Foreclosures!

...we don't have them here. At least very many. This report from RealtyTrac shows our foreclosure rate to be the absolute lowest in the nation. Good news for our market! Here in Vermont we are showing 1 foreclosure for every 155,717 households. Compare that with, for instance, Nevada...1 for every 67 households! "But Nevada is so far away" you say...well lets look close to home: New York has 1 in 1420. New Hampshire has 1 in 573. Mass. has 1 in 518. and Maine has 1 in 2808. Yikes.

Click here and then mouse over the different states to see what is going on in each.

The downside is that folks coming from some of the harder hit states are not seeing the crazy deals that they have in the market they are coming from. Although on some level they are disappointed, the vast majority see that in the long run this is indeed very good news for them!We're the Blue Chip of Real Estate.

Please don't hesitate to call if you have any questions about this or anything to do with Real Estate in the Greater Burlingon area.

Warm Regards, David