Markets in the Northeast and Midwest once again dominated the list of hottest markets for the year. In a ranking produced by the Wall Street Journal and Realtor.com, Rockford, Illinois took first place for 2024. The ranking considered affordability, cost of living, and the city’s overall attractiveness. Rockford has homes under $250,000 within commuting distance…
By CHUCK GREEN In upcoming decades, U.S. homeowners in areas along coastlines could be up the proverbial creek. Sea level rise, along with changing storm patterns, could result in flooding that severely damages homes in many coastal areas. Especially vulnerable, according to estimates, are the Gulf of Mexico, Florida, the Carolinas, and the Washington, DC,…
By KIMBERLEY HAAS A multistate settlement has been reached after a testing error led to the unauthorized withdrawal of $2.3 billion from the accounts of nearly 480,000 mortgage holders serviced by Mr. Cooper. ACI Payments, a processor for a variety of third-party clients, erroneously initiated the electronic withdrawals in April of 2021, causing consumers stress…
As home prices continue to rise across the country, New England is a hot spot for year-over-year gains. CoreLogic’s national Home Price Index increased for the 139th consecutive month in August, up 3.7% YOY, the biggest gain since February 2023. Prices are now 42% higher than in March of 2020, when the pandemic began. Massachusetts’…
St. Mary’s Bank has promoted both Leo D. Simard, Jr., and Pamela Didio Roy, PHR, to C-suite positions, the credit union announced in a press release. Simard is now SVP/chief retail banking officer, while Roy has been named SVP/chief people officer. “We offer the best-in-class financial products and services to members, give back to the…
Leaders at St. Mary’s Bank have announced that Ken Senus has been named president and CEO. Senus takes over for Ron Covey, who retired at the end of 2022. Prior to being promoted, Senus was the company’s executive vice president and chief operating officer. He said he is honored to continue to build on the…
By KIMBERLEY HAAS Update: This home, without photos of the seller dressed as the fictional character Michael Myers from the “Halloween” series of slasher films, is now under contract. A New England couple’s house listing has gone viral because it features photos of the fictional character Michael Myers from the “Halloween” series of slasher films….
St. Mary’s Bank appointed Bill Stevens as the newest member of its Board of Directors in their September meeting. Stevens, who is president and owner of Harvey Construction Corporation, will fill the spot of a former director who resigned due to ill health. “Bill, a long-time member of St. Mary’s Bank, is genuinely committed to…
By CHUCK GREEN Portsmouth, New Hampshire. Is it the place to be? Why not? Portsmouth’s a medium size coastal city with 22,277 residents as of July 1, 2021, according to the U.S. Census Bureau. The city’s rife with attractions including a new jazz club, theaters, restaurants, overall safety, outdoor living, and the school district has…
As the housing market starts to cool off, last year’s buying trends are being upended. Western metros that topped charts last year for popularity and home prices have taken a back seat to more affordable, cooler areas in the East, according to a new report from Realtor.com. For the first time in the history of…
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