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RealEstateRama

Connecticut RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Connecticut Real Estate publishing community.

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One New Foreclosure Filing for Every 879 U.S. Households, Activity Remains High

Foreclosure listing activity across the nation remained at a high level in the month of July 2007. The total number of properties either entering or moving through some stage of the foreclosure process was 131,574 or one foreclosure for every 879 households in the U.S.According to data compiled by Bargain Network (bargain.com), an online provider of real estate foreclosures, the number of residential homes either entering or moving from one stage of foreclosure showed little movement.

Home sales down, but prices up

Connecticut home prices rose for the second straight month in May, but sales sank 14 percent, The Warren Group reported Tuesday. The state's median price for single-family homes was $288,000 in May, up 5 percent from $275,000 a year ago. Through the first five months of the year, the statewide median price rose 2 percent from a year ago, from $270,000 to $275,000.

Luxury condos not luring buyers yet

FAIRFIELD — Seven years ago, Southport Village Partners, LLC paid $5.28 million for 4.4 acres near the Southport Railroad Station. The vacant property, across from Wakeman Boys/Girls Club, was sold in an auction in the town's Probate Court by the estate of Frank Dawid.

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MURPHY CRITICIZES CONTINUED NEGLIGENCE AND ABUSE AT HOMES FOR DEVELOPMENTALLY DISABLED;...

Following continued alarming reports of negligence and abuse at homes for developmentally disabled residents, U.S. Senator Chris Murphy (D-Conn.), a member of the U.S. Senate Health, Education, Labor, and Pensions Committee, committed to introduce legislation to address this issue. The second investigation released today by the Office of the Inspector General (OIG) of the Department of Health and Human Services outlined issues in Massachusetts similar to those found in the OIG investigation into Connecticut, which was released on May 24, 2016

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Former Head on Enfield Community Development Corporation Charged with Stealing Government...

John H. Durham, United States Attorney for the District of Connecticut, Patricia M. Ferrick, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, and Enfield Police Chief Carl Sferrazza today announced that DARRIN LAMORE, 47, of Enfield, has been charged by a federal criminal complaint with stealing government funds from the Enfield Community Development Corporation