How to Capitalize on the Real Estate Rebound in Stowe, VT
After the American economy tanked in 2008, it sent the real estate industry reeling with over-inflated debt and depressed sales. Then in 2010, the real estate market in Stowe, Vermont turned that dark corner and began a historic rebound. Five years on, the rebound shows no sign of slowing down in this premier ski destination, … Read More
Posted onStowe homes sales solid through the first quarter
Now that the first quarter has wrapped up, we thought we should take some time and review what is happening in our market. The first quarter has historically been the slowest quarter in the number of units sold, not just in Stowe but in Lamoille county in general. This year’s first quarter sales numbers are … Read More
Posted onStowe Luxury Real Estate Trends
There was a recent article in the Stowe Reporter that claims “Million-dollar homes sell at sluggish pace.” We here at Pall Spera Company Realtors, the leader in listings at or above one million dollars in Stowe, Vermont, have a different take on the current market of properties listed at a million dollars and above. We … Read More
Posted onHow Will The Airport Grants Affect Stowe’s Real Estate Market?
The Obama administration and the Federal Aviation Administration have partnered to create a grant program that benefits the Stowe real estate market. These grants, known as the Airport Improvement Program (AIP), help make public airports more accessible so that they thrive and benefit its surrounding community. This stewardship of our local airports boosts Vermont real … Read More
Posted onIs This the Time to Take the Leap?
If you have good credit and a modest down payment, this just may be the best time in history to buy a house in Vermont. For the past two years or so, mortgage rates have been the lowest they have ever been—in history—and rates under 4% for a 30-year mortgage are currently the norm rather … Read More
Posted onWhat Do I Know About Real Estate Anyway?!
Michael Jackson sings “I’m a lover, not a fighter”? Well, I’m a writer, not a Real Estate agent! Several years ago, my husband and I decided to build a new home closer to his work. We took friends’ advice and embarked on this mission, which included selling our current residence, with the notion that we … Read More
Posted onOn The Rise
The current Real Estate market has been compared to popcorn. Alison Barges, of Prudential Realty Mart, in Burlington, made this observation, adding that one did not know what is going to pop. Imagine a Jiffy Pop bag in the microwave. What actually happens is a moment of silence, followed by a dynamic burst of kernel … Read More
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