by James Sanna | Apr 11, 2025 | Commercial & Industrial, CR Daily, Industry News
It’s a real come-down for the prestige of 595 Westport Ave. in Norwalk, but a developer’s plan to convert the office-and-factory property to self-storage units will keep it active.
by Steve Adams | Apr 10, 2025 | Commercial & Industrial, CR Daily, Industry News
As expected, the 220 Middlesex Turnpike parcel’s size and location have generated interest from multiple developers. But it’s the property’s connection to an early 1970s horror movie that’s adding an extra layer of interest in the pending sale.
by Lew Sichelman | Apr 10, 2025 | CR Daily, Industry News, Residential Real Estate
The allure of selling your home on your own, without hiring a real estate professional, is indeed a tempting one. After all, who doesn’t want to put thousands of dollars more into their pockets by foregoing that hefty 5 percent to 6 percent commission?
by The Associated Press | Apr 8, 2025 | Banking & Lending, CR Daily, Industry News
Should the tariffs remain in place for an extended period, they will likely raise costs and uncertainty for businesses, which could reduce their willingness to hire, invest or expand.
by Sam Lattof | Apr 8, 2025 | CR Daily, Industry News, Residential Real Estate
Greater Hartford has been named one of the top places to sell this spring according to a new report from Zillow.
by James Sanna | Apr 7, 2025 | Commercial & Industrial, CR Daily, Industry News
A three-quarter-acre parcel across the river from downtown Norwalk has traded hands for $1.8 million.
by Sam Lattof | Apr 7, 2025 | Banking & Lending, CR Daily, Industry News
As the national economy inched its way towards a soft landing last year, consumers’ satisfaction with their banks grew.
by Sam Lattof | Apr 4, 2025 | Banking & Lending, Digital Edition, Industry News
Off-MLS listings appear to generate lower sale prices than publicly listed ones in majority-minority neighborhoods, according to new research from Zillow.
by The Associated Press | Apr 4, 2025 | Banking & Lending, CR Daily, Industry News
Fed Chair Jerome Powell’s focus on the potential for more inflation suggests that the central bank will likely keep its benchmark interest rate unchanged at about 4.3 percent in the coming months.
by Lew Sichelman | Apr 3, 2025 | CR Daily, Industry News, Opinion, Residential Real Estate
Which would you rather pay a real estate agent to help you sell your $450,000 house: a 6 percent sales commission or $27,000? They’re exactly the same amounts, of course, but one sounds a lot less.
by Sam Lattof | Apr 3, 2025 | Banking & Lending, CR Daily, Industry News
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.
by The Associated Press | Apr 2, 2025 | Banking & Lending, CR Daily, Industry News
Questions will still swirl around trade and tariffs for months to come, economists say. And more tariffs are in the pipeline and could target specific industries like lumber.
by The Commercial Record | Apr 2, 2025 | CR Daily, Industry News, Residential Real Estate
The state of Connecticut is dropping $30 million on a trio of programs to boost homeownership in the state. Gov. Ned Lamont announced the launch of CT Home Funds on Tuesday.
by Sam Lattof | Apr 1, 2025 | CR Daily, Industry News, Residential Real Estate
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.
by James Sanna | Mar 31, 2025 | Commercial & Industrial, CR Daily, Industry News
Hartford parking magnate Alan Lazkowski has sold a West Hartford multifamily property to a pair of investors.
by The Associated Press | Mar 31, 2025 | Banking & Lending, CR Daily, Industry News
The mortgage company Rocket is buying competitor Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after acquiring real estate listing company Redfin.
by The Commercial Record | Mar 28, 2025 | CR Daily, Industry News, People, Residential Real Estate
William Pitt Sotheby’s International Realty announced Thursday that it was naming a leader from rival brokerages to head its New Haven-area offices.
by The Associated Press | Mar 28, 2025 | Banking & Lending, CR Daily, Industry News, Residential Real Estate
Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed.
by Lew Sichelman | Mar 27, 2025 | CR Daily, Industry News, Opinion, Residential Real Estate
In the market for a newly constructed house? You might want to hurry. Soon, new homes are likely to cost more and take longer to build.
by Steve Adams | Mar 27, 2025 | Commercial & Industrial, CR Daily, In Person, Industry News
After studying psychology in college, Katherine Berger pursued architecture as a career but never lost her fascination with human behavior and its implications, which she now deploys as director of interior design at New Haven-based architects Svigals + Partners.