Category Archives: Real Estate

Featured Listing – 339 Fox Lane, Ludlow, VT 05149 (MLS # 4221754)

A spacious and bright condo in picturesque Ludlow!

339 Fox Lane, Ludlow, VT 05149 (MLS # 4221754)

Price: $249,900

More information for this property:
339 Fox Lane, Ludlow, VT 05149

Type House
Bedrooms 4
Bathrooms 4 full
Square Footage 1,717 sq ft
Lot Size 14,374 sq ft
Year Built 1982
Taxes $4293.56
MLS# 4221754
Description

Located in picturesque Ludlow, this spacious and bright condominium is in a small community just minutes from Okemo and Jackson Gore. This desirable end unit includes four large bedrooms, each with its own bathroom; most of the bathrooms have been recently updated. As the former model unit, it uniquely has an additional window in the hallway, and the kitchen appliances have never been used. Exterior improvements include a new roof, siding, and recently replaced Andersen windows. With cross country ski trails only steps from your door, walking distance to Okemo Golf Course and shuttle service to the mountain resort, this home is ideal for anyone interested taking full advantage of an active Vermont lifestyle in a wonderful, scenic setting.

More information for this property:
339 Fox Lane, Ludlow, VT 05149

Irene Gaffigan - Southern VT Real Estate

Call Irene at 802-353-1983 for inquiries.

Visit us at: isellvermontrealestate.com

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Featured Listing – 107 Depot, Cavendish, VT 05153 (MLS # 4214411)

Excellent opportunity for first time home ownership or for skiers and outdoor enthusiasts looking to enjoy a second home close to Okemo Mountain!
107 Depot, Cavendish, VT 05153 (MLS # 4214411)
$239,900
Type Residential
Bedrooms 6
Bathrooms 2 full, 1 half
Square Footage 2,516 sq ft
Lot Size 21,344 sq ft
Year Built 1850
Taxes $3688.64
MLS# 214411

Description This is an excellent opportunity for those moving toward
home ownership for the first time, or for skiers and outdoor enthusiasts
looking to enjoy a second home close to Okemo Mountain. Complete with
a two bedroom apartment that offers income potential, this property
was renovated “from the studs up” in 2005 – 2006, and benefits
from the comfort, convenience and value of thorough updates. Vacationers
and long time residents alike will appreciate the appeal of the Proctorsville
and Cavendish, where small town charm, great views and iconic institutions
like the local general store provide a quality of life that is so often
missing. This is an exciting chance to own in this wonderful Vermont
community!More information regarding this property.

Call Irene at 802-353-1983 for inquiries.

Visit us at: isellvermontrealestate.com

Irene Gaffigan - Southern VT Real Estate

Featured Listing – 25 Benson Fuller Drive, Winhall, VT 05155 (MLS # 4207662)

Minutes to Skiing! With four bedrooms plus loft, there is plenty of room in this exceptional Winhall property!
25 Benson Fuller Drive, Winhall, VT 05155 (MLS # 4207662)
$459,900
Type Residential
Bedrooms 4
Bathrooms 3 full, 1 half
Square Footage 3,400 sq ft
Lot Size 43,560 sq ft
Year Built 1990
Taxes $7960
MLS# 4207662
Description With four bedrooms plus loft, there is plenty of room in this exceptional Winhall property just minutes to skiing! Be captivated by the fantastic views from plentiful windows of this 1990 Garrison style home! After a day on the slopes, enjoy the warming glow of a crackling fire in the exquisite floor to ceiling stone fireplace, before the ultimate relaxation of the gas-fired hot tub. Dinner is served in either the spacious kitchen with breakfast bar or in the formal dining room. You will love the airy feel of this home, enhanced by the gleaming hardwood floors on the main floor which seem to glide seamlessly from one room to the other, and the cathedral ceilings in the family room and master bedroom. With three levels of spacious living area, this home offers more than ample room for creating memories. Enjoy the best of both worlds with views of the Green Mountain National Forest, while being just thirty five miles from bustling Brattleboro VT. A truly special mountain retreatMore information regarding this property
Call Irene at 802-353-1983 for inquiries. Visit us at: isellvermontrealestate.com
Irene Gaffigan - Southern VT Real Estate

This from Jackson Gore at Okemo Valley!

Okemo Mountain Resort

Jackson Gore is Open! We’ll have 37 trails with 8 lifts spinning starting at 8 a.m. Don’t forget that you can get a $39 lift ticket at the clock tower ticket plaza or the Jackson Gore Archway if you donate 5 or more non perishable food items. The Rail Jam is also today– registration is in the clock tower base lodge with the event itself in the Jackson Gore base area.  Come to the Okemo area and Ski with us!

