Charlotte real estate: it’s all about timing

Charlotte real estate: it’s all about timing

Have you heard the rumors? People from California are buying houses over FaceTime! New Yorkers want to get away from another winter on lockdown—they’re buying places cash, sight unseen, for over asking price! Charlotte is the new Boston! There are no houses to buy in town because everything is going in a week with multiple offers! Are the rumors true?

A new booze-ness venture for the Old Brick Store

A new booze-ness venture for the Old Brick Store

There will be no more last-minute panic for Charlotters who get all the way home and realize they don’t have any vodka in the house—or is that just me? The Old Brick Store debuted a selection of spirits this week after they received final approval and inspection for the state of Vermont to operate as a licensed liquor outlet.

Looking to buy a home?  Make sure to get pre-approved first

Looking to buy a home? Make sure to get pre-approved first

The pre-approval or pre-qualification process is one of the most crucial parts of purchasing a home and yet it seems to be the part many buyers are most hesitant about. What I haven’t determined is why they don’t want to see what they can be approved for but want to see houses they potentially can’t afford.

Spears’ property under contract

Spears’ property under contract

Peter Carreiro, owner of Rise ‘n Shine, a grocery delivery service based in Charlotte and serving eleven local communities, is poised to take ownership of the Spears family property on the corner of Route 7 and Church Hill Road. “We are currently under contract with plans to close in January,” says Carreiro. “Soon after we will begin the process of un-developing the space.”

A strong real estate market in Charlotte

The real estate market remains strong in Charlotte and the Greater Burlington area. Zillow estimates that homes sold more quickly in 2017 than ever before, and 2018 is on pace to beat 2017. In the period from January through May there have been 48 more homes pending and closed in Chittenden County than in the same period during 2017.

Rain, sleet, snow or shine buyers and sellers are ready

Rain, sleet, snow or shine buyers and sellers are ready

espite unfavorable weather for spring the real estate market is warming up with over 420 new listing in Chittenden County alone in the last 60 days—and over half of those are already under contract or closed. The homes that have closed have been selling for on average only $300 under the average asking price.

R.L. Vallee withdraws application for a Maplefields Store off Route 7

R.L. Vallee withdraws application for a Maplefields Store off Route 7

Engineers for the proposed Maplefields off Route 7, Ferry and Church Hill Roads wrote to Zoning Board Chair, Frank Tenney, saying that due to comments by the Vermont Agency of Transportation (VTrans) concerning cross-traffic turns into and out of the proposed location, they and R.L. Vallee, Inc. are withdrawing their proposal for a Maplefields Store.

House or Condo? Which would best suit your needs?

House or Condo? Which would best suit your needs?

When buying a house or condo buyers are typically focused on the down payment and what their mortgage payment will be when all is said and done. That payment also might include a homeowner’s or road maintenance fee. This amount can be a little alarming at first and can range in price, depending on the association and what it covers. Some people love it, and some people hate it, but with or without it you’ll have to pay for the costs either way. There are three types of home maintenance situations: day-to-day, yearly and disaster.