment required and only one set of closing costs.
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