Residential Real Estate
A new report from Coldwell Banker Real Estate says a new set of affluent homebuyer demographics are taking their wealth to new and unexpected markets across the U.S., including Torrington.
The U.S. economy grew at a record 33.1 percent annual rate in the July-September quarter but has yet to fully rebound from its plunge in the first half of the year – and the recovery is slowing as coronavirus cases surge and government aid dries up.
Could Connecticut emerge from the COVID-19 pandemic stronger? That could be one effect of the hyper-busy spring-turned-summer real estate market, senior real estate figures hope.
A new survey from Zillow suggests that the nation-wide shortage of sellers may be caused, in part, by some holding out for higher prices.
Economists worry that the United States risks repeating a mistake made after the 2008-2009 Great Recession, when limits on federal spending and layoffs by states and localities hindered a recovery.
The former home of Jennifer Dulos, the Connecticut mother of five who prosecutors say was killed by her estranged husband last year, is going on the market for $1.75 million.
The Mortgage Bankers Association predicts purchase mortgage originations will grow in 2021 while the meteoric increase in refinance activity will taper off.
There’s good news for mortgage applicants who don’t fit into the precise mold demanded by Fannie Mae and Freddie Mac: After pulling back at the start of the pandemic in March, other lenders are returning to the market.
Amid potential sellers’ reluctance to enter the housing market and record demand from younger homebuyers, Greater Hartford has seen significant drops in how long individual homes are on the market.
U.S. home construction rose a solid 1.9 percent in September after having fallen in the previous month, as home building continues as one of the bright spots of the economy.
Connecticut is planning to revamp its benchmarks for when people entering the state from locations with large COVID-19 rates will need to quarantine.
House Speaker Nancy Pelosi reported some progress in advance of a Tuesday deadline for reaching a pre-election deal with President Donald Trump on a new coronavirus relief package, but the same core problems bedeviling the effort remain in place despite optimistic talk from the president and his team.
Hoped-for economic development near Hartford’s Dunkin’ Donuts Park is starting to materialize as a well-known Stamford developer kicked off the $50-million initial phase of the Downtown North redevelopment project.
Connecticut residents wanting to track the latest wave of COVID-19 infections have a new tool in the form of a color-coded threat map.
Most professions restrict the payment of referral fees. But they run rampant, and are somewhat controversial, in real estate.
A study from the National Association of Realtors appears to back up a trend predicted at the beginning of the COVID-19 pandemic: increased demand for bigger homes with yards among Millennial homebuyers. But walkability remains a key component of good quality of life.
Recent trends have raised the specter of a period of widespread long-term unemployment that could turn the viral recession into a more painful, extended downturn as job skills erode and financial lives get upended by long-term unemployment.
A new real estate agent has joined the Berkshire Hathaway HomeServices New England Properties office in Glastonbury.
With the first of two six-month forbearance periods available through the CARES Act ending, some borrowers have been exiting forbearance without contacting their mortgage servicers, one factor contributing to a recent drop in loan forbearances.
Airbnb said Thursday it will require hosts to comply with enhanced cleaning procedures as part of its effort to reassure guests and local officials during the coronavirus pandemic.