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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.
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Grant will help bring affordable housing complex to Whalley Avenue in New Haven
New Haven will use a $7 million state grant to help build an affordable housing complex on Whalley Avenue.
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These are the 10 most expensive ZIP codes in the U.S.
In the wealthiest ZIP code in the U.S., a median priced home will cost you around $8 million.
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The top 10 cities where more renters want to live alone — 4 are in Texas
People in the U.S. are increasingly living alone. These cities saw fastest growth of solo renters between 2016 and 2021.
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These are the 10 most neighborly cities in the US—3 of them are in Utah
For the fourth year in a row, Neighbor.com ranked the most neighborly cities in America based on several factors, including low crime rates.
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Climate change and extreme weather could fuel another housing crisis
An estimated 39 million homes and businesses in the United States could soon face skyrocketing insurance premiums — if they can even find insurance coverage at all. That’s according to a new report from First Street Foundation, which warns that this “insurance bubble” could lead to a costly, widespread housing crisis coast-to-coast.
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New Haven residents speak out against housing conditions under management company
Residents, housing advocates and state and local leaders are gathering in New Haven to speak out against housing conditions under a management company that’s repeatedly fined for code violations.
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Landlord tries to evict members of local tenant's union during negotiations in New Haven
An out-of-state landlord with dozens of housing code violations is making a move to evict 15 members of a local tenant’s union in the middle of negotiations.
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Biden admin unveils $85 million funding to lower cost of housing, improve renter protections
The White House also announced that it was forming an inter-agency task force to develop ways to fund efforts to convert more commercial buildings to residential housing
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Managing the hot housing market
The president of Connecticut Realtors talks about recent changes to the housing market.
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Looking to buy or rent? Local realtors warn of fake listings
There’s a housing shortage and bad actors know it. So, if you’re looking to rent or buy a home, experts warn you to be very careful.
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Looking to buy or rent? Local realtors warn of fake listings
There’s a housing shortage and bad actors know it. So, if you’re looking to rent or buy a home, experts warn you to be very careful. Last week, NBC CT reporter Siobhan McGirl spoke with a Hartford woman who has spent two months searching for a place to live. So, when she found a listing online for a home...
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Home foreclosures are rising nationwide, with Florida, California and Texas in the lead
As the cost of living in the U.S. continues to climb, foreclosures are also on the rise.
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Low-Income Tenants Lack Options as Old Mobile Home Parks Are Razed
Mobile home parks are among the few affordable options that remain for extremely low-income people.