Residential Real Estate
The share of consumers who think it’s a less-than-optimal time to buy or sell a home keeps ticking upwards as interest rates rise and housing affordability drops.
Democrats’ compromise of health care, climate change and deficit-reduction strategies is paid for largely with new corporate taxes, including a 15 percent minimum tax on big corporations to ensure they don’t skip out on paying any taxes at all,
The average long-term U.S. mortgage rate fell below 5 percent for the first time in four months, days after the Federal Reserve jacked up its main borrowing rate in an aggressive effort to get inflation under control.
At the same commission rate, real estate agents who sell an $800,000 house receive eight times the compensation of those who sell a $100,000 home. But does it take eight times the effort to sell the more expensive property?
Connecticut’s median single-family home price set yet another record for the month of June when it hit $385,000 according to The Warren Group, publisher of The Commercial Record
It’s not just ability to pay that helps knock less-well-off buyers out of the housing market as prices and mortgage interest rates climb through the roof.
The tea leaves are lining up in favor of homebuyers who can afford today’s higher mortgage rates.
Mortgage applications were down for the fourth week in a row nationwide, according to the Mortgage Bankers Association, as interest rates and rising home prices continued to push many out of the market.
With demand from people relocating to more sun-drenched markets thanks to an ability to work remotely already fading, many Sun Belt metros face a growing risk of seeing a downturn in their housing markets, according to a new analysis.
Millennials who move far from childhood homes are a distinct minority among others who reached adulthood in the 21st century, according to a new study by the U.S. Census Bureau and Harvard University researchers released Monday.
Experts say that a 2008-style housing crash is unlikely to happen now, if only because lending standards are much tighter than they were prior to the Great Recession. Still, foreclosures are starting to tick upward.
Connecticut’s major urban regions were short nearly 20,000 homes to meet current residents’ immediate needs right before the pandemic, a new study claims.
Calculating people are always looking for ways to separate the rest of us from our money. Such, it appears, is the case with Home Title Lock, an outfit that promises to “protect” you from home title theft.
Brokerage Douglas Elliman Realty announced the launch of a new “personal assistant” service for buyers that it said would help its agents build stronger relationships with their traditionally high-end clients.
A new report from Redfin suggests another way higher mortgage interest rates are taking their toll on the housing market: more homebuyers bailing on purchases.
Three out of four homebuyers start their house hunt online. But if that’s the extent of your search, you could be missing out on any number of places that fit your parameters.
In each of Connecticut’s three biggest metro areas, home prices have risen so far not only is renting far cheaper than buying the median home, that home is out of reach of the majority of buyers.
Some sellers have a good reason for not wanting one. But for most people, “For Sale” signs are a 24-hour marketing tool that shouldn’t be ignored, even as house hunts mostly start online.
Facebook will change its algorithms to prevent discriminatory housing advertising and its parent company will subject itself to court oversight to settle a lawsuit brought by the U.S. Department of Justice on Tuesday.
A proposal for the town of Darien to make a bid on a large, waterfront estate has passed a key checkpoint.