by The Associated Press | Mar 15, 2024 | CR Daily, Industry News, Residential Real Estate
At the root of this problem: America failed to build enough homes for its growing population. The shortage strikes at the heart of the American dream of homeownership – dampening President Joe Biden’s assurances that the U.S. economy is strong.
by James Sanna | May 3, 2022 | CR Daily, Industry News, Residential Real Estate
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.
by James Sanna | Mar 30, 2022 | CR Daily, Industry News, Residential Real Estate
Demand for purchase mortgages appears to be holding steady even as interest rates rapidly rose to nearly 4.5 percent over the last month.
by James Sanna | May 27, 2021 | CR Daily, Industry News, Residential Real Estate
A new report from First American Financial Corp. suggests that housing affordability in Connecticut fell sharply in March.
by The Commercial Record | Apr 28, 2021 | Banking & Lending, CR Daily, Industry News, Residential Real Estate
Even as mortgage interest rates began to climb back from historic lows in February and the state’s single-family home prices jumped 22 percent, Greater Hartford area homebuyers saw their ability to buy homes improve.
by James Sanna | Apr 15, 2021 | CR Daily, Industry News, Residential Real Estate
It’s the biggest question in Connecticut real estate today: Will we ever get enough single-family inventory on the market to slow down massive price increases?
by The Commercial Record | Dec 29, 2020 | CR Daily, Industry News, Residential Real Estate
The super-sellers market in Greater Hartford is putting homes out of reach for an increasing number of potential buyers, a new study has found.
by The Commercial Record | Nov 19, 2020 | Coronavirus, CR Daily, Industry News, Residential Real Estate
The economic problems caused by the COVID-19 pandemic and social unrest sparked by racial injustice shows the need for national politicians to take housing issues seriously, a new report by prominent Harvard University housing scholars says.
by The Commercial Record | Mar 19, 2019 | CR Daily, Industry News, Residential Real Estate
Looking to buy a home for the first time? The Hartford market is a great place to start looking: the area was named the fourth-best market for first-time buyers in a new study.
by Kenneth R. Harney | Feb 14, 2019 | CR Daily, Industry News, Residential Real Estate
Are senior homeowners preventing Millennials from buying houses? Could the decisions of millions of older owners to “age in place” rather than sell their homes explain why Millennials are lagging behind in homeownership?
by The Associated Press | Jan 25, 2019 | CR Daily, Industry News, Residential Real Estate
Waterbury, New Britain, Bridgeport and New Haven are the top four cities for affordable homes in Connecticut, according to a new survey.