Real Estate Information Archive

Blog

Displaying blog entries 1-3 of 3

March Newsletter

by Nancy Jenkins, CRB, CRS

      

Your Market Update
Spring is Officially Here!
 
The sap is running – our Vermont annual rite of spring is here. The clocks have sprung forward and we hope the last snow storm has come and gone. It was a cold start to the year but the last of the snow is melting and the sun is setting later each day.
 
The real estate market for 2018 is off to a good start and picking up steam as we get into the Spring Market. The number of single family homes that closed in Chittenden County during January and February was 114 which is up 12% from last year. The number of properties under deposit in January and February was 163 this year compared to 143 for last year an increase of 20%.
 
There are 238 single family homes for sale as of March 1st compared to last year’s inventory of 355. Condominiums also are strong with 60 closed and 90 under deposit for January and February and yes there are only 112 available as of March 1st. There are fewer properties available and as they come on the market many are going under deposit quickly. Fewer homes on the market is positive for sellers and this trend has been seen throughout the country.
 
The Vermont economy is steady, interest rates remain at affordable levels and prices are seeing modest appreciation. This is the recipe for a healthy real estate market and one that you should take advantage of. If you are thinking of a move this summer now is the time to get your home on the market, call for how we can help make your move this year a reality.
 
Will the Federal Reserve raise rates again? Yes- the Fed has indicated that they will and may raise rates up to three times. This is the time to act if you are in the market now as the combination of lower inventory and higher rates make finding a new property more challenging. There are great choices out there and we are seeing an increase in new construction and that has been going strong.
 

This Month's Giveaway to Wendell's Furniture!

Stoweflake Spa

This month we are giving away a $100 Gift Certificate to Wendell's Furniture!

For your chance to win CLICK HERE!

Our Coupons to Spare Time Bowling & City Sports Grille!


(click for a larger version to print)

 
 
 
Featured Listing!
Recently Reduced in Price!
 
South Burlington - $750,000
 
One of a kind townhome located on the 18th green of the Jack Nicklaus Signature 2 Golf Course. An exquisite home in Ironwood at Vermont National Country Club with sunset and Adirondack views. Great room with hardwood floors, architectural details, gas fireplace, and views to the South and West. Glamorous kitchen with custom Tiger Maple cabinetry and upscale appliances. After dining adjourn to the circular three season porch and out onto the privately landscaped grounds, deck, and patio. The first floor bedroom/den with fireplace and tiger maple paneled walls opens on to the rear deck. Second floor master suite is an in home retreat with both sleeping and sitting areas and a cozy gas fireplace. Third Bedroom is up with its own private bath. Lower level family room with media area and modern stone accent wall. State of the art lighting, whole house surround sound. Extensive landscaping with privacy, decorative berm on our oversized corner location
 
SPECIAL THANKS TO FRIENDS WHO SENT US THEIR FRIENDS
Lisa Gaudette, Mike & Sarah Kitchen, Scott Funk & Roger Pinan
CLIENT TESTIMONIAL
“We were first time home owners, working with Lori made the process very easy. Her attention to detail and experience in the realty world was extremely helpful! Highly recommend working with her in the future and would recommend her to family!”
Samantha Weber - January 31st, 2018
 

Are you thinking about moving, Plan ahead!

by Nancy Jenkins, CRB, CRS

If you’re thinking about moving over the next several months call us, we’ll have our professional photographer visit your home and take complimentary exterior photos!

Which home is more appealing to you? Weary winter or sun kissed summer?

Have you home photographed now while the grass is green, trees are flourishing and flowers are still in bloom. Your home will look beautiful to prospective buyers online and especially enticing in the winter and early spring months!

Call Nancy Jenkins Real Estate to schedule our photographer today! 802-846-4888!

Benefits of Buying vs. Renting

by Nancy Jenkins, CRB, CRS


Are you currently renting? There are many benefits to buying your own home. Most people are nervous about making the steps to own their first home. In today's market there are great opportunities out there for buyers and we at Nancy Jenkins Real Estate are ready to help put you in the perfect home. 

Paying your rent only pays for the current month you are in. You could be putting that money towards something of your own. A mortgage payment is a long term investment in a home of your own. Rental rates fluctuate, usually increasing every year, once you secure a mortgage, you can rely on consistent payments, if you have a fixed-rate loan

Buying also gives you stability, not having to worry about when you will be moving again. It allows you the freedom to make the home yours; paint the living room the color that matches your favorite couch, replace that vanity in the bathroom, don't be afraid to put that hole in the wall to hang your new television. When you rent, your landlord and the terms of your lease restrict you. Buying your own home can mean you can have that dog you've always wanted. 

Have you always thought about buying but the thought of keeping up the maintenance doesn't appeal to you? Perhaps a condominium is the right answer for you. Although you pay a low monthly association fee, most of the time exterior maintenance is covered. Some condo associations come with additional benefits such as a community pool, tennis courts or common acreage. This can be the perfect middle step if you aren't ready for all of the responsibilities of keeping up with your own home. 

Do you not think you can afford a home yet? There are many great loan programs currently out there with low interest rates. One of the great members of the Nancy Jenkins Team can help set you up with the right lender and put you in that dream home that you can finally call your own. No more throwing away your money every month on rent, let us help you turn that into a long term investment. 

Our team has the knowledge to help guide you through, what some think of as a stressful process. Read about what some of our clients have said about us and see how we can help make this an enjoyable experience. Call us today and we can help you find your dream home! 802-846-4888

Displaying blog entries 1-3 of 3

Syndication

Categories

Archives

Contact Information

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