Hello, IT’S GOOD NEWS MONDAY, and I’M SHARING SOME GOOD NEWS 🌸 AND OPTIMISM🌻 WITH YOU! Feel free to share your good news in the comments.
There’s an easy way you can support Ukraine one loaf at a time!
Donate $100 minimum and receive a special Ukrainian stuffed poppyseed bread baked by my client’s friend at Yale School of medicine, Professor Irina Esterlis, Phd. Please send donations and bread orders to her at poppies4ukraine@gmail.com. Read the story and consider donating to one of the alternative charities here.
Support Ukraine, one loaf at a time!
Here’s Some Good News in Our Local Real Estate Markets
12 homes 🏡 Sold last week in Fairfield and Westport! There are 158 Active listings, 43 of which are New (less than 14 days old), plus 5 more are Coming Soon 🏃♀️, offering the opportunity for more people to find a new dream home 🎉!
Hello, and HAPPY SPRING! 🪴IT’S GOOD NEWS MONDAY, and I’M SHARING SOME GOOD NEWS 🌸 AND OPTIMISM🌻 WITH YOU! Feel free to share your good news in the comments.
Yesterday was the spring equinox, or vernal equinox, which has been celebrated for centuries. Historically, the spring equinox has represented more than just the first day of spring or when the flowers begin to bloom. It has become a symbol for rebirth, fertility, and new beginnings.
Here’s Some Good News in Our Local Real Estate Markets
16 homes 🏡 Sold last week in Fairfield and Westport. There are 154 Active listings, 41 of which are New (less than 14 days old), plus 3 more are Coming Soon 🏃♀️ offering the opportunity for more people to find their new dream home 🎉!
In this intensely competitive buyer’s market, you need to be truly ready to buy and have the competitive edge of a committed agent on your side. If you’re like most, buying a home is a huge endeavor for you. You owe it to yourself to be fully committed and have a cohesive plan and expert advocate on your side. This is especially true if you are coordinating your purchase and your sale.
Consider these eight factors for successful home-buying in the current real estate market.
Make Sure You Are Truly Prepared. Ryan Raveis, Co-President of William Raveis, Inc. recently spoke at the Luxury Portfolio International Summit in Las Vegas and shared four recommendations from top real estate economist, Dr. Marci Rossell for being prepared: First, be financially ready. Second, be emotionally ready, and know what size, style and price home you want. Third, have a sense of urgency, because most of the competing buyers do. And forth, bring your desire to compete!
Have an Expert Guide Who Knows What You Want. You should hire a Realtor before you do anything else so that you will have a dedicated guide who understands your preferences, tastes, and priorities as you start your search. This will enable your agent to make your process focused and efficient.
Be the First to Know. There are numerous buyers looking to pursue the same listing you want in this market. Agents send listings to the clients who have hired them for their home search before sharing with buyers who sign a buyer agreement at the last minute on the way to a showing. These properties can be homes for sale privately in-house and coming soon that agents may learn of through their office, and network. Your agent can also reach out directly to owners of off-market homes that interest you.
Get Help Assembling Your Team. Your agent will help you assemble your extended team of professionals including your lender, attorney, and inspector.
Ensure Your Confidentiality Is Protected & Get the Inside Scoop. Enjoy confidentiality of the information you provide about your priorities and motivations, knowing it is protected from competitors. You may also benefit from learning inside information your agent hears about. Confidentiality and disclosure are reserved for clients that have a representation agreement in place.
Get Information You Need to Make Informed Decisions. When you find a property you want, your agent will provide you with information you need such as property disclosures, maps, fuel tank status, wetlands, improvements, flood information, sale history, and comparable sales so you feel comfortable making your choices.
Get In-depth Support From Start to Finish Line. Your agent will be your trusted guide during the entire process of your home purchase. This means,
Targeting your search so you don’t waste time or miss out on a home you like
Explaining your options for making an offer that is favorable to you and also most likely to be accepted by the seller
Negotiating for you during your offer and after inspections
Monitoring the critical steps once you have an accepted offer
Being there to answer your questions and calm emotions that often go with this monumental purchase
Enable Your Agent To Do the Best Job For You. Last, but not least, your Realtor is a professional with extensive training, experience, resources, and expertise who is investing significant time and passion into achieving your success. You want to work with them in a way that allows them to do the best job for you. Team-up with your Realtor for your home run!
You are now on the best path to your exciting new home!
19 homes 🏡 Sold last week in Fairfield and Westport! There are 160 Active listings, 51 of which are New (less than 14 days old), plus 1 more Coming Soon listing 🏃♀️, offering the opportunity for more people to find a new dream home 🎉!
