Just before Congress headed out for summer vacation this week, a Senate committee started something that’s likely to prove important to thousands of homeowners and buyers across the country: Extensions for popular but expired tax benefits for energy-efficient home improvements, mortgage-debt forgiveness and deductions of mortgage-insurance premiums.
Realtytrac appointed real estate data licensing veteran Richard Lombardi as executive vice president and general manager to lead its data and file licensing business.
Coldwell Banker Residential Brokerage in Connecticut and Westchester County, New York, has relocated its headquarters to Danbury.
Connecticut single-family home and condo sales rose by double digits in June, marking the fifth consecutive month of increases, according to the latest report by The Warren Group, publisher of The Commercial Record.
The Connecticut Housing Finance Authority (CHFA) accelerated a recent bond sale when its offering was oversubscribed, the agency said recently.
John Herman became an exclusive buyer’s agent when the field was still in its infancy. Twenty years later he’s grown to an office of five focused on representing homebuyers primarily in central and western Connecticut.
Could a little-noticed policy change by giant mortgage investor Fannie Mae help homeowners who’d like to move but can’t because they’re underwater – they owe more to the bank than the likely selling price of their houses? Could it help you?
The Federal Reserve is expected on Wednesday to point to a growing U.S. economy and stronger job market as it sets the stage for a possible interest rate hike in September.
Hartford has been named one of the healthiest housing markets among America’s biggest cities, according to a WalletHub report.
Connecticut voters support changing the mortgage interest deduction, addressing homelessness and creating more affordable housing, according to results from a recent state poll from the National Low Income Housing Coalition (NLIHC) and the Connecticut Housing Coalition.
New U.S. single-family home sales fell in June to their lowest level in seven months and May’s sales were revised sharply lower, in what appeared to be a minor setback for the housing market recovery.
Colliers worked on behalf of the developer, Post Road Residential Inc., to secure $43 million in construction financing from PNC Bank for the 235-unit luxury multifamily complex, and joint venture equity capital from an affiliate of The Carlyle Group.
Joanne Breen began her career as a teacher in Glastonbury public schools and took a break for the birth of her son. When she returned to the workforce three years later, she changed course and “fell into” a job as a Realtor. It turned out to be a good long-term fit, and Breen’s commitment to the industry has steadily increased over the years. The broker-owner of ERA Sargis-Breen Real Estate Co. in Newington, Breen is president-elect of the Greater Hartford Association of Realtors (GHAR), a post she assumes in January. Breen has been active in the organization in a wide variety of leadership positions over the past two decades. The organization covers a 57-community territory and has more than 4,000 members.
How fast should your house sell once you put it on the market? Within a week? A few weeks? A couple of months? Longer? New research suggests that not only are typical selling times declining in the current bull market for housing, but they may have hit record lows.
U.S. home resales rose in June to their highest level in nearly eight and a half years, a sign of pent-up demand that should buoy the housing market recovery and overall economy.
Investment sales broker Northeast Private Client Group (NPCG) on Friday announced the sale of two multifamily properties located in Cheshire and Greenwich for a total of $2.9 million.
U.S. housing starts rebounded strongly in June and building permits surged to a near eight-year high, pointing to a rapidly strengthening housing market.
The Connecticut Housing Finance Authority (CHFA) announced plans today to sell $161 million in tax-exempt bonds on July 22. The money raised from the sale will fund the authority’s single-family mortgage program.
Cash sales accounted for 33.7 percent of total home sales in April, down from 37.4 percent in April 2014, according to CoreLogic data.
Closed sales of single-family homes in Greater Hartford increased 11.67 percent in June, rising to 1,196 from 1,071 during the same month last year, according to the Greater Hartford Association of Realtors (GHAR).
