Heather Moore+FollowLuxury home rush in Newtown stuns marketToll Brothers just hit pause on sales at Newtown’s Lyondale Meadows after a jaw-dropping surge in demand—21 deposits in only a week, with buyers driving prices up to $2 million. These homes are going for nearly double the company’s regional average, yet buyers aren’t hesitating. This frenzy shows just how intense the appetite is for high-end homes in our area, even as prices soar. What do you think is fueling this luxury housing boom? Is it a sign of a strong local economy, or are we seeing a bubble in the making? #RealEstate #Newtown #LuxuryHomes00Share
Mrs. Jessica Morgan+FollowDeveloper’s bankruptcy battle shakes NewtownA $57 million loan default at the Covered Bridge apartments in Newtown has turned into a legal showdown, with the developer, Anthony Lucera, seeking personal protection from creditors. Residents and local businesses are watching closely as the outcome could set a new precedent for how much personal responsibility developers face when their companies go under. With millions owed to lenders and back taxes just settled, the future of the 180-unit complex—and who gets paid first—hangs in the balance. What do you think: Should personal assets be shielded when business debts pile up? #Business #Newtown #RealEstate00Share