-A A +A

Economy

U.S. median income fell and income inequality grew in 2011

Estimates from the U.S.

Application deadline for borrowers who think they were harmed during foreclosure extended

Borrowers nationwide who think they were financially harmed during the mortgage foreclosure process in 2009 or 2010 may request an independent review and potentially receive compensation.

Vermont home prices hit bottom

Housing and real estate markets in both the U.S. and Vermont, as measured by home prices are probably close to or just past their "cyclical troughs",  according to economists at Kavet, Rockler, and Associates. 

HUD chief chats with nation's homeowners this Thursday at 3:15 pm

U.S. Secretary of Housing and Urban Development, Shaun Donovan, will answer questions from homeowners and go over the issue of refinancing via a live on-line video "hangout" on Thursday at 3:15 PM.  

State housing finance agencies boost U.S. housing market recovery

VHFA and its counterparts across the nation are increasing home buying activity through “very solid” tax-free municipal debt, according to

Recession prompted national increase in household sharing

The number and percentage of shared households increased over the course of the recent national recession, according to a report released last month by the Census Bureau.  A “shared household” is

GAO concludes year-long review of Recovery Act programs run by state HFAs

The U.S.

Incidence of underwater mortgages varies greatly by region

About 31 percent of American homeowners with mortgages owe more on their mortgages than their home is worth, according to a

Federal analysts predict a 2013 recession unless Congress acts on fiscal issues

Automatic federal tax increases and spending cuts due to take effect this year are likely to push the economy into a recession in 2013, according to an analysis released this week by the Congressional Budget Office.

VHFA creates affordable housing and jobs through HARP program

This month marks the completion of three years of Vermont’s Housing Acquisition & Rehabilitation Program (HARP)—a program that has helped renovate 55 homes as of March 31, 2012, including the historic St.

Pages

Subscribe to RSS - Economy