While the freezing temperatures might be the talk of this week it is the warming real estate market that has local Realtors® buzzing. Here at Vermont Properties we are seeing a dramatic increase in the number of inquiries coming into our office. Armed with smartphone apps buyers know the inventory, price changes and days on market with a touch of the screen.
Nationally headlines talk of rising home sales and the decrease in foreclosures and short sales. This is great news! Here in Vermont we were slow to get hit with the downward market trend but it appears Vermont real estate is right on track to follow the upswing in the market.
When you live and sell real estate at the base of Okemo Mountain there is no denying that snow sells! While it is still a buyer's market in most segments of our inventory base, don't overlook that there is a definite decrease in available lake homes and larger ski in/out condominiums and a noticeable increase in demand.
As a smart consumer, you've probably been watching this market closely waiting for the best price on the right property. As experienced Realtors®, we believe the time to buy is now!