Real Estate

Our New Morrisville Office is Open!

We are excited to announce the opening of our new office on Portland Street in Morrisville! As a result of growing demand for real estate services in northern Lamoille County, this branch office will provide expanded opportunities and convenience for our clients and customers. We will of course continue to offer the same level of expertise and exceptional service, as well as support and guidance through the real estate process in order to assist our buyers and sellers with their goals and expected outcome. 

Our official grand opening will be Thursday April 25th, from 4-7.  We hope you can join us then, or feel free to stop by in the meantime to check out our new space and to see what's new in the area, and the world of real estate.  We look forward to welcoming you to our new home located at 74 Portland Street!

Wire Fraud Protection

Important Information Regarding Fraudulent Instructions to Wire Funds

 

Today we have all become more vulnerable to wire fraud, unfortunately, and we want to make sure you exercise caution before transferring any funds by wire.   Wire fraud scams are becoming more prevalent whereby fraudulent individuals are creating emails that can fully replicate those that will look familiar to you - for instance - from your Realtor, your attorney, or lender.  They will send you a personal email requesting that you "wire funds for your closing", or other, only to be ultimately routed to a bogus account.  Therefore, if you ever receive any correspondence that appears to come from your Realtor, or your attorney, or lender, or anyone else, please contact us or your attorney, immediately by calling on the phone.  

In addition, we strongly recommend that you not include any sensitive information in your email correspondence to the parties who are involved in your real estate transaction, including account numbers, routing numbers, social security numbers, etc.  Instead, provide any essential information required for the closing by your lender or attorney or other professional, by phone. As with any phone calls you might make relative to these matters, please make sure you have verified the phone number, and not taken one from a website or email.  

If you need to wire funds for your closing, please be sure to contact your Realtor or attorney or lender by phone to complete the transaction.

Above all, please consult with your attorney about any of the above, as this is not intended to be a representation of legal advice to you.

 

Coldwell Banker Award Designation

Jeff Beattie of Coldwell Carlson Real Estate in Stowe, Vermont has been awarded the International President's Circle Award. The designation is awarded to the top 5% of all Coldwell Banker agents worldwide. The President's Circle Award demonstrates a high level of dedication to clients and customers which leads to top sales production.

 

The Coldwell Banker Carlson Real Estate office has received the Premier Office - Gold award for the 6th consecutive year. The Premier Office award demonstrates high productivity in the entire office that can only be attained through great teamwork and leadership.

 

 

 

Here's to Hoops

Homes are about people, and that’s what Coldwell Banker is all about as well.

There’s a recurring theme in real estate from the media and our competitors about how easily replaceable real estate agents are, so it is with great pride that we introduce to you our newest advertising campaign. This is an ad that speaks to Coldwell Banker's love and dedication to people and home since 1906, a commercial that speaks to our agents’ ability to “read the situation” and show the unmistakable, irreplaceable power of human touch.

Here is our new commercial that we call “Hoops” that is airing this year during the tournament. 

Read This Before Renting Your Home!

Stowe has seen condominium sales, and prices, rise significantly in the last two years. Much if this is attributed to the announcement of Vail Resorts purchasing Stowe. The popularity of websites such as Airbnb and VRBO have created a new market for condominium and single family home owners to rent properties when not in use, or make investments as income producing properties. If you are thinking about purchasing and renting, or are already doing so, there are some important things you should know to ensure your and your renters safety:

  • Make sure to contact your insurance agent to include extra coverage for renters
  • Make sure to have the proper smoke and carbon monoxide detectors installed. In Vermont photoelectric smoke detectors are need to be in every sleeping room
  • A rental property falls under Vermont State safety requirements, so you will need to have a Fire and Safety inspection. For more information go to the State website here: http://firesafety.vermont.gov/

Please feel free to contact me any time regarding any questions you may have about anything that may relate to investing in properties, and/or renting.  The Town of Stowe is in the process of adopting some of these, and additional rules and regulations, so we can update you as well as guide you through this process, along with providing any key contacts to ensure your property is up to code and regulation.

 

The Stowe Area Market is Moving

The Stowe Area Real Estate Market is Moving

 

Real estate sales volume and selling prices were up in most categories for 2017

  • 5% increase in average sales price of single family homes 2017

  • 63% increase in condominiums sold 2017

  • 40% increase in land sold in 2017

  • Coldwell Banker Carlson Real Estate represented 29% of Stowe market in 2017

Call me today for a consultation on your property. I won't just list your property, I will enhance and promote your listing with the latest available technology to get it sold.

