Greater New Haven CT Real Estate

According to the latest report furnished by RealtyTrac for March 2009, Connecticut is ranked #13 nationally with a total of 2,885 foreclosure filings which consists of notices of default, auctions and bank owned properties.  This represents an increase of nearly 30% for Connecticut home foreclosure filings from  February 2009 and a 35.70% increase from March 2008.  Connecticut was ranked #14 in foreclosure filings in February 2009.

With 1 in every 417 homes facing foreclosure, New Haven County has the highest number of foreclousre filings with 836 followed by Fairfield County with 740, Hartford County with 590, New London County with 211, Windham County with 141, Litchfield County with 133,  Middlesex County with 123 and Tolland County with 85.  A weakening in the financial and manufacturing sectors and a flattening of the job market has been a contributing factor for the rise in Connecticut home foreclosure filings.  This brings Connecticut to a total of 6,756 foreclosue filings year to date.

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If you are considering listing your home as a short sale be sure to choose a Realtor with the CDPE designation. An agent who has earned the Certified Distressed Property Designation has dedicated their time and effort to understanding the issues distressed homeowners are dealing with and who understands the full range of solutions and is ready to help.

A short sale is an emotional transaction, but as a Certified Distressed Property Expert, we help you take the stress out of losing your home to foreclosure. Successful short sales include all property types, including condos, townhomes multi-family homes, single-family homes, luxury estates and waterfront homes.

Donna Bigda, CDPE
Licensed Connecticut REALTOR®
10 Pine Orchard Road
Branford, Connecticut 06405

Call Donna at 203-488-1641, ext. 214
Fax 203-315-2127
by email Donna@DonnaBigda.com
or visit www.DistressedHomeownersHelpline.com

Mortgage Assistance Relief Services Disclosure

RE/MAX Alliance is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.  If you stop paying your mortgage, you could lose your home and damage your credit rating.  RE/MAX Alliance is not engaged in the practice of law nor gives legal or tax advice.  It is strongly recommended that you seek appropriate professional legal counsel and tax advice for any real estate transaction.

Copyright © 2009 by Donna Bigda, All Rights Reserved ...*Connecticut Home Forelcosures - Connecticut Ranked 13th In March 2009 Nationally*

According to the latest report furnished by RealtyTrac  for February 2009, Connecticut is ranked #14 nationally with a total of 2,220 foreclosure filings which consists of notices of default, auctions and bank owned properties.

With 1 in every 475 homes in foreclosure, Fairfield County has the highest number of foreclousre filings with 737 followed by New Haven County with 614, Hartford County with 461, New London County with 125, Litchfield County with 104, Windham County with 80, Middlesex County with 58 and Tolland County with 41.

This is not good news for the Connecticut Home Foreclosure market as it was ranked 17th back in August 2008.

Connecticut foreclosure filings increased 34% from the previous month and increased 1% increase from February 2008.

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Contact Donna Bigda, e-PRO, Realtor®, RE/MAX Alliance Licensed Realtor® in the State of Connecticut at 203-488-1641, ext. 214 to list your property for sale or to purchase a property in Branford, Guilford, Madison, East Haven, New Haven and the rest of shoreline area in New Haven County Connecticut.

If you're thinking about buying a foreclosure property in Branford CT there are plenty of great buys in today's market and now is one of the best times to buy while interest rates remain low. For more information on Branford CT real estate homes or condos, see Branford CT  homes or sign up today to get access the hottest new foreclosure listings here Branford CT  homes and condos. 

Copyright © 2009 by Donna Bigda, All Rights Reserved ...*Connecticut Home Forelcosures - Connecticut Ranked 14th In February 2009 Nationally*

P.S.  If you are listing your home as a short sale in New Haven County Connecticut make sure you hire an agent who knows how to do short sales, can give you the expertise to help relieve the uncertainty and most of all, help your family.  Call me at 203-488-1641, ext. 214 and let’s get started on the path to recovery.

Mortgage Assistance Relief Services Disclosure

RE/MAX Alliance is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.  If you stop paying your mortgage, you could lose your home and damage your credit rating.  RE/MAX Alliance is not engaged in the practice of law nor gives legal or tax advice.  It is strongly recommended that you seek appropriate professional legal counsel and tax advice for any real estate transaction.

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, ext. 214 to list your property for sale or to purchase a property in Branford, Guilford, Madison, East Haven, New Haven and the rest of shoreline area in New Haven County Connecticut.

If you're thinking about buying a Connecticut home foreclosure there are great buys 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 - Branford CT Real Estate - 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.

Copyright © 2008 by Donna Bigda, All Rights Reserved ...* Connecticut Home Foreclosures - Connecticut Ranked 17th In August 2008 Nationally*

Taking a cue from a post by Lenn Harley I decided I should research the status of my market for short sales, foreclosures and REO properties.

While Connecticut has not been hit as harshly with a declining market as there are in other parts of the country, we are starting to see more foreclosures and short sales in recent months.

Through some tweaking in my MLS search to identify properties that are short sales, I found 36 homes and 4 condos that specifically stated they were short sales out of approximately 1654 homes and condos currently listed in my primary market of Branford, East Haven, Guilford, Madison, North Branford and New Haven.

Of course not being satisfied with this somewhat vague information from the MLS, I proceeded to do some further research and found a trusted real estate and information provider of timely and reliable real estate data on foreclosure and REO properties in my area.

Now here's where things got a little more interesting.  In all of New Haven County which consists 27 towns, there are a total of 568 foreclosure auction homes and 518 REO properties.  Breaking these statistics down further the numbers are as follows for the towns in my primary market area.

Digging a bit deeper, the bigger surprise came when I found out how many homes are in lis pendens,  In my primary market area there are currently 2632 homes in lis pendens and for all of New Haven County there are a total of 4930 homes in lis pendens.

All of this brought me to the conclusion that we should all continually monitor the trends in our respective real estate markets very closely so we can properly educate our buyers and sellers. 

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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, ext. 214 to list your property for sale or to purchase a property in Branford, Guilford, Madison, East Haven, New Haven and the rest of shoreline area in New Haven County Connecticut.

If you're thinking about buying a home in Branford CT there are plenty of great buys in today's market and now is one of the best times to buy while interest rates remain low. For more information on Branford CT real estate homes or condos, see Branford CT real estate or sign up today to get access the hottest new listings here Branford CT homes and condos. 

Disclaimer:  All information provided by this author is strictly an opinion, is not guaranteed, may be based on information collected from several sources, which may or may not be deemed reliable at the time of researching this article and may be time sensitive

Copyright © 2008 by Donna Bigda, All Rights Reserved ...*Short Sales - Foreclosures - REO Properties - Knowing The Status Of Your Market*