Wednesday, November 9, 2022 / by Brian Armstrong
As we approach winter and the holiday season, you may be looking for a change of scenery and be in the market for a new home! While many others choose to buy in the spring, you may have an advantage in buying during the holiday season! Read on as we unwrap why the holidays are a great time to purchase a home!
Beat the Heat
As we mentioned before, many buyers prefer warmer weather when it comes to home shopping. Spring and summer are some of the busiest months for real estate, while fall and winters always see a slowdown. If you have been keeping up to date with the Vermont real estate market, we have seen quite a bit of bidding wars for homes. During the holiday season, there tend to be fewer buyers in the market, leaving you more opportunities to land your dream home!
Something about the holiday season brings a whole new energy into the mix. Maybe it's the lights, the decor, or more time with those close to us, but that positive mood can help smooth over deals as th; ...
Thursday, October 27, 2022 / by Brian Armstrong
Vermont, am I right? Boasting four beautiful seasons, historical roots, and gorgeous landscapes, the home of Ben & Jerry's, the list of Vermont's amenities goes on and on! If you're a local, you probably can't name the many reasons you have fallen in love with the area! However, for those new to the Green Mountain state, here are a few reasons why Vermont is a great place to live!
Our Little Corner
Many of us are lucky to live in this beautiful little state with plenty of quirks! Housing just over 600,000 residents, Vermont comes in as the second least populated state in the US. Locals have created tight-knit communities and have worked hard to preserve their foundations. Are you tired of major city traffic jams? Vermont may be the place for you! Things still do get a little cramped from time to time, especially for Fall foliage and fresh powder slopes, but that's because Vermont has so much to offer!
If you have ever ventured into Vermont, you may have noticm ...
Thursday, September 8, 2022 / by Brian Armstrong
President Biden has officially announced his student loan relief plan to help middle-class federal student loan borrowers get back on track to resume payments come the new year. Borrowers earning less than $125,000 will see debt relief to the tune of $10,000, and Pel Grant recipients will be eligible for up to $20,000 in relief! This is major news for young professionals who are struggling to make ends meet. So how does this affect the U.S. economy as a whole?
Money To Make Purchases
Many borrowers struggling with debt have not had the opportunity to attribute funds toward real estate, cars, and other larger asset purchases. Nearly half of borrowers, about 20 million people, will have their student debt fully canceled, which will open up opportunities for those individuals to invest that capital back into the economy. While some borrowers will still not be in the financial position to make a purchase, others who were planning to buy a home and were not quite there may be able to affo. ...
Thursday, August 4, 2022 / by Brian Armstrong
If you have been looking for a home, considering buying property, or just watching the news over the past two years, you have probably heard about the wild and wacky real estate market. Home prices skyrocketed, homes sold moments after listing, and bidding wars dominated the market nationwide. Where does that leave us today? Is now a good time to buy? Please note we are not financial experts, so please consult with a financial institute before making a home purchase. However, we want to help you understand what is happening in the Vermont real estate market so you can make educated decisions!
The Economic Slowdown
As you may well know, the US economy has experienced significant volatility in 2022. This volatility penetrated the Real estate market as indicators showed recessionary activity. Inflation rose quickly to over 9%, thus driving the Federal Reserve to increase the rates for borrowing. These actions caused consumers to borrow less money and ultimately spend less overall.. ...
Thursday, July 28, 2022 / by Brian Armstrong
Buying a home is typically one of the most valuable asset purchases we make in the US. Budgeting for a new home can be challenging but learning how to manage your spending habits will help pave the path toward homeownership! As you get started, it is important to think about your goals and the personal habits you want to keep. Budgeting for a home is often a balance of tradeoffs, and only you can determine your ideal situation. In this article, we will dive into the best steps to take if you are looking to budget for a home purchase! Please keep in mind we are not financial advisors, and you should always speak to a lawyer or financial advisor prior to making a home purchase.
Build A Monthly Budget
One of the first steps of budgeting for a new home is building out a monthly budget. This will help you stay on track with your goals and allow you to see how all of your dollars add up each month. To get started, take a close look at your most recent financials to understand your ! ...