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Blog :: 07-2017

Burlington College Building Sells for Big Bucks

BURLINGTON COLLEGE BUILDING SELLS FOR BIG BUCKS

The main building of what was previously Burlington College was sold in a foreclosure auction July 12. The building measures 29,000 square feet and sold to People's United Bank for $3.1 million. People's United also holds the mortgage for the property, but "legally had to bid on the building under a judgement of foreclosure," reports WCAX News. The bank will likely sell the property to a developer, and local real estate investor Eric Farrell says he all ready has plans in the works to develop the building to a mixed-use property with residential and commercial space. The full story can be read at the WCAX website by clicking here.

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    VPR talks Vermont housing, market conditions

    VPR TALKS VERMONT HOUSING, MARKET CONDITIONS

    Hosts Mitch Wertlieb and Ric Cengeri discuss Vermont's recovery from the Housing Crash of 2007 with two real estate professionals from across the state. Looking to the present market, the hosts and their guests "discuss the Vermont real estate market today, the hottest areas of the state, and effective strategies for those looking to buy or sell a home." Check out the full story and recording by clicking here.

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