Minna Reid - Reid Real Estate Group - Blog
January 11, 2021

When do forbearances end and foreclosures resume?

when will foreclosures resume

When do the CARES Act protections end?The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) was enacted in March 2020 and contains provisions to help borrowers with federally backed mortgage loans get through pandemic related financial challenges. But 9 months and many extensions later, the various federal agencies are taking a piecemeal approach to […]

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Connecticut sellers market continues, but prices soften toward year end…

ct home sale prices falling

It’s been a crazy year in the Connecticut real estate market! Endless buyer demand and rising prices have led to a phenomenal year for sellers! But while home sale prices reach a record high in September, the final quarter of 2020 shows some decline… Connecticut home sale prices peaked in September at $300,000 and have […]

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Woodbridge, CT Market Report: While state sees record home sale prices, Woodbridge market flatlines.

woodbridge market flatlines graphic

While home owners in many towns state wide are enjoying explosive home value growth, Woodbridge, CT home owners can’t join the party quite yet! Woodbridge home sale prices haven’t changed significantly for most of the last 5 years and are currently at a year to date median of $413,000:Although there has been a slight uptick of […]

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September 3, 2020

Connecticut concrete cancer short sale success!

sold home concrete cancer

Are you stuck with a crumbling foundation? Thousands of homeowners in northeast CT are struggling with foundations that are falling apart, and no one to take responsibility for the issue.  While attempting to sell, these CT owners discovered they also had a problem with their foundation, which was found to be needing complete replacement, and the […]

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TOP 8 REASONS THE CONNECTICUT REAL ESTATE MARKET IS SET TO TANK!

ct market crash

The Connecticut market is still a raging sellers market, but for how much longer? The repercussions of the states economic shut down loom ahead and it doesn’t look promising! CT HOME SALE PRICES ARE STILL SKY HIGH! Connecticut home sale prices keep rising month after month! July 2020 sales prices were up 13% over July […]

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