New Vermont Property Transfer Tax (PTT) data shows recent trends in the home sale market have continued in the first half of 2024. During that time, the median sale price of year-round homes increased an additional 5%, compared to the median price of $325,000 in 2023. At the same time, the median length of days a Vermont home is on the market for sale has remained at a historic low point, suggesting demand to buy homes in Vermont remains high despite increasing sale prices.
Whether you are a first-time homebuyer, or a looking to buy again...Knowledge is POWER! Join us for a free webinar to learn how to be a competitive and informed homebuyer. Topics will include:
- How to succeed in homebuying
-How to qualify for a mortgage
- Working with a lender and realtor
- Special assistance programs
- Where to get started.
Register today!
Whether you are a first-time homebuyer or looking to buy again -- buying a home is a big deal, and knowledge is POWER! Join us for a free 1-hour webinar to learn how to be a competitive and informed buyer. Topics will include:
- Succeeding in the homebuying process
- How to qualify for a mortgage
- Working with a lender and real estate agent
- Special loan and down payment assistance programs
- Where to get started!
Join us for a free one-hour webinar to learn about the homebuying process, how to qualify for a mortgage, special assistance programs that could help, and where to get started!
First Generation Homebuyer Program Update
The State of Vermont has renewed funding for the First Generation Homebuyer Program. Originally released as a pilot program in 2022, the program is now widely available and offers eligible homebuyers a $15,000 grant to help with down payment and closing costs.
New First Generation Homebuyer Program Available
BURLINGTON, VT. Vermont Housing Finance Agency (VHFA) announces the launch of the First Generation Homebuyer Program, with a goal of helping more Vermonters afford their first home. This program provides a grant to eligible homebuyers whose parents or legal guardians were likely unable to pass on the generational wealth homeownership can provide.
Five things to know about pre-approvals
VHFA offers loan programs through local participating lenders to help people bridge the gap and afford to buy a home in Vermont. Getting a pre-approval from a lender is the first step in the process. Here are answers to the top 5 questions homebuyers have about pre-approvals.