Around Town with the Town Manager #5
July 10, 2010 by Al · Leave a Comment
As promised in my last column, this column will be the first of many on “TIF’s” – Tax Increment Financing. Co-writing this column is Kimberly Murray, the Town’s Director of Economic and Community Development. She is the Town’s expert on Tax Increment Financing. I could not write this column on this subject without her help. [...]
Pending home sales on a record roll
September 29, 2009 by John Abry · Leave a Comment
Contract activity for pending home sales nationally has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®.The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a [...]
09.05.09 – Here’s what’s happening in real estate in Chittenden County
September 2, 2009 by John Abry · Leave a Comment
The real estate market activity during this past month is bustling. Our office has had two near record months in a row. First time home buyers are still leading the charge in an attempt to capitalize on the $8,000 federal tax credit which is due to expire this November 30th. So, if you know of [...]
New Vermont Capital Gains Tax Changes
June 15, 2009 by John Abry · Leave a Comment
This information could prove very important to anyone currently trying to sell property affected by this change: As the 2009 Legislative session came to a close lawmakers in Montpelier made some changes in tax policy that will significantly impact the real estate industry in Vermont. Specifically a change to the capital gains tax. Currently, and [...]
$8,000.00 tax federal credit
April 17, 2009 by John Abry · Leave a Comment
What’s amazing is the number of people who are still not aware of the tax credit. Lots of people don’t understand that this is real money that will either come back to them in the form of a refund or be deducted off the bottom line of their tax bill. Let’s not let this money [...]