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BurlingtonFreePress.com, State ranks high in education survey

by Nancy Jenkins, CRB, CRS

Educators encouraged as results come out. In an article published by the Burlington Free Press, on Education Week’s annual Quality Counts report, Vermont has been ranked third behind New Jersey and Massachusetts for academic achievement and ninth on a chance-for-success index.  Results are based on National Assessment of Educational Progress, the federally mandated standardized test.  Richard Cate, Vermont Education Commissioner states, “I think it indicated that we have been and continue to be poised to have a very successful population, a successful work force, all those things – in terms of the people that are coming out of are education system and just society in general.”

To view the report, click here.

-Nancy

State ranks high in education survey
Published: Friday, January 5, 2007
By Molly Walsh
Free Press Staff Writer

Vermont public school students perform near the top nationally and have a relatively good chance of succeeding in life, according to a state-by-state ranking published this week.

The Education Week Quality Counts survey put Vermont at No. 3 for academic achievement, behind No. 2 New Jersey and Massachusetts in the top spot. Vermont was ninth among states on a chance-for-success index that measured demographic, economic and education attainment indicators. Virginia was No. 1 on the success meter and New Mexico was last. (read more)

Burlingtonfreepress.com, Vermont’s Grand List

by Nancy Jenkins, CRB, CRS
The Vermont grand list has been released and a report has been published by the Burlington Free Press.  Some interesting notes: the number of million-dollar properties has more than doubled from two years ago.  And, the total Vermont property value is over $65 billion which includes 338,275 parcels. To read more and to view the report, click here.
-Nancy

Reuters.com, Minnesota deemed healthiest, Louisiana worst

by Nancy Jenkins, CRB, CRS

Fresh off the Self.com report of our nations’ healthiest cities comes’ a Reuter’s report on the nations’ healthiest states. We are happy to report Vermont was ranked number 2, just behind Minnesota. Similar to the Self.com report, New England cities and states rank very well, while southern states tend to be found towards the bottom of the lists. Some of the factors this report was based on include; prevalence of obesity, smoking, infectious disease, cardiovascular deaths, infant mortality, child poverty, immunization rates, workplace deaths and auto deaths. Rounding out the bottom of the list is Louisiana, where Hurricane Katrina was a major factor.

-Nancy

Minnesota deemed healthiest, Louisiana worst
Tue Dec 5, 2006 2:35pm ET

By Will Dunham

WASHINGTON (Reuters) - Minnesota was deemed the healthiest U.S. state for the fourth year in a row, while Louisiana slumped into last place as the least healthy in annual state-by-state rankings released by on Tuesday.

Vermont placed second as it did in 2005 with New Hampshire, Hawaii and Connecticut rounding out the five healthiest states in the report by the United Health Foundation, a nonprofit group formed by health care company UnitedHealth Group.

They were followed in order by Utah, Massachusetts, North Dakota, Maine and Wisconsin. (read more)

Self.com, Burlington Vermont rates #5 in the nation as healthiest city for women

by Nancy Jenkins, CRB, CRS

Self.com has published a report of the healthy and happiest cities for women. While our fair city didn’t rate as well as Honolulu, HI (#1) or as poor as Detroit, MI (#100), Burlington did come in  the top 5 with a respectable #5.  Last year, 2005 saw Burlington, VT rated #4 of the top 5. The report was based on 40 different  types  of criteria including; death and disease rates, obesity, smoking, exercise, environmental indicators, community resources and lifestyle habits.    

For the article and the details of this report, click here.

-Nancy

CNNMoney.com, Mortgage rates see big drop

by Nancy Jenkins, CRB, CRS
Good news for mortgage rates…..CNNMoney.com is reporting long term rates have hit their lowest level since the beginning of the year. This brings the current 30 year fixed rate down to a 6.18% national average.
 
If you been on the fence about making a Vermont Real Estate purchase, this could be your opportunity. If so, give me a call, 802-846-4888.
 
-Nancy


Mortgage rates see big drop
Long term rates hit lowest level since first of the year; 30 year fixed hits 6.18%.

November 22 2006: 1:55 PM EST

NEWYORK (CNNMoney.com) -- Mortgage rates continued their downward slide reaching their lowest point since the first of the year on slower growth in the market, according to a survey released Wednesday.

The 30-year fixed-rate mortgage averaged 6.18 percent for the week ending Nov. 22, down from 6.24 percent, according to Freddie Mac's (Charts) Primary Mortgage Market Survey. A year ago, the 30-year averaged 6.28 percent. The 30-year peaked for the year in July, at 6.80 percent. (read more)

UVM Landscape Change Program

by Nancy Jenkins, CRB, CRS
Here is a website I recently discovered and found of interest, http://www.uvm.edu/perkins/landscape/. It is The University of Vermont's Landscape Change Program, an online archive of historic Vermont photos. Many of photos are from the 1800’s and compared side by side with photos from today.
 
