Has the economic bubble hit Vermont Real Estate?
The price category under $350,000 is active – not great – but active. And the homes over $550,000 are having a tough time. Buyers just keep waiting. And of course – the banks are toughon lending. But why don’t buyers simply write up offers? I don’t get it…..give it a try – sellers are anxious and it is a GREAT time to buy. The Bubble has not hit us – thanks to conservative building policies in Vermont. But sales are down by 20% in Chittenden County and sellers MUST be prudent about their list price if they want to sell in a timely fashion. BUT – Buyers – “go for it” – Trade and throw out some offers – you would be surprised – sellers will negotiate – they want to sell!!!
