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 to get a copy of the closing disclosure, although it remains a challenge. Learn more […]

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 to old age just because they’ve reached retirement age,” the report notes. Read more: Talk […]

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 of HUD Homes. The 2 incentives are designed to benefit both buyers and real estate […]

Connecticut Home Sales Rise in August

Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 9.1 percent comparing August 2016 to August 2015. The median sales price of $269,900 reflects a 5.0 percent increase from this period last year. Median indicates that half the homes sold for more and half for less. Total units of homes sold were 3,753 in […]

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 suing, or threatening to sue, real estate practitioners, brokerages, MLSs and other companies in the […]


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 two existing programs, a housing certificate program and a rental voucher program, into one program […]

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 21 percent view it negatively, according to Gallup. That boosts real estate to a plus-23 […]

Legal Update – New Fair Housing Disclosure Form Available

The new Fair Housing Disclosure form pursuant to Public Act 16-16 is now in effect and available on the Connecticut Commission on Human Rights and Opportunities (CHRO) site and may be accessed here. The statement of purpose of the Bill that passed is “To provide prospective owners of multifamily residential properties with conspicuous notice of federal […]

14 Simple Steps for Safeguarding Your Office

ECAR Team: September is REALTOR Safety Month, and by now, you are aware of potential dangers that face real estate agents when they are meeting clients, showing properties or hosting open houses, and in their cars. There is one more place to consider: the office where you work. You can help safeguard your business’s (and […]