Residential Real Estate
A new Redfin report on mortgage-rate lock data from analytics firm Optimal Blue says the summer slowdown in demand for second homes definitively reversed, rising to 60 percent above pre-pandemic demand levels. Demand bottomed out in July at 40 percent above pre-pandemic demand.
For the next 60-odd days, some homebuyers have an unusual opportunity to find financing at a tad lower cost.
It’s been common knowledge since mid-2020 that Millennials were the big reason the nation’s housing market has been going haywire.
The town of Cromwell must pay $5.2 million in damages to group home operator Gilead Community Services for violating the Fair Housing and Americans with Disabilities acts.
The desktop appraisal process that was temporarily implemented at the start of the pandemic will become permanent, the Federal Housing Finance Agency said yesterday.
William Raveis Inc. has launched a new service it says will help buyers compete with all-cash offers in an incredibly tight real estate market.
Boston-based financial technology firm DepositLink has joined the eXp Partner program, making its real estate payments platform available to eXp Realty’s network of agents.
Federal Reserve officials are signaling moves that could send mortgage interest rates up next year, potentially curtailing strong housing demand.
The number of houses for sale is beginning to increase, bidding wars are not as prevalent, and the housing sector is moving into what are normally the slower fall and winter months. So, sellers need to be doing more to attract the attention of would-be buyers.
Jacqueline Zoeller, a real estate agent affiliated with Coldwell Banker Realty in Greenwich, has been named to the Coldwell Banker 30 Under 30 list for 2021.
Arruda Real Estate, an 18-agent brokerage with offices in Mystic and Plainfield, is merging with William Pitt Sotheby’s International Realty, the larger brokerage said in a statement Monday.
Nowhere is this criminal enterprise more prominent than in real estate, both residential and commercial. And a new report says America has become a “safe haven” for this kind of money laundering.
Many of 2021’s buyers started their homebuying process with an online search for homes for sale, according to a new report by the National Association of Realtors.
Flood insurance premiums figure to increase for thousands of Connecticut residents when the federal government implements a new rate system, some by as much as $100 per month — but most by up to $10 monthly.
A little-known but highly effective legal group is working on drafting model legislation that would help property owners remove discriminatory, restrictive covenants from their deeds.
You’re not imagining it: Home in the Northeast values have jumped by their biggest percentage over the last 12 months according to the S&P CoreLogic Case-Shiller Home Price Index.
A pair of developers have begun construction of a mixed-income residential community at the former Torrington Manufacturing Co. site on the Naugatuck River.
West Hartford Century 21 Clements Group real estate agent Wendy Chmielewski-Giordani has been honored with the brokerage’s Relentless Agent Award, one of three winners nationwide for the first quarter of 2021/.
A Countryside Realty agent is moving to Berkshire Hathaway HomeServices New England Properties.
New data from the Mortgage Bankers Association shows national demand for purchase loans is strengthening to levels last seen in April, a sign the summer’s dip in housing demand could be only temporary.