Blog :: 2013

Killington Real Estate Sales - May 2013

May real estate salesimproved to 13transactions, the best month since November 2012 and similar to May2012, when there were 11 sales.All13 saleswere condominiums-10 full-ownership condos,2 interval units and one condex. The full-ownership condos included a studio and a1BR Mountain Green, a Whiffletree 2BR, Fall Line 1BR, 3 Highridge condos, [...]

Biggert-Waters Flood Insurance Reform Act

As a Realtor in the Killington area, the impact of Biggert-Waters on property values is already evident. On the recent sale of a property in Woodstock, the previous owner paid $1700/year for flood insurance. Under Biggert-Waters, the new owners rates went up to $8800 - a five-fold increase in the premium. A property listed in Chittenden, [...]

Killington Real Estate Sales - April 2013

April real estate sales remainedlevel with 8 transactions, but declined by nearly 50% comparedthe levels seen in April of 2011and 2012. Of the 8 sales,3 were full-ownership condos,3 were interval units, one was a building lot in Robinwoodand one an auto-service station, formerly known as Habro,on the Killington Road. The full-ownership [...]

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