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Stowe, VT

Stowe Vermont Area Foreclosure Homes and REOs - March 20, 2010

Teresa Merelman, ABR, CRS, e-PRO, RSPS, GREEN: Real Estate Agent in Stowe, VT

Foreclosures

Bank Owned Real Estate

FORECLOSURES or BANK OWNED PROPERTIES - Stowe, Vermont Area

Vermont does not have many bank owned real estate properties. However, I feel that the number has increased and will continue to increase in the next few years. Our MLS system does not allow for a simple search of such properties, but I am able to create specialized searches for bank owned real estate. The searches do not automatically update, but I will do my best to keep it current.

Buying a foreclosure, or short-sale property can be very complicated. I have been a licensed Realtor® in Stowe since 1998. I just recently received the National Association of Realtors SHORT SALE AND FORECLOSURE Certification. and I am an Accredited Buyer Representative. So be sure to hire a REALTOR® that is experienced, trained and can represent you as buyer. I can represent you on these properties and all other area properties as long as they are not listed by Stowe Realty. Please contact me for more information about these properties or other ones you are interested in. Hire an experienced Accredited Buyers Representative! Hire and ABR and a Short Sale and Foreclosure Certified Agent

BANK OWNED REAL ESTATE:

LAMOILLE COUNTY:

Stowe Vermont Foreclosures - updated 3/20/10- 3 Listings

Eden Vermont Foreclosures - updated 3/20/10- 1 Listing

Morristown Vermont Foreclosures - updated 3/20/10 - 1 Listings

Hyde Park Vermont Foreclosures - updated 3/20/10- 0 Listings

Johnson Vermont Foreclosures - updated 3/20/10 - 0 Listings

Wolcott Vermont Foreclosures - updated 3/20/10 - 0 Listings

Cambridge Vermont Foreclosures - updated 3/20/10 - 1 Listing

Washington County Vermont MapWASHINGTON COUNTY:

Barre City Vermont Foreclosures - updated 3/20/10 - 2 Listings

Calais Vermont Foreclosures - updated 3/20/10 - 1 Listing

Warren-Washington Vermont Foreclosures - updated 3/20/10 - 1 Listing

Auction

Basketball, Real Estate and Video - Can't Get Much Better Than This!

Teresa Merelman, ABR, CRS, e-PRO, RSPS, GREEN: Real Estate Agent in Stowe, VT

Basketball, Real Estate and Video - Can't Get Much Better Than This!

I wrote my very first Active Rain Blog on January 10, 2009. The blog was about two subjects I was, and still am, passionate about - basketball and real estate.

Stowe High School BasketballThe link to that blog "How are Basketball and Real Estate Similar - the Lesson my Son Taught me"

Now I am another year older and still learning new ways of doing things. In 2010 I decided to jump into the Video world. I must admit, it has been difficult, confusing and frustrating. But it has also been a lot of fun.

The first project I decided on was to create a Video about this year's Stowe High School Boys Varsity Basketball Team. My son, a junior, is one of the starters - #15. I attend most of the games and always have my camera and my Christmas present - Samsung Video Camera.

We are almost done with the basketball season and I have the project just about complete. Still have one game and then on to the tournament. Stowe's team has not had an impressive season thus far - only 3 wins; but they do play hard and never give up. Next season should be better with a stronger senior bench.

I thought I would share this Video with my Active Rain members. I know the video would be more enjoyable if you are one of the parents or players. I do think it's fun and makes them look pretty darn good! And the music is Great!

Next, I will incorparate some of my new found knowledge to making real estate videos. I don't think it will be as much fun as basketball but could certainly be more profitable! I do believe that a lot of real estate sales are emotional; and if you can tie visual with audio to the property, you may pick up a few more transactions that will actually close.

Hope you enjoyed the video as much as I enjoyed putting it together!

Stowe Vermont - New England's Ski Capital on ABC's Good Morning America

Teresa Merelman, ABR, CRS, e-PRO, RSPS, GREEN: Real Estate Agent in Stowe, VT

Stowe, Vermont - New England's Ski Capital featured on ABC's Good Morning America

The Good Morning America Show of ABC came to Stowe, Vermont in January 2010.  They produced a video about Stowe, Vermont.  As a Virginia/Washington D.C. transplant to Stowe in 1987, I feel it captures the essence of our town quite well.  I decided to share it with you just in case you missed it!  

 

For More Information about:

Stowe Mountain Resort - Stowe, Vermont

Trapp Family Lodge - Stowe, Vermont

Golden Eagle Resort - Stowe, Vermont

Local Activities, Hotels, Restaurants - Stowe Area Association

If you would like to check out the Stowe Real Estate Market, below are links to specific MLS searches:

Stowe Vermont Homes - Luxury Homes

Stowe Vermont Homes - Priced Between $500,000 to $1,000,000

Stowe Vermont Homes - Priced Between $50,000 to $500,000

Give me a call at (802) 253-8484 or e-mail me at Teresa@StoweUSA.com if you'd like to see any of Stowe's properties. 

 

Stowe Vermont Condo and Townhome Sales - Market Report 2005 through 2009

Teresa Merelman, ABR, CRS, e-PRO, RSPS, GREEN: Real Estate Agent in Stowe, VT

Stowe Vermont Condo and Townhome Sales - Market Report 2005 through 2009

Stowe, Vermont as a four season resort has many condo/townhome projects. The majority of theseStowe Townhomes Spruce Peak properties are owned by second home and vacation home owners. As a result of the real estate bubble in 2005, the stock market crash in 2008, and the recession of 2009, it is not surprising to see a reduction in sales. To further complicate condo sales, the mortgage companies have made the purchase of condos, especially in a resort town, much more difficult. Below are market statistics by year with accompanying charts. You can click on the charts to enlarge them. The statistics are from the Vermont Real Estate Information Network MLS. The majority of sales are reflected in the market reports.

