Year-End Murtaugh Minute: Very Optimistic for a Robust 2024

I am very optimistic for a robust 2024. After months of rising interest rates, the latest news released yesterday by the Feds is very positive.

In case you missed it, yesterday the Fed held its key interest rate steady for the 3rd straight time and set the table for multiple cuts to come in 2024 and beyond, keeping the benchmark overnight borrowing rate in a targeted range between 5.25%-5.5%. Members penciled in at least 3 rate cuts in 2024, after 11 hikes since 2022, assuming quarter percentage point increments, less than market pricing of four, but more aggressive than what officials had previously indicated. (CNBC)

In addition, the stock market is doing very well. This gives both buyers and sellers the confidence to move forward with their Real Estate plans. I’m very excited for what lies ahead in the coming year and extremely grateful for our achievements in 2023.

Wishing everyone a very a wonderful and safe Holiday.  All the best for a Healthy, Prosperous and most Happy New Year.

Happy Thanksgiving from Karla Murtaugh Homes

It’s one of my favorite weeks of the year – Thanksgiving! Such a great time to spend time with friends and family, and of course enjoy great food. If you’re traveling for the holiday, I hope you stay safe. If you’re staying here in town, I hope you’ll join us Thursday morning for the 42nd Annual Turkey Trot benefitting the Boys  & Girls Club of Ridgefield. Megan Searfoss, owner of Ridgefield / Darien Running Company, does a great job as emcee and race announcer of the race. A top business owner and a highly ranked runner herself! You can still sign up here if you haven’t already: https://runsignup.com/Race/CT/Ridgefield/RidgefieldTurkeyTrot

 

This is one of my favorite nonprofit organizations in our town and I’m very proud to be a long time board member. My husband Greg and I are big advocates of giving back. The first organization we got involved with was the Ridgefield Boys & Girls Club. I have been fortunate to serve on the Executive Board for many years and incredibly impressed by the leadership of Mike Flynn and his talented and dedicated team. We are so fortunate to have this organization available to all of our youth here in town.

 

The Boys & Girls Club of Ridgefield is a youth activity center designed to offer programs for school-aged children after school and during vacations in five core areas: The Arts, Character & Leadership, Education, Health & Life Skills, and Sports, Fitness & Recreation. Club programs and services promote and enhance the development of boys & girls by instilling a sense of competence, usefulness, belonging and influence.  From homework help to computer access for research, to innovative after school activities, to sports and vacation programs, the Boys & Girls Club of Ridgefield is at the forefront of providing exciting opportunities for school-aged children. They also facilitate scholarships to assist exemplary students in furthering their education and give out these scholarships to the Youth of the Year at the annual Great Futures Celebration.

During the holidays and all year long, I’m so thankful to live and work in a town like Ridgefield. We have so much to be grateful for here: an incredibly safe town, some of the best schools in the country, a thriving arts community, fabulous restaurants, a dedicated philanthropic community, and a wide variety of leisure activities no matter your interest. There’s truly something for everyone, and for every family. I’m grateful for my clients, team, friends and family. From my family to yours, I wish you a very happy Thanksgiving.

Landscaping Ideas to Boost Your Home’s Curb Appeal in Ridgefield

In the heart of Ridgefield, where every home tells a story, the exterior of your house is the cover of your tale. Here’s how you can make it captivating:

