Housing Predictions 2024 - Fairfield County | Moving to Fairfield

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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