Vermont Median Real Estate Prices Slipped In Early Winter

first_imgVermont Median Real Estate Prices Slipped In Early WinterMONTPELIER ­ Median prices of single-family homes in Vermont fell a bit in late fall and early winter compared to a year earlier, though the decreases were much less than were seen in many other states, according to the April – May issue of Vermont Property Owners Report. The slight dip came after several years of declining sales volume in Vermont.The median price of single-family primary homes processed by the Vermont Tax Department in the November 2007 through February 2008 period ­ $204,400 ­ was 2.6% lower than in the same time period a year earlier, and 6.6% lower than in the May to August period last summer, the newsletter said.The median price was particularly low in December, then rose above $200,000 again in January and February. Data for sales processed in March indicates the median price has remained level, though this is a time of year when there are relatively few sales processed by the state.The early winter decline in the Vermont median sales price was not as large as occurred elsewhere, partly because Vermont has had less subprime mortgage lending and foreclosure activity than other states. According to the Case-Schiller index of existing-home prices in 20 large cities nationwide, home values in January 2008 were 10.7% lower than in January 2007. In Miami, FL, housing values dropped 19.3% over the same time period.Median prices for single-family homes in Vermont have been rising for many years, but the rate of increase slowed in recent years as sales volume dropped off. In 2004, there were 8,388 single-family primary home sales processed by the state; by 2007, that number dropped to 5,586, a 33% decline.The overall real estate sales volume continued to fall in recent months. In the November 2007 to February 2008 period, the number of property transfer tax returns submitted to the state fell 21.4% from the same time a year earlier. Property transfer tax revenues were off 26.5%.Heavy snows and a falling stock market may have aggravated the late fall and early winter slowdown in real estate activity here. Vermont real estate brokers are optimistic that sales will pick up this spring and summer, since the inventory of properties for sale has grown, sellers are more realistic about asking prices, and there may be some pent-up demand for housing. But increasing talk of a national recession, along with tighter mortgage lending standards, could pose obstacles for real estate sales in the near term.(Vermont Property Owners Report is a Montpelier-based subscription newsletter, founded in 1986, about Vermont and Vermont real estate. For more information, go to www.vermontrealestatetoday.com(link is external), or call 802-229-2433.)###last_img read more

Stopping Porter serves as Syracuse’s biggest challenge as Orange looks for revenge against Georgetown

first_imgWhen Syracuse fell to Georgetown 57-46 on Feb. 23 in the Carrier Dome, the bulk of the responsibility went to Otto Porter. The Hoyas’ forward terrorized the Orange’s defense, knocking down shots from all over the floor.Porter had a huge game in front of 35,012 fans, and is going to look to have the same type of performance on Saturday at the Verizon Center.And since that game in the Carrier Dome, Porter hasn’t really slowed down. He’s averaging 25 points in his last four contests. Georgetown is 3-1 in that span, with the loss coming in a surprising upset defeat against Villanova.Here’s a look at Porter’s performances in his last four games:February 23: Georgetown 57, Syracuse 46AdvertisementThis is placeholder textFG-FGA: 3-of-123FG-3FGA: 5-10Points: 33Rebounds: 8Steals: 5Minutes: 40February 27: Georgetown 79, Connecticut 78 2OTFG-FGA: 7-123FG-3FGA: 3-4Points: 22Rebounds: 5Steals: 1Minutes: 49March 3: Georgetown 64, Rutgers 51FG-FGA: 6-123FG-3FGA: 1-2Points: 28Rebounds: 8Steals: 4Minutes: 40March 6: Villanova 67, Georgetown 57FG-FGA: 6-163FG-3FGA: 2-9Points: 17Rebounds: 4Steals: 1Minutes: 39 Comments Published on March 8, 2013 at 2:47 pm Contact Chris: cjiseman@syr.edu | @chris_iseman Facebook Twitter Google+last_img read more

Syracuse beats Towson in final scrimmage, questions loom heading into season

first_imgIt took a late push for Syracuse to beat Towson in its final scrimmage on Saturday. The Orange scored five of the last six goals to edge the Tigers 13-12 in the five-quarter game at Johnny Unitas Stadium in Towson, Md. With Syracuse’s season opener against Siena nine days away, the Orange went into the tuneup looking for solutions at the faceoff and goalie positions. And while one question veered closer to an answer, the other grew cloudier with the results.At the faceoff X, Syracuse lost the overall battle to Towson 17-to-12, but Chris Daddio was relied on by SU head coach John Desko. Daddio finished 8-of-18 at the X — which doesn’t provide a long-term solution just yet — but no other Syracuse player took more than five or won more than one faceoff. Towson’s Conor Pequigney was particularly problematic for the Orange, going 16-for-26 at the X on the day.In net, things got more confusing for Syracuse. During the week, Desko said he didn’t know who was going to start, but his breakdown of Dominic Lamolinara’s ability to communicate with the defense hinted that the senior held an edge over junior Bobby Wardwell. AdvertisementThis is placeholder textBut any Lamolinara edge disappeared at the hands of the Tigers’ first-team offense. Lamolinara faced 23 shots in the first half, gave up nine goals and made five saves.Wardwell was more impressive in his two frames, but did face 10 less shots than Lamolinara. The junior gave up two goals and made four saves, and redshirt freshman Evan Molloy played the fifth and final quarter and yielded one goal.After sitting out last weekend’s scrimmages against Hofstra and Le Moyne due to paperwork issues, Onondaga Community College transfer Randy Staats made his SU debut to the tune of three goals. Kevin Rice and Dylan Donahue — with a combined nine points — continued their dominance in the Orange attack, Donahue netting two goals and dishing three assists, Rice putting in one and assisting on three.The Orange will open its season against Siena on Feb. 10 in the Carrier Dome. Comments Facebook Twitter Google+ Published on February 1, 2014 at 7:24 pm Contact Jesse: jcdoug01@syr.edu | @dougherty_jesselast_img read more

Datebook 5/15

first_imgZonta Golf Tournament for Women, 9 a.m., Robinson Ranch Golf Course, 27734 Sand Canyon Road, Canyon Country. Call (661) 252-9351. Mail Datebook entries – including time, date, location and phone number – to Daily News City Desk, P.O. Box 4200, Woodland Hills, CA 91365; fax (818) 713-0058; e-mail dnmetro@dailynews.com. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBasketball roundup: Sierra Canyon, Birmingham set to face off in tournament quarterfinals160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more