Residential Real Estate
Despite Claims, Trump’s Order Doesn’t Stop Evictions
By The Associated Press | August 10, 2020 | ReprintsDespite promises to the contrary, executive orders President Donald Trump signed Saturday do not prevent evictions.
Zillow: Greater Hartford Listings Still Plummeting
August 10, 2020 | ReprintsNew listings increased slightly in the Hartford Area, but total inventory of for-sale homes and condominiums is still far below what it was last year, Zillow reports.
National Guard Joins Power Repair Efforts as Anger Mounts
By The Associated Press | August 10, 2020 | ReprintsThe Connecticut National Guard joined over 1,750 utility crews in Connecticut on Friday in efforts to clear trees and restore power to more than 82,000 homes and businesses still in the dark as of Monday, as frustration continued to grow over the pace of the response to Tropical Storm Isaias.
Evidence Signals Many Jobs Aren’t Coming Back
By The Associated Press | August 6, 2020 | Reprints | Unlock Link
Stark evidence of the damage the resurgent viral outbreak has caused the U.S. economy could come Friday when the government is expected to report that the pace of hiring has slowed significantly after a brief rebound in the spring.
Mortgage Credit Availability Up in July
August 6, 2020 | ReprintsMortgage credit availability increased in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association that analyzes data from Ellie Mae’s AllRegs Market Clarity business information tool.
Mortgage Refinancing Drops Despite Record Low Rates
August 5, 2020 | Reprints | Unlock LinkDespite record low mortgage rates, refinance activity across the country dropped last week, according to the Mortgage Bankers Association’s latest survey.
Rhode Island Added to CT Quarantine List
By The Associated Press | August 5, 2020 | Reprints | Unlock LinkTravelers from Rhode Island have been added to the list of those who must quarantine while staying in New York, New Jersey and Connecticut as some Northeast states begin to see signs of rising infections.
Nearly 1 in 5 of CT’s Poorest Homeowners Did Not Make Mortgage Payment
July 31, 2020 | Reprints | Unlock LinkA new National Association of Realtors analysis of on U.S. Census Bureau data has found the COVID-19 pandemic is hurting homeowners with limited income the most, and many are opting to simply not pay their mortgages.
Multifamily Permits Take Tumble in June
By James Sanna | July 31, 2020 | Reprints | Unlock LinkThe total number of housing units permitted in Connecticut in June dropped sharply last month despite a modest increase in the number of single-family homes OK’d.
Prominent Former Banker, Hartford Biz Leader Hit By Car Dies
By The Associated Press | July 30, 2020 | Reprints | Unlock LinkA two-time candidate for Connecticut governor and former leader of Hartford’s largest business group who was struck last week by a car while jogging in Pennsylvania has died.
Trump: ‘Suburban Dream’ Preserved by Revoking Fair Housing Rule
By The Associated Press | July 30, 2020 | Reprints | Unlock LinkPresident Donald Trump amplified a message in a tweet Wednesday that is growing into a central theme of his reelection campaign against Joe Biden: an assertion that crime and chaos would ravage communities should the former vice president win the White House in November.
How to Create a Video Tour
By Lew Sichelman | July 30, 2020 | Reprints | Unlock LinkBuyers these days go online to discover what’s available. And with the pandemic still very much a concern, they tend to visit the houses they find appealing by taking a virtual tour rather than an in-person look-see.
Malizia Joins Pearce Real Estate
July 29, 2020 | Reprints | Unlock LinkPearce Real Estate’s Milford office has a new staffer.
Sylvia Joins BHHSNE Glastonbury
July 28, 2020 | Reprints | Unlock LinkThe Glastonbury office of Berkshire Hathaway HomeServices New England has a new addition.
White House, Senate GOP Try Again on New Virus Relief Bill
By The Associated Press | July 27, 2020 | Reprints | Unlock LinkSuggesting a narrower pandemic relief package may be all that’s possible, the White House still pushed ahead with Monday’s planned rollout of the Senate Republicans’ $1 trillion effort as House Speaker Nancy Pelosi assailed the GOP “disarray” as time-wasting during the crisis.
HUD Revokes Obama Housing Regulation Aimed at Diversifying Suburbs
By The Associated Press | July 24, 2020 | Reprints | Unlock LinkThe Trump administration said Thursday that it is revoking an Obama-era housing regulation designed to eliminate racial disparities in the suburbs, a move that fair housing advocates have decried as an election year stunt designed to manipulate the fears of white voters.
Poll: Nearly Half Say Job Lost to Virus Won’t Return
July 24, 2020 | Reprints | Unlock LinkNearly half of Americans whose families experienced a layoff during the coronavirus pandemic now believe those jobs are lost forever, a new poll shows.
Flashpoints Emerge as Lawmakers Negotiate New Virus Aid
By The Associated Press | July 23, 2020 | Reprints | Unlock LinkBipartisan Capitol Hill talks have only just begun on a sweeping renewal of coronavirus legislation, but areas of likely agreement – and flashpoints of discord – are becoming apparent as the package starts to take shape.
OCC’s ‘Fix’ Weakens Anti-Redlining Law
By Lew Sichelman | July 23, 2020 | Reprints | Unlock LinkCommunity groups like the National Community Reinvestment Coalition, the California Reinvestment Coalition and legal oversight group Democracy Forward say the Trump administration has been keen on gutting the CRA.
New Yorkers Ditching City for Elbow Room Fuel Housing Boom
By The Associated Press | July 22, 2020 | Reprints | Unlock LinkIf the outbreak roars back in New York City, Anil and Joyce Lilly will not be sheltering again in their Bronx apartment. They just bought a house an hour north in the Hudson Valley.
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