Jax Real Estate Report

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Real Estate Agent - Reid Real Estate Group LLC
Minna Reid, REALTOR®, Broker Associate Fathom Realty, Jacksonville, Florida.
RECENT BLOG POSTS
Should you modify your loan?If you've fallen behind on your mortgage and seek to avoid a foreclosure, a loan modification may come up as an option to make your payment more affordable so you can stay in your home.In a loan modification the lender makes permanent changes to the terms of your mortg...
02/21/2018
Many of our clients here at Reid Real Estate Group are in the process of a divorce or have already divorced but still own property together. Often the family home needs to be sold during this difficult and emotional time, which becomes even more complicated when the home is worth less than what i...
02/14/2018
The Ansonia,CT real estate market has been very slow to recover since crashing about a decade ago. Several years of increasing buyer demand have led to more homes selling since 2011, yet prices have failed to consistently increase in the same time period.Both 2012 and 2015 actually had the lowest...
01/31/2018
The entire Connecticut real estate market, including New Haven County has been very slow to recover since crashing about a decade ago. However, the last few years seem promising as continued buyer demand, coupled with decreasing home inventory have led to New Haven County homes selling faster and...
01/10/2018
While the rate of sles of distress property has droppes sightly in 2017 -  1 in every 7 sales (15%)  in the state is currently a short sale or an REO sale (bank owned foreclosed property). Short sales account for 2% of sales and REO’s 13% :  Short sales and foreclosures will always be around on s...
11/29/2017
Unless you live in northeast CT you've likely never even heard of pyrrhotite...Turns out pyrrhotite is a mineral that, when exposed to oxygen an water, reacts causing concrete to swell, crack and flake, eventually deteriorating the material.Unfortunately, during the 1980's and beyond, a popular C...
11/01/2017
Woodbridge home sales prices are at a five year high as marketing time for Woodbridge homes drops to a ten year low in 2017!Woodbridge home marketing time hit a five year high in 2012 at 87 days to sell, but has continued to drop ever since. Significant increase in buyer demand, coupled with decr...
10/24/2017
Everyone wants a deal! Most home shoppers have at some point whether they should be looking at foreclosed homes as an option in their home search. With foreclosures still making up over 10% of the inventory (and much more in some towns), they are still a staple in our CT market. But they are cer...
10/18/2017
Have Connecticut short sale questions? We have answers! See the top 10 short sale questions we hear most often and get answers right here! Everything you ever wanted to know about short sales from Reid Real Estate Group - CT's #1 short sale team since 2010! How does the short sale process work? W...
10/10/2017
West Haven, CT Market Report: Single family homes in West Haven are selling faster than they have in over a decade. The median timeframe in which homes in West Haven sell is down to just 37 days year to date. Despite this quick movement of homes on market, median sales prices remain flat at a med...
10/10/2017
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Minna Reid

Associate Broker
smartphone(860) 416-1255
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