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The Connecticut Housing Market, Looking Through a Foggy Window
The Connecticut Housing Market, Looking Through a Foggy Window
While the majority of our Country has benefited from the housing recovery and the general economy as well, Connecticut still finds itself lagging. While we take pride in having been home to many corporate businesses, it is also true that the exodus of jobs over a 20 year period has left voids in the local economies of many of the towns in the state.
Realtor.com has released it's projections for the top 100 housing markets in the country. A quick glance shows only 2 areas in Connecticut as having a position: The Hartford, Capital region at #98 and at #99, the Stamford-Norwalk region, which is lower Fairfield County and recognized as one of the richest per capita counties in the country.
Meanwhile, for the rest of the state the rate of growth is far less obvious.
My little corner of the real estate landscape is the Greater Waterbury Connecticut region. This was once recognized as one of the strongest manufacturing centers of the country at a time when durable goods were produced in the country and before the introduction of plastics and other resin composites.
The core area of Waterbury is surrounded by the towns that were ... more

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