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.
Mortgage applications decreased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 6, 2017.
Loan performance remained flat in July 2017 after hitting 10-year lows the previous month, according to a report released today from CoreLogic, a global property information and analytics firm.
Lisa Mulvey-Cozzi and the Cozzi Team have left Regions Commercial Real Estate Advisors and joined the Glastonbury office of Berkshire Hathaway HomeServices New England Properties, according to office leader Beth DiLoreto.
Connecticut homeowners paid some of the highest real estate taxes in the country again last year, according to analysis from the National Association of Home Builders.
A report released yesterday by Apartment List Rentonomics said the national rent index has fallen by 0.1 percent between August and September of this year. That is the first month-over-month decrease in 2017.
The Consumer Financial Protection Bureau took action today against real estate settlement services provider Meridian Title Corporation for steering consumers to a title insurer owned in part by several of its executives without making disclosures about the businesses’ affiliation.
Green construction is rapidly gaining traction among both single family and multifamily home builders, according to new research published in the Green Multifamily and Single Family Homes 2017 SmartMarket Brief.
Mortgage credit risk increased in the second quarter of 2017, but remains within the baseline range of credit risk, according to a report released today by property information provider CoreLogic.
Turns out there’s a bright side to Connecticut’s fragile housing recovery.
Preliminary loss estimates for Hurricane Irma is estimated to be between $42.5 billion and $65 billion (excluding uninsured commercial losses), according to a report released today from CoreLogic, a global property information company.
Two Thompson residents were struck by a train in Thompson last Wednesday. One was killed, the other suffered life-threatening injuries, according to a statement from the Connecticut State Police. Both were real estate agents in the Worcester, Massachusetts area.
The statewide Realtor organization is urging property owners to contact their legislators and ask them to oppose any increases in the real estate conveyancing tax included in Gov. Dannel P. Malloy’s proposed budget.
Anxiety about having enough money for a down payment is one of the factors keeping Millennial renters from buying a home, according to a new national survey by LoanDepot cited in the September 2017 Down Payment Report.
Freddie Mac will suspend all foreclosure sales and evictions through Dec. 31 in areas that the Federal Emergency Management Agency has declared eligible disaster areas as a result of hurricanes Harvey and Irma.
New home purchases increased 6.8 percent compared to August 2016. Compared to July 2017, applications increased by 7 percent relative to the previous month, according to a report released yesterday by the Mortgage Bankers Association (MBA).
Nationally, 4.5 percent of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in June 2017, according to a report released today by CoreLogic, a global property information provider. This represents a 0.8 percentage point decline in the overall delinquency rate compared with June 2016 when it was 5.3 percent.
Equifax, the consumer credit monitoring company announced Thursday that hackers stole the personal information and other credit information from approximately 143 million Americans, putting them at risk of identity fraud.
MISMO, the mortgage industry’s standards organization, is inviting industry participants to collaborate on new closing instruction standards, which will be designed to improve communication and avoid delays during the closing process.
The late actress Katharine Hepburn’s former home along the Long Island Sound in Connecticut has sold for $11.5 million after several years on the market, the Associated Press reports.