Housing Predictions 2024 - Fairfield County | Moving to Fairfield
Автор: Jennifer Lockwood, Realtor, Living in Fairfield
Загружено: 2024-01-07
Просмотров: 263
Wondering how the real estate market is going to shift in Connecticut in 2024? This video is for you!
What we saw in 2023 was increasing interest rates, over 7% and close to 8%, tight inventory, home prices increasing but at single digit rates across the towns and still low month supply of inventory. It was, once again, a seller’s market throughout the year.
What are we expecting in 2024?
I detail my predictions based on my experience in the field, top economist predictions and our local market. There are 4 categories: demand, interest rates, home prices and inventory. What is your opinion?
Sources: NAR summit 2024
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