Minna Reid - Reid Real Estate Group - Blog
April 30, 2021

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

CT sellers market bubble

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. Certainly […]

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Connecticut sellers see 2021 start off with a bang! Home sales prices reach new record high!

ct market condition report

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 distress shadow inventory looms behind a raging sellers market…

foreclosures loom in ct

Connecticut sellers can celebrate another year of drastic price increases and a strong sellers market! Despite the massive economic losses caused by the governors coronavirus lockdowns, the Connecticut housing market continues to boom! But…for how long?2021 sets off with a new record median sales price of $287,000! Home sale prices jumped 15% year over year […]

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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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