In a recent discussion with some agents in my area about the recent state of the Connecticut Home Foreclosure market, I wanted to find out how Connecticut ranked relative to what has been taking place nationally.
According to the latest report furnished by RealtyTrac for August 2008, Connecticut is ranked #17 nationally with a total of 1,798 foreclosure filings which consists of notices of default, auctions and bank owned properties.
With 1 in every 614 homes in foreclosure, New Haven County has the highest number of foreclousre filings with 567 followed by Fairfield County with 427, Hartford County with 397, New London County with 129, Litchfield County with 83, Middlesex County with 81, Windham County with 68 and Tolland County with 46.
While this initially appeas like bad news there are some good signs for the Connecticut Home Foreclosure market as this is a -10.72% change from July 2008 and a -17.14% change from August 2007 according to the report on RealtyTrac.
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Contact Donna Bigda, ABR, SRES, e-PRO, Realtor®, RE/MAX Alliance Licensed Realtor®, in the State of Connecticut at 203-488-1641 to list your property for sale or to purchase a property in Branford, Guilford, Madison, East Haven, New Haven and the rest of the shoreline area in New Haven County Connecticut.
If you're thinking about buying a Connecticut home foreclosure there are great deals in today's market and now is a great time to buy while interest rates are still low. To get more information on available homes, contact Donna or start your home search here - www.ShorelineHomeFinder.com - or call me directly at 203-488-1641, ext. 214.
You can contact me by email if you prefer at donna@donnabigda.com
For more information on all the homes for sale in the Branford Connecticut area click here and then click on Search The MLS on the left menu sidebar or call me directly at 203-488-1641, ext. 214.
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