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Private Connecticut Island Relisted at Discount

Private Connecticut Island Relisted at Discount

by Phil Hall | Apr 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A private island in Connecticut has been relisted with a $250,000 discount. The Register Citizen reports Burr Island, also known as Jepson Island, is up for sale again at $1.05 million after being taken off the market last November. Burr Island is part of the Thimble...
Newberry Homes Enters Orlando Market with Six-Home Community

Newberry Homes Enters Orlando Market with Six-Home Community

by Phil Hall | Apr 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The custom builder Newberry Homes has broken ground on its first Orlando-based development with Six in the City, a community of six tandem single-family homes in the College Park neighborhood. Each of the six two-story homes will feature three bedrooms, two-and-half...
Lennar to Build 1,500 Colorado Homes with Geothermal Systems

Lennar to Build 1,500 Colorado Homes with Geothermal Systems

by Phil Hall | Apr 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The geothermal heating and cooling company Dandelion Energy announced a partnership with the homebuilder Lennar Corporation (NYSE: LEN, LEN. B) for the installation of Dandelion’s systems in more than 1,500 new Lennar homes to be built in Colorado over the next two...
Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021

Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021

by Phil Hall | Apr 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical homeowner’s annual insurance premium recorded an average increase of 24% from 2021 to 2024, according to a new report from the Consumer Federation of America. In comparison, the cumulative inflation increase over the same period was 13%. “From 2021 to 2024...
FBI Warns of Rise in Quit Claim Deed Fraud Across New England

FBI Warns of Rise in Quit Claim Deed Fraud Across New England

by Phil Hall | Apr 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Boston Division of the Federal Bureau of Investigation (FBI) has issued a warning to both property owners and real estate agents regarding what it dubbed “a steady increase in reports of quit claim deed fraud” across New England. The FBI noted that 58,141 victims...
Slowing in Refinance Drives Down Mortgage Application Activity

Slowing in Refinance Drives Down Mortgage Application Activity

by Phil Hall | Apr 2, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A slowing of refinance activity drove down the level of mortgage applications for the week ending March 28, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.6%...
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