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Price Reductions in Burlington Vermont

If you get Sunday's newspaper check out the real estate section and notice all the price reduction banners. Prices of homes are still being reduced and now is a great time to negotiate a good value for yourself. Things seem to be moving in a positive direction which means that the buyer's market may be a short-lived event, but for now it
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House Hunting in Vermont

Have you ever wondered what it would be like to have a huge variety of homes to choose from when it is time to go house shopping? And historically low interest rates? Well welcome to reality. If you are contemplating looking for a home, now is the time to do it. It still is a buyer's market and if you are in control. You might be thinking
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Labor-less Day in Burlington Vermont

Now that summer is officially over with yesterday being Labor Day, I hope everyone got to enjoy it to its fullest. It definately was a shorter summer with all the rain we had in June and July. Mother Nature was kind to us these past 4 days though with no rain even predicted. With that said, the real estate market is still chugging along and
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News from the Real Estate Guy in Burlington Vermont

Recently I attended a Realtor function where I was able to talk to a number of my peers about the current market. It appears that we are seeing a resurrection of sorts for deals being done. The attorneys that we work with said that most of their business is now purchases instead of refinances and all the Realtors that I spoke with seemed to
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Taxes rising in Vermont

I don't know if you have the same problem I do, but my taxes continue to rise during a time when property values are not. How can the assessors justify tax increases when values have decreased by at least 10%? It is time to reduce our city budgets and fat from our ledgers. If we continue on this path, it will make it impossible for retirees
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51 days and counting to buy real estate in Vermont

Ok, so nowI have your attention. What I am referring to, is for first-time buyers to put a home under deposit and take advantage of the government's $8,000 tax credit. If you don't put something under deposit within that time period, you may not have time to get the property financed and closed by December 1st. If you don't close by that
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First-Time Home Buyer $8,000 tax credit in Burlington, Vt

If you are a first-time home buyer, now is the time to get pre-approved and contact yours truly to find you a home. For only a short time left if you close on your first home by December 1st the government will give you an $8,000 tax credit when you file your taxes the next year. This is really a deal that seems to good to be true, but more
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Short Sale Difficulties in Vermont

Recently we have been dealing with a number of short sales in our area which have been draining to say the least. A short sale is when the seller of a property is selling their home for less than what they owe to the bank. The bank has to approve such a transaction and therein lies the problem. In numerous cases, it takes months for the
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Summertime deals in Burlington, Vermont

If you haven't pulled the trigger on purchasing your first home and take advantage of the $8,000 tax credit, the clock is ticking. Unless they extend the deadline, which I don't think they will, you have until December 1st to close on your first home in order to be able to take advantage of this golden opportunity. There are not too many
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Sizzling Summer Real Estate Specials in Burlington Vermont

Finally mother nature is finally showing signs of warm weather and summer like conditions. Along with that the real estate market has warmed up these past two months as well. There has a been a lot more activity and if it continues through the fall, this winter will be a lot easier to handle than last winter. The interest rates are still
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Short sale frustration in Vermont

Recently,I have been working on a few short sales that have been extremely frustrating. A short sale is when the person selling a home owes more than what it is currently worth and the bank is willing to sell the property without them recouping the full amount owed. It is a long and difficult process that sometimes does not work out and the
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A real estate shift in Burlington Vermont

It has been awhile since we talked about the real estate market in Burlington Vermont, only because there wasn't much to talk about until now. June was a fantastic month for people putting homes under deposit. Interest rates bumped up this past month, but have slowly worked themselves back down under 5.5% in most cases. We have closed the
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C21 Advantage Top Sales Associates in May

Kelly Farr, Realtor

Arthur Vento, Realtor

Kelly and Arthur, Sales Associates with CENTURY 21 Advantage in South Burlington, were named the offices top sales associate in the month of May.

We are pleased to recognizeKelly and Arhtur with this honor. Their competitive intelligence, professionalism

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The Real Estate Glacier is moving in Burlington Vermont

We knew it would be only a matter of time before we saw things starting to take a turn for the better, and I think that is what we are seeing right now. Listings are getting more showings and the phones are ringing more and we are taking more contracts then we had in the last 4 months. It is a slow movement. One almost like a glacier that
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Recession Leaving Burlington Vermont

There is an article today on the internet that states that the Government is predicting that the Recession has started to subside. Expectations are such here, that we are hoping that things will noticeably change by the end of the summer. I was talking to another business owner yesterday and he said that the glacier has started to move
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