October 12, 2017
Bridgeport, CT short sale and foreclosure report 2017:Its been a decade since the CT housing market started to fall and despite some upward movement in the last few years, Bridgeport is still struggling. 30% of all Bridgeport sales are currently distress sales ( short sales or bank owned sales):The peak of the market in Bridgeport
October 9, 2017
As we head towards end of year, the Fairfield, CT single family home sales market is starting to slow down. After hitting its yearly peak in early summer, marketing times are headed up, and prices are slowing down slightly:Median days for single family homes to sell is up to 85 days this year, while median
October 4, 2017
Hamden, CT 2017: One in every seven home sales in Hamden is a short sale or REO sale (bank-owned foreclosure). Despite improving market conditions for Hamden homeowners, distress inventory remains a staple in the market:While marketing time on Hamden homes are down and prices are improving, most foreclosures and short sales today are the result
October 2, 2017
Deficiency Judgments are allowed in Connecticut!Did you know that if you let your home foreclose in CT, the lender can still pursue you for their losses with a deficiency judgement? If a home had a $200,000 mortgage, and it foreclosed and sold for $150,000…the lender can still sue you for their $50,000 loss and then
September 26, 2017
North Haven median home sales prices reach their highest point since 2008! As you can see the past several years have seen North Haven home marketing times dropping sharply as limited inventory coupled with buyer demand has kept homes flying off market in record time! Days for homes to sell in North Haven is currently
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