March 11, 2010 | Updated 12:00am



Mar. 12 Issue

Inside CR

Wire Transfer Co.’s Woes Shine Light On Big Business

Pronto Envios is a money-transfer service that, according to the state’s Department of...

Green Homes Appealing To The Senses, But Not The Wallet

Green building has been all the rage lately, both in the press and with loads of new tax...

IRS Offers Guidance On Mortgage Write-Down Implications

With the Obama administration and private lenders now actively considering mortgage...

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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 Thursday, Mar. 11 @ 12:38pm

Current News

Union Savings Bank Opens Newtown Branch

Danbury-based Union Savings Bank has opened a new branch at 274 South Main St. in Newtown.

Chicopee Savings President Elected To Bankers’ Bank Northeast’s Board

William J. Wagner, president and CEO of Chicopee Savings Bank in Massachusetts, has been elected to the board of directors at Glastonbury's Bankers' Bank Northeast.

Dodd Decides To Pitch His Own Financial Regulation Bill

Senate Banking Committee Chairman Christopher Dodd plans to offer his own version of a financial regulation bill as bipartisan talks have failed to yield agreement on consumer protections and other sticking points.

Geithner Vows To Continue Financial Stabilization

Treasury Secretary Timothy Geithner on Tuesday said the Obama administration's strategy to halt recession and contain the financial crisis has been effective, but vowed to continue stabilization efforts.

Blumenthal Sues Moody's, S&P Over “Misleading” Mortgage Securities Ratings

Connecticut's attorney general sued Moody's Investors Service and Standard & Poor's over ratings the pair issued on risky investments.

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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

Going Green?
Given the tight economy, is it wise for developers to build eco-friendly communities?

  • No, the cost is prohibitive for most homes
  • It's not a bad idea, but most buyers aren't willing to compromise aesthetics to help the environment
  • Absolutley, the trend will catch on and prove profitable

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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