Special offer

Are you on the fence...

By
Real Estate Agent with Rossi & Riina Real Estate VT# 082-0007326

Is now a good time? Two people sitting on a fence with their house next to them

It feels safe up there... but...

                                   "get off the fence"

If there has ever been a truly good time to sell in Chittenden County, VT it is now.

 "Why list now?"you ask.   Lawrence Yun, Chief Economist for NAR explains 2012 market gains <video 5 minutes> 

                 

Let me explain:

 1.) There are more buyers than houses available for them in Chittenden County Vermont.

        (low inventory in price ranges from 0 to the mid fives)

2.) Buyers are very motivated as the VT interest rates are still 3.37% for a 30 year loan.

         (only projected through 2014 but rates could go up sooner if the Fed sees recovery)

3.) If you have a house that is priced appropriately for today's market, is in good repair

           and marketed well it will get showings.

While the Chittenden County VT  (Burlington, VT) market is the most vital there are surrounding counties that would also benefit from more quality listings, for example Franklin County, Addison County and Grand Isle County.

We do not have a monopoly on "low inventory" check out this blog from Pennsylvania

The market in Burlington, VT is waiting for your listings!

House under a magnifiying glassSo once you "get off the fence" and decide to list your house you should select an agent/agency that will present your home in the best possible light.

 It needs to rise above the others in your area.

See how the MN market has bounced back up.


 

 Coldwell Banker Hickok & Boardman Realty logo

If you would like more information or clarification call or email me.

email    website  Dana Basiliere 802-238-3939

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Photo of Dana Basiliere   

   Dana Basiliere REALTOR®/AGENT ABR, SRES, CNS, CHMS, CNIS

   Opening Doors for Vermonters... with a Personal Touch!  ©

Christina Sanchez Hood
Palo Alto, CA
#SiliconValleyHOODS | Inspired Living

Dana, sounds like a great opportunity for sellers to take advantage of the market and get it SOLD!  May 2013 bring you much success :)

Jan 09, 2013 12:12 PM
Dana Basiliere
Rossi & Riina Real Estate - Williston, VT
Making deals "Happen"

Christina, Thank you for the good wishes and may your 2013 be successful too.

It almost sounds like a listing ploy but it is exactly what is going on. We have buyers waiting for more houses to come on the market. We could easily stand to double our inventory.

Jan 09, 2013 12:20 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Dana, Those are all good reasons to list now with a good agent like you.

Jan 09, 2013 12:27 PM
Christine McDaniel
Christine McDaniel Realty, LLC - Avon, IN
Broker Associate

Dana, Our statistics are finally showing an up trend in my area.  Unfortunately I don't think buyers have caught on yet and many will miss the boat on those wonderfully low interest rates.  Sellers always have that list in spring mentality no matter what statistics you show them.

Jan 09, 2013 12:39 PM
Dana Basiliere
Rossi & Riina Real Estate - Williston, VT
Making deals "Happen"

Debbie,

Thank you, and nice that you stopped by.

 

Christine,

Yes it is a hard road to get the sellers mentality changed. As much as we would like the rates to stay at 3.37% they have a year, maybe two before they creep back up (according to the Fed)

Jan 09, 2013 09:59 PM
Dana Basiliere
Rossi & Riina Real Estate - Williston, VT
Making deals "Happen"

Anyone is welcome to post comments on my blogs.

DanaB

Jan 10, 2013 10:55 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Dana, nice post, as you saw in my blog not entirely regional either, the housing recovery is underway, and sellers don't have to wait till spring to get some of the action. good luck, I added a link to your article in my blog, maybe you can add something back.

Jan 11, 2013 01:07 AM
Dana Basiliere
Rossi & Riina Real Estate - Williston, VT
Making deals "Happen"

Nick & Trudy,

 I will link to your blog as well. I think this inventory problem is more widespread than folks know.

Jan 11, 2013 01:13 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Dana, thanks and good luck with getting those listings in and marketed.

Jan 11, 2013 01:27 AM
Dana Basiliere
Rossi & Riina Real Estate - Williston, VT
Making deals "Happen"

Thanks Nick & Trudy, I hope to.

Feb 04, 2013 12:08 PM