Real Estate

Saint-Gobain directed to provide bottled water to 400 N.H. homes & businesses

Saint-Gobain directed to provide bottled water to 400 N.H. homes & businesses

New Hampshire environmental regulators have directed Saint-Gobain Performance Plastics Corp. to provide bottled water to 400 homes and businesses and cleanup groundwater contamination around its factory in Merrimack.

The state Department of Environmental Services said Saint-Gobain is liable for providing bottled water as well as for cleanup because its use of perfluorooctanoic acid (PFOA) contaminated underground water within a one-mile radius of its Merrimack plant.

Unclaimed property letters are fraudulent: Maine treasurer warns

Unclaimed property letters are fraudulent: Maine treasurer warns

Issuing a warning about a sweepstakes scam, Maine Treasurer Terry Hayes has declared that letters stating unclaimed properties or sweepstakes winnings are not being sent by the state treasurer’s office, as the letters claim.

Several Maine residents reported that they received letters marked as coming from the National Association of Unclaimed Property Administrators and the Office of the State Treasurer.

Maine home sales jump more than 13% in January

Maine home sales jump more than 13% in January

Sales of residential properties in Maine jumped in volume as well as median price in January 2016 over the corresponding month of the previous year, beating national trends, fresh data revealed.

The Maine Association of Realtors' subsidiary Maine Listings reported an increase of 13.5 per cent in January sales from the same month of 2015. The number of homes sold jumped from 783 sales to 889.

The median sale price of homes jumped 9.7 per cent to $175,500. Statewide sales activity for the 3-month period ending

Housing Market witnesses strength

Housing Market witnesses strength

Residential real-estate market is improving as home prices in 20 US cities have increased at a faster pace in the year ended in January.

On Tuesday, the S&P/Case-Shiller home price index unveiled that property values increased 4.6% from January 2014, considered to be the biggest gain since September. It is estimated that shortage of supply with further increase home prices this spring as demand is increasing due to rising rents.

Decline in Prices Weakens China Property Recovery

Decline in Prices Weakens China Property Recovery

China's property market has shown a fragile recovery due to the rise in the new-home prices of only one of 70 cities that were followed up by the government in January. China has faced the biggest year-on-year decline ever.

As per the data collected from the bureau of statistics on Tuesday, the prices have shown a decline in 64 cities, in comparison to 65 in December, whereas it remained unchanged in 4 cities.

Foreclosure Filings dropped in 2014

Foreclosure Filings dropped in 2014

On Thursday, a report released by Irvine, California-based real estate data firm RealtyTrac revealed that in 2014, foreclosure filings nationwide were at their lowest level since 2006. According to the report, foreclosure filings were down by about one million properties compared to the recession period.

As per the housing data and analytics provider, there were about 1,117,426 total filings in 2014, which is down by 18%, but still an increase of about 400,000 since the housing boom of the last decade began to go bust.

Best Refinance Mortgage Rates Available Now

Best Refinance Mortgage Rates Available Now

Standard 30 year fixed rate mortgages interest rates have been listed at about 3.830% at PHH Mortgage. The interest rates have been carrying APR of approximately 4.020%. The shorter term, 15 year fixed rate loans interest rates have been published at about 3.170% and APR was about 3.501%.

Adding to that, fixed mortgages interest rates of 10 years have been published at about 3.000% at bank today and with an APR of about 3.478%. Interest rates for 20 years loan have been published at about 3.650% with an APR of about 3.912%.

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