September 06, 2010
Eyesores & Opportunities (posted Today)
With the “Butt Ugly” building at 1161 Main headed for demolition, Hartford’s commercial real estate market soon will be rid of its most visible eyesore.
Change Building’s Narrative To Change Its Future (posted Today)
As a businessman, Glen Nelson didn’t always have access to capital or other resources to firmly root some of his early business ventures.
Pending home sales rise 5.2 percent in July (posted 09/02/10 at 2:13pm)
The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.
Waterbury auctioning off boarding house (posted 08/26/10 at 11:19am)
The owner of a boarding house for troubled women is pleading with Waterbury officials to give her more time to pay off back taxes before the city goes ahead with an auction, The Associated Press reports.
CT July new housing permits plummet (posted 08/25/10 at 12:47pm)
New home construction in Connecticut fell sharply again in July, as new housing permits issued during the month fell by 38 percent.
July new home sales slowest on record (posted 08/25/10 at 11:41am)
Sales of new homes dropped sharply last month to the slowest pace on record, the latest sign that the economic recovery is fading, The Associated Press reports.
UTC hires CBRE as realty adviser (posted 08/24/10 at 11:26am)
Hartford-based United Technologies Corp. has named real estate broker CB Richard Ellis Group Inc., with operations in Hartford, as its preferred provider for real estate advice across its property portfolio in Europe, the Middle East, Africa and Russia, GlobeSt.com reports.
Moving Companies Hurting With Real Estate Slowdown (posted 08/23/10)
In what is typically the busiest time of the year for movers, many Connecticut moving companies are struggling to stay in the black. The slow housing market continues to hurt movers who rely heavily on residential moves, forcing some out of business and others to look for ways to diversify to remain afloat.
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