Residential Real Estate
U.S. home sales increased strongly in March amid a rebound in activity in the Northeast and Midwest regions, but a dearth of houses on the market and higher prices remain headwinds as the spring selling season kicks off.
Four Pearce Real Estate Realtors were recognized as 2018 Five Star Award winners in a survey conducted by Five Star Professional and published in the March issue of Connecticut Magazine.
The robust pace of spending on home renovations and repairs is expected to stay strong over the coming quarters, according to the Leading Indicator of Remodeling Activity released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Top Democratic leaders of the House of Representatives are throwing their support to a $10 surcharge on Connecticut homeowner policies to help residents with foundations crumbling because of an iron sulfide.
Treasury yields rose ahead of the release of the Fed’s Beige Book and speeches from New York Fed President William Dudley and Fed Governor Randal Quarles.
Nobody likes getting tax bills, especially homeowners who are burdened with ever-escalating local property taxes.
Pearce Real Estate named several agents that have earned the first quarter 2018 Production Achievement Award from the New Haven Middlesex Association of Realtors.
Mortgage rates have been holding steady over the past two months.
Members of the state legislature and fair housing advocates from across Connecticut recently celebrated the 50th anniversary of the passage of the federal Fair Housing Act, a key component of the Civil Rights Act of 1968.
Americans are awash in record amounts of equity in their homes, posing the question for millions: So what do we do with it?
A real estate developer was sentenced to 85 months in prison for defrauding investors and lenders out of millions.
Two Connecticut senators have plans to amend a bill awaiting Senate action with language to financially assist homeowners with foundations crumbling because of an iron sulfide.
Single-family home sales in Connecticut fell 3 percent in February compared to February 2017, while the median sale price spiked 7.2 percent, according to the latest report from The Warren Group, publisher of The Commercial Record.
After dropping earlier this week on trade-related anxiety in financial markets, the benchmark 10-year Treasury stabilized on Wednesday, but at a level slightly lower than from the start of last week. Mortgage rates followed and fell for the second consecutive week.
In an era of unceasing horror stories about breaches of sensitive consumer information, here’s some disquieting news for homebuyers: Federal auditors say the popular “tax transcript” program run by the IRS and used by millions of mortgage applicants a year lacks adequate security protections against disclosures of tax-return details to people who shouldn’t be allowed to obtain them.
An Arlington, Massachusetts-based bank with more than $1 billion in assets has hired three veteran Connecticut lenders to staff its new office in Southport.
To afford an average home in Connecticut based on a 30-year mortgage and 10 percent down, one would need to make a salary of $75,280, according to a recent study by HowMuch.net.
Barclays has agreed to pay $2 billion for allegedly causing billions of dollars of losses to investors by engaging in a fraudulent scheme to sell residential mortgage-backed securities between 2005 and 2007, the U.S. Justice Department said on Thursday.
Treasury yields fell from a week ago helping to drive mortgage rates modestly lower.
Call them the frustrated wannabe sellers – eager to list their homes for sale this spring, but feeling locked out of their markets by severe inventory shortages and rising prices that are occurring in many parts of the country.
Residential Real Estate Top Block
- Two Men Charged With ‘Jackpotting’ CT ATMs
- RE Developer Sentenced to Prison for Fraud
- New Haven Biotech Firm CFO Charged with Embezzling $1M
- BofA Ends Checking Account Popular Among Low-Income Customers
- Developer and RE Attorney Charged with Scamming Foreign Investors