Residential Real Estate
Presidential Plans Raise Anxiety in Housing Sector
By Lew Sichelman | March 27, 2025 | Reprints | Unlock LinkIn the market for a newly constructed house? You might want to hurry. Soon, new homes are likely to cost more and take longer to build.

Hartford Home-Flippers See Second-Biggest ROI Decrease in 2024
By James Sanna | March 26, 2025 | Reprints | Unlock LinkAnyone who’s in the business of renovating and selling homes in the area around Connecticut’s capital city didn’t have a great year in 2024, at least compared to their peers.

NAR Keeps Pocket Listing Policy, Adds New Wrinkle
By Sam Minton | March 25, 2025 | Reprints | Unlock LinkThe National Association of Realtors’ anti-pocket listing policy is here to stay, the trade group announced Tuesday morning. But it’s got new options.

New England Continues to See Inventory Drop
By Sam Minton | March 17, 2025 | Reprints | Unlock LinkHeading into the spring home-sales market, inventory in New England’s biggest metro areas had fallen even further behind last year.

Hartford Tops List of Nation’s Hottest Housing Markets
By Sam Minton | March 10, 2025 | Reprints | Unlock LinkNew England boasts some of the hottest markets in the nation according to a new report from Realtor.com.

EXp CEO Expects US Home Sales to Rise in Buyer-Friendly Market
By Alex Veiga | The Associated Press | March 6, 2025 | Reprints | Unlock LinkLeo Pareja, CEO of real estate brokerage eXp Realty, thinks home shoppers in places like Florida and Texas will have leverage when it comes time to negotiate with sellers.

In-Law Unit Builder Launches in Norwalk
By James Sanna | March 4, 2025 | Reprints | Unlock LinkA new company, based in Norwalk, hopes to help Connecticut homeowners house family members and make some money off their houses – by adding accessory dwelling units.

While Competition Was Fierce in 2024, CT Luxury Market Faced Challenges
By Sam Minton | February 28, 2025 | Reprints | Unlock LinkLow inventory levels, changing buyer demographics and a year of climate change-driven extreme weather pulled market trends this way and that.

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.