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It's not hard to Fall in Love with Vermont

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Thanks for visiting us at kathyobrien.com, we hope you are enjoying this early autumn weather as much as we are! Below you will find some fun ideas to make the most of our most famous season.

Anyway, enjoy the crisp air and some vicarious peaks into gorgeous Vermont homes as you poke around our site.

Fall Foliage Tour:

Check out this leaf-peeping guides and discover the best foliage in the [...]

September Statistics: Northwestern Vermont Real Estate

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Nationwide, existing home sales were down slightly in August, falling 2% after
two consecutive months of increases, according to the National Association of
REALTORS®. The decline in existing home sales coincides with rising sales
prices, which have continued to soar into fall, with the median sales price of
existing homes up 14.9% compared to last year. Declining affordability has [...]

We'll Take You Everywhere! Check Out this New York Times Ad!

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With Four Seasons Sotheby's International Realty, you have the capacity to reach audiences across the country and even the globe to market your unique property. Below you will see an ad we posted recently for our listing in Burlington that featured in a New York Times flipbook. We have all sorts of creative and fun ways of advertising your real estate!

521 St. Paul Street - Burlington Vermont

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From Madeline Bilis for ApartmentTherapy.com

 

Why we have a crush on this property

 

When I start daydreaming about building a fantasy life in the country, the image in my head usually contains some kind of cozy cottage. This sherbet-colored abode for sale in Burlington, Vermont, has somehow filled in the blanks of my imagination: a thriving wildflower garden instead of a manicured front lawn, charming architectural details, and a covered entryway practically make it the home of my dreams.

 

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The charm continues inside the circa 1928 home, where a wood stove warms the main living area. Around the corner, a sunny yellow kitchen offers an island with seating, and beyond it, there’s a more formal dining area that leads to a rear deck. This deck is a marvel on its own — it comes with a retractable awning, not to mention a mature maple tree growing right through the floorboards.

 

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For a full write up, follow the link below:

Apartment Therapy - 521 St. Paul Street, Burlington, Vermont

August Market Update

Vermont Real Estate Market Report - August 2021

Per Northern Vermont Board of Realtors:

The booming U.S. housing market has spilled over to the rental market, which
has seen demand for apartment and single-family rentals skyrocket this year, as
high sales prices and an inadequate supply of available housing have forced
many prospective buyers to rent for the foreseeable future. Increased [...]

Vermont Real Estate - Market Update - June

Vermont Real Estate Market Report - June 2021

School’s out, and as vaccination rates rise and America enters a new normal, the U.S. housing market continues along at a frenzied pace, with low-interest rates and limited inventory fueling record-high sales prices. May saw the median existing-home sales price exceed $350,000, a 24% increase and the largest year-over-year increase since 1999, according to the National Association of REALTORS®. Eager buyers are making multiple offers, some for well over the asking price, while others are making offers on homes sight unseen.

Vermont Real Estate Market Report - June 2021

New Listings decreased 3.3 percent for single-family homes but increased 27.1 percent for townhouse-condo properties. Pending Sales decreased 4.6 percent for single-family homes and 8.9 percent for townhouse-condo properties. Inventory decreased 43.9 percent for single-family homes and 34.0 percent for townhouse-condo properties.

The Median Sales Price was up 18.5 percent to $385,000 for single-family homes and 10.3 percent to $290,000 for townhouse-condo properties. Days on Market decreased 61.3 percent for single-family homes and 34.8 percent for townhouse-condo properties. Months Supply of Inventory decreased 51.7 percent for single-family homes and 41.2 percent for townhouse-condo properties.

The increase in sales prices comes with a slight decline in existing home sales nationwide, as homebuyers struggle with declining affordability amid a lack of inventory, forcing some buyers to simply wait it out in hopes of more inventory and less competition. Meanwhile, home builders are trying to meet the increased market demand, with housing starts up 3.6% in May from April, according to the Commerce Department. As we ease into new routines and look forward to a post-pandemic future, one thing remains certain: America desperately needs more homes.

Time to Refinance: Mortgage Rates Dip Back Below 3%

Ultra-low mortgage rates returned this week, with lenders offering home buyers and refinancers a chance once again to lock in a rate below 3%. But the National Association of REALTORS® warns that these low rates in the 2% range won’t last much longer, and mortgage rates likely will edge up soon. The 30-year fixed-rate mortgage averaged 2.95% [...]