by Sam Minton | Jan 7, 2025 | CR Daily, Digital Edition, Industry News, NEFMA Awards, People, Residential, Residential Real Estate, Westchester News
While Greater Boston jumped 10 spots in Zillow’s hottest markets rankings compared to 2024, the market was still outpaced by the likes of Hartford and Providence, Rhode Island.
by James Sanna | Jan 6, 2025 | Commercial & Industrial, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
The new owners of an office building near North Haven’s town green are eyeing a residential conversion, according to the brokerage in the sale.
by The Associated Press | Jan 6, 2025 | Banking & Lending, Digital Edition, Industry News, NEFMA Awards, Westchester News
The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump administration and Republicans in the Senate.
by James Sanna | Jan 3, 2025 | Banking & Lending, CR Daily, Industry News, NEFMA Awards, Westchester News
Guggenheim Partners is moving to a prominent downtown Stamford office building.
by James Sanna | Jan 3, 2025 | Banking & Lending, Industry News, NEFMA Awards, People, Residential, Residential Real Estate, Westchester News
A Michigan mortgage lender paid a $50,000 fine to the Connecticut Department of Banking and has agreed to stop doing business in the state after breaking state lending laws.
by Sam Minton | Jan 2, 2025 | Commercial & Industrial, CR Daily, Industry News, NEFMA Awards, Westchester News
While nationwide renters are staying in their homes at an increasing rate, Hartford is bucking the trend.
by The Associated Press | Jan 2, 2025 | CR Daily, Industry News, NEFMA Awards, People, Residential, Residential Real Estate, Westchester News
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages.
by The Commercial Record | Dec 31, 2024 | Digital Edition, Industry News, NEFMA Awards, Westchester News
Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices. Here are some of the trends – and dead ends – that The Associated Press tracked in 2024.
by The Commercial Record | Dec 24, 2024 | CR Daily, Digital Edition, Industry News, NEFMA Awards, People, Residential, Residential Real Estate, Westchester News
A new analysis of data found that New Haven homeowners are among the most burdened by tax and insurance payments in the country.
by The Associated Press | Dec 24, 2024 | Banking & Lending, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
A recent survey shows small business owners are feeling more optimistic about the economy following the election.
by The Associated Press | Dec 23, 2024 | CR Daily, Industry News, NEFMA Awards, People, Residential, Residential Real Estate, Westchester News
The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to the 1970s grapples with mounting losses and cash flow shortages.
by James Sanna | Dec 23, 2024 | Banking & Lending, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
The former general counsel of Stamford-based Webster Bank pleaded guilty in federal court Friday to charges he embezzled millions of dollars from several banks in Connecticut and New York.
by James Sanna | Dec 20, 2024 | Commercial & Industrial, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
A New Haven apartment complex has sold to a local investor for $10.25 million.
by Sam Minton | Dec 20, 2024 | Banking & Lending, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
American bank customers’ trust in national banks has grown, providing yet another challenge for local and regional banks looking to acquire new customers and deposits.
by The Associated Press | Dec 19, 2024 | Banking & Lending, CR Daily, Industry News, NEFMA Awards, Westchester News
As expected, the central bank made a quarter-point cut in its benchmark interest rate Wednesday, but signaled fewer cuts in 2025 than previously predicted.
by James Sanna | Dec 19, 2024 | CR Daily, Digital Edition, Industry News, NEFMA Awards, People, Residential, Residential Real Estate, Westchester News
According to a new ranking by listings portal Zillow, Connecticut has four of nation’s 10 most-trafficked local housing markets of 2024.
by The Associated Press | Dec 17, 2024 | Banking & Lending, CR Daily, Industry News
Americans hoping for lower borrowing costs for homes and investments may be disappointed after this week’s Federal Reserve meeting.
by Sam Minton | Dec 17, 2024 | CR Daily, Industry News, Residential Real Estate
Older Americans are more likely than younger Americans to buy homes in places with significant climate risk. according to a new report from Redfin.
by James Sanna | Dec 16, 2024 | Commercial & Industrial, CR Daily, Industry News
The Hartford Courant newspaper’s former offices are headed for auction after three years of being up for sale with no takers.
by Sam Minton | Dec 16, 2024 | Banking & Lending, CR Daily, Industry News
According to a securities filing, the holding companies of Berkshire Bank and a Massachusetts multi-bank holding company are planning to join forces in a merger of equals.