Minna Reid - Reid Real Estate Group

July 5, 2021

in Connecticut Real Estate Market Trends by Minna Reid

Connecticut Real Estate Market Report: With year half over, what’s up next?

Sellers are enjoying another year of record price gains, as buyers continue to compete for limited inventory, but how long can it all last? Connecticut home sale prices are up to a new record, reaching a $335,000 in June 2021:Homes are still selling faster than ever! Homes are currently selling in a median of 17 […]

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#CT Market Trends

July 1, 2021

in Short Sales by Minna Reid

Failed forbearance leads to SPS short sale approval!

Forbearance isn’t always the answer!Many Connecticut homeowners signed up for the Covid 19 forbearances that were widely offered during the shutdowns. But free rides don’t last forever, and eventually it always comes time to pay the piper!As their Covid forbearance came to an end, this CT couple decided to review their options. After several workouts […]

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#forbearance #Short Sale Success Stories #SPS

June 10, 2021

in Listings by Minna Reid

FOR SALE! 201 4th Avenue, Stratford CT 06615: $330,000!

Get into this charming Lordship cape just in time to enjoy the beach all summer! Just a few blocks walk to the beach! Recent improvements include remodeled eat in kitchen, hardwood floors, newer roof, vinyl siding, windows, and central air! Glass sunroom overlooks deep private fenced yard. No Flood Insurance Required! This lovely home has […]

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May 19, 2021

in Connecticut Real Estate Market Trends by Minna Reid

Another record breaking month for CT sellers!

The Connecticut spring market is in full force! Buyers continue to compete over limited home inventory, pushing prices ever higher! Connecticut home sale prices reached a record median high of $305,000 in April 2021 – the strongest April on record ever, and a 25% jump in a year: Homes are moving faster than ever! Homes […]

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#CT Market Trends

April 30, 2021

in Listings by Minna Reid

Another happy home seller speaks out!!!

Minna has been a fantastic partner in selling our home. She was patient with us in explaining the differences between a short sale and conventional sale and helped us think through the pros and cons of each. During the process of the sale she was strategic and got us the best price for our sale. […]

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April 19, 2021

in Connecticut Real Estate Market Trends by Minna Reid

Connecticut sellers market rages on, but is the bubble getting ready to burst?

Connecticut home sellers have been watching their home values reach records over the past few years and even into 2021, but how long can it all last? Connecticut Home Sale Prices 2021: The year median home sale price to date in 2021 is $285,000, a record high and a 30% increase in the last decade. […]

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#CT Market Trends

April 19, 2021

in Short Sales by Minna Reid

FHA COVID-19 Pre-Foreclosure Sale

Homeowners with FHA loans have options when facing foreclosure as a result of COVID 19. FHA offers many options to help borrowers in default get back on track with their payments. But keeping the home is not always an option, and often there is simply not enough equity in the home to sell at a […]

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#covid #FHA

March 8, 2021

in Connecticut Real Estate Market Trends , Home Selling by Minna Reid
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Connecticut sellers see 2021 start off with a bang! Home sales prices reach new record high!

Connecticut home sales hit a new peak so far in 2021 with a YTD median sale price of 285,000! Not only is this a new all time high median sale price, but homes are selling for 20% more than they did in the same period just a year ago! With spring selling season just around […]

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#CT Market Trends

March 5, 2021

in Listings , Short Sales by Minna Reid

Another happy home seller flees CT for Florida!

“Minna was the best thing that happened to us in a very long time. We’ve been planning on moving from our house and on with our lives and the house was simply an anchor. We’ve had two liens on the house that would take a long time to cure and we were forced to sell […]

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March 5, 2021

in Connecticut Real Estate Market Trends by Minna Reid

Will the Connecticut housing market crash in 2021?

While the Connecticut sellers market rages on, trouble lies ahead! Ken McElroy breaks it down by the numbers! It’s only a matter of time before the market shifts, but you still have time! If you’ve been waiting for the right time to sell, here it is! WANT TO KNOW WHAT YOUR CT HOME COULD SELL […]

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