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Fairfield County Real Estate Market, Jan – June, 2013-2014

by Cheryl Scott-Daniels

Fairfield County Real Estate Market, Jan – June, 2013-2014

The Fairfield County real estate market continues to hold steady with last year’s pace. There were 4,326 unit sales during the first six months of 2014, representing a unit sales decrease of 1.48% from the first six months of 2013. While the number of sales may be down just slightly, the average sales price is up 2.74%, making the average sales price for the first half of the year $586,988.

Westport, Connecticut

Sales in Westport are down slightly from last year. Unit sales from January to June 2014 are down 15% from sales in the first half of 2013. The average sales price is down 7.3% in the same time frame. Sales among the upper tier, over $2,000,000, are also down by about 20% in units. 

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Qualifying A REALTOR®

by Cheryl Scott-Daniels

There are literally over a million REALTORS® nation-wide, so how does a buyer or seller go about selecting one? You may be surprised to know that even as REALTORS® we often face this same challenge. Many of our clients relocate to towns and states outside of the area we service and we have the opportunity to recommend an agent in that area. Luckily, we have a large network of REALTOR® associates whom we know and trust, but a friend just recently asked me how she should go about selecting one. To help my friend, and others like her, I have compiled the following list which we use to determine the best agents to recommend:

1.      Are they experienced? This is the first and generally easiest criteria to determine. How many years have they been practicing real estate and specifically how many years have they been selling homes in that location? It is with experience that agents sharpen their negotiating skills and build relationships with local service people including attorneys, inspectors, lenders, contractors and other REALTORS®. These relationships within the community are tremendously valuable.

2.      How educated is the agent within the real estate industry? There are several advanced real estate designations that agents can earn to further their expertise and professionalism. Agents who have earned advanced degrees are able to anticipate challenges and have the skills to avoid them. This means a smoother, more hassle-free transaction for their clients.

3.      Is the agent knowledgeable about current trends that impact the real estate market? Look for agents who have taught real estate classes or have served on real estate boards as these activities keep them up to date on legislative, legal, and environmental issues that impact their clients' sales or purchases. With this knowledge an agent is able to guide their clients and help them to make the best possible choices for themselves and their families. 

4.      Are they familiar with and do they use the latest technology? When time is of the essence, agents who own advanced technological tools are able to best assist their clients. With many communication devices, they are available when their clients need them most. Agents who utilize the latest in marketing tools ensure that their listings are in front of the maximum number of buyers. 

We would be happy to help you to locate a qualified REALTOR® in your area!

 

Green Homes and Westport Homeowners

by Cheryl Scott-Daniels

Cheryl recently had the opportunity to discuss green homes with Rich Lee at the CT Post. What green features do you look for in a home?

http://www.ctpost.com/news/article/Going-green-pays-dividends-for-Westport-homeowners-5610824.php

 

 

Displaying blog entries 1-3 of 3

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