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Nancy Jenkins, CRB, CRS

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Happy New Year from the Nancy Jenkins Team

by Nancy Jenkins, CRB, CRS

Happy New Year from the Nancy Jenkins Team!

Holiday Newsletter

by Nancy Jenkins, CRB, CRS

Happy Holidays

If you haven't seen it yet, our holiday newsletter was posted. Be sure to checkout this months contest! You can view our newsletter here.

Become a Nancy Jenkins Team Fan on facebook!

by Nancy Jenkins, CRB, CRS

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For all you facebook users, we've created a Nancy Jenkins Team Fan page. We'd love for you to stop by and sign up as a fan.

Click here for our fan page.

2010 Boys & Girls Club ONE Fashion Event

by Nancy Jenkins, CRB, CRS

The Boys & Girls Club of Burlington ONE Fashion Event 2010

Come out and help support a great cause. Tickets are $25 in advance and $30 at the door available at Highergroundmusic.com

Become a fan on Facebook - search 4th Annual ONE Fashion Event

We LOVE testimonials!

by Nancy Jenkins, CRB, CRS

Dear Jenkins Team – Nancy, Bryan, Carol, Ruth, 

I should have written to you well before I received the attached prompt. The service and support that I received from your team, from minute 1 through the closing, was amazing!

When Nancy left my house after our initial meeting she gave me her cell phone number and said that I should feel free to call her at any time and she would respond in a timely manner. I remember thinking, right, someone on her team, maybe but not her personally, how could that be possible? Well, she lived up to that guarantee, as well as every other that she laid out that first evening at my dining room table.

I quickly learned that I could rely upon and trust Nancy and her team to represent me and my best interests at all times. I commented several times during our time together that the Jenkins Team was a well oiled machine, a very friendly, highly competent, extremely hard working, efficient and dedicated tea. Individually and a as a team you worked together to make the process of selling my home a positive memory, rather than some sort of nightmare.

Thank you again for everything. The next time I need a realtor you are certainly going to be “my people”. 

                          Judi Maynard - November 23, 2009

The Nancy Jenkins Team is Now On Twitter!

by Nancy Jenkins, CRB, CRS

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The Nancy Jenkins Team is now on Twitter, are you? If so click to become a follower and be the first to hear about new and exciting updates in Vermont Real Estate news.

http://twitter.com/nancyjenkinsvt

Real Estate Market Leaders Reunite Behind Industry’s Leading Educational Provider

by Nancy Jenkins, CRB, CRS

sp_star_color_100px

Under new management, and with the support of the top-producing agents in North America, StarPower continues its 20-year tradition of elevating the standard of care in the real estate industry.

 

South Burlington, VT – StarPower, the number-one brand in real estate education, announced a transition of leadership to Alex Charfen, a leading trainer, author, coach, speaker and StarPower Star. The announcement was made at Star Advance, the organization’s annual leadership meeting at The Ritz-Carlton, Lake Las Vegas in Henderson, Nevada.

 

“StarPower will remain the most relevant, recognized leader in real estate education,” Charfen said. “With the dedicated involvement of our StarPower Stars, the contributions to the advancement of the real estate industry and our success as an organization are assured.”

 

Founded by industry icon Howard Brinton, StarPower is an organization focused on elevating the standard of care in the real estate industry. Each month a new StarPower Star is selected based upon achievements in sales, leadership, business acumen and a willingness to share the lessons of their success with others. This has helped StarPower Stars typically average more than $35 million in annual sales volume and more than 200 transactions per year. Less than 300 real estate agents have achieved the distinction of StarPower Star, making it the most exclusive designation in the industry.

 

After news of the transition was presented at Star Advance, StarPower Stars Nancy Jenkins and Bryan Jackson of Nancy Jenkins Team at Prudential Realty Mart announced support of the new management and strategic direction of the StarPower brand.

 

“We couldn’t be more excited to be a part of the future of StarPower, and to increase our positive impact upon the real estate community,” Jenkins said.

 

“In the current economic climate, we have the opportunity to make a real difference in the personal and professional lives of countless real estate professionals,” Jenkins added. “As a StarPower Star and leader in my market, there is a responsibility to share the lessons of my success with others. In this way, StarPower Stars are actively improving the industry we have chosen to be a part of.”

 

On a monthly basis, StarPower Club members receive the strategies, tools, insights and perspectives that have helped StarPower Stars realize success. The StarPower Annual Conference, one of the best-attended conferences in the industry each year, will continue its presence on the real estate calendar. Details on the conference will be announced in the near future, Charfen said.

