Buying Real Estate in Fairfield, CT 06825

Trulia Local News Feed - Fairfield, CT 140 price reductions in Fairfield, CT---- 11 upcoming open houses in Fairfield, CT---- 30 new listings in Fairfield, CT in the past 7 days---- Average listing price in Fairfield, CT went down 1.30% to $1,017,186 from prior week---- 17 foreclosures in Fairfield, CT---- Median sales price in Fairfield, CT went down 33.39% to $333,062 from prior quarter---- 17 sold properties in Fairfield, CT in the past 60 days---- Average price per sqft in Fairfield, CT went down 11.15% to $271/sqft from prior quarter----

single_family_home_in_Fairfield

Back to the Basics in Home Buying

In 2008, the real estate bust reversed an estimated $2 trillion gain in home values but we are finally seeing an upside to this reversal.

Those same falling home prices that caused worldwide financial turmoil may end up being the ultimate solution to the bust.

With Fairfield, CT home prices down about 21% from their 2006 peaks, affordability, historically low mortgage interest rates and first-time home buyer incentives are bringing deals together in Fairfield again. Many economists agree that we've seen the bottom of the market.
Sale volumes are up in many towns & cities in Connecticut but prices are staying put.

There are some important lessons for all to learn from the bust but let’s recap how the bust happended and what we can all do to avoid this in the future.

more about Smart Home Buying

Tools to Use When Buying a Home

Things to Consider if You Want to Buy a Condo in Fairfield, CT

It took me 5 houses and endless hours of yard work to realize it. Yet there are others who just know that owning a condo instead of a single family residence is the way to go. Buying a condo is a good option for both first-time home buyers and older folks who are ready to downsize, condos are typically smaller and less expensive than a single family home, and can include attractive amenities as part of a home owners association (HOA), such as pools and fitness facilities.
Outlined are some things to consider.

more about Buying a Condo

Buying a REO (Real Estate Owned),
a Foreclosure or a Short Sale.

You’re searching for properties on your favorite Internet real estate web site and you come across a house for $200,000 in a great part of Fairfield. Having looked in Fairfield for your next home you know that prices never go below $400,000 so could this be a mistake? Chances are the property is either a Short Sale, a Foreclosure, or a REO.
Bank-owned property sales have grown significantly in Connecticut this past year.

more about Fairfield Foreclosures

Sign-Up for Daily Listings and Open House Notifications with Listingbook
WARNING: My clients get addicted to this service.

Home : Buying : Renting: Selling : Mortgage : About Town: Contact Me