Residential Real Estate
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.
February’s national Home Price Index rose 0.8 percent from January 2017 to $268,000, up 5.7 percent from February 2016, according to a new report from Black Knight Financial Services.
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.
U.S. home resales rose more than expected in March to the highest level in more than a decade as more homes came on the market and were quickly snapped up by consumers.
Zillow Group announced yesterday that Bridge Interactive has added more than 10 multiple listing services (MLSs) representing more than 180,000 agents to its growing customer base.
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.
It’s a real estate question that historically has had an easy answer: Do single-family detached homes appreciate in value faster than condominiums?
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.
Atlanta-based databank for homebuyer programs Down Payment Resource yesterday announced new partnerships with four mortgage lenders, including Fairway Independent Mortgage Corp., a national lender with an office in Glastonbury.
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 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.
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.
Wells Fargo & Co., which has been mired in litigations stemming from a sales scandal, posted a nearly flat first-quarter profit, hurt by lower mortgage banking revenue and higher expenses.
Following a weak March jobs report, the 10-year Treasury yield dropped about 5 basis points.
Patty McManus’ real estate career was off to a slow start when the crash came.
They’re either a valuable financial tool for homeowners or a harbinger of trouble on the horizon: Cash-out refinancings, which were wildly popular during the housing boom years and contributed to the severity of the crash, are on the rise again.
Realtor Marilyn Rossi has joined the Glastonbury office of Berkshire Hathaway HomeServices New England Properties.
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.
A Bridgeport attorney was recently charged by a federal complaint with wire fraud related to his alleged theft of more than $900,000.
Berkshire Hathaway HomeServices New England Properties recently announced the top sales executives in the Glastonbury office for the month of March 2017.
Residential Real Estate Top Block
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