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Burlington, VT Real Estate News

By Chris Hurd
(Burlington VT Real Estate)
Below are a few upcoming events for September happening in the Burlington Vermont area... National Street Rod Association Northeast Nationals Date: Sept. 17-19 Friday 8:30 am - 5 pm, Saturday 8:00 am - 5 pm, Sunday 8:30 am - 2 pm Admission: $14 Adults, $5 Children 6-12, Under 6 Free ($12 for NSRA members, Military Personnel w/ID and Seniors 60+) More than 1600 rods, customs and collector cars will be on hand for the 17th Annual Northeast Street Rod Nationals Plus Sept. 17-19. In addition to the collection of vehicles, several commercial vendors and automotive experts will be on hand. Also, enjoy a trade show, arts & crafts fair, vintage auto parts swap, and daily entertainment. For more information about the NSRA, visit www.nsra-usa.com. More Information: http://cvexpo.org/ ------------...
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By Mark Montross, Listing and Buyer Specialist
(Catamount Realty Group)
  The Lake Champlain Maritime Festival will be taking place this weekend at the Burlington waterfront. This event is sure to be a crowd pleaser with a wide variety of activities taking place. This event is organized by the Community Sailing Center. Main events include an hour and a half lunch cruise, a 5k and fun run, volleyball, silent auction and a wide variety of bands and entertainment. Swashbuckling pirates will be roaming the waterfront throughout the day and evening. Click here for the link to the event web site. A calendar of events from the web site is posted below. Looking forward to seeing you there!  2010 Event ScheduleDowntown Burlington Waterfront Schedule of Events: Festival Opens Daily at 11:00am Thursday, August 12     6:00pm-10:00pm Friday, August 13       11:00am-11:0...
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By Chris Hurd
(Burlington VT Real Estate)
The Fireworks show in Burlington Vermont this year were spectacular! Earlier in the evening (around 8:20) there was a special stunt air plane show which ended with some daylight fireworks. The stunt pilot dived repeatedly while releasing bright-colored smoke and the fireworks went up in the smoke. As usual the main Burlington fireworks show started at around 9:30 and it was quite a show. I think the Burlington Fireworks show gets better each year. Apparently they cost $40,000 for this year's show, $5,000 more than last year. The good news is that it doesn't cost Burlington Vermont taxpayers a dime as it's sponsored by 3 major sponsors: Pomerleau Real Estate, Price Chopper and Chittenden Bank. A big thanks to them for an excellent show! As usual, there were many possible places to watch ...
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By Mark Montross, Listing and Buyer Specialist
(Catamount Realty Group)
Burlington's 4th of July Celebration will be taking place this Saturday, July 3, 2010 on the Burlington waterfront. Festivities will begin at 5:30 including local bands, strolling entertainers, acrobats, stilt walkers, mines, jugglers, balloon twisting and pony rides. The fireworks are set to begin at 9:30. If you haven't seen the Burlington fireworks in the past, definitely attend this event. They put on a very good show!
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By Teresa DeLuca Merelman, ABR, CRS, SRS, e-PRO, SRES, GREEN, AHWD
(Pall Spera Company Realtors)
Kiplinger Selected Burlington Vermont as one of the 10 Best Cities for the Next Decade #8.     Burlington, Vt. Burlington's local-food movement perhaps best tells the story of how environmentalism drives much of the city's economic growth. Many shops and restaurants along Burlington’s Church Street Marketplace, the famous pedestrian mall, serve up local goodies. A couple blocks over, the City Market/Onion River Co-Op, a community-owned grocery store, offers more than 1,000 Vermont products. (And atop the supermarket, generating 3% of the Co-Op’s energy needs -- enough electricity to power six Burlington homes -- are 136 solar panels from groSolar, another Vermont-based company.) And the crown jewel for locavores: The Intervale Center is a nonprofit organization that has managed 350 acre...
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By Mark Montross, Listing and Buyer Specialist
(Catamount Realty Group)
KiplingerMagazine has named Burlington, Vermont as one of the Top Ten Best Cities to live in for the next decade. The article cites locales that have low unemployment and are good areas to start a business. It also mentions Burlington's local food movement and how Burlington provides 10% of its food locally. Also mentioned is the community-owned City Market/Onion River Co-Op which offers more than 1,000 Vermont products. Catamount Realty Group is proud to be part of the Burlington Community!