  1. Native Plantings: Ridgefield‘s natural flora is a treasure trove of beauty. Opt for native plants like the Eastern Redbud or the New England Aster. These plants not only resonate with the local landscape but are also hardy, drought-resistant, and attract local wildlife like butterflies and birds.
  2. Stone Pathways: Think of cobblestone streets in old European towns. A winding stone pathway, perhaps made of local slate or granite, can evoke this charm. Intersperse with creeping thyme or moss for a touch of green.
  3. Seasonal Blooms: Plan your garden such that as one flower wilts, another blooms. Spring could bring tulips and crocuses, summer might showcase black-eyed Susans and daylilies, while fall could introduce chrysanthemums and asters. This ensures your garden is ever-changing and always vibrant.
  4. Elegant Lighting: Beyond functionality, lighting can be a design element. Lantern-style lights or solar-powered garden stakes can create a warm ambiance. Consider sensor or timer-based lighting to ensure energy efficiency.
  5. Water Features: A koi pond or a bubbling fountain can be the focal point of your garden. Surround it with aquatic plants like water lilies or lotuses. If space is a constraint, even a tabletop fountain on your porch can add that tranquil touch.
  6. Garden Art: From wind chimes made of seashells to hand-painted garden stones, art can be both personal and whimsical. Local artisans in Ridgefield often offer pieces that reflect the town’s character and charm.
  7. Maintained Lawn: Consider introducing patterns when mowing your lawn, like stripes or curves. If you’re environmentally inclined, think about xeriscaping – a landscaping method that reduces the need for water.
  8. Cozy Seating Area: Imagine a wrought-iron bench under a tree or a wooden swing on your porch. Add some outdoor cushions, and you have a cozy nook perfect for morning coffees or evening reads.
  9. Pergolas and Arbors: These can be your garden’s architectural elements. Draped with wisteria or grapevines, they can provide shade in summer and a beautiful structure in winter.
  10. Mulch Beds: Beyond functionality, colored mulch can contrast beautifully with your plants. Reds and browns can complement green foliage, while black mulch can make colorful flowers pop.

Incorporating these ideas can transform your home’s exterior into a visual treat. But remember, landscaping is as much about patience as it is about planting. Over time, as plants grow and seasons change, your garden will evolve, each day writing a new page in the story of your home.

It’s Not Too Late to Register (or Cheer!) for the Ridgefield Half Marathon!

This year’s Ridgefield Half Marathon will be held this Sunday, October 22, 2023 at 7:15 AM and I’m proud to once again sponsor this fabulous event. We live and work in a place with so many terrific options for active residents, and this is certainly one of the most fun events of the year.

Some of the teams are even running for charities, such as The Iris Fund, a nonprofit organization which was founded by a Ridgefield resident and supports research that will determine what triggers full-term labor to end pre-term birth.

The 45th running of the Ridgefield Half Marathon, 7-Miler and 3-person relay presented by Pamby Motors is a beautiful race featuring classic fall New England scenery. The race is beginner-friendly, and contains some of the prettiest roads in Fairfield County!

The race starts on East Ridge Road, just above The Boys and Girls Club of Ridgefield, with a few gradual climbs. It then settles into a nice rolling course that winds through southern Ridgefield for two loops that showcase some of the flattest miles in the town.

With a fast downhill into downtown Ridgefield and back to the Boys and Girls Club, you’re sure to finish strong and smiling!

Even if you’re not a runner, we’d love to see you out on the course cheering on the competitors!

Learn more and register here: https://runsignup.com/Race/Info/CT/Ridgefield/PambyRidgefieldHalfMarathon

Why Ridgefield is a Great Place to Raise a Family

Ridgefield, Connecticut, tucked away in foothills of the Berkshire Mountains, is more than just a town—it’s a community, a lifestyle, and a haven for families. If you’re on the fence about Ridgefield, let’s look at the many reasons that make this town a family favorite.

A Stroll Down Memory Lane: Ridgefield’s Historical Charm

Ridgefield is not just a town – it’s a historical treasure. Established back in 1708 it has witnessed significant events, especially during the American Revolutionary War. Landmarks like the Keeler Tavern stand as a testament to this history, offering residents and visitors a chance to step back in time and relive the town’s past.

Landmarks to Explore:

  • Keeler Tavern: A window into the past, this tavern-turned-museum offers a glimpse of life during the Revolutionary era.
  • Ridgefield’s Old Town Hall: A Georgian-style building that stands as a testament to the town’s rich architectural history.
  • The Battle of Ridgefield Monument: Commemorating the brave souls of the 1777 battle.

 

Close to Nature

One of Ridgefield’s standout features is its breathtaking natural beauty. The town’s landscape is dotted with rolling hills that offer stunning views, especially at sunrise and sunset. The ancient Round Pond, a legacy of a 20,000-year-old glacier, and the beautiful Mamanasco Lake near Ridgefield High School, offer residents perfect spots for relaxation and recreation.

