CT Market Brainstorm

[Austin Patenaude]

CT BP Members,

Hope you are all doing well.

Question - what is your take on the state of the residential and commercial market in your county? Where do you see momentum? What do you think is next? In CT in general?

Thoughts on East Hartford? Will it develop schools and overall community?

Will WeHa become oversupplied?

Feel free to DM me if you don’t want to reply publicly.

Strategy comes from discussion - all reply’s welcome!!

Sincerely,

Austin Patenaude

[William Conrad]

I own a four unit multi in Groton, CT. Bought it a few years ago for $150,000. Did some improvements and it appraised for $285,000 recently. Took equity out and looking for my next deal. The multi inventory up there has dried up completely. But maybe some single families worth looking at. Area is booming thanks to Electric Boat. Good paying jobs and solid tenants.