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.
Nationwide January Listings Bump Just Barely Touches CT
The local residential real estate market is getting a slight boost according to a new report from Realtor.com, but not much of one.
Finding Money to Rebuild After Disasters
Hurricanes, fires, floods: If you’re struck by one of these disasters, you’re going to need money. The good news is that there are numerous financial resources available.
Lamont Pitches Real Estate Changes to Protect Against Floods
With severe weather becoming a much bigger risk in Connecticut, Gov. Ned Lamont announced he’s proposing legislative changes to adapt the state’s real estate markets and planning practices.
Home Remodeling Activity Expected to Tick Upwards in 2025
With a stronger economy, among other things, boosting consumer confidence, the outlook for home remodeling activity appears to be improving.
Typical CT Starter Home Cost Surges 48 Percent
The income required to afford a starter home across the nation has risen significantly since 2019.
Homebuyers’ Student Debt Issues Can Be Solved. Here’s Where to Start
Massive, often insurmountable amounts of student debt have prevented millions of otherwise qualified borrowers from obtaining financing to buy a house.
Ex-BHHS CRE Team Joins Century 21 in Wethersfield
A 10-agent team has jumped from one brokerage brand to another in central Connecticut.
New CT Realtors President Takes the Reins
Steven Miller, a Realtor in Coldwell Banker’s North Haven office, has begun his one-year term as the 2025 president of CT Realtors.
Southern New England Metros Outpace Boston in Zillow’s Hottest Markets of 2025
While Greater Boston jumped 10 spots in Zillow’s hottest markets rankings compared to 2024, the market was still outpaced by the likes of Hartford and Providence, Rhode Island.
Michigan Mortgage Lender Hit with $50K Fine by CT Regulator
A Michigan mortgage lender paid a $50,000 fine to the Connecticut Department of Banking and has agreed to stop doing business in the state after breaking state lending laws.
Average Mortgage Rate Now Highest Since July
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages.
Report: New Haven Borrowers Paying More for Insurance and Taxes than Home’s Cost
A new analysis of data found that New Haven homeowners are among the most burdened by tax and insurance payments in the country.
Tough Housing Market Forces Container Store Into Bankruptcy
The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to the 1970s grapples with mounting losses and cash flow shortages.
Four CT Cities Make List of 2024’s Top Markets
According to a new ranking by listings portal Zillow, Connecticut has four of nation’s 10 most-trafficked local housing markets of 2024.
Home Depot Overcomes Slow Start to Year, Rising Home Prices
Home Depot’s first-quarter sales improved despite a slow spring start and the home improvement chain raised its full-year guidance despite a cooling housing market that had helped power its profits during the pandemic.
Powell: ‘Soft’ Economic Landing May Be Out of Fed’s Control
Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the day, acknowledged for the first time Thursday that high inflation and economic weakness overseas could thwart his efforts to avoid causing a recession.
Small Businesses Still Struggle to Find Enough Workers
Some small businesses are still struggling to hire qualified workers, even as Americans return to the U.S. job market in droves.
US Economy Shrank by 1.4 Percent in Q1 But Consumers Kept Spending
The U.S. economy shrank last quarter for the first time since the pandemic recession struck two years ago, contracting at a 1.4 percent annual rate, but consumers and businesses kept spending in a sign of underlying resilience.
