2020 Is the Year to Sell Your Home! It's a Seller's Market....
The Northern Vermont Board of Realtors tells us that January started off strong for the housing market in the region, with healthy buyer demand and strong market fundamentals.
New Listings decreased 14.6 percent for single-family homes and 41.3 percent for townhouse-condo properties. Pending Sales increased 8.0 percent for single-family homes but decreased 18.6 percent for townhouse-condo properties. Inventory decreased 56.7 percent for single-family homes and 65.4 percent for townhouse-condo properties. Overall, the signs point to a continued Seller's Market.
More specifically, in Chittenden County:
The Median Sales Price for a Single Family home saw a 1.8% increase year-to-date versus 2020.
While the Median Sales Price for a Condo/Townhouse also saw a 1.8% increase year-to-date.
Chittenden County continues to outpace price increases for the entire Northern Vermont region and sellers are seeing significant benefits to selling in today's market.
Worried about finding your next home? Don't be! That's what our team is here for, too. We have the knowledge and expertise to find that next safe spot to land when your current home sells!
December 21st may be the darkest day of the year, but look for the confluence of Jupiter and Saturn to make it brighter than ever! As in it's not been this bright in more than 800 years. WOW! Light brings us hope in the darkest of times. In a year like no other in our collective experience, we need hope and the promise of better things to come. We can shine together and take care of each other during these very dark days of winter. Where will you be when Jupiter and Saturn bring such bright light to all of us?https://www.onlyinyourstate.com/vermont/christmas-star-vt/?utm_medium=email&utm_source=vermont&utm_campaign=newsletter&utm_content=nlbuttonB1
Are you taking down the holiday decorations/ Thinking about the memories just made, and those that they stir up from the past? Can you remember the "Shiny Brigh" ornaments from way back? Take a trip down memory lane. I remember these on our tree growing up, and on everyone else's in our family.
Winter in Vermont can lead to a new hobby: Birding! If you're at all like me, you'll enjoy watching from your window the variety of birds that come literally to your doorstep. Here's more about how to have fun being a "winter birder."
Snow came early here in Vermont and you might still see snow on some pumpkins as you stroll around town. But, more likely you'll see holiday lights glimmering, wreaths with their beautiful bows adorning homes and storefronts, and lovely vistas of snow-covered fields and mountains. The holidays are always a great time to be in Vermont and why not venture out to a place you haven't yet visited to experience the best the season has to offer!
Or head to Hotel Vermont in Burlington for one of its Mini Holiday Markets that features local artists and their wares, along with scrumptious hot chocolate, vinyl spinning seasonal tunes and a cozy fireside atmosphere that just can't be beat! https://www.facebook.com/events/501365834039597/
GRAND ISLE – The good news from Lake Champlain is that no new invasive species have made their way into its waters since 2014, but the by now familiar bad news is that phosphorus levels in many parts of the lake remain disconcertingly high.
These were among the findings in the 2018 State of the Lake Report released on Friday. The report, a health check compiled every three years by the Lake Champlain Basin Program, covers water quality, aquatic species, and economics. The basin program, a creation of Congress, is a partnership of the states of Vermont and New York, and the Canadian province of Quebec, to monitor the health of the lake and its more than 8,000 square mile watershed.
“Without monitoring and assessing the results of all this work, we wouldn’t know if we were making progress,” said Melville Cote, EPA project manager, addressing those assembled for the report’s release at the basin program’s Grand Isle offices.
The emphasis on invasive species monitoring is so that Lake Champlain doesn’t suffer the fate of the Great Lakes, whose fisheries were devastated when the completion of the St. Lawrence Seaway in 1959 allowed the introduction of non-native species.
Vermont in recent years has ramped up efforts to stop invasive aquatic species from entering its own great lake. Boat greeters are stationed at access points around the lake, to educate boaters about invasive species and to remove plant material from watercraft entering and leaving the lake. Greeters have removed 4,782 invasive specimens from the 95,177 boats they have surveyed, according to the report.
