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*
ranked #14 nationally with a total of 2,220 foreclosure filings which consists of notices of default, auctions and bank owned properties.