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, specializing in short sales, serving central CT including, but not limited to; Avon, Berlin, Bristol, Cheshire, Cromwell, Farmington, Glastonbury, Hamden, Meriden, Middlefield, Middletown, Newington, New Britain, North Branford, North Haven, Plainville, Portland, Prospect, Rocky Hill, Southington, Wallingford, West Hartford, Wethersfield and Wolcott. 

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Topic:
Real Estate General Information
Location:
Connecticut Hartford County Berlin
Groups:
Connecticut Professionals
Market Reports
Posts to Localism
Short Sale REALTORS®
Tags:
market reports
short sales
connecticut
berlin

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\"'\"Minna is an expert in short sales, and was invaluable as we went through the process of selling our home with its upside-down mortgage. I cannot ... more \"'\"
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\"'\"Minna came into my life at a time I didn't know where to turn, I was out of work and running out of time. Realators were willing to come and put my ... more \"'\"
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\"'\"Minna is a cut above all other agents, she knows how to get through all the red tape so prevalent since the housing collapse and ultimately gets the ... more \"'\"
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