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Sunday, November 2, 2014

Report: Danbury home sales in a slumpvisit|article-5862356|mobile_home_category_body-1685|4

Most experts use the word "challenging" to describe the current residential real estate market, noting that a shadow inventory of foreclosed properties continues to be a drag on pricing and sales. While home values nationally grew at a 6.5 percent annualized rate in September, according to the Zillow Home Value Index, prices for single-family homes in the Danbury region have declined by more than 1.5 percent for the year.



via Danbury Newswire http://ift.tt/1G8FKBe

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