What does President Trump mean for the housing market?
8 ways our new commander-in-chief could affect homeownership for the next 4 years Political pundits around the country were stunned last night when Donald Trump secured enough to votes to beat Hillary Clinton to become the next President of the ...
3 claims Realtors should think through carefully
Why 'My services are free to a buyer' and other common statements may not stand up to scrutiny Key Takeaways In agents' conversations with prospects, 'I've got buyers in your area,' 'My services are free to a buyer' and 'It's ...
First-Time Millennial Buyers Poised to Revolutionize the Real Estate Market in 2017
You want a real estate revolution? We’ve got you covered: Next year, more than half of all homes will be bought by first-time home buyers, according to an exclusive survey of buyers by realtor.com®. It’s a seismic shift from 2016. And here’s ...
Connecticut Home Sales Rise in September
Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 2.6 percent comparing September 2016 to September 2015. The median sales price of $255,000 reflects a 2 percent increase from this period last year. Median indicates that half the homes ...
Agents See Fewer Closing Delays
It’s been a year since new closing rules took effect and real estate agents are seeing fewer closing delays. About 8 percent of transactions are delayed now, down from about 11 percent last year. Agents are also finding it easier ...
Replace ‘Aging in Place’ With This Term
Seventy-five percent of boomers recently surveyed say they aren't ready to age in their homes and adopt age-in-place home features, according to Home Advisors’ 2016 Aging in Place Report. Older Americans are “unwilling to prematurely surrender their homes and lives ...
New HUD Homes Sales Incentives Are Available
For Immediate Release: As of October 1st, 2016, The United States Department of Housing and Urban Development officially launched sales incentives for the states included in the HUD Philadelphia Homeownership Center region (Philadelphia HOC) for the purchase and sale ...
Patent Troll to Stop Seeking Fees from Real Estate Industry
In a major victory for real estate, Data Distribution Technologies, LLC—a so-called patent troll that has been demanding patent licensing fees from real estate companies—has agreed to a settlement with the National Association of REALTORS® that will prevent it from ...
SECTION 8 SUBSIDIES
Earlier this month, CTR put out a legal notice with Updates to Section 8 and Broker's Lien Rights Materials. Section 8 is a federally funded program to provide housing opportunities for individuals who qualify for rental assistance. In 1999, HUD merged ...
Real Estate’s Public Image Surges
DAILY REAL ESTATE NEWS | MONDAY, SEPTEMBER 12, 2016 Americans are rating the real estate industry much more favorably, according to a new Gallup poll of more than 1,000 Americans. Forty-four percent of Americans now view the industry positively and ...