About Ridgefield's Rainbow Lake

The Rainbow Lake Expierience:

By Brad Kimmelman - Resident & Realtor

As a resident of Ridgefield Connecticut’s Rainbow Lake, it astounds me how my life has taken a turn that I could not have dreamed of before purchasing my home on Rainbow Lake. As soon as we put our heads to the pillow on our first night here, we were so sure that we had made the right decision. Upon waking up for the first time, taking the first sip of hot morning coffee, and staring out at the pair of swans followed by their cygnets, we knew we had found a very special place. The first season we experienced on the lake was Autumn.

The vibrant colored leaves falling gently on the water and ground was almost too breathtaking for words. Before the snow came, we were invited by the Lakes Association to the annual holiday party. What a joyous event to be introduced to a wide variety of people; artists, conservationists, attorneys, financiers, moms, dads and lots of dog owners. The one outstanding trait about our little lake, is that everyone seems to respect each other’s privacy, yet, gives a friendly wave as you walk or ride by. In the Summer, the members of the Lakes Association host a seasonal barbeque where neighbors can drop by Crescent Beach for a burger, beverage, conversation and to say hi to their friends and meet new ones. The children partake in activities ranging from tug o’ war and swim races, to potato sack hops.

Life on Rainbow Lake is the way life should be, but, most often isn’t. We are an easy commute to NYC, Danbury, Wilton, Stamford & Greenwich, but, when you’re home you feel like you’re on vacation. If you decide to live here, take pride in the fact that you have made a choice to reject the pressure to stay stressed in our all too busy Society. When you live on Rainbow Lake, you are part of a community of people who want nothing more than to enjoy the time they spend, and, relax at the place they call “Home”.

Ridgefield Real Estate Market Commentary

May brought us into Ridgefield’s Spring real estate selling season. We continue to see a decline in the number of closed transactions from the previous year, down by almost half compared to May, 2007 and down about 35% year-to-date. After a few months of decline, one measure of price levels, price-per-square-foot, has rebounded to $287 on average - back in line with historical levels of the past couple of years. . Buyers are still in control but they are generally taking a long time to make decisions and are most nervous about a market decline. Although sales are down, luckily Ridgefield has not experienced a huge erosion in property values mostly due to how desirable people find....

See additional charts and graphs and Read the entire post at Real Estate Chocolate:

Ridgefield, CT Real Estate Market Report: Home Sales June 2008

But to really understand what’s happening, we’ve got to mine this mountain of data for the nuggets that unlock the true essence of value in Ridgefield Real Estate.

Most markets are complicated. Ridgefield real estate is no different. But when properly armed with the best information, you will master the market, protect the value of your real estate assets and benefit from market insights that others just don’t have.

Read more: Ridgefield, CT Real Estate