Hi! IT’S GOOD NEWS MONDAY, and I’M SHARING SOME GOOD NEWS 🎉 AND OPTIMISM 🤗 WITH YOU! Feel free to share your good news in the comments.
Meet 10 Amazing sea creatures you’ve never seen before and get inspired by Mother Nature’s infinite design genius!
Next up, my favorite dancing robots in a flawless spirited performance!
Check Out the Action in Our Local Housing Market!
30 homes 🏡 Sold last week in Fairfield and Westport! There are 163 Active listings, 48 of which are New (less than 14 days old), plus 5 more are Coming Soon 🏃♀️, offering the opportunity for more people to find a new dream home 🎉!
Where did the market go in November? The Westport and Fairfield town-wide sales pace in November, though below that of last November 2020 coming off the Covid spike, was still above that of 2019. Inventory dipped below two-months of supply in Fairfield and stayed at three months of supply in Westport. Low inventory continued to be the most significant limiting factor, and multiple-offers were still happening with many listings. The median sale price in Fairfield was 12% below November 2020 numbers and was up 25% in Westport. Days on market averaged 49 days in Fairfield and 63 in Westport.
Purchasing a home now can award instant equity in addition to exponential savings over the life of a mortgage if home values continue to appreciate and rates begin to creep up as projected by economic experts. Waiting until next year to buy a home could result in a more expensive purchase. Homeowners that sell now can benefit from a larger buyer pool than next year when homes will be more costly for buyers if interest rates increase. Sellers have much less competition in the winter months than during the spring market, and buyers in the winter are very serious.
If you are like many others who want to sell but are still on the fence, this winter still offers an excellent opportunity to make your move. Interest rates and inventory are still low, and buyer demand is still extremely strong. You are right to seek an expert guide to help you put your strategy in place to reach your goal! Call me today to discuss your plans ==> (203) 912-4440.
What Happened in November in these two hot spots, downtown Fairfield and Greens Farms Westport? Check out the following lists of the homes that sold and where homeowners accepted offers. The big charts also show the town-wide stats.
FAIRFIELD DOWNTOWN – Within a one-mile radius of the downtown train.
Below are the 12 single-family closings and seven new accepted offers in downtown Fairfield in November.
SOLD:
NEWLY ACCEPTED OFFERS:
Take a look at the Fairfield town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!
WESTPORT GREENS FARMS
There were three single-family sales and one accepted offer in November in Greens Farms.
SOLD:
NEWLY ACCEPTED OFFERS:
Take a look at the Westport town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!
Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help ===> (203) 912-4440.
Looking at how the market did in October… The Westport and Fairfield town-wide sales pace in October slowed a bit from the previous month, consistent with the seasonal trend, and was also down significantly compared to the Covid spike in October 2020, but the sales pace was still above the same time of year in 2019. Inventory remained at two-months of supply in Fairfield and three months in Westport. Low inventory continued to be the most significant limiting factor in these markets. The median sale price was within 2-3 percent of October 2020 numbers and remained significantly higher than in 2019. Market time was still brisk ensuring a constant refresh of available homes for sale.
Industry experts predict continued appreciation of property values and rising interest rates next year. Purchasing a new home now can award instant equity in addition to exponential savings over the life of a mortgage. Waiting until next year to make a purchase can result in a more expensive purchase. Homeowners that sell now benefit from a larger buyer pool than next year when homes will be more costly for buyers if interest rates go up.
If you are like many others who want to sell but are still on the fence, this fall continues to offer an excellent window to make your move. Interest rates and inventory are still low, and buyer demand is still strong. You are right to arm yourself with an expert guide to help you put your strategy in place to reach your goal! Call me today to discuss your plans ==> (203) 912-4440.
What has sold in these two hot spots? Where are the accepted offers in October and the beginning of November? Check out the scoop below and take a look at the charts showing the town-wide data.
FAIRFIELD DOWNTOWN – Within a one-mile radius of the downtown train.
Looking at single-family sales, there were 14 closings in October. Market activity showed 16 new accepted offers, including three condominiums and one commercial building in October through November 8th in Fairfield’s downtown and beach area.
SOLD:
NEWLY ACCEPTED OFFERS:
Take a look at the Fairfield town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!
WESTPORT GREENS FARMS
There was one single-family sale October in Greens Farms. There were four new accepted offers, all single-family homes between $1-4 million, in Westport’s Greens Farms neighborhood through November 8th.
SOLD:
NEWLY ACCEPTED OFFERS:
Take a look at the Westport town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!
Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help ===> (203) 912-4440.
