The housing market continues to be dynamic. While inventory levels remained low, the remote work trend had enabled greater mobility in the marketplace as buyers were able to relocate from more populous urban areas. Our market in Vermont has observed an increase in out-of-state buyers, which [...]

It's May, but the spring homebuying season has yet to bloom. At this point, there is a possibility that it may not happen at all. As we progress through this season, buyers and sellers are still in a stalemate. The ongoing problem is lack of inventory. With tight inventory in the housing market, prices have remained high, which in turn has [...]

Since the second half of last year, real estate headlines seem to have done more to terrify than clarify, leaving consumers uncertain and cautious. We’ve seen questions around interest rates, inventory, and drops in home prices, all of which have led to buyers and sellers reconsidering their plans. However, this winter we saw buyers [...]

Buyer activity is certainly picking up in Vermont. The start of 2023 saw a lot of prospective buyers returning to the market due to declining mortgage rates. As that rush of activity has leveled off, we have seen sale prices respond with a continuation of their downward slide. There are mixed views as to how much more home prices will [...]

Winter is here, but there are signs of thaw in the housing market. Across Vermont, we are seeing buyer activity increase. As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. Now, however, rates are beginning to level out, bringing [...]

After a rather tumultuous year, we head into 2023 with cautious anticipation. Anyone hoping to buy or sell a home in the new year likely has a lot of apprehension over what awaits in 2023. By and large, last year brought many abrupt changes to the real estate market - mortgage rates rose at a fast clip, bidding wars cooled, home inspections [...]

Since the pandemic began, housing prices have gone up, home shortages have increased and interest rates have risen. Some changes have been intentional, like the Fed combating inflation with raised rates, but others have been outside the realm of predictability. As we near the end of 2022, some of these pandemic-driven factors that created [...]

In the Northeast, it comes as no surprise that seasonality plays a significant role in our housing market as it impacts housing demand and supply. Historically, summer has always been a frenzy with transactions and prices, while activity starts to slow down heading into the holidays. This season is no exception. We were still seeing decent [...]