Residential Real Estate

US New Home Sales Rise To Eight-Month High

New U.S. single-family home sales surged to an eight-month high in March, pointing to underlying strength in the economy despite an apparent sharp slowdown in growth in the first quarter.

Trulia Releases Report On CFPB

Trulia Releases Report On CFPB

As both President Donald Trump and Congress currently deliberating the fate of the Consumer Finance Protection Bureau, consumer real estate portal website Trulia last week issued a report analyzing the CFPB’s impact on the mortgage market.

Freddie Mac Weekly Mortgage Rates

Freddie Mac Weekly Mortgage Rates

The 30-year mortgage rate fell 11 basis points this week to 3.97 percent, dropping below the psychologically-important 4 percent level for the first time since November.

Buyers Look Askance At High-Tech Homes

Buyers Look Askance At High-Tech Homes

Computer home automation has been around for nearly a decade and the number of home features that can be automated and remotely controlled is growing annually. But Realtors say there’s low demand for high-tech homes in the Nutmeg State.

CFPB Releases 2016 Fair Lending Report

CFPB Releases 2016 Fair Lending Report

The Consumer Fraud Protection Bureau has released its 2016 Fair Lending Report detailing the agency’s priorities, supervision and enforcement actions on behalf of consumers last year.

Coldwell Banker Buys Former Weichert Offices In Connecticut

Coldwell Banker Buys Former Weichert Offices In Connecticut

Coldwell Banker Residential Brokerage in Connecticut and Westchester County, New York, announced yesterday it acquired the assets of West Haven Regional Inc. and Westville Regional Inc. in New Haven, which until recently conducted business as a Weichert franchisee under the banner of Weichert, Realtors Regional Properties.

US Housing Starts Tumble, But Building Permits Increase

US Housing Starts Tumble, But Building Permits Increase

U.S. homebuilding fell more than expected in March as the construction of single-family homes in the Midwest recorded its biggest decline in three years, but an increase in building permits suggested the housing market recovery remained intact.

Nationwide Mortgage Loan Performance Continues To Improve

Nationwide Mortgage Loan Performance Continues To Improve

The total number of mortgages that are 30 or more days late fell 1.1 percent from 6.4 percent in January 2016 to 5.3 percent in January 2017, a 10-year low according to a report released today by CoreLogic, a global property information analytics firm.