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National Association of Realtors Buyer Profile 2011

The real estate industry has access to the National Association of Realtors (NAR) nationwide survey that is distributed each year. Here are some points on the “Characteristics of Home Buyers” and “Characteristics Of The Homes They Purchased” for 2011. Every year, we see a strong “desire to own and home” as homeownership is a goal for many people. And, while first-time buyer numbers are down nationally, the lower end of the market has been fueling the activity in Fairfield County, offsetting the sluggish higher end.

Characteristics of Home Buyers

  • Thirty-seven percent of recent home buyers were first- time buyers, a drop from 50 percent in 2010.
  • The typical buyer was 45-years-old, a jump from 39-years-old in 2010.
  • The 2010 median household income of buyers was $80,900. the median income was $62,400 among first-time buyers and $96,600 among repeat buyers.
  • Sixty-four percent of recent home buyers were married couples—the highest share since 2001.
  • For 27 percent of recent home buyers, the primary reason for the recent home purchase was a desire to own a home.

Characteristics of Homes Purchased

  • New home purchases continue to drag at a share of 16 percent of all recent home purchases.
  • The typical home purchased was 1,900 square feet in size, was built in 1993, and had three bedrooms and two bathrooms.
  • Seventy-seven percent of home buyers purchased a detached single-family home.
  • The quality of the neighborhood, convenience to job, and overall affordability of homes are the top three factors influencing neighborhood choice, however neighborhood choice varies considerably among household compositions.
  • When considering the purchase of a home, heating and cooling costs were at least somewhat important to 87 percent of buyers and commuting costs were considered at least somewhat important by 73 percent of buyers.

 

 

Posted in CT Real Estate, Fairfield County Real Estate, Westport Connecticut, Westport Connecticut Real EstateComments Off on National Association of Realtors Buyer Profile 2011

Start To Save With This Energy Star Home Energy Assessment

Start To Save With This Energy Star Home Energy Assessment

Every now and then I stumble across a great tool on the internet that helps homeowners save money. I love this Energy Star assessment which compares your energy use to other homeowners around the country. It will also give you recommendations to improve your energy usage.

Posted in CT Real Estate, Fairfield County Real Estate, Southport Connecticut, Weston Connecticut Real Estate, Westport Connecticut, Westport Connecticut Real Estate, Westport CT Rentals, Wilton ConnecticutComments Off on Start To Save With This Energy Star Home Energy Assessment

Westport Prudential CT Realty’s Top Agents For November

Prudential CT Realty’s Westport office congratulates these top two agents for their outstanding performance in November.

Ann Tonucci has been recognized as “Top Selling Agent” in November.

Ann is an experienced real estate agent with an extensive sales background with a fortune 500 company. She managed major accounts, which honed her skills of listening to her clients and being a strong resource for them. She has translated that successful experience into her real estate sales and has continued to exceed her client’s expectations.

“One of the things I love about Ann is her laser focus on her clients”, added Melissa Riley, Manager, “She has patience and compassion for everyone she works with.”Ann has also been committed to her community and does volunteer work with First Church of Fairfield, Cub Scouts and the Sunshine Kids.

Congratulations to Ann for her accomplishments in November and her contributions to our team. She can be reached at anntonucci@prudentialct.om.

Karen Parrella is been highlighted as “Top Listing Agent” in November.

Karen has been involved in real estate since she was 12 years old. As the daughter of an award-winning realtor growing up in Oklahoma, and with a sister (another top producer) also in the business, Karen has been exposed to all aspects of the real estate business. Prior to entering real estate, Karen was President/CEO of her own television production and marketing company and served as the executive producer/creator of several award-winning TV series. She also raised all the production funding and partnered with numerous major publishers.

Karen is deeply involved in the community. She is on the Levitt Pavilion board, an outdoor theater in Westport, is a former board member of the Westport Country Playhouse, and has run The Westport Arts Center’s Auction. She has chaired numerous major events and often serves on committees for all of the Arts’ organizations. Karen is a former professional opera singer & actress. She currently sings with two other women in the group, “3 Chicks Who Sing”.  Recent performances include concerts at The Westport Arts Center, The Levitt Pavilion and a benefit for “The Sunshine Kids”, Prudential’s charity.

Congratulations to Karen Parrella for your accomplishments as the top listing agent for November! She can be reached at kparrella@prudentialct.com

 

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Prudential CT Realty’s Westport Regional Office Welcomes Irmi Streidt

Prudential CT Realty’s Westport Regional Office Welcomes Irmi Streidt

Please welcome Irmi Streidt to our Westport Prudential CT Realty regional office. Irmi has lived in Westport for over 30 years and has been focusing her real estate business in Westport, Weston, Wilton, Norwalk, Fairfield, Southport and Easton. She has been successful working with another company and wanted to utilize all of the tools and services being offered to Prudential CT Realty clients.

“Westport and the surrounding areas have such great amenities and my family enjoys living here,” added Irmi, “Having that area knowledge has helped me in working with my clients”.

She enjoys working with first-time home buyers, downsizing buyers and transitions into condominiums. “Irmi combines her patience and experience in working with her buyers to find them just the right fit”, mentioned Melissa Riley, Manager, “She also works effectively with sellers in pricing their homes correctly.”

Prudential CT Realty in Westport welcomes Irmi Stredt and we look forward to supporting her growth in the company. She can be reached at 272 Post Road East, Westport, Connecticut, at irmistreidt@prudentialct.com or (203)216-1001.

 

Posted in CT Real Estate, Fairfield County Real Estate, Westport Connecticut, Westport Connecticut Real EstateComments Off on Prudential CT Realty’s Westport Regional Office Welcomes Irmi Streidt


Buying, Selling Or Renting In Fairfield County Connecticut? Contact Us At (203)253-9222

FreshPickedRealEstate.com is known as "Fairfield County CT's Favorite Real Estate Blog". We feature market statistics, community events and interesting happenings in and around lower Fairfield County Connecticut, including Westport, Weston, Wilton, Norwalk, Fairfield and Easton. Look for real estate tips with a focus on "green living" in the area.
Contact me at MelissaBrownRiley@gmail.com or at (203)253-9222 for info on all real estate services, including buying, selling or renting in Fairfield County, Connecticut or in any other county or state through our national network. We also specialize in buying or selling "short sales" and foreclosures.

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According to the National Association of Realtors, 91% of all buyers begin their search on the internet. As a seller, having a definitive online strategy creates a differentiation to maximize your exposure to the right target market. I offer 31 years of real estate experience with a strong technology twist and focus on utilizing Google to attract attention to your listing. Find out how we can create an advantage for you.

Investors from New York Searching In Fairfield County

Are you an investor from New York looking for well-valued properties in Fairfield County? We will pair you with an experienced agent who can assist you in your search. Melissa Riley (203)253-9222. Berkshire Hathaway HomeServices-New England Properties

Luxury Rental Listings Are Needed

Fairfield County, including the towns of Westport, Weston, Fairfield, Easton, Wilton and Norwalk are highly desirable towns for rentals.
We are experiencing a lack of quality luxury rental listings in lower Fairfield County. We have tenants looking for rental properties that fit their needs.
We will assist you with establishing the rental value on your home and helping you through rental process. Proper representation is the core of our business and I we zero in on your needs no matter if you are landlord or tenant.

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