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76 Connecticut RANK: 6 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2014 2.51% 2.92% 6.6 YEAR AGO 2.59% 4.39% 7.8 YEAR-OVER-YEAR CHANGE -3.2% -33.4% -1.2 Top County WINDHAM COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 4.09% 4.69% YEAR AGO 3.55% 6.75% YEAR-OVER-YEAR CHANGE 15.2% -30.4% Top Core-Based Statistical Area NORWICH-NEW LONDON, CT 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 2.68% 3.58% YEAR AGO 2.80% 5.56% YEAR-OVER-YEAR CHANGE -4.3% -35.5% 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 August 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary August 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 family homes sold in Connecticut during the month of August, down from 2,898 in August 2013. It was the third month in 2014 in which single-family home sales declined year-over-year in the state, according to the Warren report. Year-to-date, the Warren Group reported single-family home sales of 16,805 in Con- necticut for January through August, a drop from 17,128 over the same period in 2013. "e real estate market in Connecticut is slumping a bit at the moment," Warren Group CEO Timothy M. Warren Jr. said. "Single-family home sales and prices have fallen in the first eight months of the year, with each posting declines of 2 to 3 percent. Last year, we saw gains of 6 to 8 percent. e recovery in the real estate market has stalled, and prices remain 12 percent below their highest levels in 2007." Home sales were not the only category where there was a year-over-year decline in Connecticut. e median price of single- family homes dropped by 5.3 percent from $285,000 in August 2013 to $269,000 in August 2014. Median home prices year-to-date were also down for the January–August period with a decrease of 3 percent to $258,000. e median home price for January–August of 2013 was $265,000, according to the Warren Group. Condominium sales fell 4.2 percent year- over-year in August in Connecticut, slipping from 684 to 655. According to the Warren Group, however, condo sales year-to-date increased by 1 percent from 4,442 during the first eight months of 2013 to 4,487 over the same period in 2014. IN THE NEWS Single-Family Home Sales Drop in Connecticut Connecticut's single-family home sales declined by nearly 6 percent year-over-year in August, according to the Warren Group, publisher of the Commercial Record. e Warren Group reported 2,735 single- Delaware RANK: 13 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2014 2.98% 2.19% 6.5 YEAR AGO 3.24% 3.07% 6.7 YEAR-OVER-YEAR CHANGE -7.9% -28.6% -0.2 Top County KENT COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 4.32% 3.40% YEAR AGO 4.83% 3.98% YEAR-OVER-YEAR CHANGE -10.4% -14.6% Top Core-Based Statistical Area DOVER, DE 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 4.32% 3.40% YEAR AGO 4.83% 3.98% YEAR-OVER-YEAR CHANGE -10.4% -14.6% 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 August 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary August 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. District of Columbia RANK: 17 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2014 2.16% 2.00% 7.6 YEAR AGO 2.64% 2.40% 8.3 YEAR-OVER-YEAR CHANGE -18.2% -16.7% -0.7 Top County DISTRICT OF COLUMBIA 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 2.16% 2.00% YEAR AGO 2.64% 2.40% YEAR-OVER-YEAR CHANGE -18.2% -16.7% Top Core-Based Statistical Area WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2014 1.94% 1.29% YEAR AGO 2.64% 2.40% YEAR-OVER-YEAR CHANGE -26.6% -46.2% 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 August 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary August 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. The percentage of increase in scheduled foreclosure auctions in Connecticut year-over-year in Q3 2014, the sixth highest increase of any state. Source: RealtyTrac STAT INSIGHT 51%