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Connecticut Home Foreclosures - Connecticut Ranked 24th In September 2009 Nationally

By Jamie Dumaine-Russell

Real Estate Agent with RE/MAX Alliance 0754296

October 15, 2009 02:37 PM

Connecticut Home Forelcosures - Connecticut Ranked 24th In September 2009 Nationally

According to the latest report furnished by RealtyTrac, Connecticut is New Haven County Foreclosures ranked #24 in September 2009 nationally with a total of 2134 foreclosure filings which consists of notices of default, auctions and bank owned properties. This represents a decrease of 3.91% for Connecticut home foreclosure filings from Auguust 2009. Total activity in Connecticut home foreclosures increased 61.91% from September 2008. Connecticut was ranked #24 in foreclosure filings in August 2009.

With 1 in every 551 homes facing foreclosure, New Haven has the highest number of foreclousre filings with 633 followed by Fairfield County with 540, Hartford County with 482, New London County with 145, Litchfield County with 126, Middlesex County with 87, Windham County with 84 and Tolland County with 37.

For the month of September 2009, the Top 10 areas New Haven County having the highest amount of new foreclosure activity are:

Waterbury - 133

New Haven - 107

Meriden - 61

Hamden - 41

West Haven - 38

Naugatuck - 30

Milford - 25

East Haven - 24

Seymour - 22

Wallingford - 16

A continued weakening in the financial and manufacturing sectors and a flattening of the job market has been a contributing factor in Connecticut home foreclosure filings.

Get the most current Bank Owned Inventory for New Haven and the surrounding area
at http://www.bankownedweekly.com/newhaven....INCLUDING
FORECLOSURES, SHORT SALES & DISTRESSED PROPERTIES

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Written and Posted by:

Donna Bigda - REALTOR®

RE/MAX Alliance - Branford, CT 06405

Search Branford, East Haven, Guilford, Madison, New Haven and all New Haven County Homes for Sale

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Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

Donna - I suspect this will shift some in the coming months as we see more changes in the Wall Street brokerages and similar companies. But I wish WE could say we were 24th. We vary from 2nd to 3rd with Florida. :)

Jeff

Oct 15, 2009 03:16 PM

Jamie Dumaine-Russell

RE/MAX Alliance - Branford, CT

Jeff - I sure do hope so. It's so disheartening to see the number of filings increasing across the country. California is holding in the #2 spot for this month and for the 3rd quarter along with Nevada and Arizona posted the most foreclosure activity.

Oct 15, 2009 03:38 PM

Sharon Alters

Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL

Realtor - Homes for Sale Fleming Island FL

Donna, I only wish we were #20 something instead of vying with Jeff's state for the top spots.

Oct 15, 2009 03:53 PM

Sharon - Florida is sitting in the #4 spot for this month. I sure do hope that there is a light at the end of the tunnel for the so many states that are still struggling with the continual rise in foreclosures.

Oct 15, 2009 03:58 PM

George Souto

George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT

Your Connecticut Mortgage Expert

Donna that puts us in the middle of the pack, so we could be doing a lot worst.

Oct 16, 2009 01:24 PM

Bill Gassett

RE/MAX Executive Realty - Hopkinton, MA

Metrowest Massachusetts Real Estate

Where do you get the data from Donna? It is Realtytrac? I am curious how Massachusetts ranks.

Oct 17, 2009 02:19 AM

George - We sure could considering what other states are still experiencing. At least over the past few months Connecticut has been dropping further down the list.

Bill - I did get this info from Realtytrac on two different pages. Here's the link to the first one.

http://www.realtytrac.com/contentmanagement/pressrelease.aspx?channelid=9&accnt=0&itemid=7706

If you go the the Realtytrac home page scroll down to New! Information Centers and click on Press Room under News and Trends Center it's where you'll find that link and information

The link to the second page is one like this which is for the current trend in Mass for foreclosures.

http://www.realtytrac.com/trendcenter/default.aspx?address=MA

On the left side menu under Tools & Services is where you'll find the link for that page.

Oct 17, 2009 07:25 AM

Connecticut Home Foreclosures - Connecticut Ranked 24th In September 2009 Nationally

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