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If you are considering listing your home for sale or buying Real Estate in Southern Vermont, please give me a call at 802-353-1983, visit my website or email me at irene@isellvermontrealestate.com

Yuck, Ouch Inspections!

I just saw this sad article about a woman in Canada who bought a million dollar home.  She thought that having an architect and engineer walk through the home would be enough to verify that it was safe for habitation, so she didn’t get a home inspection.  After closing, she discovered that the walls were totally and completely infested with mice.  Yuck!

Worse still… the damage from their droppings and urine is so severe that the house has to be gutted.

Enough said, right?  Here’s a link to the article – don’t be shy if I can help you with anything!

Best,
Irene

Five Habits of Highly Productive Real Estate Agents

I’ll let you in on a little secret.  You could take the title of this blog and replace “Real Estate Agents” with your profession and you would increase your productivity!  But Real Estate is my business and time management is a real challenge that I want to address from the perspective of being a Real Estate Agent.

With so many distractions, it is a wonder that real estate agents are productive at all.  Working to become a highly productive real estate agent is an ongoing process.  Creating habits that produce consistent results allows you to achieve your maximum potential.  Between phone calls, emails, listing presentations, prospecting calls and buyer appointments, how do I stay productive?

I keep myself focused, alert and on tract with these five habits:

  1. Focus on the Most Important Tasks.  Be mindful to focus on income generating tasks and tasks that produce results.  Schedule time on your calendar and list out everything you will work on.  Number each item and work through your list.  Complete what you can during your scheduled time without any interruptions or distractions (see #2).  Do this every day.
  2. Remove Distractions.  The day can quickly get away from you between the phone, email, Internet and any other interruption.  Turn it all off and stay focused on your task at hand.  Don’t allow yourself a quick vacation on Facebook or getting off track by answering emails.  Cut yourself off from all distractions, work down your list and take a break once you are complete.
  3. Use Positive Affirmations.  Crazy, I know but they actually do work!  They can take a negative attitude and turn it around just by repeating a few constructive, upbeat words. 
  4. Take a Cat Nap.  Making time and grabbing a few z‘s might seem like an odd productivity tip, but studies have shown that feeling refreshed after a nap can significantly improve concentration and performance.  30 minutes is all it takes.
  5. Set Daily Goals.  Wake up each morning with your goals outlined.  These should be incorporated into your daily tasks.  Setting your sites on a goal each day offers clarity and promotes a more sustained drive.

Here’s a bonus.  Break out of the norm.  Don’t be afraid to branch out and try something that makes you a little uncomfortable.  Stepping outside of your comfort zone can be an amazing place that offers growth potential you never believed possible. Whatever your profession, these habits will contribute to your productivity. 

Until next time, Irene

Is the Economy Encouraging Home Buying?

There seems to be a shift in several key housing market indicators, according to Fannie Mae’s March 2012 consumer attitudinal National Housing Survey.  More Americans now expect both home rental and home purchase prices to increase over the next year.  In addition, confidence in consumers’ views of their own finances is stabilizing.  Are these trends providing Americans with an increased sense of urgency to buy a home?

73% of Americans now believe it is a good time to buy a home.  This is up from 70% in February.  “Conditions are coming together to encourage people to want to buy homes,” says Doug Duncan, Vice President and Chief Economist of Fannie Mae.  “With an increasing share of consumers expecting higher mortgage rates and home prices over the next 12 months, some may feel that renting is becoming more costly and that homeownership is a more compelling housing choice.”

A number of factors seem to be contributing to Americans’ Expectations:

  • Home prices are expected to increase over the next year.
  • Mortgage rates are expected to go up over the next year.
  • People feel “it is a good time to buy”.
  • Home rental prices are expected to increase over 4% – a significant increase.

There appears to be good news about the economy in general and Americans’ household finances.  There was a rise in confidence in the overall economy this month.  35% of respondents think the economy is on the right track.  A very low (12%) of respondents think their personal financial situation will worsen in the next 12 months.  This is good news for everyone.

For more information, visit http://www.fanniemae.com.

Until next time, Irene

Privacy and a View!

3 bedrooms, 2 bath ranch home on 12.30 acres (deed states 19 acres). Wonderful private location in Cavendish with long circular driveway, 2 fireplaces, one in the large basement that can be finished and one car attached garage.  This would make a wonderful primary or 2nd home.  Close to skiing.

