Tvan
Angel Diva
@Skivt2 - you may already know about this resource, but I'm sharing for others who may not know about it. ThinkVermont is the Vermont State website with resources for people who want to relocate to Vermont.
IKR?! It would be a great time to sell our house here, too, but we still need a place to live!In another market we might consider selling since our value has gone up so much, but on the other hand I have no desire to try and compete for another home if we did sell . . .
I’ve had multiple inquiries about moving into my in-law cottage (you know, the one we had to call the cops to get the tenants out)... but my MIL isn’t going anywhere soon. guess you’re moving into my above-garage office @JennyIKR?! It would be a great time to sell our house here, too, but we still need a place to live!
i did already contact the local realtors that deal in seasonal rentals to get on the list and hopefully at least be ahead of that curve. I contacted folks two weeks ago as soon as I knew the condo would eventually be listed. It’s excellent advice to get in early. In the past we have paid half our annual rent as a deposit in March for a lease that did not start until June 1st. And I will have that same chunk of cash sitting waiting for an opportunity to use it this March. But I am getting the impression that there will not be much inventory. i think it looks like we will be lucky to find a seasonal at all and if we do it may cost more for 6 months than we were paying for 12. Everything for sale is being snatched up and turned into Airbnb’s. Most people only rent seasonally if they can’t sell and also can’t make bank with or deal with short term rentals. But the economics have changed. Everyone can sell if they want and those who are buying are either using it themselves Or converting to an STR. My friends are all reaching out to folks they know with rental units to see if they would consider a seasonal with impeccable references from our current landlord. But so far the answer is always the same. They can make more through Airbnb.
i know I’m whining for my situation but for folks reading this and looking for a seasonal next year as well, I think it’s going to be super hard to get in.
Thank you ski diva!! We are looking for a place near killington/pico. We live at Pico now. We would be fine with Bridgewater, mendon, chittenden, etc etc. of course closer to the mountain is always better. If we can’t find anything by late spring we will start thinking of a house or apartment in Rutland.
We’re not retired yet - we can wait, lol!I’ve had multiple inquiries about moving into my in-law cottage (you know, the one we had to call the cops to get the tenants out)... but my MIL isn’t going anywhere soon. guess you’re moving into my above-garage office @Jenny
My guess is people who were previously renting. Interest rates are low, so it is a good time to get into the market if you can find a reasonably priced place to buy. I've just spent the better part of a year helping my brother to find a house and navigate the buying process. He had been renting in the same building for over 30 years. If the house we found hadn't been a short sale/estate deal, I don't think we would have been able to find anything in his budget.The real estate situation in a lot of places is crazy. I'm hearing the same thing from family and friends in Ohio, believe it or not. And my colleague who lives in the Atlanta area and her wife have been priced out a couple of times looking for their first home. If you look in the Boston area on Zillow, nearly every decent home listed says, "Under contingency." My question is: Where are people moving FROM?
IKR?! It would be a great time to sell our house here, too, but we still need a place to live!
Thank you ski diva!! We are looking for a place near killington/pico. We live at Pico now. We would be fine with Bridgewater, mendon, chittenden, etc etc. of course closer to the mountain is always better. If we can’t find anything by late spring we will start thinking of a house or apartment in Rutland.
Yes. We think the area around killington ave stratton ave is ok. And if you turn right at sugar and spice and head towards DMV it’s nice. Hubby will probably end up working in rutvegas. We have lots of friend that live in rutland and chittenden.Man, I'm glad I already have a place to live!
BTW, Rutland can be pretty reasonable. It's not the most beautiful spot in Vermont, but it could be doable for you.
Yes they have! The two condos next to us sold in forclosure for around 40-45k in the past 3 years. The place is a 1 bed room 2 room flat with no storage and no outside private entrance. Only 525 square feet and the HOA is like $500 a month. I saw one sell last month for 150k. People are going to lose their shirts..The 1950’s upside down ranch house on a vertical lot two houses down from me just listed at $1M. It’s waterfront which is accessed by ~100 stair steps. No garage.
People have lost their minds.