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By Mark Montross, Listing and Buyer Specialist
(Catamount Realty Group)
The Burlington Jazz Festival is running from June 4th through June 13th, 2010 and is taking place at the Church Street Marketplace with many bands playing and with ticketed events taking place at the Flynn Theatre. This festival has been running for 26 years. I had the pleasure of listening to several of the very talented musicians on Friday evening and found it to be quite enjoyable. Come out and support your local arts scene and enjoy some good music!
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By Baker Home Inspection and Commercial Properties Inspections, Home and Commercial Properties Inspections Vermont
(Baker Residential and Commercial Properties Inspections)
Chittenden County Vermont Home Buyer Tax Credit only 14 days left, don't be one of the home buyers that lets the opportunity of a lifetime get away from you and your family!!!First Time Home Buyer and Move up Home Buyer, you need to have a contract on your dream home by the 30th of April 2010. In order for you and your family to receive up to $6,500.00, and if you are a First Time Home Buyer you can receive up to a $8,000.00 tax credit from Uncle Sam!!!Chittenden County Vermont Home Buyer Tax Credit only 14 days left, that is for sure some real money for you to keep in yours and your family's pocket!!!There are a lot of homes out there to pick from on the market right now, the interest rates are still low on home mortgages. First Time Buyer and Move up Home Buyer, don't let this money o...
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By Mark Montross, Listing and Buyer Specialist
(Catamount Realty Group)
On Saturday, February 27th 2010, I had the pleasure of attending the Mardi Gras Parade in Burlington, Vermont. The parade ran down Church Street and attracted a few thousand revellers. Visitors filled downtown Burlington clammoring for the beaded necklaces thrown from the floats. All floats were decorated vivaciously and some included music - what a fun afternoon!  
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By Mark Montross, Listing and Buyer Specialist
(Catamount Realty Group)
Parima Thai restaurant at 185 Pearl Street in Burlington is located between Church Street and South Winooski Avenue. This fine Thai restaurant has been in business since 1974 and under current ownership since 1994. The restaurant is beautifully adorned with rich hand-crafted woodwork, maple floors and brass fixtures. This 7,000 square foot restaurant can seat 140 patrons in its two story main dining room and another 30 outdoors in the courtyard. There are also banquet and meeting facilities. Parima Thai also offers live music in its acoustic lounge. I have heard several of the musicians who play there and have enjoyed them all. What I really like best about Parima Thai though is the food. In my opinion, Parima has the best Thai food in the Burlington area. Executive Chef and Owner Jip J...
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By Mark Montross, Listing and Buyer Specialist
(Catamount Realty Group)
Big Fattys restaurant in Burlington, Vermont serves up some great southern flavor. This gem of a restaurant is located at 55 Main Street in Burlington and utters the slogan "Put some south in your mouth". My favorites are their pulled pork sandwich and sweet potato fries. Also of note is their Texas brisket. All sauces and rubs are homemade to add to the authentic style. The staff is very friendly as well. Its that southern hospitality that you've got to love in northern Vermont :)
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By Mark Montross, Listing and Buyer Specialist
(Catamount Realty Group)
The Burlington Home Show will be occuring this weekend at the Sheraton Hotel in Burlington, Vermont. This is the 15th year of the event which will have 200 exhibitors and will attract roughly 9,000 visitors. Show hours are 10-8 on Saturday and 10-5 on Sunday. There is a $6 admission fee. The show will highlight many area builders, remodelers and local businesses ranging from new homes, log homes, remodeling options, landscape design, heating/cooling systems, windows, hot tubs, lawnmowers and more!
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By Mark Montross, Listing and Buyer Specialist
(Catamount Realty Group)
This weekend, Burlington Vermont will host the 15th annual Mardi Gras celebration. Events kick off on Friday night with a Masquerade Ball at the Radisson Hotel. Tickets are $12 in advance and $14 at the door. On Saturday, festivities begin at noon on Church Street with the Festival of Thieves. The Parade begins at 3:00 with 40 floats tossing over 180,000 beads as well as 7,680 authentic Louisiana Moon Pies and thousands of Lake Champlain Chocolates. Over 12,000 people attended the parade last year. The Magic Hat Block Party will immediately follow the parade where top bands will play. Proceeds from bead sales will benefit the Women's Rape Crisis Center in Burlington. Last year, $5,000 was raised for the center from this event. Magic Hat had raised over $100,000 over a thirteen year time...
