Tuesday, November 16, 2010

It's not all doom and gloom in the Real Estate market! Burlington noted in the WSJ!


Despite what you may be hearing on the national news, the Real Estate market is not all doom and gloom...ESPECIALLY if you are a homeowner in the greater-Burlington area! When listening to (or reading) news on the national Real Estate market, it is important to keep in mind that Real Estate is entirely local. Case in point: this article featured in last week's Wall Street Journal, "Home Prices Decline in Nearly Half of Metropolitan Areas". While at first, one might jump to the conclusion that this article is relaying unfavorable news, if you are a homeowner in the Burlington area, it is quite the opposite!

Basically, the article is stating that in the third quarter of this year, the median home price fell for nearly half of all the metropolitan areas that were observed -in 76 of the 155 areas, to be exact (I think the headline did a good job summing this point up). However, do you see the glass as half empty of half full?! The article goes on to point out that the median home price rose in 77 of the 155 areas observed, AND home prices remained the same in the remaining 2 metropolitan areas. SO, really, home prices have increased, or remained steady, in OVER half of the metropolitan areas that were observed. Why doesn't the article's headline relay this (much more optimistic) finding?!

EVEN MORE ENCOURAGING: Burlington was named as the top metropolitan area for increases in the median home price- up 18% in comparison to last year! WHERE IS THE DOOM AND GLOOM IN THAT?!?! Homeowners in Elmira, NY and Dallas, TX are probably grinning as well, as they both had experienced considerable increases!

Bottom Line(s): When it comes to news about the national housing market- take everything into consideration from a LOCAL standpoint!...AND if you are looking to purchase a home in the Burlington area, give me a call today!

Make sure to read the article from the Wall Street Journal! If you are wondering what makes Burlington such a desirable place to live, check out this video that my company, Coldwell Banker Hickok & Boardman Realty, had made for potential homebuyers considering relocating to the area! Enjoy!

-Jamie Wright, REALTOR
Jamie@BurlingtonVermontHomes.com
(802)846-9530

Thursday, November 11, 2010

Sometimes I forget how amazing Burlington is...

....but this video reminded me! It's almost too easy to take living in this awesome city for granted, but I just watched this video, and was reminded off all the reasons Burlington is such a wonderful place to live, work, and raise a family. Coldwell Banker Hickok & Boardman Realty had FlyByFilms create this brief video, and I think they did a great job capturing the beauty of the area. To view the video, click here.

If you are moving to the Burlington area, please feel free to contact me to today!

-Jamie Wright, REALTOR
Jamie@BurlingtonVermontHomes.com
(802)846-9530

Wednesday, November 3, 2010

Homeowners: Time to prepare your yard for winter!



I was running on schedule to work today, until I went to hop in my car and saw the THICK layer of frost coating it. (I guess it's time to clean out the garage so I can actually park my car in it.) Ready or not, it looks like winter will be here VERY soon (there is possible snow forecasted for the Burlington area this Saturday)!

A couple of weeks ago I shared some tips how you can lower your heating costs this winter (to read that post click here), but I thought it would also be helpful to share some tips on how to prepare the exterior of your home and yard for the fast-approaching cold weather months. (You know...all of those enthralling chores like cleaning your gutters and turing off the water supply to your outdoor spigots.) Here are 10 Essential Tasks for Preparing Your Yard for Winter, from the blog CasaSugar.

I hope you find this helpful! Get out and enjoy the outdoors these last couple of weeks before the cold REALLY sets in!

-Jamie Wright, REALTOR
Jamie@BurlingtonVermontHomes.com
(802)846-9530

photo credit: casasugar.com