Offered for $250,000

MLS# 4148854

Real Estate Agent – or – Expert Advisor

 Real Estate Agent – or – Expert Advisor

Spring is a great time to look at the business landscape.  My business is Real Estate so naturally, I’m interested in what’s happening in my industry – and the real estate industry is changing.  Anthony Robbins says, “Success leaves clues”.  Well, I am determined to follow those clues and remain successful in this business I love – and navigate this changing environment!

Remember when you used a travel agent to book your vacation?  Or walked into your neighborhood Hardware Store and said hello to the owner by name?  How about your local coffee shop?  Okay, I still have a local coffee shop but you see where I’m going.  Expedia, Travelocity and Priceline are your “travel agents”!  There are 2,248 Home Depot big-box format stores that have become your neighborhood Hardware Store.  The same thing that happened in these industries is happening in the real estate industry and it requires all of us to look for the clues to remain successful.  That is good for our industry, good for us and very good for our clients and customers.

A Real Estate sale is more than putting a sign in someone’s front lawn, loading the listing onto the MLS and running an ad.  I was a very early adapter of using the internet to market myself and communicate with others and I continue to use these tools for the common good.  Many traditional real estate agents don’t want to share their best practices, but as an “expert advisor” sharing knowledge and information helps everyone grow.  Sharing best practices, leadership and standards helps build consistency in our industry.  You can be committed to your own success and also to the success of others.

In addition to being committed to sharing and helping others as they help themselves, expert advisors are what their name implies – experts who give good counsel to clients and colleagues alike.  Being an expert doesn’t come easily but being an expert in real estate – understanding people, business, marketing, sales and relationship building is the only true way to create rock-solid and long lasting success.  Expert advisors are 100% committed to doing whatever it takes to get their sellers’ homes the exposure they need to drive up the demand on the home, which will ultimately result in a top-dollar offer.

Expert advisors look to foster strong personal and professional relationships with the agents in their area.  Well-managed relationships help expert advisors collaborate and cooperate with other agents in such a way that they’re able to drive demand up on their listings.  It makes sense that if agents like and want to work with you, more agents will show your listings to potential buyers. 

So I encourage you to find someone who has grown beyond the “traditional” real estate agent role and has become the Expert Advisor.  That person is open to sharing the best and brightest ideas – and has a network of others just like them – and that is good for selling or buying a home.  I will leave you with one last thought:

Compare buying or selling a home with booking a hotel room in Boston.  One decision can be made with a few key-strokes, and one is a significant life decision.  Which one requires an Expert Advisor?

Until next time, Irene

Warren Buffett’s thoughts on Real Estate

Well, spring has descended upon us!  I am trying to enjoy the 70 degree weather here in Vermont in March – and trying not to think about how this over-the-top spring like weather is affecting the local economy. 

While the weather patterns dictate our local travel and tourism based economy, there are some general economic factors that support a healthy real estate forecast for 2012 and beyond.  Recently, Warren Buffett – the so called “Oracle of Omaha” was interviewed on CNBC.  He recommends buying real estate over investing in a diversified group of leading companies. 

It has been a long time since buyers and sellers heard that kind of good news!

Buffett said that along with stocks, single-family homes are cheap and attractive investments.  In contrast, investments in Treasury bills, gold or simply keeping money in cash are not as attractive.  He also said that if he had a way to buy “a couple hundred thousand single-family homes” and easily manage them, he would “load up on them” and “take mortgages out at very, very low rates”. 

In reality, managing “a couple of hundred thousand single-family homes” is an impossibly Herculean logistical task.  In my last blog I mentioned several reasons for the real estate market improvement:

  • Interest rates are at a historic record low.
  • Baby Boomers are nearing retirement and have the ability to snap up high end properties at lower than usual prices.
  • Some people who watch the real estate market feel we won’t see further drops in value.
  • Some buyers who have been on the side-lines for the past several years are ready to re-enter the market.

Let’s face it – it is much easier to buy stocks with a few keystrokes and mouse-clicks.

So while this news is good for investors and Warren Buffett followers – who really will benefit?  When asked if a young individual should buy stocks or his first single-family home, Buffett recommended buying a single-family home with a 30-year mortgage.  “It’s a terrific deal,” he said.  “It’s a leveraged way of owning a very cheap asset now and I think that’s probably as an attractive an investment as you can make right now.”

Are you looking to complete the “American Dream” and own your own home?  Are you interested in the second-home market?  There are great buys to be had out there and interest rates make an attractive investment.  As I’ve mentioned before – if you are thinking about buying property in this area – now is the time to do so!

Until next time, Irene