I know, I'm still behind on updates, but catching up. From this post, you probably won't believe that this has been a good year in real estate, but as we get to September and beyond, we'll make up some [...]
Oops - a little late with the statistics, but things have actually been very busy in recent months. July was still slow, however, and down a little from June, with just 6 total sales, comprised of 1 single-family home and 5 condominiums. The condos included a 1BR quarter-share at the Killington Grand Hotel, a 1BR Edgemont, a 2BR at The [...]
It's certainly no mystery to me why Fannie Mae was downgraded by Standard and Poor's in August 2011. Here's how badly they just blew a perfectly good real estate transaction:
Fannie Mae owns a foreclosed condominium in Killington, VT. They rejected a full-price offer of $164K for the property, but accepted an offer of $142K by the same [...]
Real estatedropped off inJune with just 7 sales, compared to 15 in May.For year-over-year comparison, sales in May of 2010 totalled just 3. The 7 sales this May included 6 condominiums and 1 single-family home - a short sale at a bargain price. The condo sales includedtwo quarter-share sales at the Killington Grand Hotel,two1BRPinnacle [...]
Real estate sales remained strong in May with 15 sales - just one shy of the April peak of 16. For year-over-year comparison, sales in May of 2010 totalled just 6. The 15 sales this May included 9 condominiums, 4 single-family homes and 2 land parcels. The condo sales included 1 quarter-share sale at the Killington Grand Hotel, 2 Highridge [...]
Real estate sales improved vastly in April with16 sales -a 100% increase over the8 salesin March. For year-over-year comparison, sales in April of2010 totalled11 . The16 sales this April included 13 condominiums, 2 single-family homes and a commercial property. The condo sales included 7 quarter-share sales at the Killington Grand Hotel, 2 [...]
Real estate sales improved againin March with 8 sales -up from 6in February. For year-over-year comparison, sales in March of2010 totalled just 4 . The8 sales this March included a 1BR Pico, a 1BR Mountain Green, 3 Sunrise condos, a 3BR Trail Creek, a Killington Grand Hotel Quartershare and a3-family home on Roaring Brook Road.Sunrise [...]
The market share of vacation and investment-home sales held steady in 2010, although the sales volume declined with the overall market, according to the National Association of Realtors. See the full article for details.
Posted by Kyle Kershner, Ski Country Real Estate, Killington, VT 802-345-8530 or kyle@KillingtonPicoHomes.com.
Real estate sales doubled to 6 salesin February from a 12-month low of just 3in January. Sales in February of2010 totalled just 4 for year-over-year comparison. The 6 sales this February included a beautiful log home next to the golf course, a 3BR hotel-suite (foreclosure) at the Comfort Inn, another 1BR quarter-share unit at the Killington [...]
CLOSED SALES REPORT
January logged in just 3 sales, marking the lowest number of closings in the past 12 months, but not an atypical number for January, which traditionally is the slowest month for home sales in Killington. Condo sales included a 1BR Killington Grand Hotel quarter-share, a 2BR Mountain Green condominium and a 3BR home in the [...]