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

Preparing for an inspection? 10 things sellers need to do

Posted on September 1, 2020 by SusyH

There are many obstacles that can derail an inspection, especially in today's COVID-19 climate. As an agent, you should step in and offer sellers advice on what to do to make the process go a bit smoother, by Cara Ameer… Read More

7 Client Behaviors Emerging From COVID-19

Posted on August 7, 2020 by SusyH

By Melissa Dittmann Tracey As the effects of the pandemic continue, nine in 10 REALTORS® say their housing markets are in recovery mode, with many even saying their markets are hotter now than a year ago, recent member surveys from… Read More

CT homeowners’ delinquency rates soar to one of nation’s highest during COVID pandemic

Posted on August 3, 2020 by SusyH

By ANA RADELAT and KASTURI PANANJADY, the Connecticut Mirror As the COVID pandemic increases economic pain,  Connecticut homeowners are falling behind in paying their mortgages at a higher rate than those in most other states. According to Black Knight, a firm that provides… Read More

DOES UNEMPLOYMENT COUNT AS INCOME IN RENTAL HOUSING?

Posted on June 2, 2020 by SusyH

The rental housing industry often feels the ripples of economic change in a direct way. Move outs, unpaid rent, late notices, subletters or roommates, and even evictions can have unintended consequences to long-term unemployment. With most businesses shuttered, many renters… Read More

More First-Time Home Buyers Are Entering the Market

Posted on May 27, 2020 by SusyH

A shift in the mix of home buyers has been occurring since the pandemic began. Investor numbers are shrinking, while the number of home shoppers purchasing their first home ever is on the rise. These buyers are freed from having… Read More

10 tips for buyers putting in offers sight unseen amid coronavirus

Posted on May 26, 2020 by SusyH

Buying a property without seeing it in person is hardly ideal. But, in the new world created by COVID-19, virtual touring is becoming increasingly common, by Nicole S0lari Buying a property without seeing it in person is hardly ideal. But, in… Read More

Residential refis make up 55% of home loans in first quarter

Posted on May 21, 2020 by SusyH

Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same period last year BY LILLIAN DICKERSON |  Refinance loans comprised 55.7 percent of a total of 1.92… Read More

The hidden opportunities of a challenging market

Posted on May 4, 2020 by SusyH

When the unexpected happens, luxury agents are primed to adapt BY NIKKI FIELD Economic downturns are difficult. But for agents in the luxury real estate space, a slow business cycle is an ideal time for investing in your skills. While many agents… Read More

Serious Homebuyers Are Active During Pandemic, NAR Flash Survey Shows

Posted on April 16, 2020 by SusyH

By Liz Dominguez Many fear a stalled market due to the spread of COVID-19. However, according to the newest Economic Pulse Flash Survey from the National Association of REALTORS® (NAR), buyers are out there, and they are more serious than ever before.… Read More

Posted on April 6, 2020 by SusyH

By CARA AMEER In a matter of days, life as we know it has been turned upside down. The only normal is a new one. The experience of living through 9/11 and the economic crash of 2008 has taught us just… Read More

Here’s a 7-step guide to resolving conflicts

Posted on February 18, 2020 by SusyH

Getting all the facts before taking a stand leads to quicker, cleaner resolutions, by Matthew Szalecki If you’re in the real estate business long enough, you’re eventually going to encounter conflict. It’s simply a matter of numbers: The more you sell… Read More

Buyers looking for a fixer-upper? Here are 10 things to consider

Posted on February 3, 2020 by SusyH

BY CHRISTY MURDOCK EDGAR It might sound like a great deal for your weekend warrior clients, but some properties just aren’t worth the price. Here’s what to watch out for Many buyers prefer the ease and convenience of a fully turnkey property,… Read More

January is Agent Appreciation Month

Posted on January 27, 2020 by SusyH

Winter blues Getting You Down?  By Rachael Hite The months after the holiday season often feel empty, as if winter hit its peak at the new year. Seeing no end to cold weather, cabin fever and seasonal illnesses can get… Read More

7 reasons for-sale-by-owners fail

Posted on January 16, 2020 by SusyH

Less than 10 percent of for sale by owner sellers actually succeed, but what is it, actually, that prevents FSBO sellers from being able to close their property sale? BY BILL GASSETT Selling your home without the help of a real estate… Read More

6 economists predict what the 2020 housing market has in store

Posted on December 10, 2019 by SusyH

Low supply and high demand will drive the housing market amidst age milestones for millennials and baby boomers BY MARIAN MCPHERSON  Historically low mortgage rates, booming home price growth, inadequate inventory levels, and debates about crumbling affordability ruled the 2019 housing market. As the new year… Read More