When my clients and the markets bring new challenges to me, I want to be sure to respond by bringing new solutions and a compelling marketing strategy to the table. That’s why I work for a company that thinks out of the box and always supports me and my clients with cutting-edge innovation. We are not thinking in terms of black and white, (or even 50 shades of gray 😃), but with an exhilarating and vibrant focus on color and creativity!
William Raveis is about to make a big splash! This week, we will begin launching our new campaign, “Your Best Just Got Better” that highlights the individuality of Raveis agents and how our company empowers us to express our creative freedom to help our clients reach their goals. (Here’s a sneak preview of how some of the images will look on billboards, in magazines and newspapers, on TV, and online.)
Creativity is the key to our success! We don’t dream in boring black and white; we dream in color, and we dream BIG. The powerful paint splash represents the variety of creative programs and services our agents have to accomplish their clients’ home goals. The colors in our new campaign are expressions of all the resources we have as a company.
It’s truly revolutionary: Not only does our company have the resources to buy the home you want to sell (Raveis Purchase), we can also buy the home you want to buy so you can present an all-cash deal (Raveis CashBid™) and finance it later (William Raveis Mortgage). We also offer bridge financing to help bridge the gap between selling and buying. In addition to our stellar tech and local expertise, our financial resources truly provide an edge over our competition.
On that note, stay tuned for the new look and feel of William Raveis Mortgage and all of the exceptional products and services. The new look pays tribute to our company’s heritage, and it is purposeful, bold and as distinctive as the high-quality service we provide.
We are in the very unique position of being a mortgage company that understands real estate, and this gives our clients a competitive advantage. Our home-selling expertise means we can provide our clients the best financing advice, service, and insight to win competitive offers.
Do you have a challenge my team and I can solve for you?
Looking at how the market did in September… The Westport and Fairfield town-wide sales pace in September was slower than the previous month of August as well as the Covid spike in 2020, but the pace was still above sales in September 2019. Low inventory remained the strongest limiting factor. Our local housing markets in both towns progressed with strong sales and a continued increase in the median sale price during September.
If you are like many others who want to sell but are still on the fence, the fall season will continue to offer an excellent window to make your move. Interest rates and inventory are still low, and buyer demand is still strong. You are right to arm yourself with an expert guide to help you put your strategy in place to reach your goal! Call me today to discuss your plans, (203) 912-4440.
What has sold in these two hot spots? Where are the accepted offers in September? Check out the scoop below and take a look at the charts showing the town-wide data.
FAIRFIELD DOWNTOWN – Within a one-mile radius of the downtown train.
Looking at single-family market activity, there were 16 closings in September compared to 19 in August, and 13 new accepted offers in Fairfield’s downtown and beach area at the time this post was written.
SOLD:
NEWLY ACCEPTED OFFERS:
Take a look at the Fairfield town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!
WESTPORT GREENS FARMS
There were 7 single-family sales in September compared to 10 in August. There were two new accepted offers in Westport’s Greens Farms neighborhood at the time of this post.
SOLD:
NEWLY ACCEPTED OFFERS:
Take a look at the Westport town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!
Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help ===> (203) 912-4440.
Looking at the market activity in August… The Westport and Fairfield town-wide sales pace in August showed an up-tick from the previous month of July, and was also up from unit sales in August 2019, despite a dip in numbers compared to the Covid spike in 2020. This is likely due to many people taking advantage of vacation opportunities in July. The local housing markets continued with strong sales and high prices in both Downtown Fairfield and Greens Farms Westport during August.
If you are like many others who want to sell but are still on the fence, September will continue to offer an excellent window to make your move. Interest rates and inventory are still low, and buyer demand is still strong. Rates may creep up heading into fall! You are right to arm yourself with an expert guide to help you put your strategy in place to reach your goal! Call me today to discuss your plans, (203) 912-4440.
What has sold in these two hot spots? Where are the accepted offers in August? Check out the scoop below!
FAIRFIELD DOWNTOWN – Within a one-mile radius of the train.
There were 21 closings in August compared to 25 in July and 10 new accepted offers in Fairfield’s downtown and beach area at the time this post was written.
SOLD:
NEWLY ACCEPTED OFFERS:
Take a look at the Fairfield town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!
WESTPORT Greens Farms
There were 10 sales in August compared to seven in July. There was one new accepted offer in Westport’s Greens Farms neighborhood in August, and a few more had just gone to contract.
SOLD:
NEWLY ACCEPTED OFFERS:
Take a look at the Westport town-wide stats from the William Raveis Local Housing Data. Send me a note below if you would like the link to add the LHD shortcut to your phone!
Call me if you are thinking of making a move in the next 12 months, and we will have a 15 minute consultation to discuss your goals, the market, and whether I can help. —> (203) 912-4440
Fairfield and Westport CT Real Estate Guide 