Berlin CT Short Sale Report - 2012

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Real Estate Agent with Keller Williams Greater Hartford REB.0789472

Berlin CT Short Sale Report - 2012

Short sales make up 7% of the current market inventory in Berlin, CT. There are currently 124 homes on market in Berlin, CT with 9 of those homes listed as short sales.

However, short sales make up just 1% of Berlin’s sold inventory for the past 12 months, and just 3% for the prior 12 month period. Berlin seems to have a much lower ratio of short sales than many other CT towns.

Will this last? Time will tell. As we are likely several years away from any significant recovery, it is difficult to predict whether this town has truly fared better than others, or whether further declines and a very slow recovery will force more Berlin CT homeowners into short sale situations.

Are you a homeowner considering a short sale in Berlin CT?.  Short sales are complicated transactions and require an agent with experience in the process. Increase your chances of a successful short sale by finding a qualified local hort sale professional.

GET ANSWERS TO FREQUENTLY ASKED QUESTIONS ABOUT CT SHORT SALES

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Minna Reid
Team Lead - Reid Real Estate Group
Keller Williams Connecticut
Voice or Text: 860.416.1255
 

Minna Reid  is a  CT Licensed Real Estate Broker Associate with Keller Williams Realty, and Team Leader of Reid Real Estate Group. Reid Real Estate Group is a team of full-time, full-service real estate experts with locations in Central and Northeast Connecticut, with a specialty in short sales. The Reid Group brings years of real estate experience, intimate knowledge of the local market and the highest levels of customer service and professionalism to help guide you through all of your real estate transitions. Visit us at www.REIDREALESTATEGROUP.com

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