Burlington Vermont Real Estate

UVM Parents Interested in Buying Investment Property in Burlington VT

By Chris Hurd - Burlington Vermont Real Estate

It’s that time of year for mad purchasing for dorm rooms. The have to have’s in what’s hip in the latest clothing. Haircuts. The University Bookstore. Meeting so many new faces, getting settled and all the rest…

Burlington is a great location for purchasing an investment property for your son or daughter and recouping your investment when they graduate. I have worked with parents/families over the years to find just the right property.

Read this recent testimonial: 

“My husband and I live out of state in Connecticut and our son attends the University of Vermont. During our first visit to Burlington Vermont, we fell in love with the area and decided it would be a good place to purchase an investment property. At that time, we knew basically nothing about the area and by sheer luck became connected to Chris Hurd when we Google searched for a realtor who could represent us. Chris was sensitive to our many concerns about purchasing and renting a property from out of state. He realized we needed to proceed cautiously. He quickly understood our wants and needs and found properties that we liked and would require very little maintenance. We did not have time to waste and Chris was very efficient and thorough. Chris is an extremely ethical and responsible person and my husband and I would highly recommend him as your realtor. We found Chris to be a genuine person who filled all our needs and requirements.”  

Stan & Nancy Mikrut - Southbury,  

Read the following recent remark from the National Association of Realtors: 

“VERMONT AT THE TOP OF SALES RECOVERY. NAR Chief Economist Lawrence Yun reported last week at the Annual Leadership Summit in Chicago that Vermont is in the top ten states for sales recovery. “ 

I have lived in the Burlington area for over 29 years. Burlington Vermont is a great community. Full of cultural activities, shopping, great restaurants, nationally recognized educational institutions with all the qualities that only Vermont can offer set on the shores of lovely Lake Champlain. 

Call me at 802.238.5256, email me at Chris@ChrisHurdVT.com with your inquiries about purchasing an investment property in this great city. 

Post your comments at Hurd's The Word.

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Burlington Vermont Real Estate Market Trends Dec. 2007

By Chris Hurd - Burlington VT Real Estate

Based upon information provided by the Northwestern Vermont Board of Realtors (NVBR) as of today for the month of November 2007, there were 14 residential units sold within Burlington Vermont with a total listed volume of $3,764,279. Divide this number by the units sold (14) and you get an average listed price of $268,877. Juxtapose this figure to the actual total sold volume of $3,650,800 then divide this number by the units sold (14) and you come up with an average sold price of $260,771. Are ya’ having an ADD moment yet?

So, “what’s up Chris?” you’re asking. Well, here you are. These numbers produced a list-to-sell variance of $8,106.00 or (drum roll please) a 96.98% list to sell percentage. Average days on the market for these 14 properties was 79.36.

Armed with solid numbers, buyers and sellers alike can manage their expectations and the current realities of our local market.

Call me at 802.238.5256, email me at Chris@ChrisHurdVT.com or post your comments here at Burlington VT Real Estate Blog or by going to my website at Burlington VT Real Estate.

These figures include sold numbers for single family residential real estate in Burlington Vermont only.

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Top Ten List for Burlington Vermont

By Chris Hurd - Burlington VT Real Estate

A purely personal list subject to change (guaranteed!) of my favorite things to do in Burlington Vermont throughout the year:

10. Summer picnic pilgrammage to enjoy a sunset at Waterfront Park on Lake Champlain,

9. A show at the Flynn Theater followed by profiteroles for dessert at the “Trat”,

8. An evening stroll down Church Street,

7. Finding a parking spot,

6. JazzFest in June,

5. First Night,

4. Burlington Bike Path,

3. Coming in by boat to the Community Boat House to hang out on the docks for a sunset, dinner, drinks or all 3,

2. Christmas Lighting Ceremony on Church Street,

1. 4th of July fireworks on the waterfront.

If you would like to add a comment or add your favorite Top Ten list, please do so by posting a comment here at Burlington VT Real Estate Blog or go to my website at Burlington VT Real Estate

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Market Trends for Burlington Vermont Real Estate in Nov. 2007

By Chris Hurd - Burlington VT Real Estate

Based upon information provided by the Northwestern Vermont Board of Realtors (NVBR) as of today for the month of November 2007, there were 16 residential units sold within Burlington Vermont with a total listed volume of $3,709,600. Divide this number by the units sold (16) and you get an average listed price of $231,850. Juxtapose this figure to the actual total sold volume of $3,372,500 then divide this number by the units sold (16) and you come up with an average sold price of $210,781.25. Are ya’ having an ADD moment yet?

So, “what’s up Chris?” you’re asking. Well, here you are. These numbers produced a list-to-sell variance of $21,068.75 or (drum roll please) a 90.9% list to sell percentage. Average days on the market for these 16 properties was 102.75.

Armed with solid numbers, buyers and sellers alike can manage their expectations and the current realities of our local market.

Call me at 802.238.5256, email me at Chris@ChrisHurdVT.com or post your comments here at Burlington VT Real Estate Blog or by going to my website at Burlington VT Real Estate.

These figures include sold numbers for single family residential real estate in Burlington Vermont only.

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