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Vermont foreclosure rate lowest in nation

Posted by: VHFA on January 30, 2009 - 9:49am

According to an article that appeared on bloomberg.com yesterday, Vermont has the lowest foreclosure rate in the nation: 0.04% of all homes in the state.

"Vermont is avoiding the foreclosure crisis plaguing homeowners across the U.S., perhaps owing to traditions of thrift, modesty and self-reliance — bolstered by laws that protect buyers and land," writes Brian Sullivan.

Read the entire article at the Bloomberg site.

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