ned lamont

Brigitte Quinn has the afternoon's top local stories from the WCBS newsroom.

Dan Haar, senior editor and columnist at the CT Insider, joined Newsline with Brigitte Quinn with a preview of the address. Today also marks the start of the 2024 legislative session.

There are several tax cuts taking effect in Connecticut next year, including the first income tax cut since the mid-1990s. Newsline with Brigitte Quinn spoke with Governor Ned Lamont.

Connecticut Governor Ned Lamont has announced a second set of proposals to cub gun violence and prevent mass shootings. WCBS reporter Steve Burns lays out the details with Michael Wallace and Steve Scott.

Republican Bob Stefanowski ran for Connecticut Governor in 2018, narrowly losing to Ned Lamont. Now Stefanowski, a Connecticut native and Madison resident, is back to take on Lamont again.

This hour on Where We Live, we hear from Stefanowski about his second run for governor, and his expanded platform ranging from fiscal accountability and the elimination of state income and sales taxes to managing COVID-19, crime, and more.

We also hear from Hartford Courant reporter Daniela Altimari on how the race could unfold.

GUESTS:  

Bob Stefanowski: Republican Gubernatorial Candidate

Daniela Altimari: Reporter, State Government & Politics, Hartford Courant

Support the show: http://wnpr.org/donate

See omnystudio.com/listener for privacy information.

You Can't Fix Stupid...

- NHTSA Orders Automated Vehicle Makers To Report Crashes
- Used Class 78 Trucks Selling At Record Prices
- Now Tech Can Detect A Big Truck Flat Tire At Highway Speeds
- Governor Ned Lamont - You Can't Fix Stupid....

This and more on this FBTV Podcast from TALTOA.

https://taltoa.com
https://freightbrokertv.com

If you'd like to contact Attorney Fishbein, you may do so by calling him at (203) 265-2895 or emailing him at ccf@fishbienlaw.com

To follow this case on Pacer, check out Auraclehomes vs Lamont.

Closingtimepodcast.com for the latest news from the real estate world, helpful tips for buyers, sellers and other agents, and all of our previous podcast episodes. 

Keep up with us on Facebook and Instagram.  

We also offer home video tours, Realtor branding videos, ariel shots, live streams and more.. closingtimepodcast.com and click on the CMG Real Estate Link 

Client Appreciation Party
We teamed up this year in Real Estate and have started our new podcast, Closing Time. We can't think of a better way to celebrate than spending a fantastic day with the awesome people who made this all possible. We would love to hear any tips and tricks to make our party the best!

Home flipping rate hits a 9-year high, indicating potential trouble in real estate
https://www.usatoday.com/story/money/2019/06/10/housing-market-trouble-flipping-rate-hits-9-year-high/1406883001/?fbclid=IwAR1SLhTrbd-TzCxacNMnOTvq9fGetE0fnYghsZPVnyEI40kk1-OoIRVODQE

The rate of buying, fixing up and reselling a house – also known as flipping – hit a nine-year high with over 49,000 single-family homes and condos selling in the category in the first quarter.
However, experts warn that's not necessarily an indicator of the housing market’s overall strength.
A report released June 6 by the property databaseAttom Data Solutions found that flipping activity represented 7.2% of all home sales nationwide during the start of 2019. That's up from 5.9% in the previous quarter and up from 6.7% this time last year, representing the highest home-flipping rate since the start of 2010.
Still, that's only part of the picture.
The total number of homes that were flipped was down 8% from the first quarter of 2018, and the number of investors engaging in the activity was also on the decline.
Experts say that an uptick in home flipping activity could actually indicate that conditions in the housing market are worsening.
In the first quarter, flipped houses sold for a median price of $215,000. The median purchase price stood at $155,000, making the gross flipping profit just $60,000, which is a three-year low. In the same quarter last year, the gross flipping profit was $68,000.
Late last year, researchers told MarketWatch that the real estate market may be cooling down, describing home-flipping as a “canary in the coal mine" as the high velocity of transactions give flippers real-time data on the direction of the market.