 

Click here for complete details on the area Real Estate Market

 

Jeff Beattie 802.371.7491

Tax Reform Impact on Homeowners

There have been a lot of questions surrounding the recent tax reform bill that was passed in Washington.  The National Association of Realtors had a lot of influence relative to the impact on aspects having to do with real estate, and managed to help protect essential and important homeowner benefits such as the exclusion for capital gains on the sale of a home, and the mortgage interest deduction for primary and secondary homes.  Those and other last minute changes to the Tax Cuts and Jobs Act of 2017 are as follows, in easy to understand terms:

  • Capital gains exclusion. In a huge win for current and prospective homeowners, current law is left in place on the capital gains exclusion of $250,000 for an individual and $500,000 for married couples on the sale of a home. Both the House and the Senate had sought to make it much harder to qualify for the exclusion. 
  • Mortgage interest deduction. The maximum mortgage amount for households deducting their mortgage interest has been decreased to $750,000 from the current $1 million limit on primary and secondary homes. The House bill sought a reduction to $500,000. 
  • State and local tax deductions. Both property taxes and state and local income taxes remain deductible, although with a combined limit of $10,000. Both the House and Senate bills sought to eliminate the state and local income tax deduction altogether. 
  • Pass-through entities. The bill significantly reduces the effective rate of tax on business income earned by independent contractors and income received from pass-through entities. This change will potentially lower the taxes of these types of professionals.

We will be publishing more information as it is made available, as the professionals and experts continue to decipher myriad details of the bill.

 

 

Realtor of the Year

2016 Realtor of the Year – Jeff Beattie

Coldwell Banker Carlson Real Estate is proud to announce that Jeff Beattie has been named 2016 REALTOR® of the Year for the Lamoille Area Board of Realtors! This award recognizes those who have served not only the real estate profession but also their communities.  Winners are chosen based on REALTOR® Spirit, participation in civic activities; including service clubs, charity, fraternal or religious groups, notable business accomplishments and association activity.

In addition to Jeff’s roles as a Director and Past President of the Lamoille Area Board of Realtors, he has served on the Regional MLS Board and the Vermont Association of Realtor’s Forms Committee. He is always ready and willing to reach out to newcomers to the field of Real Estate to help guide them through the pitfalls of laws and regulations.  He embodies good real estate practice and is a contributor at many membership meetings instructing on particular issues or problem areas.

He presently heads up the mentoring program for the Hyde Park Elementary School and has been a Habitat for Humanity volunteer. He has volunteered for many children’s sports activities including Little League, soccer and basketball as his children were growing up.

Stowe's Newest Conservation Project

The Stowe Land Trust has a long and successful history of land conservation and stewardship in the Stowe, VT area. The Stowe Land Trust is dedicated to the conservation of scenic, recreational, and productive farm and forest lands for the benefit of the greater Stowe community. 

The lastest project undertaken by the Stowe Land Trust is the preservation of The Kaiser Family Farm as a productive working farm. The Kaiser Family has maintained their farm in the scenic Nebraska Valley for decades. Stowe Land Trust is working with Vermont Land Trust and Christine Kaiser to conserve the 49-acre farm. Stowe Land Trust and Vermont Land Trust have arranged to purchase an easement on the Kaiser Farm, which will forever protect the farm from development and ensure that the farm will remain affordable to future farmers. The farm is one of the last remaining working farms in Stowe, and is a reminder of the town’s agricultural heritage. Through Vermont Land Trust's Farmland Access Program, a local farm family will be able to purchase the farm at an affordable price. 

The total cost of the project is $372,000, which includes the easement purchase, project related costs, and a contribution to Stowe Land Trust's Stewardship Endowment fund.  With the support of additional donors, The Stowe Land Trust has secured more than 85% of the necessary funds.  Now they need our help to raise the remaining funds.

Give today to help protect one of the last working farms in Stowe and support the next generation of Stowe farmers.

 

Real Estate Market Report - Year End 2015

Welcome to the Coldwell Banker Carlson Real Estate market report; a 2015 Year-End examination of the real estate market in the Stowe area.  This report uses market-wide data based on transactions that closed in 2015 in the Multiple Listing Service, and compares them to sales that took place during 2014.

In 2015 the Stowe market generally reflects that of the broader market throughout Vermont, and much of the nation.   Many analysts have reported a continuation of a “level-headed market”; much of which is probably due to very low levels of inventory. We are seeing one of the lowest levels of residential and land inventory, in recent memory.  Most of which is seen in the lower price ranges.  Despite these factors, the continuation of low interest rates, steady job growth, and buyer demand, should keep real estate sales heading in the right direction.  Sales in general, show continued stability.

Click here read the enitre Market Report