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

Surfers Paradise the Gold Coast’s most expensive suburb

first_img Its median house price is now $1.66 million. Picture: Dean Johnson“We’ve noticed a bit of a resurgence,” he said,“You can walk to the beach from any house in Surfers and you can walk to the middle of town.“The central location and the light rail have also assisted.“It’s becoming more of a family environment.”Demand for the limited number of houses on the market in Surfers Paradise had pushed prices up. MORE NEWS: Trophy penthouse sells for $4 million Surfers Paradise is now the Gold Coast’s most expensive suburb, new data shows.THE city’s tourism heart has dethroned Mermaid Beach from its top spot in the Gold Coast’s million-dollar club.Surfers Paradise is now the Glitter Strip’s most expensive suburb for houses, latest realestate.com.au data shows.Mermaid Beach has long held the title with only a handful of suburbs coming close to it in recent years.Its $1.46 million median house price, which is based on 45 sales in the past year, now trails Surfers Paradise’s $1.66 million median, which is based on 80 sales in the same period.First National Surfers Paradise agent Russell Rollington said Surfers was back on buyers’ radars after a slow period. RELATED: Surfers Paradise records highest value of units sales nationally MORE NEWS: Former Socceroo moves to QLD GOLD COAST MILLION-DOLLAR CLUB He said buyers were more confident about spending the big bucks now the market had steadied.Ray White Prestige agent Jackson Paradise said many of those buyers were cashed up and from interstate.“We’ve definitely seen a lot more Sydney and Melbourne buyers move up here for a lifestyle change,” he said,“We’ve received a huge spike in inquiries over the Christmas/New Year period.”More from news02:37International architect Desmond Brooks selling luxury beach villa9 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoApartments in Surfers had also been performing well.CoreLogic’s Best Of The Best 2019 report revealed Surfers Paradise recorded the highest value of unit sales in the country last year at $498,220,700.center_img Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 “There really aren’t many houses in Surfers and we’ve got a big list of buyers,” Mr Rollington said.REIQ director John Newlands said a few high-end sales at Paradise Waters, the Isle of Capri and Chevron Island, which were all considered Surfers Paradise, had likely bumped the suburb’s median price up.“When they measure that (data) they take in a very wide area,” he said.“Predominantly, those are areas that are highly sought after with good waterfronts.” (suburb, median house price)1. Surfers Paradise – $1.66 million2. Mermaid Beach – $1.46 million3. Tallebudgera Valley – $1,197,5004. Paradise Point – $1.175 million5. Broadbeach Waters – $1.115 million6. Clear Island Waters – $1.11 million7. Bundall – $1.1 million8. Runaway Bay – $1 million Source: realestate.com.aulast_img read more

West Ham celebrate Moyes return with big win against Bournemouth

first_imgDavid Moyes’ West Ham return got off to the best possible start as two Mark Noble goals helped his side to an emphatic victory over Bournemouth.Advertisement Captain Noble opened the scoring inside 20 minutes with the help of a deflection before Sebastien Haller’s bicycle kick doubled the Hammers’ lead. Promoted Content10 Hyper-Realistic 3D Street Art By OdeithSome Impressive And Almost Shocking Robots That ExistYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime7 Thailand’s Most Exquisite Architectural Wonders7 Universities In The World Where Education Costs Too Much10 Bollywood Celeb Weight Loss Transformations That Will Stun YouTop 10 Most Romantic Nations In The World7 Things That Actually Ruin Your PhoneCouples Who Celebrated Their Union In A Unique, Unforgettable Way10 Most Evil Female Characters In Disney MoviesThe 10 Best Secondary Education Systems In The World7 Ways To Understand Your Girlfriend Better Loading… center_img Noble scored his second 10 minutes later from the penalty spot after being brought down by Harry Wilson, before Felipe Anderson rounded off their biggest Premier League win for over a decade.West Ham were lucky not to end the match with 10 men after Aaron Cresswell was sent off for a reckless challenge on Ryan Fraser, only for the video assistant referee (VAR) to downgrade the dismissal to a yellow card. Read Also:Tottenham lose at Southampton as Kane limps off injuredVictory was West Ham’s second in six matches, while the defeat sees Bournemouth slip into the relegation places in 18th.Moyes replaced the sacked Manuel Pellegrini  on Sunday, returning to the club he led to Premier League safety at the end of the 2017-18 season.FacebookTwitterWhatsAppEmail分享 last_img read more

Warriors coach Steve Kerr discusses Kevin Durant’s silence since Knicks’ trade

first_imgSteve Kerr on why Kevin Durant has been radio silent with local media since Knicks trade pic.twitter.com/BEPVRMV1Ti— Mark Medina (@MarkG_Medina) February 7, 2019″We all have things that go on in our life. … Sometimes you just want to curl up and you know, most of us of us are allowed to do that,” Kerr said. “But not in the NBA. Kevin has been unbelievable with the media since he’s been here. He’s always accountable and here. So he just doesn’t feel like talking right now.Durant is rumored to be considering signing with New York in free agency after the 2018-19 season concludes. He is averaging 27.5 points, 7.1 rebounds and six assists for the Warriors. Related News “We’re functioning as a team, we’re doing our thing, we’re playing, he’s coming in and competing and working at practice,” Kerr said.Golden State’s 37-15 record is the best mark in the Western Conference. It has won three NBA championships in the last four seasons. NBA free agency rumors: Kevin Durant signing with Knicks has ‘never felt more real’ to Warriors Kevin Durant has not been speaking to the media.The Warriors star has not spoken to reporters since the Knicks traded Kristaps Porzingis and other pieces to the Mavericks on Feb. 1. Steve Kerr told the media to “give him some space” ahead of Golden State’s matchup with the Spurs on Wednesday.last_img read more