Residential Real Estate
Mortgage applications increased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Dec. 1, 2017.
U.S. homeowners with mortgages – roughly 63 percent of all homeowners – have collectively seen their equity increase 11.8 percent year over year a gain of $870.6 billion since the third quarter of 2016, according to a new home equity analysis from CoreLogic.
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.
Whether you already own a home or are thinking of purchasing, the new tax legislation pending before Congress poses serious questions: Am I going to get smacked with punitive new taxes? Will the value of my home decrease because previous real estate tax benefits have been stripped away? Or am I one of the lucky ones, well insulated against big losses?
Single-family home sales in Connecticut jumped 3.8 percent in October compared to October 2016, according to the latest report from The Warren Group, publisher of The Commercial Record.
Housing experts are increasing their expectations for home price appreciation as rising prices show no signs of slowing, according to Zillow.
The National Association of Realtors came out strongly against the tax cut bill passed by the Senate this weekend, saying it “puts home values at risk and dramatically undercuts the incentive to own a home.”
Rising home values and falling median monthly home costs drove down the number of Connecticut homeowners burdened by housing costs in 2017, and the number of homeless residents fell to a five-year low, according to a new report from the Partnership for Strong Communities.
A potential tax write-off for homeowners with crumbling foundations is potentially at risk in Congress.
The U.S. District Attorney’s Office has settled a government lawsuit alleging that the Housing Authority for the City of Bridgeport, doing business as Park City Communities (HACB), violated the Fair Housing Act by refusing to provide reasonable accommodations to a woman with disabilities who lives in one of the housing authority’s properties.
Mortgage applications decreased 3.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Nov. 24, 2017.
The 30-year fixed mortgage rate fell two basis points to 3.9 percent in this week’s survey.
Here’s an important question for anyone hoping to buy a home next year but who isn’t quite confident about qualifying for a mortgage: Is it true that lenders have eased up on certain key requirements, making it simpler for first-time buyers and others who can’t pass all the strict tests to get approved?
Eligible homeowners in northeastern Connecticut struggling with crumbling foundations can now begin applying to receive reimbursements for the testing of their homes.
Younger generations want to buy homes, and some still hold traditional views on the value of homeownership.
The Federal Home Loan Mortgage Corp. (Freddie Mac) announced the average 30-year fixed mortgage rate dropping slightly after last week’s jump today.
Coldwell Banker Residential Brokerage in Connecticut announced that it has partnered with Guaranteed Rate Affinity LLC to include an additional mortgage service offering for its affiliated sales agents and their customers.
Savings Institute Bank & Trust announced that Carolann Quinn will serve the greater Groton area as a mortgage consultant.
The state will provide $13.6 million to 14 municipalities to assess, remediate and revitalize blighted properties in their communities and put them back into productive use. The projects encompass 89 acres of redevelopment.
Residential Real Estate Top Block
- Real Estate Agent Hit And Killed By Train In Connecticut
- Salisbury Bank CFO To Resign
- Activist Investor Lawrence Seidman Takes Stake In Simsbury Bank Parent Co.
- Real Estate Developer Admits To Defrauding Investors
- East Lyme Shopping Center Fetches $15.5M