2005 Stowe Vermont Condo Sales
Stowe Vermont Condo Sales 2005# of Units Sold: 46
Average List Price: $364,415 Average Sale Price: $352,040
Median List Price: $352,000 Median Sale Price: $345,000
Average # of Listings: 43
Average Price per Finished Square Foot Sold: $239
Average Days on Market: 103

2006 Stowe Vermont Condo Sales
Stowe Vermont Condos Sales 2006# of Units Sold: 39
Average List Price: $440,215 Average Sale Price: $419,273
Median List Price: $295,000 Meidan Sale Price: $285,000
Average # of Listings: 66
Average Price per Finished Square Foot Sold: $234
Average Days on Market: 151

2007 Stowe Vermont Condo Sales
Stowe Vermont Condos Sales 2007# of Units Sold: 27
Average List Price: $459,530 Averag Sale Price: $437,752
Median List Price: $399,900 Median Sale Price: $387,000
Average # of Listings: 73
Average Price per Finished Square Foot Sold: $252
Average Days on Market: 222

2008 Stowe Vermont Condo Sales
Stowe Vermont Condo Sales 2008# of Units Sold: 23
Average List Price: $326,300 Average Sale Price: $294,261
Meidan List Price: $220,000 Median Sale Price: $220,000
Average # of Listings: 78
Average Price per Finished Square Foot Sold: $202
Average Days on Market: 289

2009 Stowe Vermont Condo Sales
Stowe Vermont Condo Sales 2009# of Units Sold: 17
Average List Price: $401,970 Average Sale Price: $368,530
Median List Price: $310,000 Median Sale Price: $299,000
Average # of Listings: 88
Average Price per Finished Square Foot Sold: $237
Average Days on Market: 296

Comparison Chart - Stowe Condo Sales 2005 through 2009

Stowe Condos Sold Chart 2005 through 2009Basically, the number of condos sold has decreased, the inventory has increased, the Days on Market has increased; however, the pricing has held and the value has remained. There is a great selection and variety to choose from.

Search for Condos and Townhomes Available Here

Give me a call. I am happy to help!

The compilation of information is copyrighted and may not be reprinted without my permission.

Stowe Vermont Home Sales - Market Report 2005 through 2009

Teresa Merelman, ABR, CRS, e-PRO, RSPS, GREEN: Real Estate Agent in Stowe, VT

Stowe Vermont Home Sales - Market Report 2005 through 2009

Stowe, Vermont is a beautiful, four season resort town. Stowe has a full time population of about 4,500Stowe Vermont Home for Sale people. Many of Stowe homes and condos are vacation and second homes. As anticipated, the number of homes sold in 2009 were down. Below are market statistics by year and a chart for each year. The data used is from the Vermont Real Estate Information Network MLS. Most of Stowe's sales are through the lcoal MLS. You can click on the charts for enlarged versions. Towards the end of this article, is a year to year comparison.

2005 Stowe Home Sales
Stowe Homes Sold 2005# of Homes Sold: 82
Average List Price: $735,080 Average Sale Price: $682,000
Median List Price: $495,000 Median Sale Price: $475,000
Average Number of Homes on the Market: 74
Average Price per Finished Square Foot Sold: $224
Average Days on Market: 135

2006 Stowe Home Sales
Stowe Home Sales 2006# of Homes Sold: 74
Average List Price: $680,177 Average Sale Price: $637,664
Median List Price: $549,000 Median Sale Price: $507,500
Average Number of Homes on the Market: 95
Average Price per Finished Square Foot Sold: $214
Average Days on Market: 150

2007 Stowe Home Sales
Stowe Home Sales 2007# of Homes Sold: 74
Average List Price: $710,001 Average Sale Price: $652.098
Median List Price: $499,000 Median Sale Price: $450,000
Average Number of Homes on the Market: 109
Average Price per Finished Square Foot Sold: $219
Average Days on Market: 197

2008 Stowe Home Sales
Stowe Home Sales 288# of Homes Sold: 52
Average List Price: $556,960 Average Sale Price: $535,481
Median List Price: $492,000 Median Sale Price: $445,000
Average Number of Homes on the Market: 135
Average Price per Finished Square Foot Sold: $202
Average Days on Market: 215

2009 Stowe Home Sales
Stowe Home Sales 2009# of Homes Sold: 46
Average List Price: $603,757 Average Sale Price: $542,022
Median List Price: $494,000 Median Sale Price: $456,250
Average Number of Homes on the Market: 133
Average Price per Finished Square Foot Sold: $185
Average Days on Market: 165

The trends in Stowe tend to mirror other resort towns. Basically, the number of homes sold has Stowe Homes Sold 2005 through 2009decreased, the average number of listings has increased, the average list and sale prices have decreased as has the average price per square foot, and the number of days on the market has increased since 2005.

Of interest is that the 4th quarter of 2009 had a significant increase in the number of sales and the number of homes placed under contract.

I have been a Realtor in Stowe since 1998. I have never seen a better time to buy. Take advantage of the higher than normal inventory, the lower than normal prices, the low mortgage interest rates, and first time buyer/move up buyer tax credit before it is too late.

Click on the links below for MLS information on homes in Stowe, Vermont for Sale:

Stowe Vermont Homes for Sale $50,000 to $500,000

Stowe Vermont Homes for Sale $500,000 to $1,000,000

Stowe Vermont Homes for Sale $1,000,000 plus

Stowe Vermont Homes - Foreclosures

Give me a call. I'd be happy to help!