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Here's what the Trump presidency could mean for the housing market, experts say
Donald Trump wants to address the housing shortage in the U.S. But some of his promises might be hurdles in the way.
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Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.
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The ‘huge mistake' 1 in 13 homeowners are making with their money
More and more homeowners are skimping on insurance, despite the financial risks.
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Housing advocates meet to try and tackle problems in CT
Housing advocates from across Connecticut are meeting to try and find ways to tackle issues such as surging housing prices and high interest rates.
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Housing advocates push for money, reforms
Karoline Ashford used to live in New London public housing and feels like she won the lottery when she was accepted into the Bayonet Apartments. “It’s much better for your mental health. You feel better and you feel like a person,” Ashford said. Bayonet Appartments is a 28-unit mixed-income development built by Eastern Connecticut Housing Opportunities. CEO Julie Savin...
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Middle-class homeowners are increasingly squeezed by housing costs
One in four middle-income new homeowners — twice as many as a decade before — are buying into cost-burdened situations, according to NBC News.
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Face the Facts: New affordable housing project to serve as example in Waterbury
Affordable housing is a touchy subject in a number of Connecticut communities, but a new project in Waterbury could serve as a model for other municipalities.
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You're not ‘throwing away money' on rent, says self-made millionaire: ‘I've made more renting than I would owning'
You aren’t wasting money by renting, says self-made millionaire. In fact, it can be a smarter financial move than buying.
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Homebuying is hard in these counties that could decide the election, but it's harder in the U.S. overall
Homes are getting less affordable for buyers all over the country — including in places where the 2024 presidential race could be decided.
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From Raleigh to Fort Worth: Top 10 renter-friendly cities in America
ApartmentAdvisor analyzed 98 major cities across the U.S. to rank the most renter-friendly.
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Facebook page offering Section 8 housing is fake, state agency says
The Connecticut Housing Finance Authority was alerted Wednesday to a Facebook page posing as the agency and asking people input their personal information for a purported waitlist for Section 8 housing.
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What to expect from the housing market in the second half of 2024, according to real estate experts
While one expert points to signs of improvement in the housing market, others say more listings and lower interest rates won’t counteract higher home prices.
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These are the 10 most ‘unaffordable' cities in America—Los Angeles is No. 1
Creditnews Research ranked the cities by the percentage of neighborhoods within reach for the typical married-couple household to buy a home.
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CT senator says more needs to be done to prevent rental price fixing
Rents prices continue to skyrocket in Connecticut and U.S. Sen. Richard Blumenthal said software is part of the problem. He said landlords are able to control markets by using software that allows them to see how far they can raise their rents without losing tenants. “These kinds of price-fixing cartels ought to be banned,” Blumenthal (D-Conn.) said during a…
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CT senator says more needs to be done to prevent rental price fixing
Some landlords are using software to help come up with rent prices, but Sen. Richard Blumenthal says those programs essentially allow them to control the market together, and he wants to stop it.
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Biden to target ‘rent gouging' landlords, as high housing costs factor into 2024 race
February’s 0.4% rise in consumer prices was driven largely by housing and energy costs.
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Home buyers to be spared automatic broker commissions under new $418 million settlement
The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ longstanding automatic commissions, commonly of up to 6% of the purchase price.
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Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It's not just due to high mortgage rates
While mortgage rates remain elevated for potential homebuyers, factors outside borrowing costs are keeping housing unaffordable for many, experts say.
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Here are the top 10 hottest housing markets in 2024 — and why you may consider other options
Here are the top 10 “hottest housing markets” for 2024. However, homebuyers should consider that “market heat” means more competition, an expert says.
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Advocates working with New Haven to get heat to tiny structures housing residents
Advocates for the homeless are working with New Haven city officials to figure out a plan to get heat to tiny structures housing people on a single property in the city.