Residential Real Estate
Raveis Launches Cash Offer Product for Homebuyers
By James Sanna | October 15, 2021 | Reprints | Unlock Link
William Raveis Inc. has launched a new service it says will help buyers compete with all-cash offers in an incredibly tight real estate market.
eXp Agents Get Access to New England Fintech’s Payments Platform
October 14, 2021 | Reprints | Unlock LinkBoston-based financial technology firm DepositLink has joined the eXp Partner program, making its real estate payments platform available to eXp Realty’s network of agents.
Fed Officials: Bond-Buying Could End by Mid-2022
By The Associated Press | October 14, 2021 | Reprints | Unlock LinkFederal Reserve officials are signaling moves that could send mortgage interest rates up next year, potentially curtailing strong housing demand.
Secure Winter Curb Appeal, From the Top Down
By Lew Sichelman | October 14, 2021 | Reprints | Unlock LinkThe number of houses for sale is beginning to increase, bidding wars are not as prevalent, and the housing sector is moving into what are normally the slower fall and winter months. So, sellers need to be doing more to attract the attention of would-be buyers.
Greenwich Coldwell Banker Agent Named to ’30 Under 30′
October 8, 2021 | Reprints | Unlock LinkJacqueline Zoeller, a real estate agent affiliated with Coldwell Banker Realty in Greenwich, has been named to the Coldwell Banker 30 Under 30 list for 2021.
New London Brokerage Merges with William Pitt Sotheby’s
October 7, 2021 | Reprints | Unlock LinkArruda Real Estate, an 18-agent brokerage with offices in Mystic and Plainfield, is merging with William Pitt Sotheby’s International Realty, the larger brokerage said in a statement Monday.
The Fight to End Money Laundering Comes to America
By Lew Sichelman | October 7, 2021 | Reprints | Unlock LinkNowhere is this criminal enterprise more prominent than in real estate, both residential and commercial. And a new report says America has become a “safe haven” for this kind of money laundering.
Report Shows 2021’s Buyers Looked Online Before Turning to Realtors
By James Sanna | October 5, 2021 | Reprints | Unlock LinkMany of 2021’s buyers started their homebuying process with an online search for homes for sale, according to a new report by the National Association of Realtors.
FEMA Flood Insurance Update Could Mean Higher Premiums
By The Associated Press | October 4, 2021 | Reprints | Unlock LinkFlood insurance premiums figure to increase for thousands of Connecticut residents when the federal government implements a new rate system, some by as much as $100 per month — but most by up to $10 monthly.
Offensive Deed Language Targeted
By Lew Sichelman | September 30, 2021 | Reprints | Unlock LinkA little-known but highly effective legal group is working on drafting model legislation that would help property owners remove discriminatory, restrictive covenants from their deeds.
Boston, NYC See Highest-Ever 12-Month Gain in Case-Shiller Index
September 28, 2021 | Reprints | Unlock LinkYou’re not imagining it: Home in the Northeast values have jumped by their biggest percentage over the last 12 months according to the S&P CoreLogic Case-Shiller Home Price Index.
60-Unit Redevelopment Begins on Torrington Riverfront
By Steve Adams | Commercial Record Staff | September 27, 2021 | Reprints | Unlock LinkA pair of developers have begun construction of a mixed-income residential community at the former Torrington Manufacturing Co. site on the Naugatuck River.
Century 21 Honors West Hartford Realtor
September 24, 2021 | Reprints | Unlock LinkWest Hartford Century 21 Clements Group real estate agent Wendy Chmielewski-Giordani has been honored with the brokerage’s Relentless Agent Award, one of three winners nationwide for the first quarter of 2021/.
BHHS Glastonbury Office Snags Countryside Realtor
September 23, 2021 | Reprints | Unlock LinkA Countryside Realty agent is moving to Berkshire Hathaway HomeServices New England Properties.
Mortgage Demand Strong as Fall Opens
September 23, 2021 | Reprints | Unlock LinkNew data from the Mortgage Bankers Association shows national demand for purchase loans is strengthening to levels last seen in April, a sign the summer’s dip in housing demand could be only temporary.
Most Listings Lack Key Elements
By Lew Sichelman | September 23, 2021 | Reprints | Unlock LinkSellers whose listings do not include virtual tours, professional photographs and floor plans are being cheated by their real estate agents. Without the proper visuals, homes will likely take longer to sell and fetch a lower price.
Stamford ‘Gatsby’ Mansion Breaks Waterfront Record
September 22, 2021 | Reprints | Unlock LinkA waterfront Stamford home designed by the same architects whose work inspired “The Great Gatsby” has broken a sale price record for the area, the listing agent’s brokerage announced.
Rush for Second Homes Cools, But Stays Strong
By James Sanna | September 22, 2021 | Reprints | Unlock LinkRedfin’s monthly analysis of national-level mortgage rate-lock data shows demand for second homes has definitely cooled from last year, but it’s still elevated compared to the pre-pandemic norm.
New Listings Down in Greater Hartford
September 17, 2021 | Reprints | Unlock LinkThe number of new single-family homes that hit the market in the Hartford area in August is down over the same month last year.
Lots of Lots Are Coming … Eventually
By Lew Sichelman | September 16, 2021 | Reprints | Unlock LinkHome builders are running out of buildable home sites, with inventory at its lowest point since 2015. And relief is on the way – just not soon.
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