How Much Leverage Do Today’s House Sellers Have?
How Much Leverage Do Today’s House Sellers Have? The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of
Read MoreWhere Have All the Houses Gone?
Where Have All the Houses Gone? In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to
Read MoreHome Mortgage Rates by Decade [INFOGRAPHIC]
Home Mortgage Rates by Decade [INFOGRAPHIC] Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home.Locking in a low rate today could save you thousands of dollars over the lif
Read MoreWill Low Mortgage Rates Continue through 2021?
Will Low Mortgage Rates Continue through 2021? With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The av
Read MoreThe Luxury Market Is Attracting Buyers in 2021
The Luxury Market Is Attracting Buyers in 2021 As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares
Read More47% of New Buyers Surprised by How Affordable Homes Are Today
47% of New Buyers Surprised by How Affordable Homes Are Today Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more aff
Read More3 Ways You’ll Win When You Buy a Home This Year
3 Ways You’ll Win When You Buy a Home This Year There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and acco
Read More3 Reasons We’re Definitely Not in a Housing Bubble
3 Reasons We’re Definitely Not in a Housing Bubble Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a deca
Read More6 Foundational Benefits of Homeownership Today
6 Foundational Benefits of Homeownership Today Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection throug
Read MoreWant to Build Wealth? Buy a Home This Year.
Want to Build Wealth? Buy a Home This Year. Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely ta
Read MoreBUYER’S eGUIDE: A Complete Guide for First Time Home Buyers
The housing market recovery has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, so it’s framing up to be an ideal time to buy a home for those who are ready to make a purchase. If you’re a first t
Read MoreSELLER’S eGUIDE: Things to Consider When Selling Your House – Winter 2021
If you’re thinking of putting your house on the market, don’t wait. A seller will always negotiate the best deal when demand is high, and supply is low. That’s exactly what’s happening in the real estate market today. As 2021 progresses, and the pandemic is hopefully behind us, there will be
Read MoreBUYER’S eGUIDE: A Millennial’s Guide to Homeownership
The Millennial Generation is the largest generation in United States history. According to the US Census Bureau: “[Millennials] born between 1982-2000, now number 83.1 million and represent more than one-quarter of the nation’s population. Their size exceeds that of the 75.4 million baby boomers
Read MoreIs Right Now the Right Time to Sell? [INFOGRAPHIC]
Is Right Now the Right Time to Sell? [INFOGRAPHIC] Some Highlights If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition.With buyer demand rising and historically low inventory for sale, if you’r
Read MoreWhat’s the Difference between an Appraisal and a Home Inspection?
What’s the Difference between an Appraisal and a Home Inspection? If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to conf
Read MoreWhy Moving May Be Just the Boost You Need
Why Moving May Be Just the Boost You Need As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their ment
Read MoreOur Vermont Real Estate Update – October
The Northwestern Vermont Board of Realtors (NVBR) has released its market statistics for October 2017. The information is collected directly from the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties. They noted the following for the month of October in their r
Read MoreCOMING SOON! Brand New 2 Bedroom Mobile Home in Burlington
New Commodore Astro 14’x48′ two bedroom, one bath home for sale in newly formed North Avenue Co-op! Great location right off North Avenue and across from Ethan Allen Shopping Plaza, close to the Lake and Leddy Park, bike trails and the bus line. This is a brand new energy star rated home – very effi
Read MoreThe Six Best DIY Tips to Prep Your Home for Sale
It’s common for home sellers to make big, sweeping improvements on their homes right before they sell. But while it’s true that buyers may prefer a kitchen with stainless steel appliances and granite countertops, you won’t recoup the cost of that major upgrade when selling. If you’re hoping to sell
Read MoreThree Reasons You Should Hire an Agent
The rate of For Sale By Owner (FSBO) homes has been decreasing steadily for the last decade. In 2016, FSBOs accounted for just 8% of home sales. Why do 87% of home sellers use an agent to sell their home? Today’s buyers are web-savvy, and expect homes to be marketed on national home search sites tha
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