Archive for the 'Vermont Life' Category

VT Home Sales Update for September.

With Autumn and all its beauty, comes a more optimistic outlook in the VT real estate market as well.  According to recent statistics for Chittenden county real estate and the surrounding areas, our year-to-date numbers show a 7.25 % increase in closed units from the same time as last year.  The average price increased by 2.21% and the average days on market is currently at 128 days  with the average selling price of $264,400.

Homes for sale in the heart of Vermont’s beauty!

Fall has officially hit our state in a big fashion this year. The foliage season is lining up to be breathtaking once again as is far from over. As you visit our from home to home this fall, take the time to enjoy the beauty of our wonderful state and area.    The vistas are spectacular and we are truly lucky to live in such a wonderful place. Have you been thinking about making a move to country?  Take a look at these Vermont Country Homes For Sale or call us for a private tour.  If you are visiting our state this weekend, we welcome you and hope you enjoy your stay.  Here is a web site you may find helpful onVermont foligage updates and travel information to help coordinate your visit!

Accor ding to a recent article in the National Publication Rismedia, existing home sales in March were up 3.7 % nationwide. With that said, according to our Local Multiple Listing Service, home closings for the State of Vermont in the first quarter were down 28.31 % from the first quarter of last year. But the good news is that  the average days on market dropped a bit to 129 days. For  our Company comparing last years first quarter to this year we are ahead by 29.41%. Thus we are outperforming the state’s real estate average by 100%. We are excited about the opportunities provided to us and our wonderful referral network that we have from our customers and clients.  In this economy, hard work will determine who makes it and who doesn’t.  Contact us  if you would like to benefit from our 30 years of experience.

Tax Bill

The shift from taxable income to adjusted gross income (AGI) is gaining ground in Vermont’s House Ways and Means Committee.

Call or email your legislators in Vermont. Currently our mortgage interest deduction is in jeopardy with our current legislators. There is a bill that is being discussed that would eliminate interest deductions on our owned real estate. This would be a brutal attack on home ownership and ultimately slow our economic recovery even more. Attached is a link for a call to action in the state of Vermont that everyone should read and become involved. It’s your livelyhood, shouldn’t you be involved?

Who is my Representative?.

Contact Your Senator?.

Contact Your Senator?.

Resources for MID

Benefits_of_Homeownership_Press_Release
Jobs and Homeownership
MID Stats
Talking Points

March is finally here and we are anticipating a brisk real estate market this spring.

The activity is already ahead of last year’s numbers and we are optimistic about the future. This past February we set a record for the amount of snow fall ever at 43 inches. Not to mention the 3rd largest snowfall on record from the storm on Monday!! Considering that and the amount of cold weather that accompanied it, we did pretty well.

The Current VT Investment Market

Right now we are working with a number of investors that feel that the real estate market still is the place to put their money with the relatively low interest rates for investment property. Interestingly enough, the supply currently is quite low for that type of property and the sellers are the ones holding the cards again for that type of property in our area.

Good Times for Investors

What may be unfortunate news for renters in Burlington, is great news for investors. Rents are of the highest in the nation but property prices are still quite reasonable. We have several clients from the West Coast where property prices are so much higher than here in the East, but rent is just as high. Take for example, this investors dream, this multi-family real estate in Burlington located at 110 North Union Street.

Browse all the active investment properties for sale in Chittenden County.

CENTURY 21 Advantage is pleased to recognize Brian French, Shawn Kelley and Leah Racine with this honor. They are leaders and innovators, empowering local homebuyers and sellers with valuable information, helping them to make informed real estate decisions.

Their competitive intelligence, professionalism and dedication has made them a valued and trusted real estate resource for the Chittenden County Community and a major contributor to the overall success of our office and the CENTURY 21 System as a whole.

Brian French	Shawn Kelley	Leah Racine