Connecticut's Complicated Housing Market
The entry level market is up, but for many, renting is still the only option.
June is Homeownership Month and part of peak real estate season. The housing market across the nation is finally showing signs of improvement with signs up across the nation. But it is not the market it was before the 2008 crash.
Some real estate experts say the market hit bottom at 2011 and has been slowly climbing back. This means jobs in construction and other parts of the housing sector.
Still, some 40,000 people are delinquent on their mortgages across the state. And others simply cannot afford any of the options.
Today, on Where We Live, Connecticut’s housing market with a panel of industry professionals.
And, for those who are in the market for something a bit unusual: we look at Lighthouses for sale.