Multifamily Construction Up in CT’s Biggest Metros
Fairfield County and the Hartford area are both seeing more housing construction than before the pandemic.
Webster Bank Preparing for Possible Recession
Webster Bank executives say the bank is preparing for a potential recession as it strengthened its allowance for loan losses in the first quarter.
Berkshire Bank Sees Net Income Growth to Start 2025
Even with some economic turmoil to start the year, Berkshire Bank had a successful first quarter, seeing deposit and income growth.
As Spring Housing Market Opens, Optimism Despite Economic Jitters
Tariff fears might be overshadowing the start of this year’s spring homebuying season, but demand will remain high in Connecticut due to a lack of inventory, market-watchers say.
Redfin Joins Zillow in Not Featuring Delayed Listings
Now, two of the big four listing portals say they won’t feature delayed marketing listings under changes to NAR’s pocket listings policy.
M&T Ups Ratio of Money Set Aside for Troubled Loans
The bank still reduced the amount of money it’s set aside for loans going bad last quarter while also seeing both loans and deposits take a dip.
Hartford Named Top Place to Sell This Spring
Greater Hartford has been named one of the top places to sell this spring according to a new report from Zillow.
New England Banks Top J.D. Power Satisfaction Rankings
As the national economy inched its way towards a soft landing last year, consumers’ satisfaction with their banks grew.
Zillow Data: Off-Market Listings Fared Worse in Diverse Neighborhoods
Off-MLS listings appear to generate lower sale prices than publicly listed ones in majority-minority neighborhoods, according to new research from Zillow.
The Story Behind a Bank Rebrand
Guilford Savings Bank is rebranding to Ascend Bank in the third quarter of 2025. The bank continues to grow, including its recent merger with Eastern Connecticut Savings Bank that will turn it into a $1.4 billion-asset bank.
Over-Asking Price Home Sales Drop Across CT
While homebuyer competition is increasing across the United States, the share of homes selling for above asking price in three of Connecticut’s four major housing markets dropped year-over-year.
NAR Keeps Pocket Listing Policy, Adds New Wrinkle
The National Association of Realtors’ anti-pocket listing policy is here to stay, the trade group announced Tuesday morning. But it’s got new options.
Greater Hartford Adding New Housing Far Faster than Nation
Nationally there’s a noteworthy downturn in multifamily construction. In the Hartford area, new data suggests just the opposite.
CT Banks Winning Bigger Slice of CRE Pie
In a year that saw banks take up a larger chunk of the commercial real estate lending pool, local and regional banks were among the top CRE lenders in Connecticut.
New England Continues to See Inventory Drop
Heading into the spring home-sales market, inventory in New England’s biggest metro areas had fallen even further behind last year.
Hartford Tops List of Nation’s Hottest Housing Markets
New England boasts some of the hottest markets in the nation according to a new report from Realtor.com.
While Competition Was Fierce in 2024, CT Luxury Market Faced Challenges
Low inventory levels, changing buyer demographics and a year of climate change-driven extreme weather pulled market trends this way and that.
Guilford Savings Bank Rebrands as ‘Ascend Bank’ After 150 Years
The move comes as GSB seeks approval for a merger, with an eye towards ultimately becoming a statewide bank.
Hartford Remains Sellers Markets Despite Nationwide Shift
While nationwide the market is shifting towards buyers, in New England sellers still have the upper hand due to a lack of inventory.
Nationwide Price Cuts Increase, But Not in CT
Prospective homebuyers are getting some relief amid high interest rates as price cuts are becoming more common nationwide. But the trend doesn’t appear to be affecting New England.
