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

State Offers ‘Fresh Start’ Tax Initiative for Individuals, Businesses

Posted on December 12, 2017 by SusyH

If you or your business neglected your state tax obligations, now may be the time to make it right. Connecticut this week announced its Fresh Start tax initiative, a voluntary compliance program for individuals and businesses that provides incentives to pay… Read More

5 reasons to buy a home in the offseason

Posted on December 5, 2017 by SusyH

Buyers should never rush into a major purchase just to shave off some extra digits BYMIKE PULLEY Key Takeaways Buying a home in the fall or winter can be a thrifty move for homebuyers because it’s cheaper, sellers are ready,… Read More

7 repair requests buyers should never make

Posted on November 30, 2017 by SusyH

Repairs unrelated to a safety issue or the breakdown of an expensive system are better left alone Most buyers and sellers understand that buying and selling a home requires negotiation. You give a little here, and they concede a bit there.… Read More

Zillow’s 6 predictions for the 2018 housing market

Posted on November 20, 2017 by SusyH

Slower home price growth, continued inventory issues and evolving design trends are ahead BYMARIAN MCPHERSON If only we could stare into a crystal ball to see exactly what 2018 holds for the housing market. More inventory? Yes! Slower home price… Read More

3 Hidden Distressed Property Issues

Posted on November 15, 2017 by SusyH

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… Read More

FSBOs hit record low for third straight year

Posted on October 31, 2017 by SusyH

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… Read More

How do I buy a home? 

Posted on October 27, 2017 by SusyH

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… Read More

Industry professionals still top resource for mortgage shoppers

Posted on October 24, 2017 by SusyH

Borrowers turn to real estate agents, lenders with a 'personal touch' over online sources Housing consumers on the hunt for a new home and financing to pay for it are going online more and more to learn about properties for… Read More

CT Home Sales Drop in September

Posted on October 23, 2017 by SusyH

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… Read More

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

Posted on October 13, 2017 by SusyH

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… Read More

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

Posted on October 2, 2017 by SusyH

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… Read More

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

Posted on September 27, 2017 by SusyH

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.… Read More

Single-Family Home Sales Up in August

Posted on September 20, 2017 by SusyH

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… Read More

5 Rules of Engagement For Requesting Repairs From Sellers

Posted on September 11, 2017 by SusyH

When buyers and sellers start going head-to-head, no one comes out a winner Key Takeaways It’s reasonable to ask for roof and termite clearances and that the home’s primary systems work. It’s not reasonable to ask for upgrades, abatement or… Read More

CT Home Prices Up in July

Posted on August 24, 2017 by SusyH

Connecticut REALTORS® reports that the single-family residential home median sales price is $273,000 which reflects a 3 percent increase from $265,000 in that same time period last year. Median indicates that half the homes sold for more and half for… Read More