Uncategorized

Best Local Raveis Spots to Beat the Summer Heat

  • By
  • Posted

With temperatures at an all-time high, heat lightning & thunderstorms abound & steamy commutes to and from work, we need a place to beat the heat! We’ve teamed up with nine of our local experts in each of the states William Raveis Real Estate occupies to bring you the best places to relax and cool down for the remainder of the summer.

Kathy Burns, one of our top agents in Ludlow, Vermont tells us exactly how she relaxes after work on summer weekends.  “Buttermilk Falls is a series of waterfalls and swimming holes attached to the Branch Brook which is part of the Vermont Department of Forests, Parks and Recreation.  I go with my husband and two daughters to swim in the fresh pools to cool off during the heat.”

To read about the other places to beat the heat check out the rest of the Raveis Blog

Buttermilk Falls, Ludlow Vermont

Comedy Night 2016!!! Join us on Okemo Mountain

Join us on Saturday February 20, 2016 for Comedy Night.

Steve Sweeney, legendary Boston comedian is coming to Okemo Mountain for this year's comedy night.

 

Well known for appearing in films such as "There's Something about Mary" and "Me, Myself & Irene", Steve has also performed at the famous Ding Ho Comedy Club with Lenny Clarke, Dennis Leary and Jay Leno. Steve uses his famous Boston characters to point out the absurdity of life and human nature. Something we can all laugh at!

 

Always a sell-out show, tickets can be purchased in advance for $25 at Vermont Properties, Okemo Mountain, Okemo's Jackson Gore and The Wine & Cheese Depot.  If still available, tickets may be purchased at the door for $28.  Doors open at 7:00 p.m. Show begins at 8:00 p.m.  Appropriate for ages 21 and over.

 

This year's proceeds for the show will benefit OMARA, Okemo Mountain Alpine Race Association. (OMARA). OMARA is a non-profit booster club founded to support the young athletes, families and coaches of Okemo Competition Programs and Okemo Mountain School. Vermont Properties & Development has been a proud supporter of OMARA for many years.

 

This yearly event is sponsored by Vermont Properties and Development, Inc.

Thank you to Okemo Mountain Resort for once again providing the venue.

 

Join us in the great room at the Okemo Clock Tower base lodge.

Get your tickets quickly; this event will sell out again this year.

 

For more information, please call Vermont Properties and Development, Inc. at 802-228-8877 or visit our web site to see all Upcoming Events.

See you there!!

Vermont Properties - We can 802-YOU!

Vermont is one of only a dozen US states left, boasting a single area code for both landlines and cell phones; this original area code was established in 1947.

Almost 70 years later these 3 simple digits have become a viral marketing brand. People who live in Vermont need no explanation and folks who are from elsewhere are usually intrigued by its meaning and simplicity... 802 is the new "ILOVEVERMONT".

With near iconic status, eight-o-two has become a mantra for the locals. With everything from tattoos and clothing to an unofficial "State song" 802 can be found most anywhere and on anything.

802 may draw its brand equity from the  aspects of Vermont with which people want to be associated: young, hip, outdoorsy, and edgy.  But for the locals, these three numbers have become an identity; giving us a feeling that we belong to something bigger than ourselves and an opportunity to display our pride for this unique and authentic state.

Come to Vermont and see what 802 inspires within you. If you decide you want to spend more time with us, call Vermont Properties and Development, we can find you a perfect home. Vermont Properties, we can 802-YOU!

802

Right Time for First Time Home Buyers

As we watch the economy rebound, real estate sales have been a strong indicator of overall economic health.

As we anticipated, fast, cash only sales are declining. As the real estate market improves and inventory declines we are poised for rising home prices just as interest rates are increasing. With this in mind it may start to look like you could be priced out of the housing market. However, some believe now is the perfect opportunity for first time buyers to get their foot in the door before the end of 2014.

Home prices are still off their high

Home prices are rising, but considering how far they fell in 2008 there is still some great deals to be had. According to the S&P/Case-Shiller Home Price Index, average U.S. home prices are currently at summer 2004 levels.

As the economy improves, first time home buyers will likely see significant appreciation in the years to come if they are able to get in now before both prices and rates increase.

Interest rates are expected to keep rising

Although interest rates are still very low, they are rising. Some experts believe that rates could reach 5% by the end of 2014. A percentage point here and there may not seem like a lot but even a small bump in interest rates can mean a significant jump in your monthly payment.

A good example: consider a $400,000 mortgage at 4.2%. You will pay about $300,000 in interest on a 30-year mortgage. Increase that by a mere .7% (4.9%) and your overall payback increases by more than $60,000 over 30 years, that is more than $360,000 in interest alone!

