Blog :: 11-2011

Homeownership in Vermont - Still a Smart Move


With all the doom and gloom articles that have been published in the last few years about the economy and the collapse of the housing market, one might think that investing in real estate might not be such a good idea. I beg to differ for a number of reasons in our local market place.

 

10 Reasons to Invest in Real Estate

  1. Prices have dropped to the extent that now would be a perfect time to upgrade to that home that you couldn't afford in 2006.
  2. Interest rates are at some of their lowest levels which makes it more affordable to make your payments.
  3. The interest is still tax deductible which can help you with finances.
  4. It is a forced savings plan when you consider it is going towards something that you will eventually own.
  5. You have something to show for your monthly payments.
  6. You can decide when and how you want to remodel your home and not have to ask anyone else.
  7. When the economy turns around, and it will, you will have a head start on building wealth for your future.
  8. Real estate has always seen highs and lows and wouldn't it be better to be buying when it is at a low?
  9. You'll get a better home.
  10. It is a hedge against inflation.
If you need more ideas than this in order to convince you, let us know. We have more. Subscribe to our monthly e-Newsletter!

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    CENTURY 21 Advantage's Top Producers in October

    South Burlington, VT Brian French, Jim Ross/Linda Murphy, and Lori Dykema, sales associates with CENTURY 21 Advantage were named the offices top producers for the month of October. CENTURY 21 Advantage would like congratulate Brian, Jim, Linda, and Lori for their hard work and definitive leadership in home sales for the Chittenden County and surrounding areas. Competitive intelligence, professionalism and dedication have made them a valued and trusted real estate resource for the Greater Burlington community and a major contributor to the overall success of our office.

    Brian Jim and Linda Lori
    Read testimonials or browse their listing for Brian French, Jim Ross/Linda Murphy, and Lori Dykema.

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      Real Estate Sales Statistics


      According to the National Association Realtors latest report, pending home sales nationally were down in September by 4.6% compared with a year ago. With that said, year-to-date numbers indicate that the market overall is ahead of last years numbers for the same time period. Here in the Northeast, the numbers provided show that the Northeast experienced a slow down in September as well by 4.7%, but overall is ahead of last year's figures year-to-date by 4%. According to the National Association of Realtors President, Lawrence Yun, the housing market is being constrained by tighter lending practices and low consumer confidence in the economy even though 2 million jobs have been created this year. Subscribe to our monthly e-Newsletter!Pending Home Sales for September

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