Celebrating National Homeownership Month in Eastern Connecticut

Celebrating National Homeownership Month in Eastern Connecticut
By Bridget Morrissey | Bridget Morrissey Realty, LLC

The American Dream Is Alive in Our Communities

As we approach National Homeownership Month this June, I’m reminded daily why Stonington, Groton, and Ledyard remain some of Connecticut’s most desirable communities for homebuyers. From our historic seaside charm to our strong sense of community, eastern Connecticut continues to embody the American Dream of homeownership.

The Evolution of Homeownership in America

National Homeownership Month traces its roots to 1995 when President Clinton established National Homeownership Week. This initiative aimed to:

Expand access to affordable housing
Educate first-time buyers
Strengthen community development

In 2002, President Bush expanded the observance to the entire month of June, noting that owning a home lies at the heart of the American Dream.

Key Milestones in Housing History

The team approach includes a Realtor, Home Inspector and a Lawyer.

1862
Homestead Act
Granted 160-acre plots to settlers

1934
Federal Housing Administration
Created modern mortgage system

1944
GI Bill
Provided veteran home loans

1968
Fair Housing Act – Prohibited housing discrimination

Connecticut’s Fair Housing Leadership

At the April 9th Eastern Connecticut Association of Realtors meeting at the Norwich Inn and Spa, we reaffirmed our commitment to:

Expanding access to homeownership programs
Combating modern housing discrimination
Promoting inclusive community development

Connecticut has been at the forefront of fair housing since 1949 when we first prohibited discrimination in public housing.

Our state laws now protect against discrimination based on:

Race and national origin
Lawful source of income
Domestic violence victim status
Gender identity and sexual orientation

“Fair housing isn’t just a legal obligation – it’s a moral imperative for building strong communities.”

Connecticut Housing Finance Authority Programs

https://www.chfa.org/

All Homebuyer Mortgage Programs

Down Payment Assistance Program (DAP) Loan

Time To Own – Forgivable Down Payment Assistance

HFA Advantage® and HFA Preferred™ Loan Programs

Government Insured Mortgage Programs

FHA 203(k) Renovation Mortgage Programs

Home of Your Own Program

Military Homeownership Program

Police Homeownership Program

Smart Rate Pilot Interest Rate Reduction Program

Teachers Mortgage Assistance Program

Mobile Manufactured Home Loan Program

Mobile Manufactured Home Refinance Program

U.S. Department of Housing and Urban Development

Federal Housing Administration (FHA) Loans

Require a low minimum down payment of 3.5%.

Home Possible^®

A 3% down payment with flexible sources of funding from FreddieMac

The information on this page is not part of, and is not a replacement or substitute for, the requirements found in the Freddie Mac Single-Family Seller/Servicer Guide and your other Purchase Documents.

Eastern Connecticut Market Snapshot

Why Choose Eastern Connecticut?

From Mystic’s maritime heritage to Ledyard’s rolling countryside, our communities offer:

A variety of local attractions!

Unparalleled access to Long Island Sound!

Thriving local business corridors

Your Path to Homeownership

As part of National Homeownership Month, Bridget Morrissey Realty is offering:

Free first-time buyer seminars
Down payment assistance program guides
Neighborhood orientation tours

Essential Steps for Buyers

Get pre-approved for financing
Identify preferred neighborhoods
Partner with a local expert

Client Success Stories

Frank Neigel

Bridget was amazing to work with to sell our home. She was so professional, organized, and she helped us work through all the details to sell our home smoothly. Her marketing and network connections were fantastic. She truly knows the market and made great recommendations for us. Bridget is so nice to work with and we would highly recommend her.

Tom N.

Bridget went above and beyond helping me find my first home. She took a personal interest and made it her mission to find the right fit for me. I was coming from 2 hours away every weekend to see homes and after just a few weeks she found me the perfect place.

Five Star Rating for Real Estate

Richard Zinn

Bridget did a fantastic job helping sell our condo. She knows the market and got us a great price for the condo. Bridget is not only a great realtor she is a friendly and caring person.

Aileen Elias

Bridget is an excellent realtor. We were very happy with the outcome. She is professional and thorough.

Your Eastern Connecticut Home Awaits

This National Homeownership Month, take the first step toward your American Dream. Contact our team to:

Schedule a personalized market consultation
Access exclusive listing alerts
Learn about local incentive programs

Watch on YouTube

Visit bridgetmorrissey.com or call (860) 857-5165 to begin your journey.

Bridget Morrissey Realty, LLC | Serving Eastern CT Since 2011 | Equal Housing Opportunity

Disclaimer: Market statistics based on April 2024 SmartMLS data. Programs subject to eligibility requirements.

Frequently Asked Questions

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About the Author

Nautical Tales & Nature Trails

Bridget Morrissey is not just a Realtor but a multifaceted professional dedicated to her community. In addition to her real estate expertise, she’s the author of “Nautical Tales & Nature Trails, Recreation in southeastern Connecticut and southern Rhode Island,” available on Amazon. She also produces the Public Access TV Show of the same name, sharing her passion for local landscapes and communities. Whether you’re looking to sell your home or find your dream property, Bridget Morrissey’s comprehensive approach ensures you receive insightful guidance throughout your real estate journey.