Stamford Fintech Raises $6M for Home Sale Lending Business
A Stamford fintech says it’s raised venture funding to expand its business lending to homeowners trying to find ways to prep their properties for sale.
Danbury Apartments Fetch $152M
A large apartment complex in Danbury, near the New York state line, fetched $151.75 million last month.
An Untimely Death Changes Everything
What happens when the person buying your house dies before the closing date? Or when your tenant passes away mid-lease?
A Factory Town Lays Foundations for Reinvented Downtown
Naugatuck’s industrial past is reflected in street names such as Rubber Avenue that evoke its heyday as a manufacturing hub.
Banks, Retailers Run Short on Pennies as Mint Ceases Production
President Donald Trump’s decision to stop producing the penny earlier this year is starting to have real implications for the nation’s commerce.
232 Apartments Pitched for Manchester Parkade
A development team took the wraps off its plans for a big multifamily development in the middle of Manchester on Monday.
Americans Moving at Lowest Level in Decades
The number of U.S. homes that typically change hands as people relocate for work, retire or trade-up for more living space hasn’t been this low in nearly 30 years.
Seven-Building Plans Filed for Bristol Ex-Brownfield
Carrier Construction Company has filed for the first of several city approvals in its effort to repurpose a once-contaminated, 14-acre site in Bristol.
Parent Company of BankHometown Acquires Mass.-Based Bank
Hometown Financial Group, parent company of bankHometown, has completed its acquisition of Colonial Federal Savings Bank.
Fiserv Slashes Guidance, Shuffles Leadership After Big Earnings Miss
Fiserv shares careened to their lowest level in more than five years last week after the fintech payment company badly missed Wall Street’s profit targets.
Maryland Investor Buys New Haven Apartments for $57M
Silver Spring, Maryland-based investor HH Group announced it’s bought a 10-year-old downtown New Haven building from its second owner.
Connecticut Home Sales Slowed Down in September
Statewide, year-to-date, the number of single-family homes dropped by 5.3 percent year-over-year according to new data.
How to Save on Selling Expenses
If you think it costs a bundle to buy a house – what with a down payment and all – wait till you learn what it costs to sell one: more than $67,000, on average.
Navigating a Seller’s Market
With a lack of inventory, Greenwich is a seller’s market like much of Connecticut. But Bryan Tunney, the Connecticut Realtor of the Year, thinks a potential change in the capital gains tax could help get much-needed homes onto the market.
Danbury Apartments’ Sale Sets High Water Mark
In the biggest-ticket real estate transaction in the city’s history, a Danbury apartment complex was acquired by San Francisco-based FPA Multifamily.
Housing Development Begins Near New Naugatuck Station
Construction has begun on a 60-unit mixed-income apartment complex in a partnership between two developers in Naugatuck.
Two Merritt 7 Office Buildings Slated for Resi Conversion
The developers’ application calls the 1.4 million square feet of office space in the six-building Merritt 7 complex “unsustainable.”
New Data Shows How Infrequently CT Moves
Connecticut residents move homes at very low rates thanks to the state’s high housing prices, according to a new analysis.
Don’t Dismiss Lowball Offers
You’ve finally gotten an offer on your house. But it’s ridiculously low – tens of thousands under your asking price. So, what do you do?
Amid Recent Building Boom, New Haven Sees Achilles Heel
The city has won plaudits from housing advocates for the rapid recent pace of its multifamily development. But while big projects sail through, smaller ones face lengthy permitting processes.
