Holding Communities Responsible for Exclusionary Zoning
By Steve Adams | Commercial Record Staff | November 24, 2022 | Reprints | Unlock Link 
The Connecticut Open Communities Alliance is committed to breaking down barriers to housing access that contribute to economic inequity. Erin Boggs leads the Hartford-based organization, which filed a lawsuit in August alleging that the town of Woodbridge’s zoning violates the Connecticut Fair Housing Act and state Constitution.
Investor Home Purchases Drop 30 Percent
By James Sanna | November 23, 2022 | Reprints | Unlock Link
Investors are getting out of the housing market even faster than buyers can be pushed out by rising interest rates, according to a new Redfin study.
New London Apartments Set to Begin Pre-Leasing
By Steve Adams | Commercial Record Staff | November 22, 2022 | Reprints | Unlock Link
A new 203-unit apartment complex in New London’s Fort Trumbull neighborhood is set to begin pre-leasing this winter as construction crews marked a milestone in construction at a recent topping-off ceremony.
Survey: Buyers Research Cars, Vacations More than Their Mortgage
November 21, 2022 | Reprints | Unlock Link
Most homebuyers spend about as much time researching their next television purchase as they do their mortgage lender, compounding mortgage lenders’ struggles standing out from their competitors.
Suspect Arrested in I-91 Bank Robberies
December 2, 2022 | Reprints | Unlock Link
A suspect in more than a dozen bank and credit union robberies in several New England states near the Interstate 91 corridor was arrested yesterday in connection with one of the robberies.
Mortgage Rates Dip for Third Week in a Row
By Matt Ott | The Associated Press | December 2, 2022 | Reprints | Unlock Link
The average long-term U.S. mortgage rate ticked down for the third week in a row and have fallen more than a half-point since hitting a 20-year high less than a month ago.
Major CT Industrial REIT Gets Takeover Bid
December 1, 2022 | Reprints | Unlock Link
Indus, a New York City-based real estate investment trust with major investments in and around central Connecticut, is being eyed for purchase by one of its investors.
Liberty Bank Invests in Community Solar Projects
December 1, 2022 | Reprints | Unlock Link
Middletown-based Liberty Bank has invested $2.5 million in a pool of funds to finance community-based solar projects across the United States.
Powell: Fed to Keep Rates Higher for Longer to Cut Inflation
By Christopher Rugaber | The Associated Press | December 1, 2022 | Reprints | Unlock Link
The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell said Wednesday, and economic data reported Thursday suggests the Fed will have little reason to pull back soon.
