Real Estate

Property of the week: Contemporary luxury in CT Colonial in parklike setting. See inside.
Its flexibility enhances the home’s ability to entertain parties of all sizes. From intimate get-togethers...

Amid celebration of renovation in CT, broad challenges emerge. Empty storefronts dot the landscape.
A $2 million matching grant program could inject life into storefront spaces and build on...

Surreal estate: How hauntings affect home sales
A disturbing history like murder can affect the value of a home.

CT meets English estate with this ‘prestigious’ home with grand reception hall, view overlooking the valley
This "prestigious" English-inspired estate brings luxury at its finest to Connecticut.

A dilapidated CT historic house is now called a future ‘dream home.’ Why it’s years in the making.
Work on it was supposed to be done years ago under a covenant issued in...

Submarine maker Electric Boat acquires CT mall. What it has planned
Electric Boat President Mark Rayha said the property will be renovated, with groundbreaking expected in...

Lamont, legislators working on new housing bill: ‘We have to go forward faster’
Lawmakers and Gov. Ned Lamont are aligned on most portions of a new housing bill,...

Storied CT clothier to leave location of 40 years. Downsizing, they remain ‘pillar of the community’
"We respect our institutions, and we respect the work and the adaptation and the hustle...

Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year
A year ago, the rate averaged 6.54%.

US home sales accelerated in September to their fastest pace since February as mortgage rates eased
Declining mortgage rates and a pickup in available properties on the market encouraged home shoppers.

For CT city, fresh hope: New 142-room hotel as part of harborfront mega-development
Nearly four years after the only hotel in this Connecticut city shut down, developers broke...

Massive CT office complex foreclosure lends no easy answers for future redevelopment.
Building a cohesive, redevelopment plan for seven acres is seen as essential, but it won't...

New CT business owners have ‘vision’ to bring iconic 93-year-old company into 21st century
The company had remained in the family for five generations before the sale earlier this...

Can states, and a little bit of faith, convert church land into affordable housing?
There's a growing movement known as YIGBY — Yes in God’s Backyard.

Central CT developer revises plan. Fewer new apartments, but more business space
Unlike recent changes in much larger development plans Nam Hue 251 wants to build more...

Property of the week: Stately CT Colonial meets modern ease in serene enclave
The home has room for everyone and for every function, from daily living to entertaining small...

What you should know about Connecticut property revaluation. Why there are both ‘winners and losers’
Property taxes are based on an assessment that represents 70% of the fair market value...

Throwback styles meet modern tech for a retro revival in our living rooms
By KIM COOK It might start with a cassette deck that streams Spotify and charges...

CT home called ‘exquisite’ has its own koi pond, backyard oasis. It has a movie theater too
This 5-bedroom Colonial just over the Connecticut River does not disappoint.

CT mansion breaks record in one town for highest price in 20 years. It was frequented by Mark Twain
The mansion has broken the record for the highest price in Manchester in 20 years,...

Influential CT agency that invests in housing, large projects names new leader. What to know.
He will take the helm of the agency at a time when the agency faces...

Average long-term US mortgage rate slips to 6.27%, nearing a low for 2025
The dip brings the average rate to just above where it was four weeks ago.

I asked real buyers: How hard is it to find a house right now?
Despite recent growth, inventory is still 13% below pre-pandemic levels.

CT housing built in former factory to get $3.4M upgrade. It qualifies for funding.
Though focused on independent living, the Connecticut housing complex also can provide some services of...

CT restaurateur loses location due to unpaid rent. Opening was funded with $150K public grant.
This latest eviction comes just days after a Superior Court judge denied restaurateur request to...

This CT home is near a beloved park. It’s said to blend ‘historic charm with modern sophistication’
Step outside your door and be right near one of the most popular Connecticut parks.

Affordable housing developer claims CT town has facts wrong in reason for rejecting project
Days before a Connecticut suburb is expected to vote, the developer is cautioning that the...

Opposition to solar arrays rises in CT. Developers respond: ‘They didn’t just invite themselves here’
An area known as the “Tobacco Valley” — has become an attractive destination for solar...

DIYing your next home renovation? Be on lookout for these things that can derail your project
When tackling a home renovation project, there are a number of things that can push...

Property of the week: Rare new construction in CT town of classic, luxury Colonial
The home will be built for super energy efficiency

Creator of popular destination market seeks to uplift neighborhood, bring $4.5M housing project
Housing is a critical component of a vision for creating a more walkable neighborhood as...

Average long-term US mortgage rate eases to 6.3%, back to its lowest level in about a year
The modest drop brings the average rate back to where it was two weeks ago.

CT $67M project was a ‘long-and-winding road’ from palace look alike to modern apartments
The name is meant to encourage the early formation of a neighborhood community while the...

CT town’s taxpayers furious about alleged favoritism for quarry and attempt ‘to sugarcoat it’
A group of homeowners that's already unhappy about a huge gravel quarrying operation alleges someone...

