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Connecticut Foreclosures for Sale

The state's capital city is Hartford (found in Hartford County), which has a population of 1,188,841 people. The city has maintained a dominant position in terms of economic growth throughout a number of years, as many of the state's largest corporations are based in the city and offer plentiful opportunities for employment. Big businesses such as insurance companies, law firms and finance centers attribute greatly to the city's thriving economy. Many notable insurance firms are based in Hartford, for instance, MassMutual, the United Health Care Company and CIGNA, just to name a few. Other aspects of the economy include the commercial shipping sector, which garners its success from the Connecticut River, linking up with the Port of New York. The added combination of aviation, the construction of major highways, and freight trains, allows for a productive and proactive import/export industry in Hartford.

Other major cities found in Connecticut include New Haven, Waterbury, Stamford, Bridgeport and Bristol. Bridgeport is the state's most populated city, with an average of 144,229 people living there. Surrounding counties that are located in Connecticut include Tolland County, Windham County, Hartford County, Litchfield County and Fairfield County, just to name a few. Fairfield County's seats are Bridgeport and Fairfield, appropriately making it the most populated county in the state.

The general demographic statistics in Connecticut indicate a 3.3 percent rise in the overall population, a trend that was confirmed in 2009. Other statistics include more than 80 percent high school graduates, approximately more than 1.4 million housing units and a 66 percent rate of home ownership throughout Connecticut.

Housing trends sport an optimistic outlook currently, with prices lower than those compared to this time last year, and a decrease of approximately 7.4 percent on overall home values. Connecticut foreclosures currently sit at 13.4 percent, preceded by a rise in the percentage of Connecticut home foreclosures being sold during the period of 2010.