As a result, the water chestnut that in 1999 choked more than 25 percent of the narrow south end of Lake Champlain, clogging boat motors and destroying fish habitat, has been significantly reduced. Removal may soon get more high-tech with the use of drones to detect any new spread of water chestnut all around the lake.
A long term sea lamprey management program has led to a significant decrease in the lake’s most notorious invasive species. Sea lamprey come equipped with a suction-cup mouth — and a ring of many teeth. They feed on freshwater fish by latching onto their smooth sides, and draining bodily fluids.
There has been a marked decline in the “wounding” of salmon over the last 15 years, but for reasons that are not entirely clear, the wounding of lake trout “has increased dramatically” in the past two years, Ellen Kujawa, technical associate for the basin program.
Even so, the juvenile lake trout population nearly doubled from 2016 to 2017, and for the first time in a century landlocked Atlantic salmon have begun to reproduce naturally in the Winooski River, Kujawa said. “For the most part, Lake Champlain sport fish continue to thrive,” she added.
The stubborn phosphorus problem is in part a result of the geography of the lake. For every square mile of water, 18 square miles of land drain into the lake, which is significantly more than the drainage into the Great Lakes, said Matt Vaughan, technical coordinator with the LCBP.
“Most nutrients come from sources on the land, so the relatively high land-to-lake ratio for Lake Champlain poses significant challenges in limiting pollution,” said Vaughan, who added that the lake’s tributaries deliver around 2 million pounds of phosphorus each year.
“Long term phosphorus loading trends have not improved for most Lake Champlain tributaries,” he said.
Phosphorus levels are highest in the Missisquoi Bay, the South Lake and St. Albans Bay — areas that face a potent combination of shallow water and heavy agricultural runoff. ANR Secretary Julie Moore said the northern bay areas have cyanobacteria blooms that “continue to be persistent despite all our efforts to reduce nonpoint source pollution.”
Although 38 percent of the lake’s phosphorus load comes from agricultural lands, developed land contributes more than twice as much phosphorus per square mile, according to the report. The state is using edge of field monitoring to determine the effectiveness of agricultural best practices such as cover cropping and no-till planting in reducing sediment runoff into the lake, Lake Champlain Basin Program manager Eric Howe said. Moore called the ongoing effort to reduce phosphorus across the watershed a “sustained heavy lift” by partners around Vermont, New York and Quebec.
Lake Champlain generates $300 million in tourist revenue each year, and a decline in water quality could lead to a $16.8 million decrease in summertime business, the report warned. Speakers at the report release highlighted the importance of funding infrastructure, like boat access points and lakeside bike trails, that connects tourists and residents to the lake.
“Vermont’s crown jewel,” Gov. Phil Scott called the lake on Friday. “Water quality goes hand-in-hand with the growth of our economy,” Scott said, though he added, “From my perspective, we don’t have to choose between the environment and our economy — we can support both.”
The Lake Champlain Quadricentennial brought some renewed attention to the lakes many shipwrecks. These Lake Champlain, particularly Burlington, shipping disasters must have been easily viewed from Burlington's Hill Section, where many of the historic homes here still feature widows walks. From these rooftop perches, captains could view their ships at anchor in Burlington Harbor and captains wives could view the safe return of their spouses.
Lake Champlain Historic Shipwrecks
Lake Champlain is home to more that 300 historic shipwrecks! A recent Vermont Public Radio series details these historic shipping disasters on Lake Champlain (History Under the Waves).
This fascinating series describes the sinking of several ships including one of the first steamboats in the United States. The Phoenix was a side-wheel steamer active during the early 1800s. It sank engulfed in flames after a pantry fire spread throughout the ship on September 5, 1819. The ship sank just north of Burlington at Colchester Reef.
The tale of this disaster includes casualties, a theft, a lifeboat shortage, and the bravery of a substitute captain (the ships captain was home with the flu, his son filled in for him on this momentous occasion). Learn more about the Phoenix.