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...
Mortgage application activity slowed dramatically during the week ending Sept. 26, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 12.7% on a seasonally adjusted...
The National Association of Realtors (NAR) has warned that a prolonged shutdown of the federal government will imperil the National Flood Insurance Program (NFIP). NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies, which...
The typical starter home sold for a record $260,508 in August, a 2.2% year-over-year increase, according to new data from Redfin. In comparison, mid- and high-price home prices grew 1.4% and 2.7% over the same period, respectively, to near-record highs of $370,000 and...
The hospitality and branded residential company Four Seasons have teamed with developers Fort Partners and Merrimac Ventures to announce the creation of the Four Seasons Resort and Residences Telluride at the Colorado resort. The new project will consist of three...
A new program will distribute one-time $1,000 grants to eligible homeowners in Illinois’ Cook County who received significant property tax hikes. WTTW reports a new $15 million homeowner relief fund program has been set up to assist homeowners that experienced a...