Rental costs are also rising

This is where the first time home buyers need to really think about the costs of home ownership. While there are compelling reasons to rent rather than buy, these reasons are usually personal in nature, i.e. you move around a lot, your job location changes, etc. A good rule of thumb when you feel like it is time to put down roots is to consider the price/rent ratio, your buying power and the local housing market.

Overall, you should look at your personal finances and really consider if buying is right for you. It may not be, but consider that experts believe that it is unlikely the housing market will be as appealing next year. Interest rates and home prices are both likely to be considerably higher and you may indeed find yourself priced out of the market in more ways than one.

If the time is right for you to buy a home Vermont Properties can help you find your home on or off Okemo Mountain, in the Lakes Region and the Okemo Valley. Stop by and say hi!

sign with flowers

A fresh coat of paint! A fresh look for your home

Thinking about selling your house? Paint your house! Your Realtor ® can be a trusted advisor, suggesting any changes that you should make to sell your home.

What is the one thing 94% of all real estate agents agree will help sell a house? A fresh coat of paint! Sellers who invest in an interior paint job may find their homes are on the market for a shorter time and may get higher offers. It sounds easy enough but careful consideration of colors is important. Remember, you are not painting to suit your taste. Rather, finding colors that appeal to the broadest array of buyers is key!

Buyers need to mentally "move in" to your home. Depending on the impression you want to give, consider the following information.

Enlarge a space

Cool colors reflect light and can appear to recede, enlarging small areas. A monochromatic color scheme can also make a space feel larger. To really create a feeling of spaciousness in a room, choose a soft blue, spa like green or cool gray.

Create calm

Organic shades of green, brown and blue elicit a positive response from most people and are a great choice for personal spaces, like bedrooms. They're neutral to live with and aren't likely to result in a "Get me out of here!" reaction during home showings.

Embrace intimacy

Warm colors, like sandy beiges, rich browns and muted reds or plums, will give a cavernous space a sense of intimacy. These cozy colors work well with wood floors, bronze finishes and some period.

Highlight a feature

Create an accent wall to highlight a special feature - like a fireplace or built-in bookshelves - but don't overdo it. Avoid choosing a bright or dramatic color. Instead, select a color that is 2 or 3 shades lighter or darker than the one on adjoining walls.

Camouflage the unwanted

Paint heater vents and other unavoidable fixtures the same color as the walls to minimize distractions - they should not be the first things buyers spot when they visit your home.

What colors get the most favorable reactions? Depends on the room.

Kitchens should invite you in

In the kitchen it's good to stay in the orange, red and yellow families. These work well because they're food related, but it's important to still make them soft, appealing and neutral.

Bathrooms can be tricky

Bathrooms tend to be smaller so keep it light colored. Keep it in the light yellows or tans. Perhaps you can pick up colors from the tile floors. A favorite color idea is the "spa" colors like muted greens and lavenders. You can always use accessories or soaps to give it a pop of color.

Bedrooms are your haven

Ahh, the sanctuary of the house; especially important to stay away from bright colors. Choosing something neutral in tone that will work with the flooring and flow in to the master bath. You do not have to match the master bath but do keep them coordinated. You want people to have a sense of flow.

Home Offices should be cozy

For all us "old school" people who like the traditional colors. This is the space. In the home office warmer, richer colors are welcomed. People often expect an office to be painted with cinnamon, dark brown or even dark blue. These colors make the space an area to work and relax and impart comfort in the familiar.

The color to avoid may surprisepaint cans

What color should you avoid? Seems like this is an easy one but most people don't even consider it.   Surprisingly, white is the color to avoid. Many people will paint everything white thinking it is neutral; in fact it is a bright color.

 

 

Decisions about paint colors can seem overwhelming. Just stick to a few solid rules and stay away from trends and you will be fine. Select muted colors for the most universal appeal. Avoid dramatic darks or brights that may cause buyers to react negatively. And of course, avoid white, the brightest color of them all! Choose a warmer or cooler tint instead.

Happy painting!

Real Estate Sales a Good Indicator of a Recovering Economy

It is difficult to keep track of the recovering economy and all the factors that come in to play. One clear indicator of our economic state is real estate sales. Quite often the state of real estate sales are a clear indicator of an economy's strength (or weakness). Sales have been strong across the board with the northeast leading the way. A report in May shows that buyers swarmed builder lots allowing the real estate market to experience the biggest gain of new home sales in 22 years.

