UConn Today – No light show preceded his entrance, no pyrotechnics exploded, and no theatrical smoke poured into the air, but to the group of UConn Stamford students who met U.S. Federal Reserve Chair Jerome H. Powell, he still was a rock star.
Finance
What Is the Median Down Payment by State in 2024?
This Old House asks:
What advice do you have for first-time homebuyers looking to save for a down payment?
Save as much as you can, and if you have the ability to, try to save for paying closing costs, too, Check to see if your state offers a first-time homebuyers savings account program. Some states offer special savings accounts to help first-time homebuyers which may provide a state tax benefit for money deposited up to a certain limit. You will be held to any requirements and restrictions under the program, so be sure to check on what those are first. You can also check with your local Housing Finance Authority to see if they have downpayment assistance or other programs to help you obtain a loan or purchase a home. Both usa.gov and hud.gov have information on homebuying and in particular, resources for first-time homebuyers, including links to resources available by state.
Five Alumni to be Inducted into UConn School of Business Hall of Fame
UConn Today – Five UConn School of Business alumni, who have excelled in fields as diverse as college basketball, power-tool manufacturing, and complex financial services, will be inducted into the School of Business Hall of Fame this spring.
Homeownership trends: New data shows areas of concerns in CT
NBC Connecticut – Owning a home is the gateway to the middle class and the traditional path to building wealth and passing it along to one’s children.
NBC Connecticut Investigates wanted a better idea of home ownership trends and crunched some recently released census figures.
For starters, overall home ownership in Connecticut went down in the decade between the 2010 and the 2020 census -anywhere from down roughly 1% in Windham County, to homeownership dropping almost 5% in Fairfield County.
We asked Jeffrey Cohen, UConn Business School professor of real estate, for his take.
Cuando comprar casa es misión imposible: el tenso mercado inmobiliario
Telemundo Miami – WASHINGTON DC – Con la tasa hipotecaria a 30 años más alta de las últimas dos décadas, fruto de las subidas de tipos de interés, y con una acuciante falta de oferta, los estadounidenses tienen cada vez más complicado comprar una casa y el número de solicitudes de hipotecas, así como el de compraventas, está bajando y seguirá haciéndolo en los próximos meses.
Is CT’s cannabis market growing too quickly? Experts say CT can avoid mistakes Massachusetts made
Stamford Advocate – In the nearly nine months since recreational cannabis sales began in Connecticut, the market has grown quickly — already surpassing the number of dispensaries per person that neighboring Massachusetts had within its first year.
UConn to Offer Master’s Degree in ‘Financial and Enterprise Risk Management’ in Stamford Next Fall
UConn Today – In response to increasing challenges to businesses, and the demand for experts to mitigate numerous types of risk across their enterprises, the School of Business has renamed and significantly revised the curriculum for one of its master’s degree programs.
U.S. News Ranks UConn Undergrad Business Program in the Top 50 Nationwide
Uconn Today – In a new report released on Monday, U.S. News & World Report ranked the undergraduate program at the UConn School of Business among the Top 50 in the nation.
The program is ranked No. 47, based on peer assessment by deans and senior faculty members at other highly-regarded colleges. UConn tied with UMass for the top public undergraduate business education in the New England.
Sustainability Breakfast Series Offers Insight Into Exciting Innovations In and Near Connecticut
UConn Today – The School of Business will kickoff a new Sustainable Business Breakfast Series this month, with prominent guest speakers discussing everything from building sustainable homes and office complexes to the future of wind-farming in our state.
$100M Rehab of Hartford’s XL Center comes as cities spend big on arenas
Yahoo News – With $100 million budgeted for an overhaul of the XL Center set to start next year, consultants in the arena business say that Connecticut needs to spend big to just stay in the game as cities around the nation invest in major venues.