Nature’s Highlights:

  • Round Pond: A relic from a 20,000-year-old glacier, perfect for afternoon picnics.
  • Mamanasco Lake: A tranquil spot near Ridgefield High School, ideal for kayaking or a quiet evening stroll.
  • Seth Low Pierrepont State Park Reserve: A haven for hikers and bird watchers.

 

Commitment to Quality Education

Education is a cornerstone in Ridgefield. With its close-knit community of about 25,000 residents (as of the 2020 census), the town’s schools prioritize personalized attention. This makes sure that every student is given the tools and support they need to succeed, both academically and personally.

Schools Worth Mentioning:

 

Ridgefield Town Center

The heart of Ridgefield lies in its town center. Previously a borough, today’s town center is a hub of activity and community engagement. Main Street is a delightful mix of historical landmarks and modern establishments, making it a favorite spot for both residents and visitors.

Main Street Must-Visits:

 

Economic Stability and Growth

A town’s economic health often reflects the quality of life it offers its residents. Ridgefield boasts impressive numbers in this area. The median household income has seen consistent growth, with figures rising to $125,909 as of a 2007 estimate. This economic prosperity ensures a comfortable and high standard of living for all its residents.

Economic Highlights:

  • Median Household Income: A steady rise to $125,909 as of 2007, indicating a thriving community.
  • Job Opportunities: A diverse range of sectors, from retail to tech, offer employment opportunities.
  • Real Estate: A booming market with properties ranging from historic homes to modern condos.

 

Ridgefield, Connecticut, is a blend of the past and the present. It’s a town where every street has a story, every corner offers a slice of nature, and every resident feels at home. If you’re looking for a place with a rich history, a vibrant community, and a bright future, Ridgefield might just be the place you’re looking for.

Happy October! So Many Ways to Celebrate the Season

October is here – bring on fall! Ridgefield is such a fun place to live and/or visit during this season, with multiple opportunities to celebrate Halloween, Oktoberfest, and autumn in general. Here are just a few of our favorite ways to enjoy all the fall vibes in our neighborhood this month:

First things first: need some pumpkins to decorate with? The pumpkin patch is open! Jesse Lee United Methodist Church has supported the Navajo Nation through the sale of their pumpkins for over 30 years. The pumpkins are grown on a reservation in New Mexico, providing some 700 jobs for Navajo workers at fall harvest time. The pumpkins are delivered to Jesse Lee’s Main Street lawn in late September and members of the church, as well as other service organizations including local Scout troops, help load them into the “patch.” Such a wonderful community collaboration!

I’m proud to sponsor the Ridgefield Farmers Market, which is open for two more Saturdays this season: October 7th and 21st. Local farms, food trucks, makers and musicians assemble on the lawn at Jesse Lee United Methodist Church (the site of the original town green!) on our beautiful historic Main Street for a fun community event. Pack your picnic blanket and enjoy the shopping and eating with the best local vendors, a curated selection of some of the best growers and makers around. You’ll find farm fresh produce, baked goods, and specialty items.

Celebrate Oktoberfest at Nod Hill Brewery on Saturday, October 7th! Enjoy a range of German-inspired beers poured by the liter, featuring Festbier, Old Homeplace, Giddyup, Dabulous, Diamant, Shazau, Altbier & more! Plus live Oktoberfest Müsik, Walrus Alley slinging bratwurst, pretzels & more, joined by other trucks from our excellent roster of rotating food vendors, and guest brewery pop-up visits.

For details please visit https://inridgefield.com/events/nod-hill-oktoberfest-2023/var/ri-3.l-L1/

Fall in Love with Ridgefield on Saturday, October 14th! A wonderful outdoor festival sponsored by Ridgefield Chamber of Commerce, this annual fall event downtown is fun for the whole family.

I’m proud to sponsor the All Hallows Gala at Lounsbury House, a historic landmark since 1896, on Friday, October 27th. Drinks, dancing, delectable hors d’oeuvres, dramatic decor, live auction, costume contests, photo booth and more! All proceeds benefit Lounsbury House’s programs and history preservation.

