Study: Small Homes Appreciate Faster

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 more: New Single-Family Homes Are Getting Smaller A new study conducted by NerdWallet culled three […]

4 solar panel pitfalls

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 reduced energy bills. Leased solar panels come with low upfront costs; however, when homeowners lease […]

Connecticut Home Sales and Median Prices Rise in December

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 less. Single-family residential home sales in Connecticut increased 2.4 percent comparing December 2016 to December […]

3 Power Scripts for Inexperienced Agents

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 have a good answer when a prospect asks, “How many homes have you sold?” Because […]

A real estate agent’s guide to tax deductions

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 save thousands of dollars, but so can properly recording software costs, marketing expenses and annual […]

FHA opens door to homeownership for more borrowers

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 January 27. Low- to moderate-income homebuyers will get a boost in 2017, with the Federal Housing Administration […]