Residential Real Estate
In the wake of nation-wide protests and, in some cases, clashes with police and looting, local and national figures in the real estate and banking industries have largely condemned the violence alongside the killing of a Black Minneapolis man, George Floyd, while in police custody.
Yale plans to push the end of its fall semester and final exams into an online-only mode, the university said in an open letter on its website.
Expanded free mobile testing for COVID-19, with no prescriptions required, has begun in several Connecticut cities. It’s part of the state’s effort to ramp-up testing of people living in densely populated areas to help keep tabs on possible flareups.
U.S. consumer spending plunged by a record-shattering 13.6 percent in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
In Connecticut, 16,584 filed, over 9,300 fewer than filed last week, according to the federal Labor Department, a significant drop continuing a trend of week-over-week declines since the state’s retail and hospitality sectors, among others, largely shuttered due to the coronavirus.
For all the personal and financial damage the coronavirus pandemic has caused, it has also given new impetus to what had been a slow-moving trend toward healthier homes. And it’s easy to see why.
In a sign that the spring market could soon take off, purchase mortgage applications across the country increased for the sixth consecutive week, according to the Mortgage Bankers Association’s latest survey.
With more than 38 million unemployment claims, the Republican response centers on kick-starting the economy to reduce the need for more federal intervention.
Another 26,000 Connecticut residents filed first-time jobless claims for the week ending May 16, bringing the total number of first-time jobless claims filed since March 15 up to just shy of 30 percent of the state’s March workforce.
Title companies are pulling out all the stops to get deals closed during the COVID-19 pandemic. But they say the best way to close – not just during the outbreak, but moving forward – is electronically.
Federal Reserve Chair Jerome Powell expressed optimism Sunday that the U.S. economy can begin to recover from a devastating recession in the second half of the year, assuming the coronavirus doesn’t erupt in a second wave.
Despite a call on Thursday by a group of Democratic state senators to delay plans to begin phasing out Connecticut’s COVID-19 restrictions next week, Gov. Ned Lamont said his administration is still moving ahead carefully toward the planned May 20 partial reopening of certain Connecticut businesses.
U.S. health officials on Thursday released some of their long-delayed guidance that schools, businesses and other organizations can use as states reopen from coronavirus shutdowns.
New and existing houses aren’t selling like they were prior to the pandemic. But people are still transacting.
Greater Hartford’s residential real estate market is showing initial signs it could be coming back to life, with new listings up significantly on a week-over-week basis on the high and low ends of the market.
Gov. Ned Lamont announced Tuesday – a day after Connecticut surpassed 3,000 coronavirus deaths – that he had replaced the public health commissioner, a change a state official said was made because of missteps dating to last year.
As President Donald Trump and many Republicans press to reopen the economy, some experts see an ominous risk: That a too-hasty relaxation of social distancing could ignite a resurgence of COVID-19 cases by fall, sending the economy back into lockdown.
The latest Mortgage Bankers Association survey shows the rate of mortgage loans going into forbearance slowed still further last week.
Unemployment in eastern Connecticut is soaring, despite relatively few cases of COVID-19 in the region, largely because the pandemic forced two giant casinos to suspend operations.
A pair of national polls, one of Realtors and the other of consumers, offer contrasting views of the housing market under the COVID-19 pandemic.