|
Home Real Estate Forum Home 
|
Vermont Dodges Worst of Real Estate SlumpAll listings are the responsiblity of the posters; keep in mind, anyone can post anything! |
 us |
|
| ||
|
Home Real Estate Forum Home
|
Vermont Dodges Worst of Real Estate SlumpAll listings are the responsiblity of the posters; keep in mind, anyone can post anything! |
us |
|
| ||
|
Advertisement: Top Searches: • worst of vermont • articles on vermont real estate • vermont worst winter • real estate slump vermont • real estate sales slowdown for fall vermont • vermont real estate forum • |
Real Estate ArticlesVermont Dodges Worst of Real Estate Slump
There is a lot to do and see in Vermont whatever season you choose. From the green mountains to the incredible fall colors, Vermont has something for almost everyone. One of the states finer points, however, may not appear in a tourist brochure. The little known secret is that Vermont's real estate was not as affected by the bust and recession as many other states.
Through the end of July this year, Vermont home sales increased 18 percent compared to the same time period in 2009. The dollar value of all home properties sold increased almost 24 percent this year as well. With this increase, however, the median price rose only 1 percent from the previous year. Agents surveyed allowed that the federal tax credit did have an effect on sales. Moreover, they said, Vermont's real estate market never hit the brakes like other parts of the country. The developing mortgage and foreclosure debacle has had little effect as well. The problems, however, are minimal compared to other parts of the country. Activity and sales did slow down this June but real estate experts place the blame on the end of the $8,000 tax credit. Overall, sales of Vermont homes have been a bit more stable compared to national averages. Over the past summer, sales of vacation homes and condos moved up noticeably, a nice surprise for owners and agents across the state. However, now that winter is on the way, the market has trended downward a bit. Real estate professionals tell their clients to have patience, whether buying or selling. With historically low interest rates, deals are out there. You just have to spend more time with your agent previewing different properties searching for the one that best meets your needs. If you are in the market for a home in Vermont, now is definitely a good time to begin your search.
You can talk about... Vermont Dodges Worst of Real Estate Slump Tags: • tax credit • mountains • vacation homes • homes and condos • real estate market • mortgage and foreclosure • real estate slump • vermont • Related articles:
Vermont Dodges Worst of Real Estate Slump Real Estate Articles |
Have you added a link to us from your website? (3013866606):
(rozwqizwipzeqp) Privacy & DMCA Policy -- Sitemap |
