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Connecticut Real Estate Industry News

William Raveis Charitable Fund Announces Donation To Damon Runyon Cancer Research Foundation And National Real Estate Recognition

01/19/2018 In 2016, William Raveis Real Estate closed over $9 billion in sales and over $10 billion in mortgage transactions. WRRE has 4,000 highly trained sales professionals in 128 offices in Connecticut, Massachusetts, New York, Rhode Island, New Hampshire ...

Meet your Neighbor... Greg Kraut wants to fix Connecticut

01/19/2018 Throughout his 20-year career in real estate management and development ... They just are, especially in Connecticut.” Although Kraut frequently begins sentences with the phrase, “if I were governor,” and has a clear policy vision for the state ...

Surge in Luxury Home Prices in Greenwich, Connecticut

01/18/2018 More: Once Asking $25 Million, Greenwich, Connecticut’s Linden Court Sells for $9.65M The market strength was largely due to sellers’ concessions, according to Jonathan Miller, chief executive of real estate appraisal firm Miller Samuel and author of ...

Surging CT income tax receipts bolster budget reserve

01/16/2018 But Connecticut might be better off not counting all of that ... some areas besides quarterly income tax filings are underperforming, including sales and real estate taxes. Keith, with Jacqueline Rabe Thomas, won first prize in investigative reporting ...

Redfin Launches in Connecticut

01/16/2018 “Given Connecticut’s population, healthy real estate market and adjacency to other thriving Redfin markets in New York and New England, we see expansive opportunities to grow the business here,” says Taylor Connolly, district manager for the ...

Redfin expanding into Connecticut

01/16/2018 Redfin, the online real estate brokerage, is expanding. The company announced Tuesday that it is launching in Connecticut and expanding its operations in North Carolina. Connecticut homeowners can now sell their homes with a Redfin agent for a 1% listing ...

Edward Jordan: Investment real estate – A 2018 forecast

01/12/2018 While record-high selling prices in major metropolitan markets are a real estate trend that stands to continue from ... have drawn multifamily investors to southwestern Connecticut and the lower Hudson Valley. Likewise, as residential and commercial ...

Tech-Powered Real Estate Brokerage Redfin Expands to Asheville, N.C.

01/16/2018 Redfin (www.redfin.com), the next-generation real estate brokerage, today announced the debut of its home-buying and selling services in Asheville, N.C. Redfin, which also announced its launch in Connecticut today, has a mission to reinvent real estate ...

Drone footage, graphics part of Connecticut pitch to Amazon

01/11/2018 The state was also billed $5,250 by a Connecticut-based web developer to design CTisPrime.com . Danbury is offering a seven-year, 100 percent abatement of local property taxes on real estate and personal property. It's also providing a one-year ...

Realtor: ‘Mansion tax’ hurting real estate market, local economy

01/14/2018 J. Philip Faranda, a realtor with three offices in the county, says the mansion tax is hurting the real estate market as well as Westchester's overall economy. “If you're competing with Connecticut or New Jersey, then it absolutely sends people away from ...

Pearce Real Estate Collects 82 Coats In Charity Drive

01/14/2018 From Pearce Real Estate: Barbara L. Pearce, CEO and President of Pearce Real Estate, today announced that the "Coats for Connecticut" was a big success with Pearce collecting 82 coats. Pearce Real Estate partnered with Best Cleaners, Channel 3 Eyewitness ...

Real estate sources hope DST remains key downtown stakeholder

01/12/2018 The local commercial real estate community is waiting with keen interest to learn ... But another broker, who also asked for anonymity, said the fact that DST’s buyer, Connecticut SS&C Technologies Holdings Inc. (Nasdaq: SSNC), has only half as many ...

Real estate speaker: Technology won’t wait

01/12/2018 ... from the forces at work,” Kasselman told the crowd of real estate industry professionals at the Real Estate Finance Association of Connecticut luncheon in Stamford. “Doing nothing is not an option.” While he touched on how some technologies will ...

