Hartford Courant – A new report from Connecticut Realtors shows that the promise early in 2014 for a third year of gains in home sales fizzled by the end of the year. “They are being cautious and more conservative before they make a big purchase like a home,” said Jeffrey P. Cohen, associate professor of real estate and finance at the University of Connecticut’s Center for Real Estate in Storrs.
Real Estate
Builders See Promise in Homes for the Aging Set
ctpost.com – “The over-55 group needs to sell their current homes before they can think about buying into an over-55 community, so I see the market for existing homes as an indicator as to the future of over-55 home construction,” said Katherine Pancak, professor-in-residence of finance and real estate at the University of Connecticut School of Business.