First Brandon National Bank has earned 5-Star rating

first_imgFirst Brandon National Bank, Brandon Vermont has earned a 5-Star rating from BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank rating firm. Five-stars denotes the absolute highest level of banking performance.First Brandon National Bank has earned the coveted 5-star rating for six consecutive quarters. (The award is based on an analysis of current financial data supplied by federal regulators, supplemented by historical data.)“We constantly receive phone calls from people worried about where they are putting their money; and with good reason,” noted Karen Dorway, president of the research firm. “With rouge institutions popping up on the Internet and elsewhere, many falsely claiming to be FDIC insured, it’s important to know there are still principled people running good, solid banks. First Brandon National Bank is one of those banks…a bank you can have confidence in.”First Brandon National Bank has been servicing the needs of its neighbors and friends in Rutland County for 141 years. Established in 1863, it now operates through four conveniently located offices in Brandon, Pittsford, and West Rutland.First Brandon National Bank: “Your 5-Star Community Bank.”last_img read more

Beachside suburbs lead house price surge in Queensland’s southeast: REIQ

first_imgBrisbane’s housing market continued to grow steadily in the September quarter, according to the REIQ.Signs of improvement in Queensland’s jobs market have also helped the housing sector, with the unemployment rate falling to 5.9 per cent in September from 6.3 per cent at the start of the year. WHERE YOU SHOULD INVEST REIQ chief executive Antonia Mercorella. Photo: Claudia Baxter.The cruise industry has been one of the biggest contributors to growth, pouring $1.1 billion into the state’s economy and supporting more than 4000 jobs, according to the Palaszczuk government. The number of cruise ship visits to the state has nearly doubled over the past four years. HOW TO SELL YOUR HOME The Gold Coast has a new house price record of $606,000, according to the REIQ.REIQ chief executive Antonia Mercorella said the strong performance of the southeast corner’s coastal markets had been thanks mainly to growth in the tourism sector.Ms Mercorella said the coastal markets had helped drive overall growth in the state’s property market over the past 12 months, with more than 58,000 houses sold and median house price growth of 2.4 per cent.“Tourism is one of the largest contributors to Queensland’s gross state product, with almost eight per cent of GSP coming from tourism,” Ms Mercorella said. “This is roughly $25 billion in the year to June 2016, which means when that sector grows, it offers employment opportunities and this attracts workers who need somewhere to live.” Brisbane’s apartment market continued to soften in the September quarter. Picture: Mark Calleja. This property at 29-31 Wyuna Dr, Noosaville, recently sold for a record price.SOUTHEAST Queensland’s world-class beaches are driving a surge in home prices in the state’s coastal property markets, as Brisbane and the Gold Coast break house price records.New quarterly figures from the Real Estate Institute of Queensland reveal Noosa was the state’s top performing market in the three months to September, recording annual house price growth of nearly 10 per cent.Over the past five years, Noosa’s median house price has jumped by more than 40 per cent — driven by a boost in tourism numbers.A sprawling waterfront home with a drive-through boatshed, two jetties and a boat ramp at 29-31 Wyuna Dr, Noosaville, recently sold for close to $11.9 million — setting a new record for the area. Noosa’s median house price grew 9.6 per cent in the year to September 2017, according to the REIQ.The REIQ’s latest Queensland Market Monitor shows house prices in the Sunshine Coast statistical division grew 22 per cent over the September quarter, from $557,500 in June to $570,000.The Gold Coast also performed strongly, hitting a new house price record of $606,000, while the annual median house price in Brisbane reached a new record high of $660,000 — almost 30 per cent greater than it was five years ago. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE More from newsParks and wildlife the new lust-haves post coronavirus22 hours agoNoosa’s best beachfront penthouse is about to hit the market22 hours agoBut it’s a different story for Brisbane’s unit market, with prices falling 2.6 per cent over the past year as the inner-city continues to suffer from an apartment glut.The new annual median unit price is $440,750 — down from $452,500 a year ago. “With more supply expected online over the next 12 months, we expect this market will not firm up until mid-2019 at the earliest,” the report said. This home at 29-31 Wyuna Dr, Noosaville, recently sold for close to $11.9m through Tom Offerman Real Estate.last_img read more