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Housing Affordability

Real Estate
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are facing. Existing-home sales declined 4.9 percent from December 2024 to a seasonally adjusted annual rate of 4.08 million in January, the National Association of Realtors (NAR) said in a news release on Friday, Feb. 21. The median home price climbed 4.8 percent year-over-year to $396,900, the highest amount ever in a month of January. In the Northeast, sales fell 5.7 percent from December to an annual rate of 500,000 homes, though they increased 4.2 percent from January 2024. The m…

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by Chris Spiker
News
CT Ranked Among Best States For Raising Families In New Study: Find Out Why CT Ranked Among Best States For Raising Families In New Study: Find Out Why
CT Ranked Among Best States For Raising Families In New Study: Find Out Why Massachusetts leads the U.S. as a place for raising families and two other Northeast states are among the nation's best, according to a new study. WalletHub released its 2025 list of best and worst states to raise a family on Monday, Jan. 13. The personal finance website ranked each state on family-friendliness, evaluating factors like housing affordability, healthcare quality, job security, and education. Massachusetts claimed the top spot, excelling in education and healthcare. The state boasts the nation’s best public schools, the highest rate of children with health insurance, and …

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by Chris Spiker
News
Hartford Named Most Expensive City To Live In US, Another CT Locale Makes Top 5 Hartford Named Most Expensive City To Live In US, Another CT Locale Makes Top 5
Hartford Named Most Expensive City To Live In US, Another CT Locale Makes Top 5 For anyone looking for an affordable place to live, there are two places in Connecticut they may want to avoid, according to a new study.  Hartford ranks as the most expensive city in the United States with New Haven finishing in fourth, according to U.S. News & World Report. Joining them on the list are Los Angeles at No. 2, Miami at 3, and New York City at 5.  Nearby Boston is 9 with two other Massachusetts cities — Springfield and Worcester — also in the top 25.  Researchers looked at the average price of goods like groceries and transportation, along with r…

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by Josh Lanier
Lifestyle
Most Expensive States: Here's Where NY Ranks, New Report Says Most Expensive States: Here's Where NY Ranks, New Report Says
Most Expensive States: Here's Where NY Ranks, New Report Says A new ranking by CNBC has found that both New York and Massachusetts are part of the top 10 most expensive states to live in. The CNBC report, which was published on Friday, July 12, used an index of prices for a broad range of goods and services, which was calculated by the Council for Community and Economic Research (C2ER), alongside housing affordability and the cost to insure a median-priced home, to determine the list of spendy states. New York, which ranked in ninth place (tied with Florida, Rhode Island, and Washington), earned a grade of D- from CNBC’s “Top States for Business 202…

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by Sophie Grieser
Politics
Taxes, Zoning, Transportation Top Issues For Incumbent State Sen. Ryan Fazio Taxes, Zoning, Transportation Top Issues For Incumbent State Sen. Ryan Fazio
Taxes, Zoning, Transportation Top Issues For Incumbent State Sen. Ryan Fazio Born and raised in Greenwich, District 36 (Greenwich, North Stamford, and portions of Stamford, New Canaan, and Newfield-Westover-Turn of River) State Sen. Ryan Fazio still calls the town home.  First elected to the Greenwich Representative Town Meeting, the investment advisor has also spent years volunteering for Greenwich United Way and Meals on Wheels. In 2021, Fazio first came to the senate after winning a special election upon the sudden resignation of Sen. Alex Kasser (D). In 2022, by a very slight margin, he beat his democratic opponent to retain his senate seat in the general e…

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by Daily Voice
Lifestyle
These CT Locales Among Best Places To Live In America, Brand-New Ranking Says These CT Locales Among Best Places To Live In America, Brand-New Ranking Says
These CT Locales Among Best Places To Live In America, Brand-New Ranking Says When it comes to putting down your roots, these Connecticut locales are among the best in the nation, according to a brand-new ranking. Two cities in the Constitution State made U.S. News & World Report’s 2024 “Best Places to Live in the US” ranking. Researchers pulled data from a variety of sources, including thousands of public survey responses, the US Census Bureau, FBI crime statistics, and school and hospital rankings to come up with the top 150 American cities. Cities were ranked using four key indicators: value, desirability, job market, and quality of life. The following Conn…

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by Michael Mashburn