Property of the week: A CT home in a true community offering ‘a carefree lifestyle’
In addition to the individual homes, there is a clubhouse, fitness center, and a heated...

Forecast: Home equity rates, the Fed and what’s next for home equity borrowing
How much rate relief can home equity borrowers actually expect?

CT industrial site sells for $710,000. It’s big enough for an expanding business to relocate: broker
It sold for $710,000 with a plan by the new owner to expand their business.

Should you pay off your mortgage early?
Most mortgages don’t come with a prepayment penalty.

After 70-plus years of neglect, former CT mill property eyed for 116 condos
More than 70 years since a once-thriving mill shut down, the small Connecticut community could...

Embattled CT restaurateur loses court bid to retain site of planned business
A Superior Court judge has denied the request of a Connecticut restaurateur to remain in...

Average long-term US mortgage rate ticks up for second straight week, to 6.34%
A year ago, the rate averaged 6.12%.

Developers eye CT vacant tract, defunct church to be demolished, for new housing complexes
A developer is proposing to demolish a vacant church and build housing on the property;...

Gov Ron DeSantis, top Florida officials vote to buy 4 acres of land in Destin for $83 million, despite concerns
TAMPA, Fla. – Florida’s top leaders approved a fast-tracked deal Tuesday to pay a campaign...

FTC sues Zillow and Redfin over deal it accuses of supressing competition in rental ads
The FTC claims a February deal violates federal antitrust laws.

Second Fairfield County town signals it will reject developer’s housing plan. It could mean a fight
In what shapes up as another setback for a unique affordable housing campaign in Connecticut,...

Property of week: Classic and updated CT home called ‘historical charm with modern sophistication’
“They got all the best skilled people and the best quality materials,” said Mollie Abend...

CT butcher shop closing after decades in business. ‘I was practically born here,’ owner says.
The owner said the hope is for someone to take over the meat center that...

New life for vacant CT office campus planned. Developer pitches hundreds of apartments, condos
A Nebraska-based developer plans to convert a sprawling, vacant Connecticut business campus into a mix...

Profit margin on flipping a home is at a 17-year low due to high prices
It pays less and less to buy and flip a home these days.

Australia’s iconic beach boxes lack the comforts of home but can cost more than a house
By ROD McGUIRK MELBOURNE, Australia (AP) — The iconic, brightly painted coastal sheds in and...

Average rate on a 30-year mortgage edges higher after declining four weeks in a row
Mortgage rates are influenced by factors like the Fed’s interest rate.

US home sales remained sluggish in August despite late-summer mortgage rate slide
The housing market has been in a slump since 2022, when mortgage rates climbed from...

A CT hotel has changed hands. It includes a full-service restaurant and 129 rooms
It was sold by 6R Capital Group to V2 Capital Management, a Connecticut-based real estate...

On the site of demolished CT school, lottery gives chance to lucky first-time home buyers
Looking like a exuberant game show contestant, Celia Rodriguez bounded forward: She'd won the chance...

How to negotiate commissions with your real estate agent
Here's how to make sure the fee you're paying is competitive.

A big Realtors settlement could have led to lower agent commissions. They haven’t changed
A year later, commissions have barely budged.

Developers say on-again, off-again tariffs are making it difficult to predict prices and kick off projects
“The uncertainty is worrying builders,” said Molly McShane, CEO of The McShane Cos., a national...

Developer plans 267 apartments at site of shuttered CT hotel. The building was once a landmark.
With a plan to buy the former hotel property, a New York company is looking...

A growing and significant CT business sees ‘strong need’ for a new 120-room hotel
A developer is proposing a roughly 120-room hotel as the first stage of a large...

Compass to buy rival brokerage operator Anywhere Real Estate for about $1.5 billion
The deal will bring Century 21, Compass and several other major brokerage brands under the...

The Fed cut rates. Will it help the housing market?
Mortgage interest rates aren’t the only thing holding back would-be buyers.

Property of the week: Large contemporary CT home dubbed ‘mid-century modern’ and ‘farmhouse charm’
The real estate agent called it a design that "blends mid-century modern architecture with farmhouse...

A flood of texts factored into Gov. Lamont’s housing bill veto. Here’s what they said
Lawmakers who voted for and against the bill said there were some who voted no...

Not the place to be? How a once bright light on CT restaurant scene is now in a tight spot.
The Connecticut restaurateur's rapid expansion to a half dozen locations in as many years —...

This CT lake house is for more than just the summer. It offers ‘privacy, true connection to nature’
A rare lakefront estate is available on Connecticut's Lake Mashapaug.

A truly historic CT house needs repair. Why getting it matters for the state and America.
George Washington’s slumber in Connecticut, during a post-1776 period, came during a time when he...

Amazon pledged to support affordable housing. How has it fared so far?
Amazon’s housing investments have resulted in a 31% increase in affordable housing stock in Bellevue.

