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A Note From Barb Trousdale - A Few Words For The New Year!

If moving in 2016 is one of your goals, our Team would be delighted to assist you in accomplishing that objective.  We have developed a marketing system that ensures every property we list gets the best exposure you can find in this market.  Our services to Buyer-Clients include thorough research of a property and the completion of a market analysis to help them make an educated decision about the price and terms to offer. 

The real estate market statistics for November 2015 were recently released by the Northwestern Vermont Board of Realtors which reports on sales in Chittenden, Franklin and Grand Isle Counties.  Kathleen Sweeten, CEO of the Northwestern Vermont Board of Realtors® reports "The market continues to be busy. As was expected, the Federal Reserve elected to raise short-term interest rates for the first time since 2006. Even with the small increase, it is anticipated that Mortgage rates will remain at historically low levels in 2016." 

There were slight improvements in most categories analyzed. Sales from January 1 to November 30, 2015 were up by 11.3% over the same time period in 2014.  In addition, the median sales price increased by 1.8% and the average sales price by 0.8%.  Average days on the market were almost identical 95 vs. 96 and the percentage of the original listing price received increased by 0.1% to 94.8%.

The number of month's supply of inventory for sale continues to decrease; resulting in fewer properties for Buyers to choose from; and a real opportunity for Sellers considering listing their property.  If you or someone you know are contemplating a move, I encourage you to consider whether it would be best to have your property competing with fewer properties this time of year rather than waiting until the spring market when many homeowners choose to list.

With a combined 19+ years of experience and hundreds of successful transactions under our belt, Theresa Ferrara and I are ready to help you (your friend, colleague or family) make your dream of moving a reality! You can rest assured with Heather, our Administrator who is also a licensed Realtor behind the scenes, your transaction will be handled with utmost of care and professionalism!

We look forward to hearing from you in 2016. Wishing you a safe and healthy New Year!

Barb Trousdale