Berlin Real Estate News
Real Estate news for Berlin, CT continually updated from thousands of sources.
Thursday Jan 5 | via National Mortgage News
A second report on Connecticut's home sale market in November provided further evidence that the state may see its first annual price increase since 2013. The median sale price of a single-family house rose 3.9%, to $238,000 in November, compared with $229,000 for the same month a year ago, according to the report Wednesday from The Warren Group. Comment?
Nov 3, 2016 | via National Mortgage News
Home sales in Connecticut dipped in September after months of year-over-year increases, but prices registered a gain, a new report Wednesday shows. The median sale price of a single-family house rose 2.3 percent in September, to $250,000, compared with $244,400 for the same month a year ago, according to The Warren Group, which tracks real estate trends in New England and publishes The Commercial Record. Comment?
Jul 28, 2016 | via National Mortgage News
Home sale prices in Connecticut got a modest but welcome bump-up in June amid higher sales, a new report Wednesday shows, a sign that buyers are clearly in the market yet unwilling to pay too much for a house. The median sale price of a single-family house in Connecticut rose 1.5% in June to $269,000, compared with $264,900 a year ago, on a 4.1% rise in sales, according to the report from The Warren Group, which tracks real estate trends in New England and publishes The Commercial Record. Comment?
2 hrs ago | via The Wichita Eagle
With its high cost of living and proximity to New York City, young people across southwestern Connecticut say they're feeling the economic pressures prompting them to live with their parents. Many say they have plans to cut out on their own, but the future is uncertain. Comment?
Yesterday | via Ctnewsjunkie.com
Connecticut's economy is slowly regaining confidence or its gotten lucky with collecting one-time revenue and business taxes. That's the two interpretations of the latest revenue projections from state budget analysts. Comment?
Wednesday Jan 4 | via Darien News-Review
A house for sale on the westside area of Danbury in this 2015 file photo. Home sales in Connecticut rose in 2016 compared to 2015. Comment?
Monday Jan 2 | via Ctnewsjunkie.com
A task force charged with improving access to legal assistance to the state's poorer residents has come up with a litany of recommendations to address the problem - and some suggestions on how to pay for their initiatives. In the judicial system low-income residents who are accused of committing a crime are able to receive the assistance of a public defender, but if a poor resident is unable to get an attorney to take their civil matter on a contingency fee, then they are generally unable to pursue their claims. Comment?
Thursday Dec 29 | via The Washington Post
The world's largest trading floor is just up the street from the train station in Stamford, Connecticut. It was built in the mid-1990s for Swiss Bank Corp., and now covers 103,000 square feet. Comment?
4 min ago | via The Chronicle Herald
Long-term US mortgage rates marked their third week of declines this week, after snapping a nine-week run of increases. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans fell to an average 4.09 for all of 2016, the lowest level recorded from records going back to 1971. Comment?
7 min ago | via The Mecklenburg Times
Homeowners in predominantly black communities are twice as likely to be underwater on their mortgages as homeowners in mostly white communities, according to a new Zillow analysis. Nationally, the negative equity rate in the third quarter of 2016 was 10.9 percent. Comment?
7 min ago | via BBC News
President-elect Donald Trump's choice for treasury secretary, Steven Mnuchin, is defending his record at a Senate confirmation hearing. In an opening statement, he rejected claims his OneWest Bank was a "foreclosure machine" that ruined lives during the housing crash. Comment?
9 min ago | via World News Report
The securities, as detailed in ANNEX A, will be withdrawn from trading effective Feb. 15, 2017. The clearing and settlement of the relevant securities will not be affected by the delisting. Comment?
11 min ago | via Common Dreams
Former Goldman Sachs partner Steven Mnuchin , who President-elect Donald Trump wants to run the U.S. Treasury Department, sits for his confirmation hearing before the Senate Finance Committee on Thursday-one day after Sen. Elizabeth Warren accused him of "grinding families into the dirt" during his time at the helm of " foreclosure machine " OneWest Bank. Under Mnuchin's leadership, OneWest foreclosed on more than 36,000 California families and 24,000 additional households around the country, according to a study of banking data by the Urban Strategies Council, an Oakland-based anti-poverty organization, and the California Reinvestment Coalition, an advocate for low-income areas and communities of color. Comment?
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