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Why Now Might Be the Right Time to Sell in Vermont

KitchenThe real estate market is complex, influenced by a myriad of factors ranging from interest rates to housing inventory. In Vermont, like in many other parts of the United States, homeowners are sitting on a goldmine of equity in their homes, much more than they might think; and despite current challenges, now could be the ideal moment to consider selling your property. In this article, we'll explore the reasons why homeowners have more equity in their homes than they realize and why it might make sense to sell in Vermont today.

Hidden Equity

One of the primary reasons homeowners may underestimate their equity is the steady appreciation of property values. Vermont has seen a consistent rise in home prices over the years, driven by a combination of factors such as its natural beauty, rural charm and a desire for a peaceful lifestyle. This appreciation has often gone unnoticed by homeowners, especially those who have lived in their properties for an extended period. The result is that many Vermonters are sitting on substantial equity in their homes, which they can leverage in today's market.

Additionally, the pandemic-induced housing boom has further escalated property values, making homeowners' equity positions even stronger. With more people looking to move to rural and picturesque locations like Vermont, the demand for homes in the state has surged. As a result, sellers have been able to command higher prices for their properties, contributing to the growth of their hidden equity.

Housing Inventory

While a robust housing market typically requires a balance between supply and demand, Vermont is currently experiencing a shortage of available homes for sale. This shortage has created a sellers' market, where homeowners have the upper hand in negotiations. With fewer options available for buyers, sellers can attract multiple offers, potentially leading to a bidding war that drives up the final sale price. In this scenario, homeowners can maximize the returns on their properties, further capitalizing on their hidden equity.

Moreover, a limited housing inventory can lead to quicker sales, reducing the time and effort required to sell a property. In a state like Vermont, where the winters can be harsh, selling your home quickly can be especially appealing. This speed can help homeowners transition to their next stage in life without prolonged uncertainty.

Mortgage Rates

While many might be waiting for mortgage rates to drop before making a move, the reality is that interest rates have been relatively stable in recent times. While they may not be at historic lows, they are still favorable for both buyers and sellers. Furthermore, if and when mortgage rates DO come down, we know that prices will increase, pricing some people out of their choice markets. The current stability in mortgage rates means that potential buyers can secure financing with confidence, making them more inclined to enter the market. This stability, combined with the limited housing inventory, can provide a significant advantage to homeowners looking to sell.

Timing your sale

Timing is a crucial factor in the real estate market, and it's often said that the best time to sell is when you're ready. While external factors can play a role in your decision, it's essential to consider your personal circumstances and goals. If you've been contemplating a move, whether it's downsizing, upsizing or relocating, the current market conditions in Vermont provide a favorable backdrop for your real estate ambitions.


In Vermont, homeowners have more equity in their homes than they might think, thanks to consistent property value appreciation and the recent housing boom. The combination of hidden equity, a sellers' market and interest rates makes it an opportune moment to consider selling your Vermont property.

It's crucial to consult with a local real estate professional who can provide personalized advice and guide you through the process. By leveraging your hidden equity and seizing the current market dynamics, you can make a move that aligns with your goals and sets you on the path to your next adventure.

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