Articles Posted in Real Estate

Many Vermont homeowners who closed on their properties in the last 2 years have endured some of the highest interest rates in the past 20 years, when they exceeded 7.5% in late 2023. With rates now declining below 7%, many homeowners are debating whether it is time to refinance their mortgage in the hopes of…

It is well known throughout the State of Vermont that real estate taxes are going up. A combined educational and, in many towns, a municipal tax hike, will likely see taxes rise over 10% in the next tax year. Add to this the soaring values of real estate in Vermont and many homeowners may be…

An Enhanced Life Estate Deed also referred to as a Lady Bird Johnson Deed (courtesy of President Lyndon Johnson) has served an important role in many Vermont landowner’s estate plan for many years. The basic premises of an ELED is to convey property to a third party (often children or grandchildren) that reserves all rights…

The frustration for many propective Vermont homebuyers has become readily apparent as elevated interest rates persevere and the housing supply remains low. The Wall Street Journal has recently reported that 2023 home sales are on track for the slowest year since 2011. Given this trend, those who have been holding off on making an offer…