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A Connecticut Mortgage: A Great Real Estate Investment

Buying a home is a big decision, but a Connecticut home backed by a Connecticut mortgage could be the best choice for you. Diverse in landscape and culture, Connecticut is known for offering not only a city lifestyle with friendly suburbs, but also farmland areas that feature that small-town feel everyone can enjoy.

As the southernmost state in New England, the Constitution State reaps the benefits of being both within earshot of major metropolitan hubs like New York City and Boston, as well as being a short jaunt from the ocean and mountains. Within its compact borders are Ivy League schools, modern expressways, small farmlands and large corporate office blocks that serve as hubs of innovation and commerce.

And because Connecticut is such a thriving center of business and industry, people as a result want to call it home. A healthy manufacturing sector, not to mention solid reputation as “the insurance state,” means jobs are in no short supply. The fact that it boasts the highest per capita income means its residents can afford it’s higher than average property tax rate and home prices. The state school system is solid, as are the many private and religious schools and universities spread throughout.

With a new home in Connecticut, you get more than just proximity to bustling cities, quaint towns, open space, top-tied education, and great job opportunity. Enlisting a Connecticut mortgage to live in the comforts of the Constitution State allows you to take advantage of various state-specific homeownership benefits and incentives.

 

Connecticut Real Estate Statistics

  • Property Taxes
    Average median property taxes paid on homes is $ $4,436
  • Tax Rate
    Average property taxes as percent of median income is 5.21%
  • Unemployment Rate
    6.7% (Ranked 39th in US)
  • Median Home Price
    $279,900

Get To Know The Top Connecticut Cities

  • Bridgeport
  • Waterbury
  • New Haven
  • Hartford
  • Norwalk
  • Stamford
  • Danbury

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