June 18, 2021
Real Estate

Shelton enjoying real estate boom

SHELTON — A small town feel with all the benefits of a large city — combined with rock bottom tax rates — has turned Shelton into one of the state’s top residential destination locations over the past year.

CBRE, a Dallas-based commercial real estate services and investment firm, recently released its analysis of change-of-address notifications filed with the U.S. Postal Service which shows that in 2020, Connecticut received a greater share of new arrivals than Long Island and New York towns and villages spanning the lower Hudson River Valley.

Lower Fairfield County landed eight of the top 10 slots — with one belonging to Shelton — for net gains in newcomers in 2020 in New York and Connecticut, according to the CBRE data.

So why Shelton?

“The price is right,” Ben McGorty, a state representative in the 122nd District…

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