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The hottest housing market of 2020
Amanda Fung
In the aftermath of COVID-19, many believed the housing market would stall as Americans feared making new investments in big-ticket items like homes during uncertain times. But since the spring, housing has been one of the few, if not only, bright spots in the economy. And this local market, in particular, has been revived during the outbreak.
Greenwich, Conn. is mostly known as the suburban enclave, within a 60-minute drive to New York City, for hedge fund managers and Wall Street executives. But when COVID-19 put the U.S. in lockdown, Americans in desperate need of more square feet to work from home and outdoor space started flocking to suburbs like Greenwich. And suddenly the tony town in Fairfield County became an option not just for the ultra-wealthy, even though the properties there aren t exactly cheap. Home prices and sales activity in Greenwich have soared at a record pace this year, making it thi ....

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