Industry News
Don’t Dismiss Lowball Offers
By Lew Sichelman | October 23, 2025 | Reprints | Unlock LinkYou’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
By Steve Adams | Commercial Record Staff | October 23, 2025 | Reprints | Unlock LinkThe 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.
Deal Inked for Women’s Pro Soccer Team, if Bridgeport Stadium Arrives
By James Sanna | October 22, 2025 | Reprints | Unlock LinkConnecticut Sports Group announce Wednesday that it’s reached a deal to launch a minor-league women’s professional soccer team in the state.
Brown Harris Stevens Exec Named CT Realtor of the Year
October 22, 2025 | Reprints | Unlock LinkThe office leader in a Greenwich luxury brokerage has been named Connecticut’s Realtor of the Year.
Regional Banks’ Bad Loans Spark Concern on Wall Street
By Ken Sweet | The Associated Press | October 21, 2025 | Reprints | Unlock LinkWall Street is concerned about the health of the nation’s regional banks, after a few of them wrote off bad loans to commercial customers in the last two weeks.
Home-Sellers’ Profit Margins in New England Vary
By Sam Lattof | October 21, 2025 | Reprints | Unlock LinkWhen it comes to profiting off home sales in New England, results may vary.
Wall Street Banks See Big Jump in Profits
By Ken Sweet | The Associated Press | October 17, 2025 | Reprints | Unlock LinkWall Street had one of its most profitable quarters ever, if the earnings from four of nation’s biggest banks that reported Tuesday are to be believed.
Rents Up, Landlord Power Steady in CT Apartment Markets
By James Sanna | October 17, 2025 | Reprints | Unlock LinkEven as landlords are losing market power nationally amid a new wave of apartment deliveries, those in Connecticut’s metros appear to be holding the line.
How Homeowners and Buyers Can Weather the Government Shutdown
By Lew Sichelman | October 16, 2025 | Reprints | Unlock LinkExperts are weighing in on how the standoff over health insurance subsidies affects renters and homeowners.
A Branch for Today’s Bankers
By Sam Lattof | October 16, 2025 | Reprints | Unlock LinkOriginally opened in 2007, Thomaston Savings Bank’s remodeled Middlebury branch reflects how Thomaston Savings does business today, Executive Vice President and COO Timothy Bergstrom says.
Zillo Expands Renter Credit-Building Service
By Sam Lattof | October 15, 2025 | Reprints | Unlock LinkA new deal with software company Esusu will let Zillow offer renters direct-to-consumer credit reporting.
When Should Buyers Demand Repairs, or Seek Credits?
By Lew Sichelman | October 9, 2025 | Reprints | Unlock LinkThere comes a time in most house sales when the buyer and seller have to decide who will pay for any necessary repairs. As with all real estate matters, it depends.
Raising the Bar for Senior Living
By Steve Adams | Commercial Record Staff | October 9, 2025 | Reprints | Unlock LinkUnder co-CEO Shane Herlet, Westport-based Maplewood Senior Living is betting on hospitality-level living standards.
Thomaston Savings Renovates Middlebury Branch
October 8, 2025 | Reprints | Unlock LinkThomaston Savings Bank announced it hosted a ribbon cutting ceremony for the grand reopening of their newly remodeled branch located at 1655 Straits Turnpike in Middlebury.
All-Cash Home Sales Post Modest Decline in CT
By Sam Lattof | October 8, 2025 | Reprints | Unlock LinkWhile nearly 1 in 3 homes in Connecticut were bought with cash in the first half of this year, these types of deals are on the decline – slightly.
Wallingford Industrial Property Sells for $1.7M
October 6, 2025 | Reprints | Unlock LinkA Wallingford industrial building has traded hands to an LLC registered to a Stonington residential address.
Torrington Savings Bank Promotes Top Lending Exec
October 6, 2025 | Reprints | Unlock LinkTorrington Savings Bank announced last week it’s promoted Michael Sweeney to chief commercial lending officer.
$80M New Canaan Development Picks Sales Brokerage
By James Sanna | October 3, 2025 | Reprints | Unlock LinkThe developer of a new luxury development in New Canaan picked a William Pitt Sotheby’s International Realty team to market its units.
Fairfield County Affordable Housing Buildings Sell for $40M
By James Sanna | October 3, 2025 | Reprints | Unlock LinkThe owner of a pair of affordable housing buildings, one in Danbury and the other in Norwalk, sold the two assets this week for nearly $40 million.
Price Cuts A-Plenty in New-Home Market
By Lew Sichelman | October 2, 2025 | Reprints | Unlock LinkHomebuilders are going to great lengths these days to move product. Many are still offering exceptional deals, especially on homes that are move-in ready.