Court ruling gives reprieve to Dreamers, including those in CT

01/11/2018 All sides in Washington, from Trump and congressional Republicans to congressional Democrats including Connecticut’s delegation ... and much of Trump’s base attracted to the brash N.Y. real estate magnate because of his anti-immigrant message.

4444 Connecticut Ave NW Apt 403, Washington

01/10/2018 4444 Connecticut Ave Nw Apt 403 ... You might feel like you're getting a great price, and then learn that the real estate market for this area is very different than you thought it was. That's why realtor.com® gives you all the information you need ...

Report: Connecticut insurer calls off NYC move

01/11/2018 Last May, Connecticut Gov. Dannel P ... so too are they increasingly pursuing the same real estate.”

A plague of million-dollar homes haunts real estate

01/09/2018 Rising real estate values since the housing crisis have bolstered the ... San Francisco: 66 percent San Jose, California: 56.4 percentLos Angeles: 23.8 percentFairfield County, Connecticut: 17.7 percentLong Island, New York: 17.4 percent

Has Connecticut’s Governor Lost His Mind?

01/08/2018 More hikes, this time to the sales tax, the cigarette tax, and the real-estate-conveyance tax ... ignoring the exodus of wealth such increases have caused. The fact is that Connecticut’s wealthiest residents are moving away, and taking billions of ...

Murphy To Hold Forums Friday On Tax Reform's Impact On Connecticut

01/05/2018 Sen. Chris Murphy will hold two forums Friday to discuss how the recently enacted Republican tax reform legislation will impact Connecticut. Murphy’s office said the senator will visit a real estate office in Fairfield and a community health center in ...

Sunrise Senior Living Saves Antique Barn in Connecticut, Donates Structure to the Wilton Historical Society

01/04/2018 --(BUSINESS WIRE)--With construction efforts set to begin for a new assisted living community in Wilton, Connecticut, Sunrise Senior Living ... senior vice president of Real Estate for Sunrise. “Sunrise is committed to thoughtful, sustainable design ...

Impact of tax law on local real estate questioned

01/02/2018 While some in the tristate area real estate industry have sounded the alarms about what ... which is based in Shelton and has offices around Connecticut and New England. “People don’t making home-ownership decisions based on the tax code; they ...

2018: The Year Ahead in Luxury Real Estate

01/02/2018 For the global luxury real estate market, 2018 is poised to be a year of adjustments ... empty nesters and others look to ditch high-tax states like New York and Connecticut for homes in places like Florida, experts say...Read More Health and wellness ...

Prepayments pose tax puzzle for Connecticut

12/27/2017 That law caps real estate and motor vehicle property tax deductions at $ ... an opinion as to the federal tax treatment of property taxes made in December, 2017, to Connecticut local governments. Furthermore, OPM does not have a role in the supervision ...

2017 Annual Review: Christopher Edge of Town of Berlin, CT

12/29/2017 What are your predictions for commercial real estate in 2018? I foresee the lack of inventory ... industrial buildings will be prevalent in 2018-19 as firms based in Central Connecticut need to expand into larger facilities to meet their customer demands.

CT homeowners scramble to prepay property taxes by year’s end

12/29/2017 Other Connecticut communities, such as New Canaan and Stamford, are accepting early payments of real estate and motor vehicle taxes due Jan. 1. The IRS has issued an advisory that hasn't helped to clarify the issue for many state residents.

Connecticut nonprofits fear drop in donations in wake of federal tax bill

12/30/2017 Or they can instead subtract various expenses such as state taxes, real estate taxes and charitable donations ... “This has the potential to be devastating to nonprofits in Connecticut and elsewhere,” said Gian-Carl Casa, chief executive officer ...

Property tax raise concerns in Connecticut

12/28/2017 Other Connecticut communities, such as New Canaan and Stamford, are accepting early payments of real estate and motor vehicle taxes due Jan. 1.

