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Cash offers and skipped inspections: CT real estate agents share how buyers are trying to stand out

Skip to main content Cash offers and skipped inspections: CT real estate agents share how buyers are trying to stand out Meredith Guinness FacebookTwitterEmail A Godfrey Road home in Weston, Conn., listed for sale at the outset of the pandemic in 2020 and again heading into the spring of 2021, for just under $650,000.Alexander Soule /Hearst Connecticut Media / Connecticut is experiencing one of the biggest seller’s markets in its history. And the unprecedented demand is pushing prices up and inventory down. In 2020, the U.S. Postal Service reported more than 10,000 relocations to Connecticut from New York.  Given the COVID-spurred urban exodus, some communities saw double and triple-digit increases in the number of home sales last year. Additionally, realtor.com predicts the Greenwich-Bridgeport corridor will see one of the half-dozen biggest increases in home prices in the nation in 2021.

Cash offers and skipped inspections: CT realtors share how buyers are trying to stand out

Cash offers and skipped inspections: CT realtors share how buyers are trying to stand out Meredith Guinness FacebookTwitterEmail A Godfrey Road home in Weston, Conn., listed for sale at the outset of the pandemic in 2020 and again heading into the spring of 2021, for just under $650,000.Alexander Soule /Hearst Connecticut Media / Connecticut is experiencing one of the biggest seller’s markets in its history. And the unprecedented demand is pushing prices up and inventory down. In 2020, the U.S. Postal Service reported more than 10,000 relocations to Connecticut from New York.  Given the COVID-spurred urban exodus, some communities saw double and triple-digit increases in the number of home sales last year. Additionally, realtor.com predicts the Greenwich-Bridgeport corridor will see one of the half-dozen biggest increases in home prices in the nation in 2021.

Bureau of Land Management authorizes year-round drilling in Converse County, tribes opposed

Bureau of Land Management authorizes year-round drilling in Converse County, tribes opposed January 6, 2021 CONVERSE COUNTY, WYO. After a seven-year environmental analysis, the U.S. Department of the Interior Bureau of Land Management has given authorization for year-round oil and gas drilling in Converse County, Wyoming. The Converse County Oil and Gas Project allows for the development of up to 5,000 new oil and natural gas wells inside a 1.5 million-acre project area. This project is expected to generate roughly 8,000 jobs and $18 to $28 billion in federal revenues. “Projects like this strengthen the energy independence of the United States while creating jobs and fostering economic development,” said Principal Deputy Assistant Secretary Casey Hammond.

US agency OKs 2 Colorado drilling projects, to study others

The plans involve the companies SG Interests and Gunnison Energy. In 2019, a judge ruled that the Trump administration did not adequately examine the indirect environmental impact of burning oil and gas and its effect on the local deer and elk populations. In a separate case involving drilling in western Colorado, the Bureau of Land Management agreed to do additional environmental analysis of oil and gas leases issued on more than 70 square miles (180 square kilometers) of land before any drilling can proceed. The agreement, reached while settling a lawsuit from conservation groups, applies to 53 leases in Mesa and Garfield counties that were offered in 2016 and 2017, the Sentinel reported. The lawsuit challenged the land agency’s failure to conduct site-specific environmental reviews in approving the leases.

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