Connecticut Home Sales Down 13 Percent In 2011...7th straight year of declines in home sales.
Posted by Minna Reid on Wednesday, February 1st, 2012 at 12:33pm.Connecticut Home Sales Down 13 Percent In 2011...7th straight year of declines in home sales.
This fascinating article from Commercial Record details the current state of our market here in CT. The statistics mirror what I myself have witnessed as local real estate professional. It's a truly depressed market here in the Nutmeg State.
The only question is...have we hit bottom yet?
While my crystal ball eludes me at the moment - I would have to say NO. From what I see going on in our local CT market - We have aways to go before we start turning the corner.
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Minna Reid is a full-time, full-service, Connecticut REALTOR®, specializing in short sales, serving Hartford, Tolland, Middlesex and New Haven Counties including, but not limited to; Andover, Avon, Berlin, Bloomfield, Bolton, Cheshire, Columbia, Coventry, Cromwell, Durham, East Hartford, East Hampton, East Windsor, Ellington, Enfield, Farmington, Glastonbury, Hebron, Lebanon, Manchester, Mansfield, Marlborough, Meriden, Middlefield, Middletown, Newington, Portland, Rocky Hill, Somers, South Windsor, Southington, Stafford, Tolland, Vernon, Wallingford, West Hartford, Wethersfield and Willington.
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