In 2008 the legislature passed a two year extension on the “temporary” increase of the real estate transfer tax. Well once again the legislature is looking for yet ANOTHER extension of that temporary tax! It doesn’t look like a question of “IF”. Instead it looks like a question of “how long”? (One or two years). One […]
Month: June 2010
Last week I was asked to participate on a panel of “industrial real estate experts”. The effort was to give our audience a “state of the state” type of overview for the CT and Western MA region. I have been on a number of these panels in the last 30 months and, just like the previous panels, the […]
Went to the CBIA/CBT Economic Outlook breakfast this past Monday. Confirmed my “good news/bad news” outlook. Good news being that the economy is on the rebound. Bad news being that the Connecticut economy is behind the curve AND so is real estate (residential and commercial). Take a look at the Moody’s Analytics/Andres Carbacho-Burgos presentation on the CBIA […]