Many people are curious about the Connecticut housing market and what it’s like. However, it’s kind of hard to understand any of that if you don’t know much about Connecticut itself. Connecticut is located in New England and is actually the southernmost state in that area. It also tends to have a higher than average… Continue reading Connecticut Housing Market – Real Estate Predictions For 2019
Category: Connecticut
Connecticut housing market
Housing Market Predictions for the 2015 Connecticut Housing Market
According to several sources on the New England real estate market, in 2014, the overall performance of the single family home and condo markets in Connecticut performed rather solidly and predictably. The sales volume and average sales prices matched those posted for the 2013 Connecticut housing market: 26,340 homes were sold in total, while the… Continue reading Housing Market Predictions for the 2015 Connecticut Housing Market
2013 Connecticut Housing Market
The Connecticut housing market reached the highest level it had seen in three years in late 2012, and it isn’t showing signs of slowing down. According to RE/MAX of New England, the region should expect continued improvement throughout 2013. Its 2013 Housing Forecast report indicates the market will shift from a buyer’s market to a… Continue reading 2013 Connecticut Housing Market
2011 Connecticut Housing Market
Battling a 20-year low mark in home sales, Connecticut is dealing with the aftermath of the real estate crash with dwindling sales after the federal home buyer tax credit expired. But Fairfield County, home to four of the state’s largest cities is seeing a rebound in sales that could usher in a change in the… Continue reading 2011 Connecticut Housing Market
2012 Connecticut Housing Market
As an affluent neighbor of New York City, Connecticut is the east coast’s home of Mc Mansions, driven by the need for comfort and the feeling of wealth perhaps more than any other state in the eastern corridor of the U.S. But those high cost homes come with a price, and that price just might… Continue reading 2012 Connecticut Housing Market
Home Price Appreciation Jumps 2.5% for Year
By Mike Colpitts For the fourth straight month home values have increased in appreciation across the U.S., according to real estate research firm CoreLogic. Prices increased 2.5% in June compared to a year ago in the 100 largest metro areas the company tracks. On a month-over-month basis, including foreclosure and short sales, home price appreciation… Continue reading Home Price Appreciation Jumps 2.5% for Year
Hardest Hit States Foreclosures Slow
By Ryan Jackson Three of hardest hit states in the U.S. housing downturn have seen foreclosures drop by more than 25% providing a major sign of improvement for the nation’s housing market. Formal foreclosures in Nevada, Arizona and Michigan have been reduced at the highest level since the housing crisis started more than five years… Continue reading Hardest Hit States Foreclosures Slow
Foreclosures Drop Two Straight Months
By Mike Colpitts Demonstrating the U.S. largest five banks are following rules agreed to in their $25 billion settlement with 49 state attorney generals, foreclosures saw a drop for two straight months in March as lenders increased efforts with home mortgage holders, according to RealtyTrac. The drop in foreclosure activity showed there were 198,853 filings… Continue reading Foreclosures Drop Two Straight Months
Foreclosures Drop Two Straight Months
By Mike Colpitts Demonstrating the U.S. largest five banks are following rules agreed to in their $25 billion settlement with 49 state attorney generals, foreclosures saw a drop for two straight months in March as lenders increased efforts with home mortgage holders, according to RealtyTrac. The drop in foreclosure activity showed there were 198,853 filings… Continue reading Foreclosures Drop Two Straight Months
Mediation Can Save Homeowners from Foreclosure
By Kevin Chiu Millions of homeowners at risk of foreclosure can be saved from losing their homes through mediation, according to a new report issued by the non-profit National Consumer Law Center. The report reviewed existing foreclosure programs in 19 states to come up with recommendations for states to adopt. Programs the organization feels are… Continue reading Mediation Can Save Homeowners from Foreclosure