While demand for new homes climbed in all four regions of the country, the Northeast led these sales with a 54.5% jump. Sales of existing homes also increased by their largest gain in three years, up by 4.9%

Growing demand for new homes will give a much-needed boost to the construction industry, which in turn will boost economic expansion.

"Confidence is percolating up through the economy, making people reach for big purchases like new homes," said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York,"

As confidence in the economy increases, potential buyers finally feel as if they are in a position for long-term stability. This feeling of economic stability coupled with still low interest loans and slow home price increases continue to support home ownership affordability.

This frenetic pace has been felt here at Vermont Properties and Development. The traditional "slower season" did not materialize this year and we expect to remain just as busy. We have both the staff and  listings of existing homes and building lots both on and off the Mountain. We can meet your needs in the Okemo Valley on Okemo Mountain and in the Lakes Region.

Check out our website for details. Or stop by our office at 29 Locust Hill Rd in Ludlow, VT. We are across from the Okemo Golf Club.

good office pic summer small

Okemo Ridge-Privacy on Okemo Mountain

As we round out  a spectacular season in the Ludlow/Okemo area let's take a look at the other condo complexes on Okemo Mountain.

Okemo Ridge and other mountain condo complexes

Consisting of two private homes and two duplex homes tucked in the woods, Okemo Ridge sits just a few steps away from the Kettlebrook trail.  These homes have dramatic stone fireplaces and unique architecture, fitting perfectly in this year round mountainous setting.  Enjoy the privacy of a single family home or townhouse in the secluded area of Okemo Ridge, one of Okemo's favorites.

OYukon Kornelius Okemo Mountain Resortkemo offers several other complexes that are not direct ski on ski off.  Many of these mountain communities are serviced by the Okemo Mountain shuttle system. These include Westwoods, Okemo Village, Alpen Meadows, Alpine South and many more.

Check out our Condo Guide  and map for an overall picture of the mountain layout. We are here to answer any questions you might have and are available 7 days a week when you are ready to look at properties on or off Okemo Mountain.

"You never get a second chance to make a good first impression"...Will Rogers

While sellers can count on the importance of "location, location, location" one of the most important features is a good first impression when it comes to selling their home. When real estate sales were booming here at Okemo, buyers were scooping up properties regardless of condition. Inventory was much lower and buyers needed to move fast when the right property came on the market.

Fast forward and it is a new day!  The Okemo real estate market is improving and we see buyers returning to the market, but they are no longer grabbing up properties regardless of condition. There is still some sense of urgency due to rising interest rates; however, it has never been more important for sellers to put their best foot forward in terms of preparing a clean, well maintained and inviting home.

As a Real Estate Professional, I have seen sellers drop prices, offer selling bonuses and look for other creative ways to get the property sold. But remember, you never get a second chance to make a good first impression! Pay attention to buyer's feedback, this is gold.

If your real estate agent isn't making suggestions on what you need to do to get your home ready to sell, ask and then....act!

Whether your property is a winter vacation ski home or a primary year round residence it should be dressed to impress in any season. Cut the grass, paint he door, clean the closets, stain the deck... money spent upfront will help grab that buyer the first time through and stand out against the competition.  Just as looks aren't everything....neither is price.

2front porch

Vermont Properties and Development, Inc Check out our new website

Now that a particularly busy spring is winding down, we would like to take the opportunity to tell you about our new Vermont Properties' website and blog.

The new site provides us with enhanced tools to market properties as well as the ability for consumers who register to set up an account and enter property criteria and track the market activity.  Not only will consumers have our in-house listing information but the entire MLS is accessible from the Vermont Properties site!

Some of the features and tools available once an account is set up:

  • Keep an eye on favorite listings by saving them to their account
  • Receive email alerts the moment a listing matching their criteria hits the market
  • As goals change,  consumers can refine searches with the touch of a button

Our blog provides timely information about our real estate market for both buyers and sellers. Join the conversation or send us topics you would like to hear more about.

We invite you to take a look at both the new website and become a follower of our blog.

 

 

 

Vermont Properties and Development Brought the house down.... in this case the office!

Big changes are underway here at Vermont Properties and Development.  Our late 1800s building is under renovation.  We are all excited about our new space and know that we will be able to service our clientele even better with our new conference room and reception area.

If you are in town, stop by 29 Locust Hill Road at the base of Okemo Mountain and check out the progress through the summer. There will be no changes to our office hours or availability while under construction.  We will maintain all aspects of our services without interruption.

Check our blog often to watch our progress. We will keep you posted so stay tuned and watch the progress with our photo documentation!

demo4 - web

 

demo2- web