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The Cheryl Scott-Daniels Group is Expanding

by Anne Nelson

Cheryl Scott-Daniels, Broker/Owner of CSD Select Homes recently announced the addition of Sales Associate Jackie Seawright to her award winning team of real estate professionals serving home buyers and sellers in Fairfield County.

As a long-term resident of Fairfield County, Seawright has an in-depth knowledge of local communities and a proven ability to market and sell exceptional properties.

"We're delighted to have Jackie join our team which is dedicated to exceeding our clients’ expectations," said Scott-Daniels. "She brings tremendous sales experience and superb customer service skills and integrity that will certainly benefit our company and our clients."

Prior to becoming a member of the Cheryl Scott-Daniels Group, Seawright has spent over a decade in real estate sales and marketing support roles for local top producing teams. She grew up in Fairfield County and is a graduate of Albertus Magnus College in New Haven. An active member in the community, Seawright is on the PTA for Tomlinson Middle School and Fairfield Warde, and a Deacon at Mount Aery Baptist Church. Seawright is delighted to put her knowledge of the industry and love of Fairfield County to use towards accomplishing her clients’ goals.

As part of CSD Select Homes, Seawright will be able to offer home buyers and sellers a wide variety of valuable products and services. CSD Select Homes combines the unique benefits of a Real Estate boutique with the advanced technological tools required to market real estate worldwide. Broker/Owner Cheryl Scott-Daniels has been serving Fairfield County since 1987. She was honored by the Mid-Fairfield County Association as “REALTOR® of the Year” three times and privileged to be elected “REALTOR® of the Year” in 2010 by the CT state association, which has over 16,000 members.  In addition to helping an exceptionally high number of families buy and sell homes each year, Cheryl holds an MBA in Marketing, BS in Chemistry and has earned 10 real estate designations.

Contact Jackie:
Jackie Seawright
Realtor, CSD Select Homes
991 Post Rd East
Westport, CT 06880
Cell: 203.243.6697
Office: 203.341.0100
[email protected]

CT Home Info: Ice Dams

by Cheryl Scott-Daniels

Winter certainly found us here in Fairfield County. Connecticut homeowners have experienced freezing temps and record breaking snow fall. As temperatures fluctuate be sure to check your roof for signs of potential ice dams and ceilings for water stains.

Ice dams occur when snow on a roof begins to melt. The water flows down the roof to the gutter and freezes at the eaves. Ice builds up in the gutters, forming a dam which keeps water from draining. 

To help prevent ice dams, use a roof rake to clear heavy snow off the roof. Be careful not to pull the snow down on top of you. Plastic rakes are recommended to prevent damage to the roof. You can hire a professional to do this, safely. 

If you see ice dams forming in your gutters you can create troughs by slinging netting or stockings filled with ice melt over the gutters.

The long term solution to preventing ice damns starts in the attic. Attics with poor floor insulation allow heat to rise which causes the snow on the roof to melt. Consider adding or improving attic insulation to prevent the formation of ice damns in future winters.  

Housing Market to “Spring Forward”

by Cheryl Scott-Daniels

Housing Market to “Spring Forward” | Simplifying The Market

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward”! Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right.

Buyer demand has seasonality to it, which sometimes falls off in the winter months, especially in Connecticut where we are impacted by cold temperatures and snowy conditions.

That hasn't happened this year. 

Demand for housing has remained strong and is currently three times stronger than last year at this time.

The National Association of REALTORS (NAR) recently reported that the top 10 dates sellers listed their homes in 2014 all fell in April, May or June.

Those who act quickly and list now could benefit greatly from additional exposure to buyers prior to a flood of more competition coming to market in the next few months.

If you are planning on selling your home in 2015, let's talk and evaluate the opportunities in your market.

Two Graphs that Scream – List Your Home Today!

by Cheryl Scott-Daniels

Two Graphs that Scream - List Your Home Today | Keeping Current Matters

We all learned in school that when selling anything, you will get the most money if the demand for that item is high and the inventory of that item is low. It is the well-known Theory of Supply & Demand.

If you are thinking of selling your home, here are two graphs that strongly suggest that the time is now. Here is why…

DEMAND

According to research at the National Association of Realtors (NAR), buyer activity last month (January) was three times greater than it was last January. Purchasers who are ready, willing and able to buy are in the market at great numbers.

Buyer Demand | Keeping Current Matters

SUPPLY

The most recent Existing Home Sales Report from NAR revealed that the months’ supply of housing inventory had fallen to 4.4 months which is the lowest it has been in over a year.

Months Inventory of Homes for Sale | Keeping Current Matters

Bottom Line

Listing your house for sale when demand is high and supply is low will guarantee the offers made will truly reflect the true value of your property.

Resource: KCM

Where Are Mortgage Rates Headed?

by Cheryl Scott-Daniels

Where Are Mortgage Rates Headed? | Keeping Current Matters

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year.

Below is a chart created using Freddie Mac’s February 2015 U.S. Economic & Housing Marketing Outlook. As you can see interest rates are projected to increase steadily over the course of 2015.

30-Year Fixed Rate Mortgage Projections | Keeping Current Matters

How Will This Impact Your Mortgage Payment?

Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly.

Research released by Zillow touched on this point:

“As rates rise, new home buyers will confront higher financing costs and monthly mortgage payments. For many, this will mean tightening their budgets and sacrificing some luxuries they may take for granted today.”

The experts predict that home prices will appreciate by 4.4% over the course of 2015. If both predictions become reality, families would wind up paying considerably more for their home.

Bottom Line

Even a small increase in interest rate can impact your family’s wealth. Meet with a local real estate professional to evaluate your ability to purchase your dream home. 

 

Resource: KCM

Displaying blog entries 1-5 of 5

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