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Real Estate Sales Hold Steady In Fairfield

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Multi-million dollar homes and yachts are viewed in ads in a real estate office in Greenwich, CT (Photo by Spencer Platt/Getty Images)

Multi-million dollar homes and yachts are viewed in ads in a real estate office in Greenwich, CT (Photo by Spencer Platt/Getty Images)

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FAIRFIELD, CT (WCBS 880) - Despite all of the instability in the economy, real estate sales in Fairfield County, Connecticut are holding relatively steady.

WCBS 880 Connecticut Bureau Chief Fran Schneidau On The Story


Marlene Fisher, a seasoned realtor there, says she’s seen some hesitancy among buyers to step in who are perhaps worried about the overall economy.

But Fisher of William Pitt Sotheby’s in Southport, has something to say to those sitting on the sidelines.

“You have the opportunity to move up, to purchase a more expensive home. Now is your moment,” she said. “I think the people who are in a position to go forward are recognizing that we have record low-interest rates. The pricing is great and I think this is a blip in our stock market.”

Fisher says that’s because there are terrific values on high-end real estate, especially in towns like Darien and New Canaan where prices are dropping.

“Go forward. Don’t be so nervous. Go ahead and do it. It’s a great opportunity,” she said.

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