Minna Reid - Reid Real Estate Group - Blog
February 9, 2020

Stratford, CT short sale success with Wells Fargo!

Wells Fargo can be a challenging lender to work short sales with! See how this Stratford couple walked away from over $100,000 of bad mortgage debt in this Wells Fargo FHA short sale!After years of struggling to make it work with loan modifications, my sellers decided it was time to move on from their over-mortgaged home!Unfortunately, Wells Fargo wouldn’t […]

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Connecticut’s most expensive towns see home sale prices fall since 2018!

While Connecticut as a whole has enjoyed rising home sale values for the last several years, the tide has changed for most of Connecticut’s most expensive towns! 9 of 10 of the state’s most expensive towns have seen their home sale prices fall continuously since 2018. Here are the ten most expensive cities in the […]

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Fairfield, CT real estate market takes a tumble!

While home sellers in many Connecticut towns have seen home sale prices rise to decade highs in 2019, Fairfield sellers weren’t among them! 2019 was a disappointing year as home sales lagged and prices dropped, especially in high end markets. Fairfield, CT real estate market report:Home marketing time slowed significantly.The market is just not as hot […]

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Bridgeport, CT Real Estate Report: Despite recent price gains, market still struggling to make a comeback.

2019 ended with Bridgeport home sale prices heading high and sellers enjoying another year in a hot sellers market, but Bridgeport real estate recovery still has a ways to go! Bridgeport, CT Real Estate Market Report The good news is, home sale prices in 2019 reached a median of $194,500, almost doubling since the bottom of […]

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STATE OF THE MARKET: 2019 Connecticut Real Estate Market Review

2019 was another excellent year for Connecticut sellers as prices kept rising and homes continued to get snapped up quickly. Get the scoop on what’s happening in the CT housing market!2019 Connecticut Real Estate Market Report Connecticut Home Sales:The number of homes sold in CT started rising sharply in 2015. 2019 was another solid year […]

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Bridgeport, CT home sale prices nearly double in 5 years, but what’s up ahead for the real estate market?

Bridgeport, CT sellers are enjoying another year of tremendous growth in home sale prices, but the bigger picture tells a different story of the Bridgeport real estate market! Bridgeport, CT Real Estate Market Report: Bridgeport Home Sale Prices:After several years of strong growth, the median home sale price in Bridgeport has grown by over 75% […]

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Orange, CT Real Estate Market Report: Signs of a slowdown ahead!

Orange, Connecticut homeowners have enjoyed a few years of rising prices and a seller market, but is the trend turning?Orange, CT Market Update, November 2019 Orange Home Sales Prices:Home sales prices in Orange have been rising for a few consecutive years now. October closed with home sales prices at $367,750, a huge jump over October […]

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New Haven County, CT Real Estate: Market soars to decade high in 2019!

New Haven County market report October 2019

New Haven County, Connecticut Real Estate Market Report October 2019: It’s all good news for sellers as buyer demand has yet to slow down, and home sale prices just keep rising!New Haven County Home Sale Prices:Prices continue to rise year after year reaching a decade high in 2019 at and average of $215,000.New Haven County […]

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October 11, 2019

Over $700,000 of bad mortgage debt fully forgiven in this Bridgeport short sale success with Ditech!

short sale approval stamp

This Bridgeport, Connecticut seller had bought his waterfront home for $425,000 back in 2007 at the peak of the market. Many years of failed loan modification attempts later, his debt had ballooned to over $850,000! To make matters worse, the property was now also worth less than half of what he paid for it in […]

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