Fairfield Real Estate News
Real Estate news for Fairfield, CT continually updated from thousands of sources.
Monday Jul 25 | via New Canaan News-Review
Carolyn Gould a real estate agent from Long Island, N.Y., walks through a house in Old Greenwich as part of a bus tour put together by Douglas Elliman Real Estate last year. Second-quarter home sales in Fairfield County reached their highest level in a decade, according to a new report from Elliman. Comment?
Wednesday Jul 13 | via News Times
Sue Stone in May 2015 at 1516 Riverbank Rd in Stamford, Conn., with the property once owned by Grey Goose importer Sidney Frank. A year later, Bob and Sue Stone sold the home for $1.9 million to Abraham and Katherine Tatosian. Comment?
Jun 27, 2016 | via National Mortgage News
According to Fitch Ratings' U.S. sustainable home price model, home prices in Connecticut were 21 percent overvalued in 2000. That same model now shows they are 19 percent undervalued. Comment?
Jun 23, 2016 | via Greenwich Citizen
Cerberus Capital Management is buying General Electric's GE Money Bank consumer finance operations in France that at last report employed 750 people, with the deal announced June 23, 2016. Cerberus Capital Management is buying General Electric's GE Money Bank consumer finance operations in France that at last report employed 750 people, with the deal announced June 23, 2016. Comment?
Jun 23, 2016 | via TheStreet.com
General Electric has struck a deal with Cerberus Capital Management for the sale of French consumer credit business GE Money Bank , as the Fairfield, Conn. conglomerate continues to unwind its financial businesses. Comment?
Thursday | via Fairfield Citizen-News
A single-family home on Adam Road in New Canaan for sale by William Raveis. Single-family home sales in Connecticut saw a bump during the month of June, according to a new report from The Warren Group. Comment?
Wednesday Jul 27 | via JD Supra
One of the plethora of new procedures enacted in the 2016 General Assembly's legislative session is a concept which is being dubbed a "judgment of loss mitigation." The procedure seems straightforward at first a lender can seek to have the Court approve a modification of a mortgage loan and sanction the mortgagee's priority over any other encumbrances of record or it can approve a conveyance of all interest of the mortgagor to the mortgagee within the new statutory structure. Comment?
Tuesday Jul 5 | via Inman
According to the CoreLogic U.S. Home Price Insights Report, home prices, including distressed sales, are up 1.3 percent month-over-month, and up 5.9 percent year-over-year. CoreLogic predicts that June's home prices, including distressed sales, will rise 0.8 percent month-over-month and 5.3 percent year-over-year. Comment?
Jun 28, 2016 | via National Mortgage News
The Connecticut Housing Finance Authority intends to offer up to $63 million in fixed-rate bonds on Tuesday and $23 million as variable rate on July 13. Both offerings are tax-exempt. Proceeds will finance four affordable multifamily rental developments: Kensington Square I in New Haven, Pine Tree Apartments in Fairfield, The Lofts at Ponemah Mills in Norwich and Zbikowski Park in Bristol. Comment?
Jun 24, 2016 | via Connecticut Post
The housing crisis in America is a volatile one. While homeowners are typically thought to be in better shape, many are still hitting a wall - or in this case, having that wall taken away. Comment?
29 min ago | via Iol.co.za
The patient had made an appointment to see the surgeon at his consulting room in the local hospital, but when he arrived, he told Dr Antonio Carbonell he wasn't actually unwell. He wanted to talk about his mortgage. Comment?
35 min ago | via The Orange County Register
With back to school supplies lining the aisles of the local Target, Walgreens, and Staples stores, you might want to pick up some extra erasers if you're getting ready to sell your house. While the pencil erasers may take some marks off your kid's bedroom walls, you may need a broader range of supplies to erase all the features that might not appeal to buyers. Comment?
1 hr ago | via Sify
The negative impacts of Brexit have already started hitting the British economy as British Lloyds Banking Group on Friday announced, that it is cutting 3,000 jobs and shutting 200 branches, as the lender braces for a cut in interest rates following Britain's exit from European Union. British Lloyds Banking Group, partly state-backed bank said, it will extend the cost-cutting programme which was announced in 2014, and the "expected lower for longer interest rate environment" will see the new cuts come into effect by the end of 2017. Comment?
1 hr ago | via Marietta Times
Tim Aiken, president and CEO, Union Bank, Inc., announces that Jeremy M. Webb has accepted the position of vice president, commercial loan officer and business development officer, in the Marietta Loan Production Office, located in the Kroger Plaza. Webb has several years of commercial banking experience, most recently as assistant vice president and business development officer for First Neighborhood Bank in Parkersburg. Comment?
1 hr ago | via Lewistown Sentinel
William P. Hayes, chairman, president and CEO of Kish Bank and Kish Bancorp, has announced unaudited financial results for the period ending June 30, 2016. "I am especially pleased to note the continued growth in the loan portfolio, which increased $36 million, or 8.4 percent, compared to this time last year," Hayes said. Comment?
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