Realtors retain positive outlook

Area realtors expressed little concern about last week’s historic decline in global capital markets and largely agree it’s too soon to know what the impact will be.

“In times of economic uncertainty — whether driven by market volatility or global trade tensions — real estate remains one of the most reliable investments,” observed Elyse Harney Morris of Elyse Harney Real Estate. “Unlike the stock market, which can react instantly to news and speculation, real estate is grounded in tangible value, especially in regions like Litchfield County. We continue to see strong interest in existing homes, and the current market has not shown signs of slowing due to increased building costs. If anything, those higher costs have made move-in ready homes even more attractive. I believe we’ll continue to see people investing in properties here as a way to diversify their assets, secure a foothold outside the city and enjoy the lifestyle this beautiful area offers. In a shifting economic landscape, real estate up here isn’t just a safe harbor – it’s a smart move.”

One real estate broker largely confirmed Harney’s viewpoint.“It’s too early to tell. We remain in a high demand market … Properties priced properly are going under contract in fourteen days or less, in some cases, within the first two days of listing with multiple offers and closing above list price.”

Andrew Gates, a real estate agent with Houlihan & Lawrence in Millbrook commented, “No one can tell if the tariffs will have any direct effect on our local market, which as everyone knows is driven by demand from second home owners, largely based in New York City. However, if the stock market continues to correct to the downside, that is likely to put a chill on demand. Having said that, it’s always possible that if things feel unstable for any particular reason, people may seek a safe and secure refugee upstate. On the supply side, I’m renovating my fifth house … and have yet to see upward price pressure on building materials, but very tight availability of labor in the construction space remains an ongoing issue”.

More pessimistic brokers are concerned that buyers will walk away from already signed contracts or simply stop looking at the same time that potential sellers will wait and see what happens on Wall Street. John Harney of William Pitt Sotheby’s observed succinctly, “When there is uncertainty buyers stay on the sideline.” All agree that the direction of the local real estate market changes slowly and don’t anticipate an immediate change in our high demand real estate market.

Latest News

Local county legislators back resolution opposing Chester ICE facility

County Legislator Eric Alexander leads a meeting of the Dutchess County Legislature's Public Safety Committee on Wednesday, March 4. Alexander represents the towns of Amenia, Washington, the Village of Millbrook and a portion of the Town of Pleasant Valley

Photo by Aly Morrissey

POUGHKEEPSIE — The Dutchess County Legislature passed a resolution Monday, March 9, to oppose a proposed federal immigration detention center in neighboring Chester, New York. The legislature passed the resolution 20-0 with unanimous bipartisan support. Five legislators were absent.

The measure cites concerns about due process, transparency and potential regional impacts. Although it does not prevent the detention facility from being built, it is symbolic of Dutchess County’s opposition and outlines concerns about how the project could affect communities throughout the Hudson Valley.

Keep ReadingShow less
Rudd Pond Road closing Monday for bridge replacement

MILLERTON — A portion of Rudd Pond Road will be closed starting Monday, March 16, as Dutchess County Department of Public Works crews begin replacing the bridge over Webatuck Creek.

Rudd Pond Road will be closed between Boston Corners Road and Route 22 during construction. Drivers will be rerouted along Boston Corners Road and Route 22 to avoid the closure.

Keep ReadingShow less
google preferred source

Want more of our stories on Google? Click here to make us a Preferred Source.

From students to owners at New Milford’s award-winning dance studio
Elizabeth Frabizzio and Zoe Czerenda, once both students at FineLine, are now co-owners.
Provided

For Elizabeth Frabizzio and Zoe Czerenda, the studios at FineLine Theatre Arts in New Milford, Connecticut hold a lifetime of memories. Both women grew up there, first as students, then as young teachers. Last September, they became the studio’s new owners.

The studio was founded in 2006 by Broadway veterans Elizabeth Parkinson and Scott Wise. Parkinson, a former principal with the Joffrey Ballet, and Wise, a Tony Award winner for “Jerome Robbins’ Broadway,” built the school on professional-level training paired with a strong sense of community. As they prepared to step back from running the school, they didn’t look far for successors. In September 2025, they handed the studio keys to two dancers who had come up through its ranks.

Keep ReadingShow less
Lenore Mallett builds community at the Colonial

On any given day in Salisbury or Lakeville, you might spot Lenore Mallett picking up dinner at LaBonne’s supermarket or chatting with neighbors. What many may not realize is that this same neighbor helping people find plumbers, foster dogs — even future spouses — is also helping revive the historic Colonial Theatre in North Canaan and quietly shaping community life across the Litchfield Hills.

Mallett is one of the driving forces behind the restoration and reopening of the more than 100-year-old Colonial Theatre, which she and members of the Fiorillo family purchased, renovated and reopened in 2023 as a community cultural hub serving North Canaan and the surrounding region.

Keep ReadingShow less
The Mozarts you don’t know at the Mahaiwe

Wolfgang Amadeus Mozart

Provided

For centuries, Wolfgang Amadeus Mozart has overshadowed nearly everyone in classical music, including the talented musicians in his own family: his father Leopold, his sister Maria Anna Mozart and his son Franz Xaver Wolfgang Mozart who were all prolific composers and musicians in their own right.

On March 15, Great Barrington’s Mahaiwe Theater will explore the legacy of Mozart with its “Meet the Mozarts” concert. It’s mostly Amadeus — a quartet will perform the maestro’s “Piano Trio in B-flat, KV 502” and “Quartet in G minor, KV 478” — but the evening will feature works from both the elder and younger Mozarts.

Keep ReadingShow less
google preferred source

Want more of our stories on Google? Click here to make us a Preferred Source.

google preferred source

Want more of our stories on Google? Click here to make us a Preferred Source.