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By Chris Hurd
(Burlington VT Real Estate)
February 15th, 2010 Burlington Vermont To answer this question, let me begin by asking a question. When you are in a legal proceeding, would you have the lawyer representing the person sitting across the table from you represent you as well? The answer is so simple. Of course not. Why then when buying a house or property which for many people represents one of the largest financial decisions of their lives would you utilize the Realtor who represents the Seller(s) to safeguard your best interests as the Buyer(s)? In Vermont, we do not have "dual agency." Some states do allow this (where one Realtor represents both sides of the transaction while maintaining "neutrality") but for the life of me I do not understand why. It makes absolutely no sense whatsoever. There are simply too many pl...
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February 4th, 2010 Burlington Vermont Vermont continues to have the lowest foreclosures of any state in the entire United States. Recent information reported by Bloomberg BusinessWeek indicate that Vermont has suffered the least with ONLY 143 foreclosures in the entire state for all of 2009! RealtyTrac, in its monthly report from December 2009, reported that only 6 homes in all of Chittenden County (includes 17 towns around and including Burlington VT) went into foreclosure or 1 in every 10,479 housing units. Put another way, The Vermont Housing Finance Agency (VHFA.org) reported from the Bloomberg.com website that as of January 29th, 2010, Vermont had the lowest foreclosure rate in the country at 0.04% of all homes in the state. The Bloomberg article went on to report that Vermonters a...
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By Mark Montross, Listing and Buyer Specialist
(Catamount Realty Group)
  This Saturday, February 6th Burlington, Vermont will participate in the 15th annual Penguin Plunge to support Special Olympics of Vermont. This Burlington event has become well known from its start in 1995 with only 15 participants to a record 900 participants in 2009. This year should break all records with approximately 1,000 participants.  Jump into the icy waters of Lake Champlain to help support the 850+ Special Olympics athletes in Vermont. Donations will go towards providing the athletes with opportunities to participate in sports training and athletic competitions. If you would like to participate in the Penguin Plunge, fundraising expectations are a $25 registration fee and a $150 fundraising minimum per participant.  This year, Special Olympics of Vermont hopes to raise $350...
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January 27th, 2010Burlington VT Based upon information provided by the Northwestern Vermont Board of Realtors (NVBR) as of today for all of 2009, there were 276 single family residential and condominium units sold within Burlington Vermont with a total sold volume of $70,919,923.These numbers represent a 26.03% increase in the number of units sold from the same time period one year earlier (1/1/09-12/31/09). Divide this number by the units sold (276) and you get an average sale price of $256,956. These numbers represent a 11.16% decrease in the average sales price from the same time period one year earlier (1/1/09-12/31/09).Average days on the market for all these 219 properties was 74 compared to 75 one year earlier or 1.33% longer on the market.If you are considering listing your home...
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January 25th, 2010 Burlington VT No other neighborhood in Burlington Vermont can boast about the infrastructure and amenities that Appletree Point and its Association provide. Not one. Price points range from over a million to be right on the lake with a single family home, to the $350,000 to $600,000 range for single family homes not right on the lake, to high $200's for a townhouse. Appletree Point also has a well run Association with affordable cost effective association fees. The list of amenities is long for this neighborhood. Sandy private beach on Lake Champlain with a gradual descent into the lake make it ideal for swimming or launching kayaks/canoes. Two swimming pools set at either end of the neighborhood cater to families during the summer months. The City of Burlington has ...
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By Chris Hurd
(Burlington VT Real Estate)
January 13th, 2010 Burlington VT What is the future for Burlington Vermont and business development? This and many other questions were raised and addressed recently. Last week, I attended the 8th annual Business Summit sponsored by the Burlington Business Association (BBA) hosted at Champlain College. The summit brought business people from across the area together to hear three lecturers discuss the past, present and future for our city and to brainstorm in breakout sessions what needs to be done to keep Burlington vibrant, creative and growing. Several statistics presented at the outset bear repeating and amplification. The unemployment rate in Burlington VT stands at 5.4% compared to the national average which stands at 10%. I found that to be a startlingly positive number. In addi...
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By Chris Hurd
(Burlington VT Real Estate)
January 6th, 2010 Burlington, Vermont New Year's Eve celebration (called First Night ) in Burlington Vermont rocks! If you haven't been to a First Night in Burlington yet, keep it in mind to check it out next year. This year was the 27th year Burlington's First Night has been celebrated and it was better than ever. Where else can you pay $15 to get into so many, many venues? Okay, a few of the choice concerts at the Flynn Theater added $3 more to the night per person per event but it's laughable how much fun can be had for such a modest outlay. For a brief history, First Night originated in Boston Massachusetts in 1976 by a small group of artists who sought an alternative way of celebrating New Year's Eve, creating an event where the consumption of alcohol is banned. First Night is an ...
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