One that I found particularly interesting is this 1859 photo of Burlington's City Hall Park taken from the Vermont House. It’s very interesting to see the changes that have taken place in the last 150 years.
 
I hope you enjoy this website as much as I did. If you find anything of particular interest please share by adding a comment at the end of this blog post.
 
-Nancy

ABCNews.com, Existing Home Sales, Prices Off in Sept.

by Nancy Jenkins, CRB, CRS

This AP article outlines the current National Real Estate trends. The market in Vermont is improving with the number of active homes going down.  The peak in Chittenden County was over 595 and now is down to 582, and dropping.  The numbers of deposits is in line with the 2004 statistics and are showing signs of improvement.  The number of showings and offers are up and the bonus is that the Federal Reserve Board did not raise interest rates on Thursday.

How would I view the Vermont Real estate market?  “It is like spring, you can feel the sun is warmer, you can smell it in the air but you still have some time to go before it stops snowing and really warms up”.

I was speaking with Allen Domb one of the nations foremost Realtors, he and other national realtors I polled agree that the change is happening and the last two weeks have been most telling.  As Linda Sandlin, Realtor from Marco Island Florida said, “Our market certainly dropped but I feel like it has hit bottom and is turning upward”.

I did find this quote quite interesting, and certainly do agree,

"The worst is behind us as far as a market correction this is likely the trough for sales," said David Lereah, the Realtors' chief economist. "When consumers recognize that home sales are stabilizing, we'll see the buyers who've been on the sidelines get back into the market."

Good signs for things to come.

-Nancy

Existing Home Sales, Prices Off in Sept.
Sales of Existing Homes Fall Yet Again in September; Median Sales Price Drops by Record Amount

By MARTIN CRUTSINGER

The National Association of Realtors reported Wednesday that home sales fell by 1.9 percent in September to a seasonally adjusted annual rate of 6.18 million units, the slowest pace since January 2004.

The median price of a single-family home fell to $219,800 last month, a drop of 2.5 percent from the price in September 2005. That was the biggest year-over-year price decline in records going back nearly four decades. Home prices had also fallen in August and it marked the first back-to-back declines in 16 years. (read more)

Inc.com, Best & Worst/ Governor Ratings

by Nancy Jenkins, CRB, CRS

I found a few articles on the Inc.com website that you will find interesting.

The first article rates the best and worst states in the country.  You'll be interested to know that Vermont was rated the best in school spending, $11,128 per pupil. To read more, click here.

The second article rates state Governor's. Vermont's Governor Jim Douglas was given a four star rating, the best mark available in this study. Governors were judged in several areas, including: tax and fiscal policy, work force and economic development, health care, education, and regulation. To read more, click here.

-Nancy

CNNMoney.com, Help! Home for sale

by Nancy Jenkins, CRB, CRS
Another good article from CNNMoney.com.

-Nancy

Help! Home for sale
Notes from all over on the difficulties of selling real estate.

By Les Christie, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) -- Home price increases have slowed nationwide and even reversed in many markets. Inventories are up and new home builders are cutting back. More and more sellers are having difficulty selling their properties. 

We've profiled some of these sellers and that has produced a flood of reader emails from other troubled sellers.

Some are from homeowners who live in one-time red-hot markets who not too long ago watched their neighbors sell for huge gains.  (more)

Burlington No. 1 in country in business outlook

by Nancy Jenkins, CRB, CRS

This is a great article in The Burlington Free Press on the positive business vitality rating for Burlington which also mirrors the positive quality of life ratings of Burlington. As people find out what a great place to live and work the Burlington area is- and why our ratings are bucking the national trend of declining economic measures.

-Nancy

Burlington No. 1 in country in business outlook

Published: Monday, September 25, 2006
By John Briggs
Free Press Staff Writer

When Burlington puts $8.5 million in bonds on sale today, investor confidence in the city will be boosted by the metropolitan area's No. 1 ranking on a 2005 national assessment of business strength in 379 metropolitan areas.

"This is enormously beneficial," Chief Administrative Officer Jonathan Leopold said. "Businesses and institutions who use this kind of service find it very important. This makes our bonds very attractive to an investor."  Read More

Displaying blog entries 141-150 of 154

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Nancy Jenkins
Nancy Jenkins Real Estate
140 Kennedy Drive, Suite 102
South Burlington VT 05403
802-846-4888
Fax: 802-846-4899