In the wake of the Federal Reserve’s decision to move forward with its long-hinted-at half-percent interest rate hike, two leading real estate industry economists said they don’t expect the rocket-like rise in mortgage rates to continue much longer.
By three different measures, the cost of buying a home in America is going through the roof – so high that one analysis says housing affordability is the worst it’s been since 2006.
State grants are helping a Darien wealth management firm relocate to Stamford and expand its physical footprint, Gov. Ned Lamont’s office said in an announcement.
Waterbury’s struggling Brass Mill Center and the neighboring Brass Mill Commons retail center fetched a combined total of nearly $45 million last week after the former owners decided to sell.
A prominent piece of New Haven’s skyline attracted a cross-border investor earlier this month.
Hartford’s mayor formally proposed a major cut to the city’s highest-in-Connecticut property tax rate, part of a plan intended to lure more development.
International mall operator Unibail-Rodamco-Westfield has announced it plans to exit the United States market and focus on its holdings elsewhere around the globe.
A team of researchers at the Federal Reserve Bank of Dallas issued a stark warning last week that American home prices “are again becoming unhinged from fundamentals.”
A large Simsbury apartment complex has traded hands for $48 million, according to town property records.
Demand for purchase mortgages appears to be holding steady even as interest rates rapidly rose to nearly 4.5 percent over the last month.
Monthly housing permit figures released by state officials last week suggest Connecticut’s housing production is off to a strong start in 2022.
Compass has dethroned the competition to become the top residential real estate company by sales volume, according to real estate consulting firm T3 Sixty’s annual Real Estate Almanac report.
An industrial property in Hampden has traded hands for $2.17 million.
Demand for second-home mortgages took a nosedive in February, a new report says.
Manchester officials hope to attract a new developer to turn the troubled Parkade site into a “high-quality” mixed-use neighborhood.
The era of low mortgage rates appears to be over.
Hartford Mayor Luke Bronin wants to shed his city’s crown as the place with the highest property tax rate in the state.
A private island in Branford has sold for $3 million.
Officials in Connecticut’s largest city are hoping to find developers to remake a pair of long-blighted sites at the entrance to their once-benighted downtown.
So many people moved last year, they caused the overall median length of tenure in an American home to stay nearly constant, according to new research published by Redfin this morning.
