That is actually not the headline on CNNmoney.com which is "January Foreclosures up 57%" so what is the real story and how does it affect Burlington VT and the local real estate market? Sure, the housing numbers for the US are down from the peak, however we are not experiencing the wave of foreclosures found in states like California,..(read more)
There was a story run in the December 16th Burlington Free Press on the national real estate market’s media coverage, you may find interesting.
On this same topic, I received an email from a buyer asking if housing prices in Vermont were really going to drop 30% in 2008. What he was referring to was a recent headline posted by Reuters on two markets- Punta Gorda, FL and Stockton,..(read more)
According to the Burlington Free Press, the state of Vermont has started making official maps and plotting plans available on digital files. In fact, much of the Vermont State Archives is being converted to modern digital use. This will have a positive impact on the real estate industry, which relies on accurate boundary lines to properly transfer homesteads and land parcels. No..(read more)
Vermonters rank as the nation’s healthiest, according to an article in today’s Burlington Free Press. Vermonters have long prided themselves as an active, outdoorsy bunch, who might be as easily found scaling a 1,800 ft cliff-side as sipping free coffee in a local rest stop. This new distinction of ‘Healthiest Americans,’ which adds much to the treasured Vermont mystique,..(read more)
The Burlington Free Press just published an article that provides some helpful tips for getting your home sold quickly. They side column also has some great points for easing the stress of a move. The article as a whole is a good read, some key points to note are; Think like buyers, Price is critical, Curb appeal and Pets, lighting, bathrooms and smells.
-Nancy
The news of late is all about subprime loans, foreclosures and what the effect will be on the Vermont real estate market. The Sunday issue of the Burlington Free Press had an article which said foreclosures are on the rise, mostly due to an increase in defaults in higher risk subprime loans. What are subprime loans, and why should we care here in Burlington?
Simply put, subprime loans..(read more)
I just received an important message from VHFA (Vermont Housing Finance Agency) and wanted to pass the information on to you.
-Nancy
As part of the Tax Relief and Health Care Act of 2006, VHFA IS NOWABLE TO OFFER AN EXCEPTION TO THE FIRST-TIME BUYER REQUIREMENT TO VETERANS.
This exception is available for a limited time only.
The five counties that Borrowers..(read more)
Burlington Free Press reports on an article in Country Homes Magazine, that Burlington Vermont is the nations most eco-friendly city. The report used data from U.S. Census Bureau, the U.S. Department of Transportation, the U.S. Department of Agriculture, the U.S. Environmental Protection Agency, the U.S. Green Building Council, and more. They rated environmental issues such as the use of mass..(read more)
Today’s Burlington Free Press features an article on housing affordability in Vermont with our clients who have a home under deposit. The article examines the current condition of affordability and how it has compared to past years. I’m also quoted in the article saying, “Starter condominiums ranging from $120,000 to $200,000 in ChittendenCounty are options for first-time buyers”
-Nancy
Housing..(read more)
We just wanted to remind you that the Vermont Homestead Declaration and Property Tax Adjustments forms are almost due. All homeowners must complete this form by April 17th, 2007. The new form HS-122, now replaces the following three forms; HS-131, Declaration of Vermont Homestead; HS-138, Education Property Tax Payment Application; and HS-139, Property Taxes Rebate Claim. The print version of this..(read more)
