Mortgage rates increased for the second consecutive week, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2, up from last week when it averaged 6.30%. A year ago...
Nearly one in five homes carried a price reduction during September, according to new data from Realtor.com. Properties at the lower- and mid-tier and the South were the most likely to have lowered prices while luxury home prices remained steady. Homes priced between...
Luxury home sale prices were up by 3.9% year-over-year to a median $1.25 million, a record high for the month of August, according to new data from Redfin. Luxury home prices grew nearly three times faster than non-luxury home prices, which increased 1.4% to a median...
The real estate investment firm FCP has made its first foray into the Las Vegas market with the acquisition of The Avondale Apartments, a 560-unit community. Avondale comprises one-, two-, and three-bedroom residences in three-story buildings. Community amenities...
A 169-unit portfolio of Connecticut affordable housing complexes was sold for $39.7 million. The portfolio consists of the 10-story, 116-unit Kimberly Place in Danbury and the five-story 53-unit One Leonard in Norwalk. Both properties are set aside for senior...
Connecticut has become the first state to offer a free online tool that enables residents and businesses to assess their property’s risk from flooding, wildfires, and other weather-related catastrophes. The new tool, created in partnership by the Connecticut Insurance...
Senate Approves 21st Century ROAD to Housing Act
