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76 STATE OF AFFAIRS: NORTHEAST » Connecticut RANK: 6 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JANUARY 2014 2.71% 3.84% 3.84% YEAR AGO 3.18% 5.00% 5.00% YEAR-OVER-YEAR CHANGE -15.0% -23.2% -23.2% Top County WINDHAM COUNTY 90+ Day Foreclosure Delinquency Rate Rate JANUARY 2014 4.22% 6.35% YEAR AGO 4.35% 7.75% YEAR-OVER-YEAR CHANGE -2.9% -18.1% Top Core-Based Statistical Area WILLIMANTIC, CT 90+ Day Foreclosure Delinquency Rate Rate JANUARY 2014 4.22% 6.35% YEAR AGO 4.35% 7.75% YEAR-OVER-YEAR CHANGE -2.9% -18.1% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the January 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary January 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Connecticut Planet Realty, LLC Sales@CTREOTEAM.com 203-982-4985 cell www.CTREOTEAM.com Security • Preservation • Disposition Steve Rivkin IN THE NEWS Connecticut Home Sales Post Increase in January Single-family home sales in Connecticut rose 2 percent in January, according to a new report from the Warren Group. e month- to-month gain in January marks the ninth consecutive month of home sale increases for the state. All told, 1,435 single-family homes sold in the month of January, up from 1,401 sales in January 2013, which was the highest January sales volume recorded since 2009. "e modest increase in single-family homes sales for January is smaller than the 6 percent increase that was recorded for the full year of 2013," said Timothy M. Warren Jr., CEO of the Warren Group. "We expect to see bigger gains once the spring market gets in full swing. I think there is pent-up demand that will drive home sales upward." Spring is expected to provide relief for many sellers across the nation, who are looking forward to warmer climates to fuel increased home sales. Median home prices remained stagnant, holding tight at $230,000, the same median price from January 2013. "Median prices have remained flat on a year-over-year basis for three months in a row now," Warren said. "Higher interest rates may be holding down recent price increases. In 2013, median prices rose 8.3 percent." Delaware RANK: 13 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JANUARY 2014 3.41% 2.63% 2.63% YEAR AGO 3.86% 3.16% 3.16% YEAR-OVER-YEAR CHANGE -11.6% -16.7% -16.7% Top County KENT COUNTY 90+ Day Foreclosure Delinquency Rate Rate JANUARY 2014 5.15% 3.67% YEAR AGO 5.50% 4.08% YEAR-OVER-YEAR CHANGE -6.5% -9.9% Top Core-Based Statistical Area DOVER, DE 90+ Day Foreclosure Delinquency Rate Rate JANUARY 2014 5.15% 3.67% YEAR AGO 5.50% 4.08% YEAR-OVER-YEAR CHANGE -6.5% -9.9% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the January 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary January 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. District of Columbia RANK: 20 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JANUARY 2014 2.50% 2.31% 2.31% YEAR AGO 3.40% 2.43% 2.43% YEAR-OVER-YEAR CHANGE -26.4% -5.2% -5.2% Top County DISTRICT OF COLUMBIA 90+ Day Foreclosure Delinquency Rate Rate JANUARY 2014 2.50% 2.31% YEAR AGO 3.40% 2.43% YEAR-OVER-YEAR CHANGE -26.4% -5.2% Top Core-Based Statistical Area WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 90+ Day Foreclosure Delinquency Rate Rate JANUARY 2014 2.27% 1.65% YEAR AGO 1.62% 0.88% YEAR-OVER-YEAR CHANGE 40.7% 87.6% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the January 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary January 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Maine RANK: 5 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate JANUARY 2014 2.59% 4.63% 4.63% YEAR AGO 2.85% 5.56% 5.56% YEAR-OVER-YEAR CHANGE -8.9% -16.7% -16.7% Top County WASHINGTON COUNTY 90+ Day Foreclosure Delinquency Rate Rate JANUARY 2014 3.85% 11.66% YEAR AGO 4.59% 12.85% YEAR-OVER-YEAR CHANGE -16.1% -9.2% Top Core-Based Statistical Area LEWISTON-AUBURN, ME 90+ Day Foreclosure Delinquency Rate Rate JANUARY 2014 3.20% 6.43% YEAR AGO 3.82% 7.20% YEAR-OVER-YEAR CHANGE -16.4% -10.7% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the January 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary January 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. The median sales price for a home in Delaware. Source: RealtyTrac STAT INSIGHT $180,000