Real Estate Information

Nancy Jenkins Blogs Vermont

Nancy Jenkins, CRB, CRS

Blog

Displaying blog entries 1-10 of 134

We've got some exciting news!

South Burlington, Vermont, January 29th 2016 — Amanda Gerlack with Nancy Jenkins Real Estate has earned the nationally recognized Military Relocation Professional (MRP) Certification. The National Association of REALTORS® confers the MRP certification to REALTORS® who want to help military personnel and veterans find housing solutions that best meet their needs and allow them to take full advantage of their military benefits.

When military staff and their families relocate, the services of a real estate professional who understands their needs and timetables can make the transfer easier, faster and less stressful. REALTORS® who earn this certification know to work with active duty military buyers and sellers, as well as veterans.

 

 


ANNUAL STATE OF THE MARKET

by Nancy Jenkins, CRB, CRS

The national economy continues to improve as the unemployment rate remained at 5% in December and we saw a record year for new car sales at 17,470,464 units. After over seven years of zero interest rate policy, the Federal Reserve ended their stance and raised the Fed Funds rate by .25% with a statement that they would increase rates going forward at a slow, gradual pace. Consumer spending is increasing as we experience reduced gas and fuel prices- inflation adjusted gas is less than it was in 1965 and we all notice savings when we fill our tanks.

A bright spot in the forecast is that Chittenden County continues to lead us in the recovery. The urban center is experiencing the best growth and real estate appreciation in the state. We are expecting to see more growth and recovery in the middle and higher price ranges in 2016. The upper bands of the market have been working against both increased inventory and strong competition. The outlying counties and homes within commuting distance to the “greater Burlington Metropolitan area” are now displaying increases in both showing activity and sales.

One of the best signs of the recovering housing market can be seen in new construction. More homes are being built and that benefits jobs both in the construction industry and in the industries that support them. Higher consumer confidence coupled with good news in the economy, jobs and wages will spur the housing market into a stronger recovery as we travel through 2016.

The MLS average sales price for single-family homes in Addison and Chittenden Counties were both higher than 2014 while Franklin County was flat, and Grand Isle was down. The number of single-family homes closed in 2014 was up 21% to 1287 homes sold - the strongest year since 1999. Chittenden County condominium sales increased 4.8% and the average sale price was flat at $247,650. The 30 year mortgage rate with zero points has ticked up to 3.875% compared to 3.5% at this time last year.

2015 in Review – Average Single-Family Home Prices by County- Statistics per NNEREN

County Average Price Change from 2014
Addison $258,032 up 6.7%
Chittenden $336,073 up 2.1%
Franklin $195,386 even 0.5%
Grand Isle $264,310 down 4.3%

he highest average sale prices were recorded in Shelburne (at $475,116), Charlotte (at $438,151) and South Burlington (at $406,399). The average sale price in Shelburne dropped 10.3% while Charlotte saw an 8.6% decline from last year. Both Shelburne and Charlotte have some of the most expensive lakefront homes which tend to skew the averages both higher and lower from year to year.

Here at Nancy Jenkins Real Estate we had a great year, closing 194 homes in 2015 and helping families from across Vermont, the US, Canada and Europe with their real estate goals. We are proud to call Vermont our home, and we enjoy all the seasons have to offer - skiing and riding in the winter, boating, hiking and swimming in the summer, and our amazing fall colors.

If this is your year for a move we are here to help you, your family, co-workers and friends. We look forward to a great year helping you to achieve your real estate goals. Give us a call or visit our website www.nancyjenkins.com to search for your new home, condo or investment property. Our best wishes to you for a safe, happy and prosperous 2016.

©2016 Nancy Jenkins Real Estate

Warmest Wishes for Health, Happiness and Prosperity in 2016

by Nancy Jenkins, CRB, CRS

 

 

Happy Holidays from Nancy Jenkins Real Estate!

by Nancy Jenkins, CRB, CRS

 

 

Holiday Newsletter 2015

by Nancy Jenkins, CRB, CRS

​NANCY JENKINS REAL ESTATE NEWLETTTER - HOLIDAY 2015

​​The holidays are one of my favorite seasons in Vermont because it is a time for beholding the generosity of so many people. It is in the spirit of giving that the true blessings of life come back to us in so many ways. Holidays are also a great time to bake with family. These recipes are so easy you and the children can make them together. Chocolate Bread Pudding is good for dessert all year round; for a holiday flair serve with our delicious Candy Cane Cookies.


