Fairfield County short sales rise in 2017 - Reid Real Estate Group

Fairfield County short sales rise in 2017

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After dropping to a 5 year low in 2016, short sales are up again in 2017 at almost 4% of total home sales:

 

A short sale is the process by which a home is sold for less than is owed on the mortgage to the property, usually the result of falling values, or purchasing or refinancing during  a market peak. Bridgeport and Stratford lead the way for the most short sales in Fairfield County, with Stamford, Norwalk, Danbury and Fairfield close behind.

CONSIDERING A SHORT SALE?  REID REAL ESTATE GROUP  IS CT’S #1 SHORT SALE  TEAM …SERVING ALL OF FAIRFIELD COUNTY! CONTACT US TODAY TO SEE IF A SHORT SALE IS RIGHT FOR YOU!

Minna Reid

Minna Reid is The Broker - Owner of Reid Real Estate Group. Reid Real Estate Group is a full-service Connecticut residential real estate brokerage, specializing in helping homeowners with legal and financial challenges including short sales, probate sales and tax lien complications.

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