CTR Partners With Two CT Aquariums
CT REALTORS¬ģ is excited to announce our partnership with Connecticut's two Aquariums. Meet Clara and Ripley, two sea lions rescued from California and brought to their new home at the Mystic Aquarium, because finding wonderful homes is what Connecticut REALTORS¬ģ do. CTR is also sponsoring the "Adopt a Seal" program at the Maritime Aquarium.¬†¬†Visit this page to view¬†our video, press announcement and more..¬†
October Shows Rise in Single-Family Home Sales
Connecticut REALTORS is providing monthly home sales and townhouse/condominium sales statistics to the media. Here is the October 2015 release.
Click here for the press release.
Click here for a larger view of the infographic.
Recent Changes to Federal Lending Regulations
The recent changes to Federal lending regulations (called TRID or "Know Before You Owe") took effect on October 3, 2015 and are expected to have a significant effect on closing procedures when purchasing a home.¬†Click here for a document that briefly explains the relevant information to help complete a smoother transaction.¬†
CTR Launches "Experts" Campaign - Materials for REALTORS
The Connecticut REALTORS¬ģ¬†statewide marketing awareness campaign has kicked off with radio spots, billboards, and placements in malls, and more. Consumers are directed to this landing page to test their real estate vocabulary and find a CT REALTOR: www.ctrealtors.com/experts.
Connecticut REALTORS are encouraged to visit our marketing page which includes campaign materials available for download and sharing on social media.
Residential Property Condition Disclosure Report Form - UPDATED
As of¬†Tuesday, April 21, 2015, DCP is posting on their site definitive guidance as to when use of the revised Residential Property Condition Disclosure Report is required. Moving forward, with any listings that were not under contract as of the date of the revised form (March 23, 2015) you will need to have sellers complete the¬†revised form.¬†There is recognition by DCP that¬†this¬†conflicts with other communications received and delivered¬†in the past month. You can get the new form here or the fillable form here.
Foreclosure by Market Sale FAQ
Effective January 1, 2015 a new law goes into effect that provides an additional method of foreclosure which will support the real estate market by selling foreclosed residential properties at market prices, including the ability to market in the MLS.¬† Foreclosures by Market Sale are overseen and then approved by the Court in order to close the sale while the property is in foreclosure. Please check out the FAQ for more complete information on the process. Also note that as this is a new concept, as more experience is developed with the actual process this information is likely going to expand or change. CTR continues to appreciate all the hard work of our members that went into making this legislation a reality.
Updated Flood Site Now Available
CTR has updated our site on flood issues to give you and the public information about flood insurance, preparedness, plus¬†national and state¬†resources related to flood issues.¬† You are welcome to include the CTR logo on your company and/or agent sites and to link directly to that page. www.ctrealtor.com/flood
Important Carbon Monoxide Detector News
The threat of Carbon Monoxide is real and as of January 1, 2014, Sellers of 1-2 family homes built prior to October 1, 2005 arerequired to furnish their purchasers with an affidavit that the property has working smoke and carbon monoxide detectors or to provide a credit. CTR has set up a page to provide information on the law and the changes here. You can download the revised affidavit (effective July 1, 2014).