February 8, 2010 | Updated 5:04pm



Feb. 05 Issue

Inside CR

With Warburg’s Backing, Webster Goes After Commercial Market

Webster Financial Corp., with help from a deep-pocketed benefactor, is going after commercial...

Time Is Now For Small Conn. Banks To Make Big Tech. Investments

Community bankers have long prized their place as friendlier, more accessible alternatives to...

Conn. Mortgage Brokers Find New Licensing Tests Tougher Than Imagined

The coming arrival of spring is usually something to celebrate in most corners of Connecticut....

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Blogs

Housing Scene

New Canaan’s Ritzy Housing Market

By Aglaia Pikounis

New Canaan apparently has a “hot” housing market. Brokerage firm ZipRealty reported this week that homes in the upscale town sold for an average of 105.5 percent of list price in last year’s fourth quarter.

Underpricing A Home: Too Risky?

By Aglaia Pikounis

One of the biggest challenges for real estate agents, especially in a down market, is getting home sellers to price their property to accurately reflect market value.


Updated Monday, Feb. 8 @ 5:04pm

Current News

The Hartford Swings To Q4 Profit

The Hartford Financial Services Group posted a fourth quarter profit, helped by better results in its life insurance and property and casualty insurance businesses.

Paulson Book: Behind the Scenes, GE’s Top Exec Confided Credit Woes

By Jeff Gerth

As the financial crisis worsened toward the end of 2008, CEO Jeffrey Immelt and other leaders at General Electric repeatedly assured the public that there was no need to worry about the company's ability to access credit markets and refinance its massive debts as they came due. But in private conversations that alarmed then-Treasury Secretary Henry Paulson, Immelt laid out a different picture of GE's credit situation, according to Paulson's new book about the crisis.

Rockville Bank Workers Collect Shoes For Haiti Earthquake Victims

Rockville Bank employees have donated 181 pairs of new shoes, sneakers and sandals to an organization called Soles4Souls, which is transporting donated shoes to earthquake-racked Haiti.

Simsbury Bank Earnings Improve In 2009, Slip In Q4

SBT Bancorp Inc., the holding company for The Simsbury Bank & Trust Co., has reported net income of $718,000 in 2009 compared to a net loss of $645,000 in 2008.

Cardiologist Takes Office Space In Hamden

Cardiologist and medical internist Dr. Robert E. Lebson has leased 1,400 square feet of office space at 2440 Whitney Ave. in Hamden.

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Housing Scene

A regular compendium of arcane data and interesting trends in Connecticut's housing market, powered by The Warren Group databases and compiled by our own Aglaia Pikounis.

People, people

Keep track of your colleagues and competitors with our interactive people page. As a bonus, submit your own personnel news and photos.

Home Sales Flat

December home sales soared in Connecticut, but 2009 ended on a flat note. Listen to Timothy Warren Jr., The Warren Group CEO, talk about why December was good month.


Poll

Poll Image

Testy Times
Do you think the new mortgage broker licensing test is fair?

  • Yes, it’s going to weed out brokers who are unprofessional and shouldn’t be in the business.
  • No, brokers shouldn't be expected to know specifics of statutes.
  • It needs some fine-tuning – it isn’t perfect but it’s important to know the law.

Most Popular


Video/Audio

Timothy Warren Jr., CEO of The Warren Group, discusses why November was such a good month for Connecticut's housing market.

Listen

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