Eastern Connecticut Association of REALTORS®

The voice for real estate in Eastern Connecticut, and the Association of choice for real estate professionals committed to excellence. Interested in becoming a REALTOR? Call us at 860-892-2595

ECAR Insights

ECAR Voice

Connecticut Home Sales and Median Prices Rise in January

Posted on February 24, 2017 by SusyH

Connecticut REALTORS® reports that the single-family residential home median sales price is $235,000 which reflects a 2.2 percent increase from $230,000 in that same time period last year. Median indicates that half the homes sold for more and half for… Read More

Study: Small Homes Appreciate Faster

Posted on February 13, 2017 by SusyH

DAILY REAL ESTATE NEWS | MONDAY, FEBRUARY 13, 2017 Bigger isn’t necessarily better when it comes to appreciation. In fact, a new study shows that smaller homes likely will offer a bigger percentage return on a home shopper’s investment. Read… Read More

How Trump’s tax plan could affect your bottom line as a real estate agent

Posted on February 7, 2017 by SusyH

Changes to Tax Brackets and Deductions will Impact Filing and Returns Key Takeaways Structurally speaking, the tax system will get trimmed significantly. Trump’s first major change is to reduce the current 7 tax brackets to 3 brackets. The biggest change… Read More

4 solar panel pitfalls

Posted on January 30, 2017 by SusyH

Is it ever a good idea to install solar panels? Yes, but steer clear of these problems: Key Takeaways Solar panel installation on residential property is on the rise, and they can be a solid investment with benefits such as… Read More

Connecticut Home Sales and Median Prices Rise in December

Posted on January 27, 2017 by SusyH

Connecticut REALTORS® reports that the single-family residential home median sales price is $248,750 which reflects a 3.6 percent increase from $240,000 in that same time period last year. Median indicates that half the homes sold for more and half for… Read More

NAR existing-home sales: ‘Soft’ ending to a strong year

Posted on January 25, 2017 by SusyH

The 'autumn revival' might be over with, but end-of-year sales were still doing OK Key Takeaways According to NAR, existing-home sales decreased 2.8 percentage points to a seasonally adjusted annual rate (SAAR) of 5.49 million. NAR Chief Economist Lawrence Yun… Read More

3 Power Scripts for Inexperienced Agents

Posted on January 19, 2017 by SusyH

When you’re new to real estate, prospective clients may question whether you have the skill to represent them. These scripts emphasize your drive and work ethic over transaction history and will help put clients’ minds at ease. New agents don’t… Read More

A real estate agent’s guide to tax deductions

Posted on January 13, 2017 by SusyH

10 Steps for agents to get the most from their tax returns Key Takeaways Preparation and tax code knowledge defines which expenses are permitted in quarterly and year-end taxes. Monitoring expenses such as vehicle depreciation and home working spaces can… Read More

FHA opens door to homeownership for more borrowers

Posted on January 9, 2017 by SusyH

FHA says premium cut will save FHA borrowers $500 a year on average BY TEKE WIGGIN Inman Staff Writer Key Takeaways The FHA will reduce the annual mortgage insurance premium most FHA borrowers pay by a quarter of a percentage point starting… Read More

So, you want to be unemployed? 7 tips for aspiring entrepreneurs

Posted on January 6, 2017 by SusyH

Lessons Gained From Starting My Own Brokerage Key Takeaways You will be ripped off; the market will adapt; never stop improving. Fall in love with your customers and consider them clients for life. Sooner or later, your venture will require… Read More

Big Challenges, Yet Hopeful 2017 Outlook for CT

Posted on January 3, 2017 by SusyH

Connecticut has great economic potential. Our base of industry in manufacturing, financial services and bioscience is one any state wishes it had. A recent survey revealed ongoing concerns from business leaders about the state economy’s modest growth.       … Read More

When should you start and grow a real estate team?

Posted on December 29, 2016 by SusyH

Advice from an interview with top-producing Realtor Karen Blevins BY KYLE DRAPER Key Takeaways Top-producing Realtor Karen Blevins does all the selling. Her team does everything else to make that possible. Hire your assistant first. That person can handle all the… Read More

Survey: Higher Rates Don’t Scare Buyers

Posted on December 28, 2016 by SusyH

DAILY REAL ESTATE NEWS | WEDNESDAY, DECEMBER 28, 2016 Despite mortgage rates reaching a two-year high last week, home buyers say the increases aren't scaring them away from their real estate search, according to a new Redfin survey. Only 2.6… Read More

Introducing the Inman Person of the Year

Posted on December 22, 2016 by SusyH

Everyday REALTOR® honored for unwavering optimism, fortitude and determination Brad Inman: My wife Yaz and I recently attended a real estate conference where I noticed her being more perky in public than normal. I asked her what was going on and she… Read More

Redfin’s Seven Housing Predictions for 2017

Posted on December 20, 2016 by SusyH

Heading into 2017, Redfin data scientists and thought leaders put their heads together to predict what the housing market has in store for the new year, under a new president. The Trump administration ushers in three major policies that could… Read More