Burlington is the biggest city in Vermont, and is the famous home to the University of Vermont and Champlain College. It has a population of just under 45,000 people, and is the county seat of Chittendon County.
Burlington is also home to the biggest hospital in Vermont, the Burlington Medical Center. The city is very close to the border with Canada, and is known as an incredibly environmentally friendly place to live, as it is run on renewable energy. It has nicknames of “BTV” and “The Queen City,” and Burlington has been in the news lately as the where Bernie Sanders served as mayor from 1981 to 1989, which has given it a reputation as a very liberal and progressive city.
According to Niche, Burlington is one of the best places to live in Vermont. It gives residents an urban suburban mix feel, and most people who live in Burlington rent their homes, since it is a bit of a college town. Burlington is home to a significant amount of bars and restaurants at the University of Vermont, and is also home to a significant amount of green space. Burlington is home to many young, liberal professionals, as well as above average public schools. Burlington currently has a median home value of $312,200 and a median rent of $1279.
Right now, Burlington is a seller’s market. It is home to many renters, but it is a place where demand is exceeding supply and where homes are selling very fast and for higher than listing price. Burlington is a place that’s a housing bubble, where real estate investors are getting into bidding wars much like the rest of the country during the pandemic.
In this housing market, hard money loans might be the best way to invest in real estate in Burlington.