They bought a house to ‘grow up.’ Now they can’t afford to start a family.
The costs associated with owning a home — insurance, property taxes, maintenance, utilities — are...

Average rate on a 30-year mortgage falls again, dips to lowest level since early October
The rate eased to 6.26% from 6.35% last week.

I’m a real estate writer who sold a house in a buyer’s market. Here’s what I learned
Take care when describing any updates you've done.

How the Fed’s rate cut impacts mortgage rates
The Federal Reserve just cut its benchmark rate, but that doesn't guarantee mortgage rates will...

New state agency set to help add housing in CT with projects across the state
CMDA's work is based on a land use concept known as transit-oriented development, which seeks...

CT farm open since 1800s was looking for new owners. Then a creative agreement came into play.
The Connecticut farm owners were ready to step down.

A CT store attracts customers from across the state. Here’s how it’s been doing it for 50+ years
It's the longest-running business in a town known to be a destination for shopping, sightseeing,...

Mortgage rate scenarios to watch following a likely Fed rate cut
If the Fed does cut rates by a quarter-point, what will happen to mortgage rates?

CT disappointment as red states tout progress on housing. Other states ‘are eating our lunches’
CT Senate Majority Leader Bob Duff said during a panel that other states “are eating...

CT company closing operations in state after nationwide tax credit ends. More layoffs coming.
The company started layoffs after the president signed sweeping legislation that included curtailing certain tax...

Property of the week: A CT home completely rebuilt to take advantage of waterfront views
These impressive waterfront views can also be enjoyed from a large patio at the front...

Office woes could hurt CT redevelopment project sought for decades. Vacancy rate tops 40%
To build new structures on parking lots would require tens of millions in public subsidies...

A new CT restaurant with well-known chef aims to be a ‘gathering place for food lovers.’ Here’s how
The company said the "menu highlights seasonal shareable plates and coastal classics reimagined with a...

CT economic outlook for year ahead on tariffs, taxes, Wall Street, prices
Connecticut's economy remains a mixed bag with low unemployment as consumers and businesses await the...

CT family brings TV audience along as they ‘hunt’ for their new house. Here’s how to watch
A Canton family will be featured on the popular HGTV show "House Hunters."

Average rate on a 30-year mortgage falls to lowest level in nearly a year
The average rate is at its lowest level since Oct. 10, when it was 6.32%.

California FAIR Plan continues denying smoke damage claims despite court loss and regulatory action
Despite a court loss and sanctioning by state regulators, California's home insurer of last resort...

Shortage of homebuyers forces many sellers to lower prices or walk away as sales slump drags on
Many Americans still can't afford homes, but those who can are finding that they have...

Landlord owes affluent CT town $1.7M after ongoing violations. Tenants say buyer could be worse
Tenants at the troubled apartment complex are calling on the town for a fair rent...

Property of the week: Luxurious completely redone CT house with home theater
Adding to this home’s appeal is the professional landscaping with mature plantings that enhance privacy.

Demolition of contaminated CT eyesore to cost $9.4M. It’s on track to pave way for massive redevelopment
The state is wrapping up its review of the redevelopment plans for the site that...

A CT building was once a funeral home, theater and retail outlet. It’s now viewed for apartments
The historic Connecticut building that has been a funeral home, theater, feed and grain store, stove...

Richard Gere’s historic CT mansion razed to make way for subdivision
Actor Richard Gere’s historic Connecticut mansion has been razed to make way for a subdivision,...

A 6,000+ square-foot CT building leased in ‘booming retail corridor.’ There’s a new plan for its use
O,R&L Commercial have announced the leasing of a 6,000+ square foot property in Connecticut.

Average rate on a 30-year mortgage drops to 6.5%, lowest level since last October
The trend should give prospective homebuyers more purchasing power.

Reasons why this fall is the ideal time to buy a house
Housing supply hasn’t been this plentiful since May 2020.

Artificial intelligence helps break barriers for Hispanic homeownership
Some mortgage experts are using AI to help Hispanic homebuyers navigate the loan application process.

AI considered key to future business growth. Many CT companies say they’re unsure how to use it
Artificial intelligence, which some experts say could be more influential in the future than broad...

This 21-bedroom CT mansion is up for sale for nearly $10M. It was formerly owned by 50 Cent, Mike Tyson
A Connecticut mansion known for its famous former owners is up for sale, if you're...

Developer says 55-and-over housing on former farmland would help CT town. There is opposition.
In a town where the market for new age-restricted housing is hot, a lifelong resident...

States begin to see job losses from Trump’s cuts, housing and spending slowdowns
Virginia and New Jersey may be among the states most affected by the hiring slowdown...

CT city commission pushes back on a riverside development as fears of future flooding intensify
The flood commission unanimously voted to reject the proposal for the apartment complex, fearing future...

Property of the week: Modern elegance meets classic design in CT Colonial
The heart of the home is a large, light-filled kitchen that opens seamlessly to the...

