Minna Reid - Reid Real Estate Group - Blog
July 7, 2019

PROS AND CONS OF A CONNECTICUT SHORT SALE

Considering a Connecticut short sale?Find out the pros and cons of pursuing a short sale! Pros Get rid your over mortgaged home.  Eliminate high mortgage payments. Settle the mortgage debt with your lender. Avoid foreclosure. Pay no closing costs or commissions to sell. Possibly receive relocation as​​sistance. Cons Credit score will drop temporarily. You may […]

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Will the Connecticut real estate market ever recover from the great housing bust?

CT RELA ESTATE MARKET RECOVERY

Many of today’s home buyers and sellers may not have directly experienced the last Connecticut housing bust almost a decade ago, or even realize we are still recovering. While the market is currently booming here in Connecticut, let’s take a look back at the turns and twists of the real estate market and where we […]

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Waterbury, CT Market Update 2019: Great news for sellers as prices continue to rise, and distress sales ease!

Waterbury, Connecticut Real Estate Market Report –  YTD 2019Its a great year for Waterbury homeowners so far this year! Home sale prices are skyrocketing, with home sale prices up almost 10% over 2018, with the current median at $115,000:Waterbury homes continue to sell quickly as home buyer demand continues to increase, leading to less and […]

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Hamden, CT foreclosures and short sales JUMP in 2019!

cart carrying foreclosed homes and short sale homes

Hamden, CT Distress Market Report 2019Despite several years of gains in the marketplace, Hamden year to date home sales show a massive increase in the rates of foreclosed homes and short sales. After dropping down to an 8 year low of 14% of all homes sold, The current rate of distress sales is currently at […]

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