CT Sees Big Gain in Home Values
Connecticut’s housing market saw a $43 billion gain in valuation year-over-year in July.
890-Bed Student Apartments Open in Storrs
A Georgia-based developer announced the opening of its latest development, an 890-bed, student-focused apartment complex in Storrs called “The Standard at Four Corners.”
East Lyme Bans Sizeable Developments Through 2029
A moratorium on sewer connections will effectively ban large development in East Lyme until 2029.
Bloomfield Church Wants to Add Affordable Housing
A Bloomfield nondenominational church has approached town officials with a plan to convert an auxiliary parking lot on its 40-acre property to 146 affordable homes and a daycare center.
PeoplesBank CEO Tom Senecal Announces Retirement
After 30 years at PeoplesBank, chairman and CEO Tom Senecal announced that he will retire at the end of 2025.
How the Fed Losing Its Independence Could Affect Your Everyday Life
President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank’s independence in decades.
CT Home Ownership Rate Below National Average
As the homeownership population across the United States has stopped growing, Connecticut’s rate is below the national average, according to a new report from Redfin.
Good Buyers Look Beyond Home Staging
House hunters who visit homes that look like they belong in Architectural Digest need to take a closer look. Those places have been staged to hide their flaws.
Where’s Fairfield County’s Luxury Market Headed?
Jason Mudd, the managing partner at Coldwell Banker-affiliated Cindy Raney & Team, is watching buyer demand slow down in the Fairfield County luxury market as economic uncertainty swirls.
Shelton Hotel Could Be Converted to 96 Apartments
A developer has filed plans with Shelton officials to convert a hotel just off Route 8 into apartments.
Newtown Senior Living Facility Bought by Two Mass. Investors
A pair of Massachusetts real estate firms say they are buying Newtown’s Church Hill Village assisted living and memory care community.
Fed Chair Powell Faces Fresh Threats to Independence Amid Potential Rate Cuts
Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands.
Gen-Z Struggling to Afford Housing Payments
Seven in 10 Gen Z and Millennial renters struggle to afford their regular housing payments, as do 41 percent of homeowners in that age group, according to a new report from Redfin.
261 Apartments Pitched in Stamford’s Waterside
Stamford businessman Leandro Rizzuto Jr., co-founder of personal care company Conair, wants to turn one of the company’s locations into hundreds of new homes.
Waiting for the Next Shoe to Drop in CRE
Over nearly three decades, Choyce Peterson has carved out a niche in Fairfield and Westchester counties as a full-service brokerage specializing in office sales and leasing. John P. Hannigan is one of the principals.
Review Your Homeowners Insurance Yearly
The beginning of hurricane season should serve as a reminder to homeowners in affected areas to make sure their homeowners insurance is up to date.
Thinking About a Heat Pump? What to Know Before Choosing
Federal incentives for home energy improvements are running out at the end of the year, so it’s decision time for anyone who has been thinking about a heat pump.
Foreclosure Activity Dips in CT
Foreclosure activity is increasing across the United States, and Connecticut is among the many states seeing activity.
Inflation or Jobs: Federal Reserve Divided Over Competing Concerns
One major question will be front and center for Federal Reserve policymakers as they prepare for an annual conference in Jackson, Wyoming next week and a crucial policy meeting in September: Which is a bigger problem for the economy right now, stubborn inflation or slower hiring?
Hartford Doubles Multifamily Permitting
While construction of multifamily housing units is on the decline nationwide, Hartford has seen some growth in the last year.
