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Nancy Jenkins, CRB, CRS

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Vermont Real Estate Report - June 2012

by Nancy Jenkins, CRB, CRS

Our market is hot! Deposits are up in many price pockets, in a number of towns. Bidding wars are occurring for homes that are well-priced and in good condition. Builders are busy again and new homes are popping up all over our market area.

The recovery is just beginning in the outer areas and in some of the higher ranges, but even slower-to-move price ranges and towns have seen better activity this spring.

Cities like Las Vegas and parts of Florida that were hit hard by foreclosures are now experiencing housing shortages. As the recovery starts in the major markets, Vermont will not be far behind as a secondary market. 

Here at the Nancy Jenkins Team, our deposits and closed properties are up with 111 properties year to date. We are seeing our clients and customers closing mortgages with historically low interest rates. Based on the national news, I am expecting them to rise slowly over the new few years.

I urge you to consider this year as your year for a move or for purchasing an investment property, if that is in your plans. Do not miss this opportunity to have so many of the pieces of the puzzle in place–low prices, low rates, and lots of choice.

Welcome to Emma Baird, our new Marketing Coordinator. Originally from Rhode Island, Emma brings to this role over four years of experience in customer service. We are also excited to welcome back Bill Lawlor. Bill was an integral agent on our team from 2001 to 2008. He looks forward to helping you achieve your real estate goals.

***This month, we featured two local Vermont businesses. Red Wagon Plants gave away a $50 Gift Certificate to their garden store, based in Hinesburg, Vermont. The Lake Monsters, our hometown minor league baseball team, offered a "Buy One Get One Free" coupon for baseball lovers. 
 

Client Testimonial

Nancy Jenkins and her wonderful team made selling our house a stress free process, even in today’s market. We listed in December, and sold by March!! She was spot-on with pricing, and was able to get great results. Feedback, returning calls, advice, was all within a phone call away. Her recommendations for moving, banking, and more helped us to proceed to our future goal! Thank you to Nancy and her whole office :)

          -Marie & Bob Baron • June 12, 2012

 

Special Thanks To Friends Who Sent Us Their Friends

Ed & Donna Johnston, Jeanie Compter, Suzanne Brown, Paul & Valerie Guilmette

 

Best of Vermont: Top 7 Kitchens Money Will Buy

by Nancy Jenkins, CRB, CRS

If you're a food lover in Vermont, you probably spend a big portion of your time in the kitchen. For many Vermonters, the kitchen is the most loved and lived-in room in the house. 

That's why we're spotlighting these 7 kitchens as the BEST of Vermont. They can be found in Homes for Sale by the Nancy Jenkins Team.

#1

Kitchen 1
This Kitchen is a cook’s delight, with an 8’ commercial Sunfire
stove and an open dining area. It's just one feature of a soaring
contemporary log home that really wows. Hinesburg. $550,000
Full listing
 

#2


This spacious and open cape features a Chef’s Kitchen with stainless 
steel countertop, butcher block island, stainless steel appliances 
including an upgraded stove, and built-ins. Jericho. $340,900
Full listing
 

#3


Check out this stylish Kitchen with granite countertops, designer
tile, and breakfast bar. Jericho. $428,500 Full listing
 

#4


Cook in luxury at this downtown Burlington Kitchen that shines
with new Corian countertops, stainless steel appliances, cherry 
cabinets, and flooring. Burlington $194,500 Full listing
 

#5


Would you believe this Kitchen featuring swinging double doors, 
spectacular dining space, and bamboo flooring can be found 
inside a converted historic barn? Charlotte. $275,000 Full listing
 

#6


This Gourmet Kitchen, in a classic shingle-style home, has granite
countertops, a walk-in butler’s pantry, high-end appliances and
custom cabinetry. Charlotte. $995,000 Full listing
 

#7


Bring nature inside with this Open Kitchen, proudly made with
locally milled wood, Vermont slate, copper counters, and custom 
maple cabinets and built-ins. Includes a walk-in pantry. It was
custom designed in 2003 for a Thompson's Point lakefront cottage
that serves as a private paradise retreat in summer. Charlotte. 
$575,000 Full listing
 

Call us today at 802-846-4888 to see one of these spectacular kitchens in person!

Nancy Jenkins Named Realtor of the Year

by Nancy Jenkins Team

Nancy Jenkins accepting award at NVBR event -
Realtor of the Year Nancy Jenkins (right) with last year's winner, Kathie Desautels. (NVBR)

What qualities go into making a great real estate agent? Friendliness, professionalism, experience, persistence, knowledge, patience, determination, and chutzpah, just to name a few.

According to members of the Northwestern Vermont Board of REALTORS, Nancy Jenkins has these qualities in abundance. This year, Nancy was named the 2012 NVBR REALTOR of the YEAR!

