Driven by rising home prices and growing demand, the U.S. housing recovery is well underway, concludes The State of the Nation’s Housing report released today by the Joint Center for Housing Studies of Harvard University. While still at historically low levels, housing construction finally turned the corner, giving the economy a much-needed boost.
Data and Statistics
Vermont Housing Data website shows statewide increase in home sales in 2012
Sales of primary and vacation homes increased 13 percent in Vermont in 2012, according to the recently updated Vermont Housing Data website. The data site was updated today to include final home sale volume and price statistics for every town and county in the state for 2012 by use and building type.
May is "Older Americans Month"
Every year since 1963, May has been a month to appreciate and celebrate the vitality and aspirations of older adults and reflect on their contributions and achievements. This year’s Older Americans Month theme of “Unleash the Power of Age!” emphasizes the important role of this fast-growing segment of the population.
Fair Market Rents revised upward by 24% for Burlington-S. Burlington metro area
HUD announced today that a recent in-depth survey revealed that rents for modest units in the greater Burlington area are 24% higher than originally estimated. In October 2013, HUD set the monthly fair market rent for a one bedroom apartment in the greater Burlington area at $788, a surprising drop of more than $100 from the prior year’s level.
Today’s Burlington Free Press covers varying aspects of housing affordability
VHFA’s creative role in serving the needs of low and moderate-income home buyers is the focus of the “Creative Corner” in today’s Burlington Free Press. The author, VHFA’s Homeownership Outreach Coordinator Seth Leonard, describes the innovations that have been important for balancing sound underwriting and fin
VHFA websites down for maintenance Thursday, March 21
VHFA is welcoming the official change of seasons this week with some spring cleaning. This means that the www.vhfa.org and www.vhfa.net web sites will be down for scheduled maintenance beginning at noon Thursday.