2017 Annual Review: Patrick McMahon of Connecticut Main Street Center

12/28/2017 In 2018, commercial real estate professionals will see transit oriented development opportunities along the Hartford Line, CT Fastrak, Metro North and Shoreline East. Also, Connecticut’s legacy cities are seeing increased activity with a focus on ...

2018: Global Luxury Real Estate to Feel Tax Impact

12/27/2017 empty nesters and others look to ditch high-tax states like New York and Connecticut for homes in places like Florida, where there are no state income taxes, experts say. Outside of the United States, double-digit stamp duty—or tax on real estate ...

Paying taxes in Connecticut — more or less

12/23/2017 “For states like Connecticut with high taxes ... The SALT amounts are even more in high-end real estate areas like Darien, where the property tax averages $18,400 and one real estate trust pays $340,000 for substantial waterfront acreage.

Under D.R. Horton control, Austin real estate company names new CEO

12/22/2017 His replacement is Daniel Bartok, a Forestar board member who has spent more than 35 years in the real estate sector, according to the ... and Starwood Capital Group, a Connecticut-based global investment firm. D.R. Horton (NYSE: DHI) won out by offering ...

Connecticut single family home sales off slightly in November

12/20/2017 Condominium sales in Connecticut were hot in November while the market for single-family homes was not, according to data released Wednesday by a real estate industry trade group. The Connecticut Realtors group reported that sales of condominiums in the ...

Many Connecticut residents could see federal taxes go up

12/18/2017 The new limit on the deductibility of property taxes is predicted to depress real estate values in Connecticut and rest of the Northeast. Senator Richard Blumenthal says that he and other Senate Democrats are making a last-ditch attempt to stop the ...

Whitcomb: Superman Teardown? CT’s Tough Gun Laws Seem to Work; Puppy Parties

12/18/2017 And Connecticut has a registry of weapon offenders and a universal ... I think it’s great news that two real estate powerhouses, Gilbane Development and Paolino Properties, have been diligently working to find a path towards that goal.

Malloy appoints Alexander ’65 to new Connecticut fiscal commission

12/16/2017 And since 2016, two of Connecticut’s largest employers ... Themis Klarides, R-Derby, became a vice president at Yale in 1998 after a career in commercial real estate development.

The 7 Craziest Celebrity Real Estate Stories of 2017

12/15/2017 Here is a real estate decision that almost sounds reasonable: Anne Hathaway and her producer husband Adam Shulman bought a $2.8 million country home in Westport, Connecticut this fall. “Page Six” describes the place as a 1920’s cottage with an ...

Pavaso adds law firm Cook & James to real estate closing network

12/12/2017 Cook & James specializes in real estate closings in Georgia, New York, Connecticut and South Carolina. “Partnering with Pavaso further fuels our commitment to offering our clients the absolute most reliable, convenient and pleasant experience with our ...

2017's Biggest Celebrity Real Estate Winners and Losers

12/13/2017 The longtime housing has-been is still looking for a buyer for his wayward Connecticut mansion. We're looking forward to a time when the gods of real estate finally smile upon him, which didn't happen in 2017. Join us as we look back at 2017's biggest ...

Cote leaves Eastern CT chamber to become president of Shoreline Chamber

12/10/2017 Cote is "very, very knowledgeable about various aspects of doing business in this region, whether it's from a real estate perspective or a small business perspective," said Nancy Cowser, executive director of the Southeastern Connecticut Enterprise Region.

Live like a playboy on your own private island: Stunning 3.5 acre land off Connecticut complete with mansion and private beach that has hosted parties attended by Marilyn ...

12/11/2017 A private island off the coast of Connecticut that hosted parties atteded by Marilyn Monroe and Barbra Streisand has hit the market for $8.7million. The 2.7-acre Tavern Island in Norwalk, Connecticut, which was first inhabited by European settlers in 1651 ...