Residential

The Big Apple has become increasingly tastier for Russians in search of U.S. real estate
The Big Apple has become increasingly tastier for Russians in search of U.S. real estate, according to new data released by the residential start-up TripleMint.   In tracking inquiries from prospective international buyers searching the TripleMint Web site for New York residential property, the... Keep Reading....
Mark J. Czarnecki
Mark J. Czarnecki, who worked his way up form assistant branch manager to become president and chief operating officer at M&T Bank, passed away on Sunday at the age of 61. Czarnecki has been hospitalized in Buffalo, N.Y., and was diagnosed with pancreatic cancer.   According to a Bloomberg... more
Increased borrowing by homeowners against their properties is having a deleterious impact on the credit-positive effects of rising home prices on residential mortgage-backed securities (RMBS), according to a new report from Moody’s Investors Service.   Moody’s noted that while current underwriting... more
Inquiries into home loans were on the rise again, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Feb. 24.   The Market Composite Index increased 5.8 percent on a seasonally adjusted basis from one week earlier, although the index... more
For those wondering where the Millennials are living, a new report from Zillow estimated that almost half of this demographic are living in the suburbs—and the majority stay in the same location when they buy a home.   According to Zillow, Millennials made up 42 percent of homebuyers last year,... more