Connecticut cities among the worst real-estate markets, survey s - WFSB 3 Connecticut

Connecticut cities among the worst real-estate markets, survey says

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Hartford has one of the worst real-estate markets in the country, according to WalletHub. (WFSB photo) Hartford has one of the worst real-estate markets in the country, according to WalletHub. (WFSB photo)
HARTFORD, CT (WFSB) -

Several Connecticut cities rank among the worst in the country when it comes to their real-estate markets.

The personal finance website WalletHub said it conducted an in-depth analysis of 2016's best real-estate markets.

Hartford was the 8th worst, according to the survey.

Here's how the city's metrics ranked:

  • 298th in percentage of homes with negative equity
  • 281st in average number of days until a house is sold
  • 265th in median home-price appreciation
  • 269th in job growth rate
  • 178th in foreclosure rate
  • 272nd in percentage of mortgage holders in delinquency
  • 232nd in number of unsold homes owned by banks (REOs)
  • 136th in home price as a percentage of income
  • 298th in unemployment rate
  • 232nd in population growth rate

WalletHub said it compared 300 U.S. cities across 16 metrics.

Not much better, Waterbury made the list as the 9th worst, Bridgeport was the 13th worst and New Haven was the 15th worst.

Stamford ranked toward the middle at 190 of 300.

The worst in the country was Newark, NJ. Check out a list of the worst here.

Check out the complete study here.

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