CT to See Hurricane Damage Boost, Report Says
As climate change warms the Atlantic Ocean, making hurricanes more powerful as they travel north, the Northeast will likely see an 87 percent increase in damage from hurricane winds, new research says.
Calm Before Storms? Hurricane Season Oddly Quiet So Far
In a state where valuable coastal real estate is increasingly at risk from storms and memories of Superstorm Sandy remain fresh, the prognosis for each year’s hurricane season is a subject of concern.
Could Coastal Mansions Become Eligible for Disaster Aid?
On an exclusive Connecticut peninsula, where signs warn outsiders to stay off private roads, eight multimillion-dollar homes with sprawling yards along Long Island Sound are poised to become eligible for taxpayer-funded disaster aid.
Mortgage Delinquencies Continue to Decline
Nationwide, 5.1 percent of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in October 2017, according to a report released by CoreLogic, a global property information provider.
Hurricanes Cause Delinquency Increase, But Overall Trend Remains Positive
Nationally, 5 percent of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in September 2017, according to a recent CoreLogic report.
Remodeling Spending Expected To Continue To Increase
Nationwide spending on residential remodeling is expected to continue to increase through the third quarter of 2018, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Fannie Mae’s Economic Forecast Unchanged By Hurricanes
The 2017 economic growth forecast remains unchanged at 2.2 percent following expected offsetting hurricane-related impacts to GDP growth in the third and fourth quarters, according to the Fannie Mae Economic & Strategic Research (ESR) Group’s October 2017 Economic and Housing Outlook.
