In its annual diversity report, Redfin reports having made a slight gain in gender diversity and modest gains in racial diversity in 2017. The company said successful pilot programs designed to increase diversity will be rolled out company-wide next year and are expected to hasten the pace of increasing diversity.
The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 2.6 points in November to 87.8, once again nearing its all-time high from September, according to Fannie Mae.
Housing experts are increasing their expectations for home price appreciation as rising prices show no signs of slowing, according to Zillow.
The Commercial Mortgage delinquency rate declined 26 basis points to 2.68 percent in October for the fourth consecutive month of declined, according to a new report from Morningstar Credit Ratings LLC. The unpaid balance of commercial mortgages fell 4.5 percent and securitized mortgages rose above $800 million for the first time since 2009.
Location counts for a lot in real estate and while the statewide market continues to improve incrementally, some counties are doing much better than others. The counties in the corners of the Nutmeg State show the range of diversity it contains.
The median down payment this year represented 10 percent of all buyers, and fell from 6 percent to 5 percent for first-time buyers.
Home prices are up strongly both year-over-year and month-over-month according to the September 2017 Home Price Index released today by CoreLogic.
The National Association of Realtors (NAR) came out strongly against the House of Representatives proposal to overhaul the tax code yesterday.
The CEO of the Mortgage Bankers Association joined the chorus of government and industry leaders calling for comprehensive GSE reform in testimony before the House Financial Services Committee Subcommittee on Housing and Insurance yesterday.
All 230 of Greenwich’s Town Meeting seats are up for election on Tuesday, Nov. 7, and local real estate agent/blogger Christopher Fountain is urging his readers not to vote for any female candidates.
NRT New England has acquired the assets of Goodfellow Real Estate, a full-service commercial real estate brokerage company based in Danbury.
Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 27, 2017.
The average mortgage interest rate moved up 6 basis points to 3.94 percent, the highest it has been since July of this year, according to the Federal Home Loan Mortgage Corporation (Freddie Mac).
New research released today by Freddie Mac indicates that affordability and changing attitudes towards renting are playing a significant role in the growing demand for rental housing.
Mortgage Bankers Association (MBA) President and CEO, David H. Stevens today announced his plans to retire on September 30, 2018. Stevens will continue to lead MBA until that time.
Mortgage applications decreased 4.6 percent from one week earlier, according to data released yesterday from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. 20.
A U.S. Treasury report released yesterday is heavily critical of the Consumer Finance Protection Bureau’s new rule banning companies from using mandatory arbitration clauses saying it would “effect a large transfer of wealth to plaintiff’s attorneys.”
Multifamily lending was up 8 percent year over year in 2016, with nearly 3,000 different multifamily lenders providing a total of $269.2 billion in new mortgages for apartment buildings with five or more units, according to a new report from the Mortgage Bankers Association.
Mortgage applications increased 3.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. 13. The week’s results included an adjustment for the Columbus Day holiday.
Turns out there’s a bright side to Connecticut’s fragile housing recovery. While the National Association of Realtors warns brokers and agents to expect to see their commissions drop, high inventory and low prices will keep those drops in check for Nutmeg State Realtors.