Residential Real Estate
Home loan borrowing costs rose for the fifth straight week, keeping the average long-term U.S. mortgage rate at its highest level in more than two decades and taking another bite out of prospective homebuyers’ purchasing power.
According to a new report from the Consumer Federation of America, the ease with which people can become licensed in the realty field is shocking.
Berkshire Bank announced last week it had started a down payment assistance program for first-time homebuyers struggling to overcome the region’s high home prices and high interest rates that look set to continue for some time.
Two of the biggest brokerages in the country will no longer require their agents to be members of the National Association of Realtors following settlements they signed in a pair of lawsuits challenging broker commission and MLS access rules.
The Greater Hartford Association of Realtors is committed to moving forward with equity objectives top of mind, the association said.
Surging interest rates are intensifying the challenges for the U.S. economy and threatening to derail the Federal Reserve’s drive to tame inflation without causing a deep recession.
Toni Mickiewicz has moved on after 18 years with William Raveis and joined the Westport office of William Pitt Sotheby’s International.
Every homeowner who is considering hiring a contractor to do some work in or around their house should become familiar with the mechanic’s lien laws in their home state.
The highest mortgage rates in more than two decades are keeping many prospective homebuyers out of the market and discouraging homeowners who locked in ultra-low rates from listing their home for sale.
Amid fallout from a sexual harassment scandal at the very top of the National Association of Realtors and court cases that look set to force changes in buyer-broker compensation, one of the nation’s largest brokerages says it will require “many” of its agents to leave the group.
A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report says.
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An analysis of mortgage rate-lock data by economists at brokerage and listings portal Redfin says that demand for vacation homes ticked down again in August, and are lower than they’ve been since mid-2017.
William Pitt Sotheby’s International Realty announced one of its most prominent agents has launched a new team.
A new poll suggests a huge swath of the biggest generation in America right now see huge barriers to achieving homeownership for themselves.
The IRS announced Friday it is launching an effort to aggressively pursue 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes.
Despite a big jump in mortgage rates and very low inventory that’s pushing home prices higher, Greater Hartford remains one of the nation’s most affordable housing markets, a new report says.
Statewide median home sale prices are up again even as the total number of homes sold remains significantly below last year’s tallies.
Kenny Parcell has resigned his post after 19 NAR staffers and members accused him of sexual harassment in an investigation published Saturday.
North Haven’s Pearce Real Estate and Milford’s Houlihan Lawrence Wareck D’Ostilio Real Estate recently announced the arrival of new residential real estate agents to their respective ranks.