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.
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.
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.
As the 2018 year came to a close, Bridgeport’s year-end statistics displayed shocking numbers. The median home sale price in the city increased by 26% over the last five years. Additionally, the amount of foreclosed homes that had been scheduled for sale upped by 36% in the same time period.
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.
As the 2018 year came to a close, Ansonia saw a 2017 to 2018 increase, not only in the median home sale price by 10%, but also in the amount of foreclosed homes that had been scheduled for sale and about to be lost by Ansonia residents. This number has increased by an astounding 31%.
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%.
Four less homes in West Haven have fallen into foreclosure in the final quarter of 2018 than in that of the previous year. While this is seemingly fortunate, there has been a devastating rise in the number of homes completely lost to foreclosure. From the fourth quarter of 2017 to the fourth quarter of 2018, the amount of foreclosed and lost homes in West Haven has increased by a staggering 38%.
Along with Wallingford’s median home sale price increasing by 11% from the fourth quarter of 2017 to that of 2018 and steadily by 11% over the past five years, the number of foreclosed homes that are about to be lost to foreclosure by Wallingford homeowners, has increased by an enormous 120%. It is clear that Wallingford homeowners need home retention options offered by dedicated experts in foreclosure defense.
The final quarter of 2018 in Vernon has brought unwanted increases in foreclosed homes that have been scheduled for sale. The number of homes that are facing loss through foreclosure auction has risen by 25% between the fourth quarter of 2017 and that of 2018, and upped by a whopping 67% in the fourth quarters of the last five years. This fluctuation clearly shows how necessary it is for Vernon homeowners to become financially educated and legally assisted.