Residential Real Estate
Connecticut’s Top Home Sales: July 27 – Aug. 2
By James Sanna | August 14, 2024 | Reprints | Unlock LinkThe five most expensive recent single-family and condominium sales in Connecticut.
Listing a Home? Get the Sellers to ‘Edit’
By Lew Sichelman | August 14, 2024 | Reprints | Unlock LinkPrice, location and condition all play a part in whether or not someone decides to buy your house. But a homeowner can only control one of them, and it’s not price or location.
Average Mortgage Rate Falls to Lowest Level in Over a Year
By Alex Veiga | The Associated Press | August 9, 2024 | Reprints | Unlock LinkThe average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost for prospective home shoppers and homeowners looking to refinance their home loan to a lower rate.
Connecticut Has Nation’s Fastest-Growing Home Values
By Sam Minton | August 8, 2024 | Reprints | Unlock LinkAccording to a new report, three Connecticut metros are among the fastest-growing in the country.
Connecticut’s Top Home Sales: July 20 – July 26
By James Sanna | August 7, 2024 | Reprints | Unlock LinkThe five most expensive recent single-family and condominium sales in Connecticut.
Overpriced Listings Become Stale
By Lew Sichelman | August 7, 2024 | Reprints | Unlock LinkRight now, according to Redfin, more houses have been on the market for 30 days or more than any other time in recent memory
Survey Finds Homebuyers Will Compromise on Safety, Natural Disasters
By Sam Minton | August 6, 2024 | Reprints | Unlock LinkWith costs continuing to rise, prospective homebuyers are making sacrifices to achieve home ownership.
US Homes Find Fewer Foreign Buyers Thanks to Strong Dollar
By Alex Veiga | The Associated Press | July 25, 2024 | Reprints | Unlock LinkSales of U.S. homes to Chinese, Canadian and other foreign buyers have fallen to the lowest level in more than a decade, hampered by a strong dollar and market hurdles.
CT Green Bank Wants Partners to Grow Home Energy Loans
By James Sanna | July 25, 2024 | Reprints | Unlock LinkAt the same time as Connecticut homeowners are turning to the huge stores of equity built up in their houses to fund renovation projects, the quasi-public CT Green Bank is trying to get more lenders to offer its successful loan product aimed at residential energy upgrades.
Consumer Protection Concerns Prompt Criteria for Buyer Representation Agreements
By Erin Delaney | July 17, 2024 | Reprints | Unlock LinkAfter causing a stir with sharp criticisms of existing buyer-broker representation agreements, the Consumer Federation of America has released its proposed for criteria brokers can use to make sure their contracts are fair.
Municipal Redevelopment Authority to Hold Inaugural Meeting
July 12, 2024 | Reprints | Unlock LinkThe board of directors of the Connecticut Municipal Redevelopment Authority will hold its inaugural meeting this morning.
Connecticut’s Top Home Sales: June 15 – June 21
July 3, 2024 | Reprints | Unlock LinkThe five most expensive recent single-family and condominium sales in Connecticut.
Casual Chitchat Can Cost You a Real Estate Deal
By Lew Sichelman | July 3, 2024 | Reprints | Unlock LinkLoose lips can not only sink ships, they can also scuttle real estate transactions. That applies to what home sellers say on social media as well as during a showing.
Lamont to Replant Over 180 Trees, Thousands of Bushes Cut Down Behind His House
By Susan Haigh | The Associated Press | July 1, 2024 | Reprints | Unlock LinkGov. Ned Lamont has been accused of removing the trees to get a better view of a pond, a charge he has denied. His attorney said it was a miscommunication between the governor and a landscaping company he hired.
12-Agent Stamford Brokerage Moves to Coldwell Banker
June 27, 2024 | Reprints | Unlock LinkA 20-year-old independent Stamford residential brokerage has affiliated with Coldwell Banker Realty.
Greater Hartford Short 13K Homes, Not Making Progress
By James Sanna | June 25, 2024 | Reprints | Unlock LinkA new estimate by housing economists at Zillow found that the Hartford metro area barely made a dent in its housing shortage last year.
Average Mortgage Ease to Lowest Level Since Early April
By Alex Veiga | The Associated Press | June 20, 2024 | Reprints | Unlock LinkYields have mostly eased recently following some economic data showing slower growth, which could help keep a lid on inflationary pressures and convince the Federal Reserve to begin lowering its main interest rate.
Home Sales Shrank Last Month as Listings Fall 14 Percent
By James Sanna | June 20, 2024 | Reprints | Unlock LinkThe number of single-family sales shrank slightly last month as the Connecticut housing market saw double-digit declines in numbers of both new and active listings.
SmartMLS Seeks to Join Commission Settlements
By James Sanna | June 18, 2024 | Reprints | Unlock LinkConnecticut’s statewide residential multiple listings service says it wants to adopt the agent commission rules laid out in the settlement for a high-profile antitrust lawsuit against the National Association of Realtors.
Connecticut’s Top Home Sales: May 25 – May 31
June 14, 2024 | Reprints | Unlock LinkThe five most expensive recent single-family and condominium sales in Connecticut.