The Halloween Walk on Saturday, October 28th is a beloved annual tradition that draws visitors from surrounding towns for trick-or-treating on our beloved downtown Main Street. Be sure to stop by the table outside our Compass office for a treat and to say hi!

Also on Saturday, October 28th will be the fabulous Ridgebury Riders Fall Festival at Ridgebury Farm & Stables, a wonderful organization which I’m proud to support. Come out to the farm for fall fun! Pumpkin picking, hay rides, and yard games galore – visit the farm for a day of fun for the whole family.

Experience the enchantment of fall and join in the festive spirit on Main Street with Ridgefield’s Scarecrow Decorating Contest, going on all month! This fun event welcomes families, organizations, and businesses to showcase their creativity and design captivating scarecrows. Embrace the colors of autumn, and let your imagination soar as you bring your scarecrow to life. Learn more here: https://inridgefield.com/events/ridgefields-annual-scarecrow-decorating-contest/ .

What a time to live in Ridgefield! We hope you find some time to get out and enjoy it. From our family to yours, happy Halloween!

A Look Inside the Fall Market

Q: Do we have a fall real estate market in Ridgefield, or is it really just spring and summer? 

A: Such a great question! I just wanted to take a quick moment to check in about what’s happening with the real estate market now that fall is officially here. We’re starting to see more inventory come on which I think makes many buyers feel much more confident about the market in regards to hopefully landing a new home this fall. I want to remind everyone here in Ridgefield and throughout Fairfield County that we have such a stunning fall season. Some people don’t realize this but we do have a true fall market so we’re all very optimistic and at the same time, things remain fluid despite interest rates. 

 

Q: A lot of people have been noticing there aren’t nearly as many homes on the market as there have been at certain other times in the past. Is that true?

A: We just need more inventory, that’s really what it’s about. Like I said, we do have more homes coming on which is great. Fall is a good time to sell a home, taking advantage of the natural beauty and fall foliage this time of year. If anyone has any questions about what you need to know to list your home this fall or how to get the best price for your home, please reach out to chat today. I’d love to discuss your options! For twenty years, my mission has been to provide a superior experience for our clients both through the utilization of our team’s knowledge and skills and by adhering to the highest standard of integrity. If you need help getting your home ready to list, we have connections to so many great home organizers and stagers that can help you work with your own furnishings to make your home look its best.

5 Tips for Eco-Friendly Home Improvements

Going green is not just a fleeting trend; it’s a lifestyle choice with lasting impact! Implementing eco-friendly home improvements is a thoughtful way to contribute to environmental conservation while also adding substantial value to your home. In this post, we’ll explore sustainable upgrades that are not only beneficial for the environment but also make your property more attractive to eco-conscious buyers.

1. Solar Panels:

Why Go Solar?

Cost-Efficiency: The initial investment in solar panels can be substantial, but the long-term benefits, such as significantly reduced electricity bills, make it worthwhile.

Increased Property Value: Homes equipped with solar installations are often valued higher and tend to sell faster due to the growing demand for sustainable living.

Sustainability: Harnessing solar energy is a step towards reducing reliance on fossil fuels, lowering carbon emissions, and promoting renewable energy sources.

Tips:

  • Consider your home’s location, roof type, and sun exposure before deciding on solar panel installation.
  • Explore local incentives, grants, and tax credits that can help offset the installation costs.

Additional Insight:

Solar panels are a visible and impactful way to show commitment to sustainability. They not only reduce energy costs but also minimize the home’s carbon footprint, making it a desirable feature for environmentally conscious buyers.

2. Energy-Efficient Appliances:

Why Upgrade?

Lower Energy Bills: Energy-efficient appliances are designed to consume less electricity and water, leading to lower utility bills.

Eco-Friendly: By utilizing less energy, these appliances help in reducing environmental impact and conserving natural resources.

Tips:

  • Look for appliances with the ENERGY STAR label, a government-backed symbol for energy efficiency.
  • Prioritize upgrading appliances that are used frequently, such as refrigerators, washing machines, and HVAC systems.

