3 Hidden Distressed Property Issues

If you’ve ever bought a distressed property or really any property for that matter, you probably already know the obvious signs of costly repairs. Sloping floors, water damage in ceilings and old electrical panels are all easy to see problems that might mean big money to fix. But what if you’re walking through a house that doesn’t look […]

FSBOs hit record low for third straight year

BY MARIAN MCPHERSON Inman Staff Writer For the third year in a row, for-sale-by-owner (FSBO) transactions accounted for only 8 percent of recent home sales, the lowest share that the National Association of Realtors (NAR) has recorded in its annual Profile of Home Buyers and Sellers since the report was first released in 1981. FSBO sales hovered between 12 […]

How do I buy a home? 

The real estate market is soaring. But Millennials shouldn’t feel pressure to get in on the action, according to financial experts. They’re the largest group of homebuyers in the market today. by Danish Mehboob   @CNNMoney Buying a home is one of the most — if not the most — significant purchases of your adult life. So, you’ll want to make […]

CT Home Sales Drop in September

Connecticut REALTORS® reports that the single-family residential home median sales price is $249,950 which reflects a 1.6 percent decrease from $254,000 in that same time period last year. Median indicates that half the homes sold for more and half for less. Single-family residential home sales in Connecticut decreased 7 percent comparing September 2017 to September […]

The Realtors® Code of Ethics, and then some….

As I get ready to teach Code of Ethics on Friday, the 13th, I reflect back on what I learned about ethics from my MPA program.  Ethics is a subject that applies to our business dealings as REALTORS®, but it is also at the root of our moral character as individuals, parents, and leaders. NAR […]

A month in review: The August housing market (National)

The month was full of setbacks due to low inventory Key Takeaways by MARIAN MCPHERSON Inman Staff Writer Here’s a recap of pending home sales, existing home sales, price indices and studies from NAR, S&P Dow Jones, Zillow and Trulia. Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel Every month, economists release […]

The Inman Files: Don’t wait for Opendoor to eat your lunch (Food for Thought)

Love it or hate it, Brad Inman gives traditional brokers something to think about What’s a traditional broker to do? BYBRAD INMAN Staff Writer Face it, the Opendoor iBuyer model of a fast, furious and certain home sale is beginning to get market share. What does a traditional broker owner do? Complain to NAR? No. Start a “Stop Opendoor” […]

Single-Family Home Sales Up in August

Connecticut REALTORS® reports that the single-family residential home median sales price is $274,000 which reflects a 2.3 percent increase from $267,750 in that same time period last year. Median indicates that half the homes sold for more and half for less. Single-family residential home sales in Connecticut increased 1.9 percent comparing August 2017 to August […]