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Big Investment in Beta Technologies Bolsters Vermont Condo Market

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What’s the impact of Beta’s growth on the Vermont condo market?

Excluding those looking to joining Beta in St. Albans or Plattsburgh, NY, the main core of their workforce near Burlington International Airport, would have the most impact on the markets of Burlington, South Burlington, Essex, Essex Junction, Colchester, Winooski and Williston. As Beta has been adding employees over the last three to four years, we have certainly seen an impressive rise in the median sale price of condos and townhomes in those areas over that same time frame

Condo Prices Skyrocket as Climate Change and Zoom Buyers Migrate to Vermont

Vermont Condo Market News

With the advent of the Zoom meeting and other video conferencing, many workers who were forced to work from home during the pandemic discovered that they could be just as effective at their job no matter where they were in the world, as long as they had access to a good internet connection.  The arrival of StarLink, in conjunction with Vermont’s inventory of amazing homes in areas that are off-the-beaten-path, additionally opened up many more housing opportunities to the migrating work-from-home crowd of buyers.  Many employers realized the economic benefits of giving some staff the option of working from home permanently and, not surprisingly, many workers jumped at the chance.  

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