Blog :: 06-2014

Welcome to our blog!

Below you will find information on real estate, our local area, and the community. Please feel free to comment on any posts, we would love to hear what you think! 

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

There is more than one way to get to the top of the Mountain

Ludlow Vermont has earned its reputation as a popular skiing destination, but when the snow melts and the temperatures begin to climb summer takes hold of the Okemo Valley. We begin to look at other activities this area has to offer. From Memorial Day to Labor Day weekend, the Lakes Region is in the center of warm weather fun. From fishing and boating to camping and exploring the various hiking trails in the area. There is something for everyone.

The views are still spectacular but in all their summer splendor. We are called the Green Mountain State for a reason. Don't limit your time with us to the winter season alone.

Okemo Mountain Hiking

Okemo specifically has its own hiking trail network. With easy access from both the base of Okemo and Jackson Gore you will find a couple of ways to get to the top. For the more adventurous, take one of the trails. If a more relaxed pace is what you are looking for there is a 4.5 mile road directly to the summit. Many people find themselves taking the "ski" trails to the top; trading in skis for hiking shoes. Just make sure you are ready for some work!

Okemo Mountain hiking trail signsAnother popular hiking location is the Healdville Trail which winds to the top of Okemo's 3,340 foot summit. Almost 6 miles round trip, you will use the better part of your day.  Features along the trail include a fire tower and several lookouts, which offer a bird's eye view of the local ski area.

There are a couple of vista points along the way. The first will give you a sweeping view of Mount Holly and the Green Mountain chain. Just past the next clearing where the trail merges with a work road you will find the reconditioned fire tower which is open to hikers. This hike is considered to be one of the best and most rewarding. Your reward is finding yourself above Okemo Mountain's 3,340 foot summit for a panoramic view of Vermont's Green Mountains, west to New York's Adirondacks and east to New Hampshire's White Mountains.

The idyllic skyline found at the top of Okemo will soon welcome skiers and snowboarders as they come to make their snowy descents. But for now, come explore the Lakes Region on one of many local trails.

If you hear the fresh mountain air call to you, pitch your tent at one of many campgrounds in the Lakes Region and sleep under the star studded skies of Vermont.

Who knows, after a good night's rest out in the fresh Vermont air, you may even decide to stay! If so, stop by Vermont Properties and Development across from the Okemo Golf Club. We will show you the best homes in the Lake's Region, Okemo Valley and Okemo Mountain.