On May 22, NVBR presented Nancy with the distinguished award, at its annual gala honoring realtors of distinction. Nancy's family and team were there cheering her on.

Nancy has been helping families buy and sell homes in northwestern Vermont since 1980. Over the years, she has made a name for herself as THE source for real estate expertise and marketing in Vermont.

Her bold advertising (popping up on CCTA buses and shopping carts) and customer perks (like the Annual Movie Day and free moving trucks) have earned her a reputation as a trailblazer and a business leader.

As her daughter Alison shared in Nancy's award video,  "Growing up in a real estate household was always fun. People would know Nancy. They'd say, Oh, I saw your mom on the side of a bus. Oh, the shopping cart had your mom. She was always doing things ahead of other people. So it was really standing out."

Her youngest daughter Amanda added, "She can always get a lot done. And that's what she's taught me: You can make anything happen, you can succeed at anything."

NVBR's Realtor of the Year award doesn’t just go to top real estate producers. It goes to agents who have given their hearts to the community through dedicated community service.

Nancy is on the board of the Boys & Girls Club of Burlington and brings her support to many local groups, including Women Helping Battered Women, Chittenden Emergency Food Shelf, Go Red for Women, and the United Way of Chittenden County.

"I think Nancy does what she does for the Boys & Girls Club because she is a leader. She is very action oriented," says Mary-Alice McKenzie, Executive Director, Boys & Girls Club of Burlington.

"I think there's something in her soul that reacts against injustice. When she became aware of the number of children in her own community who are struggling with the effects of poverty, she did what caring people do. They look at themselves and say, How can I make this better." 

This year marks the first time that Nancy was recognized by NVBR as REALTOR of the YEAR for her distinguished service as a top-notch estate agent and a passionate community supporter.

Congratulations for this well-deserved award!

Nancy Jenkins Movie Day Thrills, in 3-D!

by Nancy Jenkins, CRB, CRS

This year, we celebrated Nancy Jenkins Team Movie Day at Essex Cinemas on March 24 with over 270 clients, customers, and friends! We combined four hit movies, scores of 3-D glasses, over one hundred free bags of popcorn, and a food drive to make it a memorable, fun-filled day!

Movie-goers picked from four new Hollywood releases: The Lorax (3-D)John Carter (3-D)21 Jump Street, and The Hunger GamesThe Lorax was so popular we filled up one theater and opened up a second! It was a fun seeing these action-adventure films with so many friends on the big screen, especially in 3-D!

It's always great to catch up with folks and see the kids grow up, and reconnect.

Making the day extra special was our annual Movie Day food drive for the Chittenden Emergency Food Shelf. Clients brought dozens of bags of high-quality food items, like rice pilaf, soups, and canned veggies, to share with local families. Altogether, we collected 371 pounds of food, which will feed 6-7 families for one month. The Food Shelf is the largest direct service emergency food provider in Vermont.

Nancy Jenkins Team Movie Day was sponsored in part by Regency Mortgage Corp, Wick & Maddocks, and Morways Moving and Storage.

Thank you to all who came and made this Nancy Jenkins Team Movie Day so wonderful!

The ONE Fashion Event - Oh, What a Night!

by Nancy Jenkins, CRB, CRS

Last Saturday, the Boys & Girls Club of Burlington hosted its annual ONE Fashion Event, which pairs fundraising and fashion  to create one magical night.

Dozens of local clothing shops like Monelle and Yogarama participate each year, but the real highlight of the show is the fashion parade created by the kids of the club, who sport their own custom-designed outfits.

This year, my daughter Meredith joined the event at Higher Ground as a runway model for Marilyn's and Von Bargen's. She wore geometrical jewelry with raw diamonds designed by Todd Reed.

She told me it was unbelievable to see the support and enthusiasm Burlington has for the club and the kids. The packed house went wild every time a model went down the runway.

Fans also showed their support for the club in others ways, like by making matching gifts and purchasing beautiful sterling silver pendants designed by Krissee of the Boys and Girls and crafted by Perrywinkle's Fine Jewelry.

All told, the event helped to raise over $40,000 for the club! That means the Boys & Girls Club's innovative and broad-reaching programs and activities will continue for local kids. That's a great thing!

See more pictures by event photographer Karen Pike here: ONE Fashion Event web page.

Please contact us if you would like to purchase a sterling silver pendant or make a donation to the Boys & Girls Club of Burlington!

Don't Wait Til Spring to Plug Up Those Drips and Leaks

by Nancy Jenkins, CRB, CRS

 Last year brought Vermont the worst flooding since 1927, turning communities across Vermont into islands. Remember all the rain? The wet basements? The water damage?

