Predictions about Fairfield single family residential real estate market in 2009

Jill
Home Buyer
Easton, CT

I am looking to upgrade my housing by purchasing a home in Fairfield or a nearby community, such as Trumbull or Easton. I started looking a few months ago but given what's happening in the market, I clearly would benefit from waiting while the market continues to adjust downward. I note that some homes that were listed for near $2 million are now 10-15% lower. My question is, for those with expertise and knowledge of the Fairfield market, where is the market heading? Are we looking at another 10% drop from here over the next 12 months? 20%? Obviously, anyone who answers this is guessing but I understand that so let me know what you think. My price range is up to $1.3 million.

Answers (2)
Jill
Home Buyer
Easton, CT

I am asking about Connecticut. Thanks.

Mon Nov 24 2008, 04:04
Neil & Kathy Ha...
Agent
19341
FIRST ANSWER

Jill,

Just a little clarification needed, are you asking about Fairfield, Trumbull and Easton in Conneticutt or Pennsylvania?

Neil

Sun Nov 23 2008, 20:43

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 101
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback