Industry News
Credit Scores Help Insurance Premiums, Not Just Mortgage Rates
By Lew Sichelman | December 5, 2025 | Reprints | Unlock LinkThe key to obtaining a lower mortgage rate is a good credit score. But new research has also found a direct link between credit scores and insurance premiums.
CT Housing Growth Bill Gets Two Cheers from Advocates
By Steve Adams | Commercial Record Staff | December 5, 2025 | Reprints | Unlock LinkFor the first time, Connecticut communities will be required to set targets for housing production and tackle the state’s affordability crisis by encouraging development.
PeoplesBank’s President Named to CT Bankers Association Board
By Sam Lattof | December 2, 2025 | Reprints | Unlock LinkThe Connecticut Bankers Association members unanimously elected the association’s officers and board members for the 2025-2026 term
Historic Riverfront Property Sold in East Haddam
By Steve Adams | Commercial Record Staff | December 2, 2025 | Reprints | Unlock LinkThe one-time summer estate of a Gilded Age swindler in East Haddam was acquired by a local investor for $2.03 million.
Members Approve CrossPoint Federal Credit Union Merger With Nutmeg State Financial Credit Union
By Sam Lattof | December 1, 2025 | Reprints | Unlock LinkMembers of CrossPoint Federal Credit Union have approved a merger with Nutmeg State Financial Credit Union.
New London Launches Vacant Storefront Task Force
November 25, 2025 | Reprints | Unlock LinkThe city of New London says it’s launching a new effort to tackle downtown retail vacancies with help from the Connecticut Main Street Center.
Fairfield County Luxury Market Among Nation’s Biggest Price Declines
By James Sanna | November 25, 2025 | Reprints | Unlock LinkThe luxury market in Connecticut’s toniest region is seeing one of the nation’s fastest drops in prices, according to a new Realtor.com analysis.
Price Cuts On Rise In New England
By Sam Lattof | November 24, 2025 | Reprints | Unlock LinkPrice cuts are on the rise throughout the nation, according to a new report from listings portal Zillow, and the Hartford area isn’t being spared.
Most Fed Officials Back Rate Cuts. Just Not Necessarily in December
By Christopher Rugaber | The Associated Press | November 24, 2025 | Reprints | Unlock LinkA majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts.
SmartMLS President Says CT Needs More Housing Legislation
By Sam Lattof | November 21, 2025 | Reprints | Unlock LinkThe Connecticut legislature just passed what was hoped to be a landmark housing legislation, but SmartMLS President Michael Barbaro says more can be done to address issues in the state’s housing market.
Not All CT Homes Holding Value
By Sam Lattof | November 21, 2025 | Reprints | Unlock LinkWhile homes are losing their values at a recent high, homes in Connecticut’s three main metro areas are retaining their value better than their counterparts across the country.
Real Estate Agents Balk at Negotiating Fees
By Lew Sichelman | November 20, 2025 | Reprints | Unlock LinkHomebuyers looking to pay their agents directly have found little success, according to a new consumer group study.
‘There Will Be a Lot More Office Sales’
By Steve Adams | Commercial Record Staff | November 20, 2025 | Reprints | Unlock LinkAs an investment sales broker, Jeff Dunne is bracing for a busy 2026. A growing pipeline of office properties are expected to hit the market, including many transactions driven by lenders seeking to minimize losses.
Mixed Q3 for Home Depot Signals Housing Uncertainty
By Michelle Chapman | The Associated Press | November 19, 2025 | Reprints | Unlock LinkHome Depot’s third-quarter was mixed with fewer violent storms reaching shore, more anxiety among U.S. consumers and a housing market that is in a deep funk.
CT Bank Regulator Moving Out of Constitution Plaza
By James Sanna | November 19, 2025 | Reprints | Unlock LinkThe troubled Constitution Plaza office development is losing another tenant: the state’s financial regulator.
Southington Century 21 Affiliate Acquires Third Florida Brokerage
November 18, 2025 | Reprints | Unlock LinkCentury 21 AllPoints Realty, a multi-state brokerage based in Southington and active in Connecticut, New York, Rhode Island, Massachusetts and Florida, announced its latest acquisition in the latter state.
Hartford Area Sees Influx of Out-of-Town Renters
By Sam Lattof | November 18, 2025 | Reprints | Unlock LinkBetween 2019 and today, Greater Hartford has seen a sizable uptick in the number of renters who’ve moved there from out of town.
New Listings, Inventory Rose in CT Last Month
By James Sanna | November 17, 2025 | Reprints | Unlock LinkThe number of homes for sale across Connecticut rose in October according to fresh data from SMART MLS, the statewide multiple listings service.
Major National Developer Names New CT-NY Lead
November 17, 2025 | Reprints | Unlock LinkOne of the nation’s major multifamily developers, Greystar, says it’s hired Chris Mazzola to head up new development in southwest Connecticut and the greater New York City area.
Few Changes in Real Estate Agent Fees
By Lew Sichelman | November 14, 2025 | Reprints | Unlock LinkThe supposedly “earthshaking” legal settlement that was supposed to drive down real estate commissions wasn’t so tumultuous after all.
