Coldwell Banker Hickok & Boardman recently released our latest
Real Estate Market Report, and for those of us in Vermont, the outlook for 2013 is quite positive! We finished 2012 on a high note: residential home sales in Northwest Vermont jumped 16% over the previous year- well above the overall U.S housing market, which increased sales by about 6% last year.
Vermont is well poised for a strong 2013. VT's existing home sales could jump 15%, with home prices potentially increasing 1-3%, according to Northern Economic Counseling. The National Association of Realtors is projecting an increase of home sales of as much as 8.8% across the U.S.- once again, highlighting the strength of Vermont's Real Estate market :)
LOW interest rates, a strong local economy (thanks to some fantastic local businesses!), and increasing consumer confidence will be key factors in 2013's Real Estate Market.
These are just a couple highlights for the market report, if you want to see how Real Estate in your town is doing, or read the entire report, click
here.
The report is packed with great information- make sure to check it out!
Vermont’s
existing home sales could jump 15% in 2013, with home prices
potentially gaining 1% to 3%, according to Northern Economic
Consulting. - See more at:
http://www.hickokandboardman.com/vermont-market-report/trends.html#sthash.jGooSsNr.dpuf
If you want to check out the newest properties for sale in our area, click
here.
-Jamie Wright, REALTOR
Jamie@HomesBurlingtonVermont.com
(802) 846-9530
