I track Connecticut foreclosure auctions closely. I gather and analyze the data. Unlike many bidders, I can’t add value by renovating homes for a profitable flip. Because of this, the only things that matter to me are 1) the price relative to market value, and 2) the overall direction of the housing market. I created […]

Important Disclaimer This article is for informational and educational purposes only and does not constitute investment advice, legal advice, or a recommendation to purchase any property. Foreclosure auctions involve significant financial risk, including but not limited to undisclosed liens, property condition issues, title defects, and the possibility that a court may reject a winning bid.

Important DisclaimerThis article is for informational and educational purposes only and does not constitute investment advice, legal advice, or a recommendation to purchase any property. Foreclosure auctions involve significant financial risk, including but not limited to undisclosed liens, property condition issues, title defects, and the possibility that a court may reject a winning bid. Past

Important Disclaimer This article is for informational and educational purposes only and does not constitute investment advice, legal advice, or a recommendation to purchase any property. Foreclosure auctions involve significant financial risk, including but not limited to undisclosed liens, property condition issues, title defects, and the possibility that a court may reject a winning bid.

I was surprised to see occupancy as low as 71% and 82% for these relatively new buildings. Equity => 0 click here

I recently analyzed the dynamics in Connecticut’s housing market by reviewing the change in population and the net change in housing stock from 2020 to 2023. As can been seen below, the large increase in population and the drop off in construction during the year following the pandemic is still creating a housing shortage. Given

In these graphs you can see the spike in MF construction starts just after the post-pandemic ZIRP and QE, followed by the increase in completions ~24-36 months later. Eyeballing it, it looks like the higher level of starts lasted for about 18 months. So if the spike in completions began in Dec 2023, we should

I was surprised to see Fairfield County near the top of this list.