ERA Select Homes • 991 Post Rd E • Westport, CT 06880
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As we look back over the past 2 years we can see positive trends in the real estate market and conclude that the Fairfield County Real Estate market is stabilizing. Unit sales are up and the decrease in the home prices have slowed dramatically to where prices are almost flat.
Buyers over-all have the advantage of choice and historically low interest rates. There are great financing options available to those buyers who are well qualified. In many areas, the monthly cost of buying a house is lower than paying rent.
Sellers have an advantage to upgrade to a larger property at a great price! With the large amount of homes on the market, we stress to our seller’s the importance of making their home stand out above the competition and most importantly if sellers are serious about selling their homes, they must price realistically! Sellers should talk to their REALTOR® about steps they can take to help put their home at the top of the buyer’s list!
The real estate market varies from each town and even neighborhood. When we report a stabilization in the Fairfield County Market it is the county over-all. Listeners should contact us for statistics specifics to their town. There are advantages to buying and selling in every town but those advantages vary.