Newsletter

Tuesday, April 21, 2009 
Annual Awards Banquet



The 7th Annual Awards Banquet for the University of Connecticut's Finance, Healthcare Management, and Real Estate Departments was held on Wednesday, April 15th.

Following the opening reception and dinner, Andrew T. Tedford of Westover Capital, LLC, gave his keynote address. Andy stressed the importance of the UConn network in his own career as well as the importance of giving back to the school.

Awards were presented to students, alumni and industry leaders by Assistant Dean Linda Klein, Jeffrey Kramer, and Ray Kehrhahn.

Click here to see more pictures from the event.





Congratulations to the following award recipients:

Alumni of the Year:
Andrew T. Tedford

Industry Partner of the Year:
Connecticut Attorneys Title Insurance Company (CATIC)

Graduate Student of the Year:
Douglas Roberts

Undergraduate Student of the Year:
Christine Elmore

ARGUS Certificate Recipients:
Seri Chen, Christine Elmore, Thomas Farrell, Steven Ferrigno, Zach Flynn, Dominick Galletti, Matt Gyruko, Willy Isaac, Kristen Jensen, Jonathan Kallen, Christopher Kitchin, Jennifer Layton, Ryan Medeiros, Charles Murrin, Douglas Roberts, Kyle Schmidt, Danielle Willis, and Claudia Yun Shi.

Byrl N. Boyce Valuation Scholarship:
Brendan Bayers, Thomas Farrell, Steven Iannaccone, Mark Lewis, Ryan Medeiros, Douglas Roberts, Kyle Schmidt

Carl F. Traub Memorial Scholarship:
Jeffrey Klar

Connecticut Association of Realtors Past Presidents Scholarship:
Kristen Jensen

General Electric North American Equities Scholarship:
Jennifer K. Gorman

Greater Hartford Association of Realtors:
Christine Elmore

William N. Kinnard, Jr./CREUES Alumni Scholarship:
Rebecca Hannon, Jeffrey Klar, Jennifer Layton, James Lerro, Ryan Medeiros

Society of Industrial and Office Realtors/Samuel F. Pierson Scholarship:
Brendan Bayers, Gregory Carbonella, Christine Elmore, Austin Gerentine, Charles Gill, Steven Iannaccone, Kristen Jensen, Lance Rambush, Jarratt Schleehauf, Kyle Schmidt

Bernard Sippin '52 Scholarship Fund:
Christopher Kitchin

University of Connecticut Real Estate Center Council Award:
Willy Isaac, Kathryn Kubik, Mark Lewis, Douglas Roberts, Kevin Scully, Michael Schleifer

Resume Book Available!

Looking for an intern or permanent hire? The Center for Real Estate and Urban Economic Studies has assembled resumes of internship candidates and graduating majors in Real Estate as well as other allied disciplines. The real estate students are completing what many consider to be one of the best academic real estate programs in the United States.

As in the past, we are offering an electronic version that will be accessible on our web page. If you are interested in gaining access to the information, then please call Debbie Philips at (860) 486-3227 or e-mail your request to recenter@business.uconn.edu.

We enthusiastically endorse these trained and skilled young people in their quest for careers in real estate. Please feel free to contact the individual students directly or if you would like us to arrange interviews for you, then we will be happy to do so. If you require further information about these students or about our program, please call the Real Estate Center at (860) 486-3227.
Professionals in the Classroom

Throughout the semester, professionals from the real estate industry are invited into the classroom to present to students. The professionals give vital insight into the industry and provide real life case studies for the students.




On Monday April 13th, Barry Rosa (UConn '78) and Melissa Reilly of Prudential CT Realty presented on their experiences in real estate and the impact information technology has had on their business.



On April 7th three real estate professionals were invited to speak in Katherine Pancak's Real Estate Principles class. They were: Jay Luzzi of Luzzi & Associates, Ken Delvecchio of ReMax Heritage, and Ralph Antonacci, Sr. of Countrywide Home Loans.





On Tuesday April 21st, Jude Satalino, a Mortgage Consultant for The McCue Mortgage Company gave students an introduction to home buying with an emphasis on the mortgage application approval process. Jude has worked with McCue Mortgage in New Britain, CT for over fifteen years.
CT Housing Price Indices

New Page 1

April 8, 2009

Connecticut Real Estate Markets Update

Stable Rates of Declines in Connecticut's Housing Markets

 

First Quarter, 2009

 

Center for Real Estate and Urban Economics Studies

 

University of Connecticut

 

 

Connecticut's single family housing markets declined throughout the state during the first quarter of 2009. In the middle of the market, prices went down by over 10% year-over-year. To keep this in perspective, the rate of decline nationally appears to be almost double. Other encouraging signs include:

  1. The level of house prices has been rolled back to the first quarter of 2004. I.e., two years of unsustainable double digit price increases in 2004-2005 have been erased by declines during the last two years.
  2. Moreover, the pace of the decreases was about the same as during the fourth quarter; on  an inflation adjusted basis, declines have been roughly constant for one year.
  3. The total decline since the peak in 2006Q1 is 16%, compared to a well-known national index that decreased by 28%. On an inflation adjusted basis Connecticut house prices are down by 21% since their peak.


Read more here
2009 Connecticut Housing Conference

The annual 2009 Connecticut Housing Conference : Stress and Opportunity will be held at the Hawthorne Inn, 2387-2421 Berlin Turnpike, Berlin, Connecticut on Tuesday May 12, 2009. Registration begins at 11:30 a.m. and lunch at 11:45 a.m.

If you are interested in RSVPing for this event click here for the registration form.

School of Business
University of Connecticut



2100 Hillside Road Unit 1041RE
Storrs, Ct 06269-1041
Tel: (860) 486-3227
Fax: (860) 486-0349
email: recenter@business.uconn.edu


For More information, visit

www.business.uconn.edu/realestate


Real Estate Center Links

Conference presentations

UConn Real Estate Center Council

Scholarship and Award Winners

Student Activities Summary