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

Real Estate This Spring: The Early Bird Wins

Posted on March 14, 2017 by SusyH

Entering real estate’s traditionally busiest time of year, the housing market is being buoyed by a stronger economy and consumer confidence. Job creation is 30 percent stronger this year compared to a year ago, unemployment is near a 9-year low,… Read More

When it comes to a wall-mounted television…does it stay or does it go?

Posted on March 1, 2017 by SusyH

The process of buying a home is a case study in the art of negotiation. Everything — from the purchase price to occupancy dates to the inclusion of appliances to “repairs” of issues raised during an inspection — are subjected… Read More

Uneven Economic Recovery Has Real Estate Implications

Posted on March 1, 2017 by SusyH

Stagnant economic conditions for middle-class America continue to put some real estate markets on uneven ground. NAR’s chief economist Lawrence Yun, who presented his latest economic outlook at the 2017 REALTOR® Broker Summit in San Diego, said lifetime wealth is… Read More

Special Report: How real estate agents can live happily ever after in retirement

Posted on February 28, 2017 by SusyH

Finding long-term value in the hard work and sweat of agents' day-to-day Key Takeaways Selling your real estate business is still seen as an inexact science, especially in the changing industry, and many agents are looking for answers. When asked… Read More

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