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...
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...
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%...
The National Association of Home Builders (NAHB) has called on Congress to address federal regulations that is blames for exacerbating the affordable housing shortage by raising costs of construction. In testimony before a hearing of the House Small Business...
Last month, 20.5% of homes nationwide – roughly one in five – sold for above their original list price, according to new data from Redfin (NASDAQ: RDFN). This is down from a 22.8% share recorded one year earlier. Nearly two-thirds of transactions (64.2%) were closed...
Ground has been broken on a new apartment development located near Cornell University in Ithaca, New York, that will serve Cornell graduate students, university affiliates, and the greater Ithaca community. The new Theory Ithaca project is developed by PeakMade Real...