Foreclosure rates remain low, but homes hit by natural disasters continue to struggle
https://www.inman.com/2019/06/11/foreclosure-rates-remain-low-but-homes-hit-by-natural-disasters-continue-to-struggle-corelogic/

While the number of homeowners failing to make their mortgage payments continue to hit new lows, portions of the country hit by natural disasters are struggling.Across the United States, 4 percent of U.S. homeowners fell into some sort of delinquency on their mortgages in March, down from 4.3 percent a year earlier and the lowest level for the month of March in 13 years, according to the latest CoreLogic analysis, released Tuesday. Foreclosure rates, in which one’s home is seized by the government due to inability to pay, is at 0.4 percent, down from 0.6 percent in March 2018. Such a small number of homes have not been foreclosed since January 1999. Despite the good news, however, some parts of the country are continuing to struggle. Overall delinquency rates have risen somewhat in 42 percent of the country. Panama City, Florida and Albany, Georgia saw some of the highest rises in serious delinquency rates, or payments that are due by more than 90 days, across the country. According to CoreLogic, such numbers are the result of homeowners getting caught off guard with higher-than-expected payments in certain times of the year.
Houston, which was ravaged by Hurricane Harvey in September 2017, and southern Florida, which was hit by Hurricane Michael just a few weeks later, both have some of the highest delinquency rates in the country. In many cases, homeowners whose property suffered damage fall delinquent on their mortgage as they take time to figure out whether to make repairs or sell.

Tiny homes a solution to big problem?
https://www.ctpost.com/business/article/Tiny-house-and-Affordable-housing-13799102.php?fbclid=IwAR3aqiR5LQJTiTiMZ52ozaY0oCp6jYNrJsDRYdLXAnsqr9H0OkylVfdMJgs

The lack of affordable housing remains a problem in Connecticut — and Doug Werner of Tiny House Co. in Bridgeport sees tiny homes as a solution.
Werner and his team have been campaigning for years to secure a parcel of land in Park City where they can build a community of tiny houses which he hopes will kick start interest in city and state officials looking to deal with need-based housing demands.
Since 2011, the state and private sector have invested billions of dollars in developing and funding thousands of units of housing available to those whose income is at or below the area median, which as of April 5 was $89,773
Last year, there were 140,531 Connecticut households deemed “extremely low income,” but only 51,050 affordable rental units available in the state.
Werner said he thinks tiny homes could be a viable way to increase the affordable housing stock.
A 420-square-foot tiny home costs between $50,000 and $65,000 and takes 90 days to complete, according to Werner, whose team builds pre-fabricated units.
The median house in the state was listed by Zillow as $244,500. In Fairfield County, according to an April 5 USA Today article, the median home value was $435,477.

Lamont Explains What United Technologies Merger Means For CT
https://patch.com/connecticut/farmington/united-technologies-merger-leads-lots-questions-ct?fbclid=IwAR2F2TzqOLI9ceImwKXhurohaYB4ojRCbSX3VAb7QFxJWi9y8TPGJomv9aU

Last Sunday it was announced that the state's largest employer, United Technologies Corp., and Raytheon Company agreed to a massive merger that was formally announced on Monday.
UTC's headquarters are based in Farmington, CT, and the company employs nearly 20,000 people in the state at Collins Aerospace and Pratt & Whitney. In a press release announcing the merger, both companies said the new company, Raytheon Technologies, will be headquartered in the greater Boston metro area.
The merger still requires regulatory approvals, the approval of Raytheon and United Technologies shareholders, as well as completion by United Technologies of the separation of its Otis and Carrier businesses. The transaction is expected to close in the first half of 2020.
Gov. Ned Lamont late Sunday released the following statement regarding United Technologies Corporation (UTC) and its future in Connecticut. Lamont confirms that about 100 people will be relocating from Connecticut to the new headquarters which is planned in Massachusetts.
"UTC and its subsidiaries, including Pratt & Whitney, Otis Elevator, and Collins Aerospace, continue to be an important part of Connecticut's fabric. It...