This year, before "April showers bring May flowers," use the cold, wet weather of winter to find places where your home may be leaking water and heat. This is your chance to seal up tight in advance of light or heavy seasonal flooding -- and develop a wish list for energy-saving improvements.

Your first order of business should be to make sure no water is getting in.

Carefully check every spot where condensation or water could enter your living areas and storage spaces. Scrutinize ceilings, under the roof, under the eaves, and along window and door frames and ventilation seals. Make a list of trouble areas that need repair, and decide in each case whether you can fix it or it's time to call in a professional.

Don't forget about potential water damage near toilets, sinks, tubs, and showers. Use a flashlight to check the crawl space or basement walls and floors and the underside of the first-story floor. Look for visible moisture and stains caused by moisture. When you find something, the remedy will depend on the source of the leak. You may just need to re-caulk around a tub or window, or you may need to call a plumber to replace a leaking fixture.

Put securing your home for a wet spring on your Honey, Do List!

Guest Blog: Choosing Your Mortgage Lender

by Mark Benton, Mortgage Planner

These days you have many options for mortgage financing. Many web-savvy folks will apply right online or call an 800 number to apply. Many people check on financing while surfing the web for properties. 

My advice…Buyer beware! Do you really know who’s on the other end of the line? Is it someone in Kansas who’s not even licensed in Vermont? Do they know about Vermont-specific closing costs, like the Vermont Property Transfer Tax and what percent the buyer pays? Are they using local appraisers who are familiar with the specific market in which you’re buying?

If you ask your local realtor or attorney who to choose for your mortgage financing, they will strongly suggest working with a lender who lives and works in your area. They all have horror stories about the long-distance lender who made the process difficult for their buyer(s) and, consequently, the seller(s).

You may think, “Well, it’s more convenient for me to call after work and get pre-qualified. I can’t call my local lender at 8:30 at night.” But you would be surprised at how flexible your local lender can be. As a local mortgage lender, I realize that it is often difficult to meet during the work day and you need to meet after office hours. I’m always willing to meet on evenings or over the weekend. Often I will gather a lot of your information over the phone before we even meet in person.

I will work closely with your realtor and closing attorney to make the process go as smoothly as possible, minimizing any chance for a last-minute surprise! I live and work in the community. My rates and closing costs are among some of the best and most competitive in the market. I’m easy to reach and you can contact me anytime during the process with questions and I will call you back! I’m here to make your home-buying process an enjoyable one. My number is (802) 863-0403 x 223

Mark Benton is a Mortgage Planner with Regency Mortgage Corporation in South Burlington, Vermont (NMLS 94675). He, his wife, and two children live in Essex Junction.

Our Vermont Realtor Code of Ethics

by Nancy Jenkins, CRB, CRS

Did you know that we Vermont realtors take a pledge every year to uphold strong values and good business practice in all of our real estate dealings? It's an affirmation of the high level of business ethics that we share here in Vermont. 

The pledge emphasizes honesty, knowledge, fairness, and good conduct, among other ideals.

As proud Vermont realtors, we make this pledge to you:
 

* * * I Pledge Myself * * *

To protect the individual right of real estate ownership

and to widen the opportunity to enjoy it;

To be honorable and honest in all dealings;

To seek better to represent my clients

by building my knowledge and competence;

To act fairly towards all in the spirit of the Golden Rule;

To serve well my community, and through it my country;

To observe the REALTORS (c) Code of Ethics

and conform my conduct to its lofty ideals.

Happy Valentine's Day: Home Is Where the Heart Is

by Nancy Jenkins, CRB, CRS

Make this a Valentine's Day to remember 
by finding a new home that really sets your heart on fire: 
www.nancyjenkins.com/Properties

Together, we can put a red bow around the front door of a house,
"On the Street Where You Live." 

We're passionate about these two homes that "Move Us":

                    

Underhill - $265,000                                           Burlington - $280,000 


And we love referrals! Send us your friends & loved ones for a match made in heaven.

We're yours. Be ours?

-The Nancy Jenkins Team

Nancy Jenkins Shares Local Analysis on Housing Sales, in Burlington Free Press

by Nancy Jenkins, CRB, CRS

Did you see Nancy Jenkins in the Burlington Free Press last Saturday, Jan. 21? 

She appeared in a block quote, next to an AP article titled, "Homes sales up, offering hope for housing recovery," by Derek Kravitz. 

She shared local analysis on why the housing market in Chittenden County has not yet reflected the jump in sales that was seen nationally in December. Here's what she had to say:


"We follow the major markets; we always have. We're two to three years behind Boston and New York; that is what I've seen happening all the time. So that's a good sign if they're moving more houses, we'll be following in their trail."


Click here to read the AP article that appeared in BFP's Saturday print edition.

 

 

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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