Hanover Real Estate News

Hanover Real Estate News

Real Estate news for Hanover, CT continually updated from thousands of sources.

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  • A move to ban many vacation rentals in New Orleans

    12 min ago | via The Virginian-Pilot 

    A ban on "whole home" short-term vacation rentals in New Orleans was proposed Thursday by a City Council member, a move long-awaited by critics who say investors were helping drive up housing costs and marring the character of historic neighborhoods by buying up properties and renting them to out-of-towners. Kristen Gisleson Palmer's measure had also been awaited with dread by some property owners who own short-term rental properties.

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    Related Topix: Housing, Travel

  • B.C. home sales, average prices drop in November: BCREA

    14 min ago | via Richmond News 

    Home sales across B.C. fell by just over 33 per cent in November compared with one year ago, to 5,179 resale transactions, according to figures released December 14 by the B.C. Real Estate Association. That's a drop of more than 19 per cent in the month since October, as the market also cooled for the winter season.

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    Related Topix: Housing, Mortgage, Home, Mortgage, Personal Finance

  • The Latest: Airbnb bashes New Orleans' proposed rest...

    19 min ago | via The Virginian-Pilot 

    The Latest on a proposal to ban short-term rentals of non-owner-occupied houses in New Orleans : Airbnb says a proposal in New Orleans to ban short-term rentals of whole homes that are not owner-occupied would "devastate" some city residents who depend on the income. New Orleans City Council member Kristen Gisleson Palmer released the proposal Thursday.

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    Related Topix: Housing, Travel

  • Is this Fed fight round over?

    1 hr ago | via The Miami Herald 

    Federal Reserve Board Chairman Jerome Powell speaks during a Rural Housing Assistance Council Awards Reception, on Dec. 6, 2018 in Washington, D.C. For the past year, the Fed has been fighting to get its target interest rate back into what it considers a more normal range and cut back on its massive portfolio of mortgage-backed bonds. Federal Reserve Board Chairman Jerome Powell speaks during a Rural Housing Assistance Council Awards Reception, on Dec. 6, 2018 in Washington, D.C. For the past year, the Fed has been fighting to get its target interest rate back into what it considers a more normal range and cut back on its massive portfolio of mortgage-backed bonds.

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    Related Topix: Financial Markets, Personal Finance, Mortgage, Mortgage, Home

  • Half of all mortgages are stretching new owners to t...

    1 hr ago | via Daily Mail 

    A record 47 per cent of mortgages in the third quarter of 2018 went to customers on what the Bank of England calls 'high loan to income multiples' New figures from the Bank of England reveal unprecedented numbers of borrowers are taking on what critics fear are dangerously high levels of debt in a rush for ultra-cheap loans. Banks are offering two-year fixed rate mortgages at a record-low average of 3.54 per cent interest for customers with a deposit of just 5 per cent.

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    Related Topix: Personal Finance, Mortgage, Mortgage, Home

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