Thursday, May 26, 2022 / by Brian Armstrong
If you have been watching the news over the past several weeks, you have likely seen analysts discussing inflation and interest rates. Both mechanisms have a strong pull on the U.S. economy, and if you are looking to buy or sell real estate, understanding what the numbers are indicating is key. Read on as we dive into what is happening with our current economy and what impacts Vermonters (or future Vermonters) will face! Please keep in mind we are not financial advisors, and you should always speak to a finance professional before making any decisions to understand the appropriate solution(s) specific to you.
The Inflating Economy
Over the last year, we have seen a tremendous rise in inflation. Inflation, in simple terms, is a year-over-year calculation of everyday goods like food, gas, electricity, etc. In the past 12 months, we have seen a huge jump coming to a whopping 8.3% increase. With the cost of living rising across the U.S., homebuyers feel the effects in their pockets. ; ...
Thursday, April 7, 2022 / by Brian Armstrong
Owning a home is a wonderful milestone and an investment in your future! Your home purchase is likely to be one of the largest investments you will make in your life, and just like any other investment, you must protect it. If you properly maintain your home, you may find you can live in it for several decades and still sell it for more than you originally paid! When you buy a new car, it will most likely depreciate the moment you drive it off the dealer's lot. On the flip side, when you purchase a new home, it will likely retain value for years if its condition is maintained. In this article, we will outline the best ways to protect your home, so you maximize the value of your investment in the future!
Make Preventative Maintenance a Priority
Owning a home means you are the "landlord", which comes with the responsibility of upkeep and maintaining the property. The first step towards keeping your home in tip-top shape is creating a maintenance schedule. Outline all the majo; ...
Thursday, March 31, 2022 / by Brian Armstrong
Life is full of changes, and where you live today may not be the right fit for you in the near future. If you are preparing to put your home on the market, but are unsure if you should hire an agent, that’s ok! We meet and chat with Vermonters every day, and you are not the only one who is contemplating this. In short, can you sell a home on your own without an agent? Yes, however, you may miss out on maximizing the value of your home sale. Below we outline how leveraging the skills and knowledge of an experienced real estate agent can help you find more success when selling your home.
Is My Pricing Right?
One of the most crucial mistakes we see homeowners make when trying to sell their own homes is pricing their property correctly. Setting an accurate price from the get-go is essential to a quick and profitable sale. Many homeowners will overprice their property, which tends to lower the number of potential buyers and lengthen the time the property sits on the ; ...
Wednesday, March 16, 2022 / by Brian Armstrong
Buying your first or next home is a major step in life, and after you’ve closed on your new digs it may feel like you’ve finally won the race and can take a breather! While you may now be the proud owner of a new home, the process is not over quite yet. You still have a few more steps to go to get your home ready for living!
Put New Locks on Your Home
Changing the locks on your home may seem like an obvious step, but many new homeowners forget this stage. Since you do not know who has access to the house via the old locks, it is crucial to have your entrances re-keyed for safety and peace of mind. To exchange your locks, you can purchase DIY kits or call a locksmith to come out and replace your locks. For older homes, you may consider hiring a professional as the building standards for locks have changed, which can cause challenges during installation.
Hook Up All Utilities
When the homeowners leave the premises, they will shut off util; ...
Thursday, March 3, 2022 / by Brian Armstrong
Ready to sell your home this spring? As the temperatures warm up in the Green Mountain State, you are not alone. Spring is one of the most common times of year for a homeowner to put their home up for sale, so it is essential to make sure your property is competitive against others coming to market. Throughout the process, there will be a variety of decisions for you to make, which will ultimately determine if you have a successful and profitable sale. Below we outline the top 5 mistakes you should avoid when selling your home!
Selling The Home "For Sale By Owner"
Many homeowners believe that they can save money selling their homes without a real estate agent. Sellers that hire an agent commonly pay about 6% of the sale to the agent for helping them close their deal from start to finish. While this may sound like a large chunk of the sale, the added value of having a knowledgeable agent can help sellers achieve higher offers and fewer days on the market by bringing in qualified b; ...