Finance

Real Estate Professor Cohen: Study Confirms that Properties Adjacent to Tornado Destruction Initially Plunge in Value

Posted on by Claire Hall

UConn Today – The power of a tornado can inflict tremendous damage on residential property, but the impact is also felt by nearby homeowners, even when their property is unscathed.

Undamaged homes in close proximity to those that were partially or fully destroyed incur up to a 39% decline in value, according to finance and real estate professor Jeffrey P. Cohen, associate economist Violeta A. Gutkowski, and research associate Jack Fuller. Their findings were released in a recent economic report by the Federal Reserve Bank of St. Louis, where Cohen is a Research Fellow.

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Ask the Experts – Kristen Haseney

Posted on by Scott Slater III

Wallethub – Homeownership isn’t for everyone. Roughly 46 million American households have opted to rent rather than buy their homes because of convenience, cost or both. But renting isn’t always a cheaper or better alternative to owning a property. The right road to take depends on a variety of factors, including an individual’s or family’s financial means and how well the local real-estate market is doing.

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Commencement Speaker: Servant Leadership Distinguishes Top Companies, Stellar Executives from the Rest

Posted on by Claire Hall

UConn Today – Alumnus Rich Eldh ’81, an entrepreneur who created a $300 million global research and advisory firm, told business undergraduates that servant leadership is one of the most important, and misinterpreted, components of business success.

“Servant leadership means leading with strength, for the benefit of others,’’ he told more than 700 graduates, their family and friends, during the Commencement ceremony on Saturday at Gampel Pavilion. “It means empowering your team, fostering growth, and creating environments where others can shine.’’

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Navigating CT spring home sale market this year. What sellers and buyers need to know.

Posted on by Scott Slater III

Hartford Courant – The spring homebuying season — traditionally the busiest of the year — hasn’t made much of an appearance in Connecticut for five years, after a pandemic buying frenzy depleted the stockpile of houses for sale, so much so that it hasn’t built back up.

Few houses on the market are still frustrating both potential buyers and sellers. Buyers have little choice and still encounter stiff competition, with multiple bids. Many would-be sellers worry they won’t be able to find another place to live, so they sit on the sidelines.

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U.S. News & World Report Ranks UConn’s Graduate Business Programs Among the Best Online

Posted on by Claire Hall

UConn Today – Three UConn School of Business programs are ranked among the 2025 Best Online (Non-MBA) Programs by U.S. News & World Report.

The Financial Technology (FinTech), Human Resources Management (MSHRM), and Master of Science in Accounting (MSA) ranked as No. 12 in the nation. The recognition is particularly gratifying because the first two programs are newcomers to the rankings, having just become eligible for assessment. The MSA program is a long-established program.

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Dan Haar: Slow growth quells Connecticut’s claim as the richest state. Who’s No. 1?

Posted on by Scott Slater III

CT Insider – That’s a complicated question for a lot of us. For the state as a whole, it’s even more so. Connecticut held the claim as the nation’s richest state, measured by average income per person, from 1987 until 2021. Massachusetts passed us that year, powered by a biotech boom in the Boston area.

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