Affordability by Town of Connecticut Real Estate

HOMEConnecticut, a statewide campaign aimed at increasing the amount of affordable housing in Connecticut, has released its latest report about housing affordability in Connecticut’s 169 towns. The report notes that in 2009 there were 58 towns in which a family earning that town’s median income would not be earning enough to qualify for a mortgage on a house priced at that town’s median home price. This is down from 117 towns in 2008 due to the sharp drop in home prices.