Residential Real Estate
Hartford Remains Sellers Markets Despite Nationwide Shift
By Sam Minton | February 19, 2025 | Reprints | Unlock LinkWhile 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
By Sam Minton | February 13, 2025 | Reprints | Unlock LinkProspective 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.
Hartford, Norwich Lead Nation’s Hottest Housing Markets
By Sam Minton | February 11, 2025 | Reprints | Unlock LinkThe New England housing market is heating up to begin the year, and two of Connecticut’s metro areas are leading the pack.
More Homes Come with HOA Dues
By Lew Sichelman | February 7, 2025 | Reprints | Unlock LinkNearly two-thirds of all single-family houses started in 2023 were within HOA-governed properties. And fees those associations collect are rising.
Realtor Leader Previews CT’s 2025 Market
By Sam Minton | February 7, 2025 | Reprints | Unlock LinkSteven Miller has recently begun his term as the 2025 president of CT Realtors, and takes a look at what the housing market might look like during his term.
Nationwide January Listings Bump Just Barely Touches CT
By Sam Minton | February 3, 2025 | Reprints | Unlock LinkThe 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
By Lew Sichelman | January 31, 2025 | Reprints | Unlock LinkHurricanes, 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.
CT Home Sellers Among Top Profit-Makers in Nation
By Sam Minton | January 28, 2025 | Reprints | Unlock LinkHome sellers in two Connecticut metros were among those enjoying the highest annual increases in gross profits in the United States this past year, and it’s partly because they’ve held onto their homes the longest.
Price It Right from the Start: Three Strategies to Avoid Costly Listing Pitfalls
By Bernice Ross | Special To Commercial Record | January 24, 2025 | Reprints | Unlock LinkDue to persistent high interest rates and lack of inventory, buyers are still sitting on the sidelines. As a result, it’s more important than ever to price your listings correctly right from the start.
Flood Insurance Is Getting More Affordable
By Lew Sichelman | January 24, 2025 | Reprints | Unlock LinkThe National Flood Insurance Program is working on allowing policyholders to pay their premiums on a monthly basis. Previously, premiums could only be paid annually.
Lamont Pitches Real Estate Changes to Protect Against Floods
By James Sanna | January 22, 2025 | Reprints | Unlock LinkWith 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
By Sam Minton | January 16, 2025 | Reprints | Unlock LinkWith 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
By Sam Minton | January 13, 2025 | Reprints | Unlock LinkThe 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
By Lew Sichelman | January 10, 2025 | Reprints | Unlock LinkMassive, 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
By James Sanna | January 8, 2025 | Reprints | Unlock LinkA 10-agent team has jumped from one brokerage brand to another in central Connecticut.
New CT Realtors President Takes the Reins
January 7, 2025 | Reprints | Unlock LinkSteven 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
By Sam Minton | January 7, 2025 | Reprints | Unlock LinkWhile 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
By James Sanna | January 3, 2025 | Reprints | Unlock LinkA 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
By Paul Wiseman | The Associated Press | January 2, 2025 | Reprints | Unlock LinkThe 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
December 24, 2024 | Reprints | Unlock LinkA new analysis of data found that New Haven homeowners are among the most burdened by tax and insurance payments in the country.
