March 9, 2010 | Updated 4:34pm



Mar. 05 Issue

Inside CR

The Online Security Crisis No Longer Looms – 
It Has Arrived

This may be the year when the rest of us wake up to the magnitude of our Internet security...

More Agents Teaming Up For Success

The sparse hunting grounds of the 2010 real estate market may be spurring a field of lone wolves...

Novel Liens Are Money Machines For Developers

How about this for a new and ingenious real estate money machine: Every time a house sells...

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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 Tuesday, Mar. 9 @ 4:34pm

Current News

Conn. Unemployment Rate Up In Jan.

The Connecticut Labor Department says the state's unemployment rate edged up in January, though more jobs were added to payrolls in the state.

Webster Bank Appoints Two SVPs

Waterbury-based Webster Bank has named James O'Meara senior vice president, commercial banking chief of staff, and Christopher Rowe senior vice president, continuous improvement unit leader.

School Leases Bristol Office Space

Oak Hill School recently signed a long-term lease for 4,000 square feet of Class B office space at 45 North Main St. in Bristol.

Trulia: National Price Reductions Drop Below 20 Percent

Nineteen percent of homes listed for sale nationwide as of March 1 had at least one price cut, according to real estate Web site Trulia.com. That represents a 10 percent decrease from the previous month and an all-time low for national home price reduction levels since Trulia started tracking price changes last April.

Conn. Foreclosures Rise In January From A Year Ago

By Colleen M. Sullivan

The foreclosure wave continued to crest in Connecticut, with foreclosures up substantially in every county in the state in January as compared to one year ago. But these high rates represent a slight decrease from last December, and the number of impending foreclosures was also down.

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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.

Home Prices Rise

Single-family home prices in Connecticut edged up in January compared to a year earlier. The Warren Group CEO Timothy M. Warren Jr. talks about why.

People, people

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


Poll

Poll Image

Cyber Criminal Crisis
Is it a bank's responsibility to help protect customers from online ACH threats?

  • Absolutely – it’s going to help stop the latest cyber crime wave.
  • It depends – if banks have the resources to help, they should.
  • It’s not necessary – criminals are after big companies, not small- to mid-size ones.
  • Definitely not – it’s a customer issue.

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.

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