Chocolate Bread Pudding

 

Candy Cane Cookies

2 cups of bread cubed
2 cups of Milk scalded
1 square baking chocolate
1 beaten egg
1/3 cup of sugar
1/8th tsp of salt
1 tsp of vanilla

Scald the milk, melt the chocolate in it. Add the sugar, salt, vanilla and then the egg. Bake for 30 minutes at 300 degrees in greased 8 inch round or square pan. Top with Ice Cream and or whipped cream.

 

1 c. shortening or butter
1 c. confectionary sugar
Cream until smooth then add
1 tsp vanilla
1 egg

Mix separately:
2.5 cup of flour
1.5 tsp of alum
1 tsp salt

Mix both mixtures together. Divide dough in half. Color half with red food coloring. Roll 4 inch strips of red and white dough. Twist to make candy cane. Bake 9 minutes at 375 degrees on ungreased cookie sheets.


In the spirit of the giving season, Bryan and I have made donations to the Boys & Girls Club of Burlington, The Committee on Temporary Shelter (COTS), Sara Holbrook Center, Chittenden Emergency Food Shelf, Women Helping Battered Women, Flynn Center for the Performing Arts, Shelburne Museum and United Way of Chittenden County.

Once again, we have a wonderful treat for you. Use the attached coupon to receive $5 off a $25 purchase at Gardenside Nurseries, on Webster Road in Shelburne. Choose between Christmas trees, wreaths, ornaments, and other great holiday accessories.

We wish you all a safe, healthy, and happy holiday season, on behalf of myself and everyone at Nancy Jenkins Real Estate – Bryan, Alison, Amanda, Carol, David, Jason, Patti, Lori, Dick, Peter, Kelsey and Benton.

We appreciate your trust in the referral of family, friends, and co-workers.

Season’s Greetings,

Nancy and The Jenkins Team

©2015 Nancy Jenkins Real Estate

​For our complete and most current Newsletter, Click Here!

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!

Happy 4th of July!

by Nancy Jenkins, CRB, CRS

Look for the Nancy Jenkins Team in Williston’s Fourth of July parade again this year. The parade starts at 10am. The weather forecast is looking good.

Come early and get a good spot! Hope to see you there!!

Congratulations to Our 2015 Scholarship Winners!

by Nancy Jenkins, CRB, CRS

This is the 18th year we have awarded the Nancy Jenkins Scholarship, which provides $1,000 in tuition support for two college-bound high school seniors. We were delighted to receive a number of applications, all from teens showing a terrific determination to succeed in their life goals.

Congratulations to our 2015 Winners!


John O'Sullivan-Griffith From Burlington High School

who will be attending Cornell University studying Business/Finance. 


Adout Nyal from Burlington High School who will

be attending Castleton State College studying Nursing. 

 

It is our honor to help our young people learn and grown. We wish them much success in their studies!

Cold Weather Is Coming - Be Prepared!

by Nancy Jenkins, CRB, CRS

The forecasts show that temperatures are supposed to drop to dangerously low levels for the next several days. Make sure you have plenty of fuel, extra blankets and endless amounts of hot chocolate!

Below are a few reminders and tips to help you avoid frozen pipes and heating issues in your home throughout these cold temperatures. 

  • Keep your home heated to a minimum of 66 degrees. Keeping your thermostat at a consistent setting, even when you are not at home will ensure adequate heat and require less demand on your heating system to bring your home to temperature.

  • Keep cabinet doors open below sinks. This will allow warm air to flow to the pipes beneath and work to help prevent pipes from freezing.

  • Keep doors between rooms open to allow warm air to circulate.
    
  • Keep furniture away from baseboard heaters or heat duct exchanges to allow warm air to circulate.

  • Identify main water shut-off and know how to operate it in the event of an emergency.

When the weather is this cold, who wants to go outside? Check out these fun things to do  while stuck inside in the winter. Days inside can be fun, especially when you have the perfect home to escape the cold from. If you are in the market for your perfect home give us a call and we will help find you the perfect home for all the seasons in Vermont! 

 

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 1-10 of 134

Syndication

Categories

Archives