 

For more information, contact:

 

Nancy Jenkins

Nancy Jenkins Team

Prudential Realty Mart

802-846-4888

info@nancyjenkins.com

www.nancyjenkins.com

WSJ.com; Report: Some Home Prices to Bottom Out in 2009

by Nancy Jenkins, CRB, CRS

Report: Some Home Prices to Bottom Out in 2009
By JAMES R. HAGERTY

This article was published Feb. 6, 2009. Because of republication issues, it may be improperly showing up as a new article in some news feeds.

House prices in much of the U.S. will bottom out in this year's fourth quarter, Moody's Economy.com says in a new report.

In some of the hardest hit markets, however, prices won't reach a bottom until 2010 or 2011, the research firm says in a report written by its chief economist, Mark Zandi.

"Despite the darkening national economic outlook and the weak conditions in the housing market, some positive signs give hope that a bottom in the housing market is coming into view," the report says.

It cites signs that home sales are stabilizing as people snap up bargains on foreclosures, a decline in the supply of unsold homes in many areas and expectations of moves by the Obama administration "that will help place a floor under the housing downturn." Those measures could include lowering mortgage rates further, preventing more foreclosures and generating jobs through higher federal spending.

On average, house prices nationwide will hit bottom in this year's fourth quarter at a level 36% below the peak reached in the first quarter of 2006, the report says. The price measure is based on the Fiserv Case-Shiller index.

But some areas will be hit much harder. For instance, the Naples-Marco Island, Fla., area is expected to bottom out in the fourth quarter of 2010 with prices 70% below the peak. The report projects that peak-to-trough declines for metro areas will be 66% in Miami, Fla., 63% in Riverside-San Bernardino, Calif., 58% in Phoenix, 56% in Las Vegas, 53% in Los Angeles, 38% in Washington and 33% in New York. Within those metro areas, different neighborhoods are likely to show very divergent performances; the most desirable areas near good schools and jobs are faring much better than other places.

The peak-to-trough decline will exceed 10% in nearly 62% of the nation's 381 metro areas, the report says, and the drop will be above 20% in about 100 metro areas.

The report is based on a forecast that the recession will end late this year, followed by a "lackluster" recovery. "A number of uncertainties in both the housing and economic outlooks remain, and the risks tilt to the downside," Mr. Zandi says.

(Full Article)

Investor & Buyer Seminar Monday March 9th!

by Nancy Jenkins, CRB, CRS

$8000 Tax Credit for Vermont Homebuyers

by Nancy Jenkins, CRB, CRS

Yesterday President Obama signed into law the Stimulus Package which gives buyers who have not owned a home in three years an $8000 tax credit for homes closed before December 1, 2009. There are income limits for both single and dual income buyers, read the article below. Now is a great time to buy a home with interest rates near all time lows. 

-Nancy Jenkins

Stimulus Plan First-Time Homebuyer Tax Credit

The Stimulus Plan was signed into law by President Obama today. It contains a new tax credit for first-time homebuyers. Essentially, first-time homebuyers within certain income limits who purchase a home in 2009 before December 1, 2009 will receive a tax credit of up to $8,000. The program is similar to the $7,500 tax credit which applied to home purchases made in 2008 after April 9. A comparison of the two credit programs is outlined below.

While the Stimulus Plan was still being debated, the Senate version originally included a $15,000 tax credit for all homebuyers. To lower the cost of the Stimulus Plan, the final version of the Plan contained this smaller tax credit, and this tax credit is applicable only to first-time homebuyers.

To qualify as a first-time home buyer as defined in the programs, the purchaser (and the purchaser's spouse) may not have owned a home in the three years prior to the purchase date of the home. Single family homes qualify for the program. The home must be the primary residence.

Both tax credits are subject to the same adjusted gross income limitations (full credit for AGI less than $75,000 single/$150,000 joint, phased out for AGI up to $95,000 single/ $170,000 joint).

The amount for either credit is the lesser of 10% of the home purchase price or $7,500 or $8,000, as applicable.

While a purchaser still owns the home, the $7,500 credit must be repaid in equal payments over a period of 15 years, starting with the 2010 tax filing. The $8,000 credit will not need to be repaid. Again, the $7,500 credit needs to be repaid, while the $8,000 credit does not!

Upon sale of the home, any portion of the $7,500 credit not yet repaid is due in full. A portion of the $8,000 credit is due upon sale of the home, if the home is owned for more than three years. If the home is sold within the first three years, the full amount of the credit is due upon sale.

The $7,500 credit was not available to any purchaser utilizing state/local revenue bond money to help finance the home purchase. There is no such restriction on the $8,000 credit.

Under both the $7,500 and the $8,000 programs, the credit will be claimed on the purchaser's income taxes. Any amount in excess of taxes owed will be refunded to the purchaser.

Additional information about the tax credit can be found on the websites of the National Association of Realtors (

 

www.realtor.org) and the National Association of Home Builders (www.nahb.org).

Displaying blog entries 111-120 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