Minna Reid - Reid Real Estate Group - Blog

Connecticut home sale prices continue to fall and short sales and foreclosures return to market!

ct market report 2021 4th quarter

Its been a great year for Connecticut sellers, but are things about to take a nosedive? While 2021 overall has seen record sale prices and marketing times, a look at the last few months tells a different story!THE GOOD NEWS: The average sale price of a CT home in 2021 is currently $306,000 – an […]

Continue reading

Connecticut Real Estate Market starts to slip! Is it seasonal or a sign of what’s to come?

CT Real Estate market Update

What’s happening with the Connecticut housing market?Sellers have enjoyed years of endless price gains and competing buyers…but is the tide turning? Connecticut home sale prices dropped 2% in August, to a median of $325,000, down from the record highs reached in the early summer! While homes are still selling very quickly at just 21 days […]

Continue reading
September 1, 2021

FOR SALE! 43 Dorrance Place, Hamden CT!

Charming cape near it all, yet set away in a quiet cul de sac. Fantastic location right off Route 10, walking distance to the middle school and Town Center Park! Loads of charm and many recent updates. Partially finished basement adds potential for additional living space! Large private level yard in great neighborhood. Close to […]

Continue reading
July 1, 2021

Failed forbearance leads to SPS short sale approval!

sps short sale approval stamp

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 […]

Continue reading