Connecticut Plagued By Soaring Foreclosure Rate

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Connecticut Plagued By Soaring Foreclosure Rate

by KAOMI GOETZ

December 31, 2013 4:39 AM

 

In the U.S. last month, home foreclosures fell to the lowest level since the mortgage crisis began eight years ago. But in Connecticut, and several other states, foreclosures are still rising dramatically.

DAVID GREENE, HOST:

OK. We’re seeing more signs of recovery in the housing market. Last month, foreclosure filings dropped to their lowest levels since the housing crisis hit in 2007. And overall home prices are up nationwide. But recovery is not the narrative everywhere. In some states like Connecticut, foreclosures in 2013 have been up significantly over the year before.

Reporter Kaomi Goetz of member station WSHU has the story.

KAOMI GOETZ, BYLINE: Holly House has shoulder-length red hair, a big smile and a trusting demeanor. She sits in front of a stack of papers and has no problem talking about one of the biggest messes of her life.

via Connecticut Plagued By Soaring Foreclosure Rate : NPR. term papers

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