Minna Reid - Reid Real Estate Group - Blog

After strong first quarter, future of Connecticut real estate uncertain…

ct real estate market update

After several years of strong gains, early 2020 started off with a bang with endless buyer demand and rising real estate sales prices! And then came COVID-19! Sales were stronger than ever through March with the number of home sales continuing to rise year after year:Sales prices were also headed way up, even well above the […]

Continue reading
March 10, 2020

FOR SALE! 181 Main Street, Niantic CT 06357: $279,000!

 Enjoy stunning views of Niantic Bay every day! This 1880 colonial offers all the charm of yesteryear, but has been beautifully updated and lovingly maintained. Spacious open floor plan with hardwood and tile floors throughout. Light and bright with spectacular water views! Cathedral ceilings and exposed beams on upper level. Private, fully fenced backyard with […]

Continue reading
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 […]

Continue reading

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 […]

Continue reading

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 […]

Continue reading

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 […]

Continue reading