Residential Real Estate
Group of Lawmakers Seek Higher Taxes on Connecticut’s Rich
By The Associated Press | March 18, 2019 | ReprintsA group of Connecticut lawmakers is pushing to include higher taxes on the wealthy in the next state budget.
Expectations of Weaker Economy Unite Small Business Owners
By The Associated Press | March 18, 2019 | ReprintsAlthough small businesses vary widely in terms of size, industry and issues, they do appear to be generally united by a growing uneasiness about the economy.
New Haven Apartment and Retail Development Breaks Ground
March 15, 2019 | Reprints | Unlock Link
New Haven Mayor Toni Harp joined the developer of a large new rental complex near the city’s downtown to break ground on the project Thursday.
US Job Openings Rise, Outnumber the Unemployed by 1M
By The Associated Press | March 15, 2019 | Reprints | Unlock LinkU.S. employers posted nearly 7.6 million open jobs in January, near a record high set in November. It’s evidence that businesses are still hungry for workers despite signs the economy has slowed.
US New Home Sales Fell 6.9 Percent in January
By The Associated Press | March 14, 2019 | Reprints | Unlock LinkSales of new U.S. homes slumped 6.9 percent in January, a possible sign that buyers paused during the government shutdown.
Buying a Home Just Got Easier for Many in the Gig Economy
By Kenneth R. Harney | Washington Post Columnist | March 14, 2019 | Reprints | Unlock LinkIf you’re one of the millions of Americans who are self-employed or earn money on the side through freelance, contract or “gig” work, you may know the drill firsthand: Applying for a mortgage can be an intrusive ordeal.
Connecticut Property Taxes Ranked Among Highest in Nation
March 13, 2019 | Reprints | Unlock LinkConnecticut still has one of the highest property tax rates in the country, according to a new study.
Poll Finds Home Prices Push Many to Consider Leaving CT
March 12, 2019 | Reprints | Unlock LinkHousing costs are encouraging some Connecticut residents to consider leaving the state, according to a new poll from Sacred Heart University.
Connecticut Residents Oppose Highway Tolls in New Survey, With Key Exception
March 12, 2019 | Reprints | Unlock LinkA new poll from Sacred Heart University shows a majority of Connecticut residents oppose Gov. Ned Lamont’s plan to put tolls on the state’s major highways using electronic tolling.
Torrington Developer Named Head of National Association of Home Builders
March 11, 2019 | Reprints | Unlock LinkA Connecticut developer with more than 25 years of experience in the homebuilding industry was elected as the 2019 chairman of the National Association of Home Builders during the association’s International Builders’ Show in Las Vegas in late February.
Lawmakers Continue Push to Address Crumbling Foundations
By The Associated Press | March 11, 2019 | Reprints | Unlock LinkConnecticut lawmakers were urged Friday to pass additional legislation to address the state’s crumbling foundations problem and also find additional funds to help impacted homeowners.
Data Show 2018 Surge in New Haven Multifamily Permits
March 8, 2019 | Reprints | Unlock LinkRecent data from the National Association of Home Builders show multifamily construction in the greater New Haven area grew dramatically in 2018, while the same sector showed a large decline in Fairfield County.
Report: State Could Extend Foreclosure Protections for Crumbling Foundation Homeowners
March 7, 2019 | Reprints | Unlock LinkA key committee in the General Assembly has backed a plan to extend foreclosure mediation for homeowners whose foundations are crumbling due to substandard construction materials.
Zillow Sued Over Hacked Listing of $150M California Mansion
By Kenneth R. Harney | Washington Post Columnist | March 7, 2019 | Reprints | Unlock LinkEven if your home is not a dazzling palazzo on a hill, the secret is out: Though it’s highly unlikely, your Zillow page can be hacked and stolen by online troublemakers.
Report: HUD Secretary Ben Carson to Leave in 2020
March 6, 2019 | Reprints | Unlock LinkSecretary Ben Carson, head of the federal Department of Housing and Urban Development, may be leaving his post at the end of President Donald Trump’s current term in 2020.
Hartford Sees Jump in Home Flipping
March 4, 2019 | Reprints | Unlock LinkHome flipping is growing in Hartford in a big way, with the city chalking up the fourth-biggest increase among big cities nationwide.
Owner of Historic Torrington House Secures ‘Fix and Flip’ Loan
March 1, 2019 | Reprints | Unlock LinkThe owner of one of Torrington’s oldest houses has received a “fix and flip” loan for the property.
Bradley Airport Sees Rise in Passengers for Sixth Year
February 28, 2019 | Reprints | Unlock LinkA sign of Connecticut’s strengthening state economy, the Connecticut Airport Authority announced that Hartford’s Bradley International Airport saw passenger traffic grow by 3.6 percent in 2018.
US Growth Rate Slowed to 2.6 Percent in Q4
By The Associated Press | February 28, 2019 | Reprints | Unlock LinkThe U.S. economy slowed in the final three months of last year to an annual growth rate of 2.6 percent, the slowest pace since the beginning of 2018, as the government shutdown and other factors took a toll on growth. Economists believe growth has slowed even more in the current quarter.
More Americans Are Paying Mortgages on Time
By Kenneth R. Harney | Washington Post Columnist | February 28, 2019 | Reprints | Unlock LinkIt’s a real estate and social barometer that doesn’t get a lot of publicity, but it’s important: More Americans are paying their mortgages on time today than they have in nearly two decades – maybe even longer.
