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.
I am asking about Connecticut. Thanks.
Jill,
Just a little clarification needed, are you asking about Fairfield, Trumbull and Easton in Conneticutt or Pennsylvania?
Neil
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