Back in September, I blogged about "Short Sale - What is It?". I think this is useful information as I frequently explain what a short sale is to both buyers and sellers. My intention at the time (although I did not mention it) was to update you from time to time about the number of short sales actively listed for sale in Newtown, CT.
There is a special code on our multiple listing service (MLS) that indicates a possible short sale. I did a search using this code and came up with the same seven houses that were listed for sale back in September. Price range is exactly the same - $299,000 to $1,355,000; however, many of the homes in the range have taken price reductions.
If you have any questions or if you'd like a list of possible short sale properties, Email us!