August 2019

MIDDLETOWN, CT LOSING HOMES AT EXTREMELY HIGH RATE AT 2018 YEAR-END

The number of foreclosures in Middletown has remained steadily high over the last five years but the rate at which these homes are being lost is on the rise. The number of homes that were scheduled for sale by foreclosure in 2018 has increased by a whopping 121% compared to the previous year-end. Five years ago, only four homes were lost to foreclosure. In 2018, 59 homes were lost to foreclosure.

MERIDEN, CT SEEING A RISE IN LOST HOMES ONCE AGAIN

Although Meriden saw a drop in foreclosure numbers from 2016 to 2017, at the end of 2018, it is clear that these numbers are on the rise once again. Two more Meriden homes were scheduled for sale by foreclosure in 2018 than in the previous year and four more homes were lost to foreclosure in 2018 than in the previous year. Meriden homeowners need successful solutions in foreclosure defense and home retention.

2018 YEAR END HIGH FORECLOSURE RATES REMAIN STEADY IN MANCHESTER, CT

Manchester has had steadily high foreclosure numbers quarter-to-quarter in 2018. After the year ended, the last five years can be compared to one another and, according to the year-end statistics, that comparison also displays relatively steady numbers. Unfortunately, over the last five years, the amount of homes for sale by foreclosure has increased by 44%. Manchester foreclosures remain high and the rate at which these foreclosed homes are lost is on the rise.

HARTFORD, CT HOMES FOR SALE BY FORECLOSURE HIGHEST IN FIVE YEARS

Although the amount of foreclosures in Hartford has been slowly decreasing over the past five years, 331 homes, almost one home every single day, were still foreclosed in the 2018 year. Despite this decrease, the number of homes for sale by foreclosure, increasing by 16% from last year, hit its highest in five years. Without proper legal representation, Hartford homeowners are in danger of completely losing their homes to foreclosure.

FAIRFIELD, CT FORECLOSURES ON THE RISE IN 2018 YEAR-END

At the close of 2018, compared to the 2017 year-end statistics, foreclosures, auctions and lost homes have all increased in Fairfield. The amount of foreclosures increased by 4%, foreclosed homes that had been scheduled for sale upped by 14%, and the amount of homes completely lost to foreclosure increased by 50%. Over the last five years, the number of family homes that have been foreclosed on and sold at auction has risen by a whopping 76%.

EAST HAVEN, CT SEES RISE IN HOMES SCHEDULED FOR SALE BY FORECLOSURE AT 2018 YEAR-END

Although the amount of 2018 East Haven foreclosures has dipped slightly from 2017 to 2018, the number of homes that have been scheduled for sale by foreclosure has increased by 30%. Despite occasional downward foreclosure fluctuation, 12 more homes have fallen into foreclosure auction in 2018 than in the previous year. It is clear that East Haven homeowners need more successful options in order to save their homes.

FORECLOSED HOMES SCHEDULED FOR SALE IN EAST HARTFORD, CT HIGHEST IN FIVE YEARS

Although the amount of 2018 East Hartford foreclosures has decreased over the previous year, the number of foreclosed homes that have been scheduled for sale, about to be lost by East Hartford residents, has reached its highest in the last five years. Foreclosure auctions have risen by 10% over the last year and 63% over the last five years.

NUMBER OF FORECLOSED HOMES SCHEDULED FOR AUCTION IN DANBURY, CT HIGHEST IN FIVE YEARS

Danbury has seen a shocking increase in the number of foreclosed homes that have been scheduled for sale. The 2018 year came to a close and the final statistics show that the amount of homes that have been sold through foreclosure has hit its highest over the past five years, caused by a whopping 97% increase. It is critical that Danbury homeowners take advantage of the solutions our team at the Law Offices of Neil Crane provide in order to save their homes.

FORECLOSED HOMES SCHEDULED FOR SALE IN BRISTOL, CT INCREASE OVER LAST FIVE YEARS

With the 2018 year wrapping up, Bristol’s year-end statistics show a slight decrease in homes falling into foreclosure and an upsetting 11% increase in foreclosed homes that have been scheduled for sale, about to be lost by Bristol residents over the last five years. This rise in homes scheduled for sale shows that, regardless of occasional downward year-to-year foreclosure fluctuations, the rate at which the yearly foreclosed homes are being lost is far too high.

BRANFORD, CT HOMES LOST TO FORECLOSURE UP BY 240% IN LAST FIVE YEARS

Branford’s 2018 year end statistics show an alarming rise in homes lost to foreclosure in the last five years. At a devastating 240% increase of lost homes and an upsetting 90% increase in foreclosed homes being scheduled for sale in the last year, hardworking Branford homeowners are in dire need of affordable financial solutions.

FORECLOSED HOMES IN WINDSOR, CT SEEING DEVASTATING RESULTS IN FOURTH QUARTER OF 2018

In the fourth quarters of the last five years, Windsor has seen staggering increases in the number of homes lost to foreclosure. While the median home sale price soared by 30%, the number of foreclosed homes headed to auction has increased by a whopping 89% and the number of homes completely lost to foreclosure has upped by 8%.