The housing market in Stowe, Vermont has been on the rise over the past few years, with strong demand due to limited inventory leading to increased prices and competitive bidding wars. Stowe, located in Lamoille County, is a popular destination for tourists and...
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: “. . . some...
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the...
Rising interest rates on home mortgages are making some buyers wary of purchasing a home. According to Forbes, for the week of September 19th the current average rate for a 30-year fixed mortgage has reached 6.39%, up 23% from the previous week[1]. In just the last...
If you’re planning a fall vacation, Vermont should be at the top of your list. The Green Mountain State – named after the French words for green (vert) and mountain (mont) – is beautiful at any time of year. It’s popular in the winter with downhill skiing...
It’s never easy to read the real estate market, which makes it difficult to know whether to buy a home in Vermont now or wait to make a purchase. After all, you can’t be expected to know all the steps in the process of buying a home, how to find real...
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