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Conn. Home Prices Far Outstrip First-Time Buyers’ Pay

Conn. Home Prices Far Outstrip First-Time Buyers’ Pay

by James Sanna | Jun 27, 2022 | CR Daily, Industry News, Residential Real Estate

In each of Connecticut’s three biggest metro areas, home prices have risen so far not only is renting far cheaper than buying the median home, that home is out of reach of the majority of buyers.

Remodeling Demand Looks Bright. Thank High Home Prices?

Remodeling Demand Looks Bright. Thank High Home Prices?

by James Sanna | Jul 19, 2021 | CR Daily, Industry News, Residential Real Estate

Homeowners are poised to continue spending more on home improvement and maintenance projects through mid-2022, a new report from Harvard University housing researchers says.

Remodeling Upturn Expected to Last into 2022

Remodeling Upturn Expected to Last into 2022

by The Commercial Record | Apr 16, 2021 | CR Daily, Industry News, Residential Real Estate

Growth in improvement and repair expenditures to owner-occupied homes is expected to remain solid throughout the year and into 2022 according to a new study.

Stronger Growth Predicted in Remodeling Sector

Stronger Growth Predicted in Remodeling Sector

by The Commercial Record | Jan 25, 2021 | CR Daily, Industry News, Residential Real Estate

Homebuilders and remodelers can expect their businesses to grow modestly this year, according to a new estimate by Harvard University housing researchers.

Pandemic, Segregation Show Need for National Housing Agenda, Harvard Researchers Say

Pandemic, Segregation Show Need for National Housing Agenda, Harvard Researchers Say

by The Commercial Record | Nov 19, 2020 | Coronavirus, CR Daily, Industry News, Residential Real Estate

The economic problems caused by the COVID-19 pandemic and social unrest sparked by racial injustice shows the need for national politicians to take housing issues seriously, a new report by prominent Harvard University housing scholars says.

Remodeling Predicted to Slow by Mid-Year 2021

Remodeling Predicted to Slow by Mid-Year 2021

by The Commercial Record | Jul 16, 2020 | CR Daily, Industry News, Residential Real Estate

Expenditures for improvements and repairs to owner-occupied homes are expected to slow by the middle of next year as the COVID-19 pandemic continues to unfold, according to the Joint Center for Housing Studies.

Remodeling Succumbs to the Virus

by Lew Sichelman | Jul 2, 2020 | Industry News, Opinion, Residential Real Estate

According to a survey by the National Association of Home Builders, the pandemic all but shut down remodeling. But with inventory low due to the pandemic, could stuck homeowners start eyeing projects?

Hartford-Area Remodeling Spend Projected to Increase

Hartford-Area Remodeling Spend Projected to Increase

by The Commercial Record | Jun 5, 2019 | CR Daily, Industry News, Residential Real Estate

Hartford-area residents are expected to increase their spending on home remodeling by 6 percent in the last two quarters of 2019, according to a new study from Harvard University.

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