Additional Insight:

Upgrading to energy-efficient appliances is a practical and effective way to enhance sustainability. It not only reflects responsible living but also appeals to buyers who prioritize energy conservation and long-term savings.

3. Smart Home Technology:

Why Go Smart?

Convenience: Smart home technology allows homeowners to manage lighting, temperature, and security systems remotely, offering enhanced convenience and control.

Energy Savings: Intelligent devices like smart thermostats and lighting systems optimize energy usage, preventing waste and saving money.

Tips:

  • Start with basic upgrades like smart thermostats and lighting and gradually explore more advanced smart home options.
  • Ensure that the smart devices you choose are compatible and can be integrated seamlessly.

Additional Insight:

The integration of smart home technology is a modern approach to home improvement. It not only simplifies home management but also contributes to energy conservation, making the property more appealing to tech-savvy and eco-conscious buyers.

4. Water Conservation Features:

Why Conserve Water?

Reduced Water Bills: Implementing water conservation features like low-flow fixtures and rainwater harvesting can significantly reduce water consumption and bills.

Environmental Impact: Water conservation is crucial for protecting ecosystems and reducing the strain on municipal water supply.

Tips:

  • Install low-flow faucets, showerheads, and toilets to reduce water usage without compromising performance.
  • Opt for native and drought-resistant plants for landscaping to minimize water requirements.

Additional Insight:

Water conservation features are a thoughtful addition to any home, reflecting a commitment to responsible resource use. They not only lower utility bills but also attract buyers who value sustainability and environmental conservation.

5. Green Roofing:

Why Choose Green Roofing?

Improved Insulation: Green roofs offer enhanced insulation, helping maintain optimal indoor temperatures and reducing energy consumption for heating and cooling.

Enhanced Biodiversity: Green roofs can create habitats for local flora and fauna, promoting biodiversity and ecological balance.

Tips:

  • Assess your roof’s structural capacity and consult with professionals before opting for a green roof installation.
  • Choose plants that are drought-resistant and require minimal maintenance for your green roof.

Additional Insight:

Green roofing is an innovative solution to urban environmental challenges. It not only improves the home’s energy efficiency but also adds aesthetic value and promotes biodiversity, making the property stand out in the real estate market.

Adopting eco-friendly home improvements is a rewarding endeavor. It allows homeowners to contribute to environmental preservation while enhancing the aesthetic and monetary value of their property. Whether you’re contemplating selling your home or simply aspiring to live more sustainably, integrating these green upgrades can make a significant difference!

Eager to transform your home into an eco-friendly haven and boost its market value? Reach out to Karla Murtaugh today, and let’s embark on a journey to create a sustainable and valuable living space together!

A Look Inside the Summer Real Estate Market

Q: It’s August and vacation is on a lot of people’s minds. After a crazy couple of years, have you had a chance to get away and take some time for R&R?

A: Actually no – haven’t gotten there yet! But we’re happy to be so busy. Business is still moving forward quickly. We’ve been very busy this summer, listing properties, negotiating sales, and securing properties for our buyers. We recognize people are still taking vacations this summer, but things are still fluid. The response and attendance of touring properties has been great. The properties we’ve launched in the height of this summer continue to move swiftly so we’re not seeing a traditional seasonal market this year.

This week our office just launched some great new construction properties. We’re excited to announce that Carole Cousins with Compass here in Ridgefield is launching two new construction properties with respected long-time builder Sturgess Brothers.

 

Q: What do you expect for fall?

A: Our team is busy getting ready for some great fall launches. Stay tuned to see what we’re launching – we’re really excited to be launching properties across all price points!

Speaking of fall, the school calendar is very important to some people and we do see some people buying and selling according to that timing. Some very seasoned relocation buyers and sellers have informed me that their experience is not having their children start the first day of school with everyone else in town has its benefits. The schools go out of their way for new students to make them feel welcome and help them adjust, so keep that in mind if you’re thinking of selling and trying to make the best timing choice for your family.