Blog :: 05-2011

Spring Brings Showers, Showings, and Closings in Vermont this Year!

The sun is shining as I type this. Thank god. This Spring has been the "rainiest" Spring on record for Vermont, and I know I'm not the only one ready for Summer. Thankfully this hasn't stopped home buyers in Vermontfrom getting out into the marketand seeing properties, making offers, and closing deals! We at Dousevicz Real Estate have seen RECORD activity inNorthern VermontReal Estatefor our office this year, thanks in no doubt to:
  • Still record low interest rates. Rates are still hovering in the mid 4's, which are phenominal!
  • A very nice housing stock in northern Vermont. Sellers are prepping their homes how they need to- making those improvements that have been needed, keeping their homes clean and lawns kept, and eliminating clutter whenever possible. Our clients LIKE WHAT THEY SEE when visiting most homes, which is sure to generate more offers!
  • Sellers and Buyers are willing to COMPROMISE. We've worked on a few deals this Spring where both the buyer and the seller were willing to give something up, in order to get the deal done. The great deal is where everyone wins, and everyone is happy around the closing table. We're seeing this more and more- keep up the good work buyers and sellers!
Prices in Northern Vermont remain stable when compared to the previous year. What we ARE seeing is that homes in certain areas are on the market for LESS TIME. Much less than what we have seen in the previous 12 months. Specifically, we've experienced two deals for condominiums in South Burlington and Burlington where the deal we put together the condo's were on the market for less than 10 Days, and sometimes they had MORE THAN ONE offer! The lesson here? Be ready to negoatiate, come as a pre-qualified buyer, and try to make offers with minimal contingencies. Do these things and you can WIN the home and condo of your dreams in Burlington, South Burlington, Williston, Essex, or wherever your search takes you. Contact Brad Dousevicz of Dousevicz Real Estate today for the latest market data, your free market analysis for your home, or just to chat about your options. 802-879-4477 or 802-238-9367. Brad@dousevicz.com