Colchester Vermont Market Snapshot
August 12, 2010 by John Abry · Leave a Comment
What’s going on with Colchester real estate? Following are real estate statistics for Colchester Vermont as of 08.12.10: Single Family Homes for sale: 96 Average List Price: $469,751 Currently Under Deposit: 10 Sold Year to Date: 50 Average Sale Price: $306,885 Average Days on Market: 93 Recent Colchester Single Family Home sales: 419 Windemere [...]
It’s July 1st – How Did The Housing Experts Fare On Their 2010 Predictions?
July 1, 2010 by John Abry · Leave a Comment
As 2009 was ending, the “experts” were busy making forecasts about the U.S. economy and what to expect in 2010. Were they right?
Buyers Take The May 2010 New Home Sales Data All The Way To The Bank
June 25, 2010 by BringTheBlog · Leave a Comment
The press is referring to the May New Home Sales report as “poor”. A closer look, however, shows that may not be the case.
Hitwise: remax.com Ranks No. 10 in May
June 23, 2010 by John Abry · Leave a Comment
The May Hitwise Report shows remax.com holding a Top 10 spot for the third-consecutive month. Many competing real estate franchise websites dropped significantly in the rankings, such as Keller Williams, which fell 12 spots to 75. RE/MAX appears three times on the top 30 list of real estate-related search terms, ranking No. 5 ahead of “houses for sale” and “homes for sale.” Also [...]
Home Buyer Tax Credit Closings Extended To October 1
June 22, 2010 by John Abry · Leave a Comment
Senator Patrick Leahy’s office has announced that the deadline for closings for those who took advantage of the Home Buyer Tax Credit has been extended until October 1. This would allow only those contracts that were signed before April 30 to have time to close. Commenting on the Senate Vote, Sen. Leahy stated, “The homebuyers [...]
Colchester Vermont Market Snapshot
May 6, 2010 by John Abry · Leave a Comment
What’s going on with real estate? Now that the federal tax credit deadline has passed things should be returning to “normal”. What normal will be should prove to be interesting… Following are real estate statistics for Colchester Vermont as of 05.06.10: Homes for sale: 85 Average List Price: $472,218 Currently Under Deposit: 39 Sold Year [...]
5 Costly Mistakes First Time Buyers Make
May 5, 2010 by John Abry · Leave a Comment
Buying a first home can be a daunting experience. Here are five common and costly mistakes that novice home buyers make: Ignoring the costs of having a low credit score. Lower-score borrowers pay thousands of dollars in increased interest rates over the life of the loan. Muddying the waters by shopping for other things before [...]
Only 1 Month Left to Qualify… Don’t Miss Out on the Tax Credit!
March 29, 2010 by John Abry · Leave a Comment
For those who might be on the fence about taking advantage of the federal home buyers tax credit: Last November, the government expanded and extended the new Homebuyers Tax Credit. According to the program, first-time homebuyers are eligible for a tax credit of 10% of the purchase price of the home, with a maximum credit [...]
Waiting to purchase a home could cost you thousands more this spring
February 1, 2010 by John Abry · Leave a Comment
Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the Federal Housing Authority (FHA). Coming just weeks before the April 30 deadline for the Home Buyer Tax Credit [...]
FHA Lending Policies Changing Again
January 25, 2010 by John Abry · Leave a Comment
Mortgage rules and guidelines continue to change almost daily. The following FHA announcement was just emailed to me by mortgage broker Rose Marie Ryea at Mortgage Financial Services. New Lending Policies Announced by FHA If you were listening to the housing news last week, you probably heard a number of reports about lending changes that [...]
