nvbr

NVBR Charity Golf Tournament – June 8

Join us for a day of fun and a chance to make a difference in our community! NVBR will host a Charity Golf Tournament on June 8 a the Kwiniaska Golf Course in Shelburne! This is a scramble format with a shotgun start at 9am. Proceeds from the tournament will support NVBR’s Charitable Giving Program. Sponsorships opportunities are available! Contact …

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Realtor® Open Houses: April 19

MLS #: 4682075 $699,900 Time: 11am-1pm Street Address: 77 Saxon Hill Road, Essex Incentive: Lunch & $50 Gift Card Drawing Agent Name: Debby Hanley Map ItMLS #: 4680117 $399,999 Time: 11am-1pm Street Address: 116 Birch Lane, St Albans Special Features: Come see this beautiful 4 bed, 3 1/2 bath home! The home features an attached garage, open living area, and …

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Debt-to-Income Ratios Rising Among Buyers

About one in five conventional mortgage loans issued this winter went to borrowers who spent more than 45 percent of their monthly incomes on their mortgage payment and other debts. This is the highest proportion since the housing crisis, according to CoreLogic, a real estate data firm. Further, that is nearly triple the proportion of such loans issued in 2016 …

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Do Consumers Think That Now is a Good Time to Buy?

New consumer findings from the National Association of Realtors® surprisingly show that while a growing share of households in the first three months of the year feel more confident about the economy and their financial situation, those positive feelings are not translating to positive views that now is a good time to buy a home. That’s according to NAR’s first …

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Home Buyers are Blowing Their Budgets

A recent survey found that buyers are spending more on their home purchase than they intended. A third of homeowners recently surveyed say that they blew through the upper limit of their home purchase budget by an average of $16,510, according to a new survey released by Owners.com of 1,214 Americans who purchased a home in the last four years. A …

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YPN Paint & Sip Realtor Mixer

The YPN March Paint and Sip Mixer was a huge success! Thanks to everyone who joined us for an evening of fun, great food and drinks and a little painting as well!                       Thanks again to our sponsors!

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OUCH: Young Adults Feel Crushed By Rate, Price Hikes

The rising cost of purchasing a home is finally sinking in for home buyers and changing their house hunt, particularly for millennials. Seventy-nine percent of all consumer age groups recently surveyed say that rising interest rates will impact their home search, while 83 percent say that increasing home prices will impact theirs, according to a new online survey released by realtor.com® of …

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Realtor® Open Houses: April 12

MLS #: 4678318 $949,000 Time: 11:30am-2pm Street Address: 239 Apple Ridge, Hinesburg Special Features: Connor built reproduction farmhouse with 17.8 acres and views Incentive: homemade soup Agent Name: Diane Armstrong Map ItMLS #: 4685032 $715,000 Time: 11am-2pm Street Address: 284 Dynamite Hill Road, Hinesburg Incentive: Lunch will be provided! Agent Name: Jordan Thomas Map ItMLS #: 4682791 $2,150,000 Time: 11am-1pm …

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Realtor® Open Houses: April 5

MLS #: 4605997 $389,900 Time: 11am-1pm Street Address: 9 Ally’s Run, South Burlington Agent Name: Rich Gardner Map ItMLS #: 4683054 $494,900 Time: 12-2pm Street Address: 199 Preserve Road, South Burlington Special Features: Visit new one level home that can be completed with buyers’ options for June move in. Hardwood floors, open concept. Incentive: Lunch Agent Name: Robin Hall Map …

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NVBR Charitable Giving Program Selects 2018 Charities

The NVBR Community Service Committee has selected its 2018 charitable organizations. Thanks to all NVBR members who submitted applications requesting support for local charities. Each year, NVBR and its members give back to the community through financial contributions and volunteer time.  Over the past several years, through the fundraising efforts of our members, NVBR has been able to donate to non-profit …

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Home Buyer and Seller Generational Trends

Since 2013, the National Association of REALTORS® has been writing the Home Buyers and Sellers Generational Trends Report. This report provides insights into differences and similarities across generations of home buyers and home sellers. The home buyer and seller data is taken from the annual Profile of Home Buyers and Sellers. (SEE INFOGRAPHIC BELOW) Millennials are the largest share of …

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Will Buyers Lose if They Don’t Act Now?

Rising mortgage rates could have a big impact on the direction your buyers choose when shopping for real estate, economists warn. “Every time the interest rates go up, you eliminate a group of people who can no longer afford to buy a house,” Don Frommeyer, a mortgage broker at Marine Bank in Indianapolis, told realtor.com®. “Some people may have to rent …

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