Have We Hit the Bottom?

Saturday, January 28th, 2012

The weather Gods keep dealing  Stratton A tough deal, snow then rain but Stratton’s expert snow making and grooming teams keep providing great skiing at Stratton.      Our office has gotten busier with showings and contracts are appearing on a regular basis in our updates .  

 Perhaps, the housing market has “Hit the bottom.”   Several of our Buyers believe now is the time to buy before prices start going up.  Lawrence Yun, chief economist for the National Association of Realtors (NAR), says “The pattern of home sales in recent months demonstrates a market in recovery” and buyers are taking advantage of  “record low mortgage interest rates, job growth and bargain home prices.”  the National Association of Realtors reported a 5% increase in home sales in December  over a 1.7 % annual increase in homes sales for 2011 Indicators have shown that the vacation home market is stronger than the primary home market.     Buyers are looking for great deals in locations they want to spend more time in and are recognizing that there are some great deals now.

Several great deals here in the Stratton Mountain resort area are this 5000+ sq ft home, which needs some completion has just relisted $100,000 less that it was previously for sale.   Condos are a particularly great deal now many selling at a 25 % off 3 year ago prices.    Now is a great time to visit Stratton, and look at the many super opportunities there are to purchase real estate..

Spring Time at Stratton – A Great Time to Buy

Thursday, April 15th, 2010

Magic Carpet at Stratton

Spring is coming to Stratton.  The temperatures are warming and the days are definitely getting longer.   Now is a great time to bring the young family out to learn to Ski.  They can start on the Magic Carpet which takes them a short distance up a gentle slope.  Once they have mastered that they can move up to the caterpillar.

Caterpillar Lift at Stratton

If you find that your children are having a great time, then now is a terrific time to look to buy a home or condo.  Condo  and home financing is available and the market in Stratton Homes and Condo Sales has been busy!

According to MLS Statistics, there have been 11 closings and 24 additional pending sales in just the last 3 months and several more are happening now.    Prices in closings have been from $135,000 to $2.2 Million.  Pending sales are from $125,000 to $1,395,000.    This means there is something here for everyone.    There have been some attractive price reductions so people can buy now and enjoy Vermont this summer as well as look forward to next season.   If you want to try the area,  try renting either Stratton short term Rentals or for the Stratton seasonal Rentals.

Black & Blue Bash

Ted and Betsy Cetron of Winhall Real Estate at the bash

The Stratton Foundation Black and Blue Bash was a huge success.  Items auctioned off were fine jewelry, a signed snowboard, Theatre tickets , a villa in France for a week and African safari among other items.    The music had everyone up and it was all for a great cause.   You would not have recognized the Stratton base Lodge.

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