Economy

The U.S.

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

Automatic federal tax increases and spending cuts due to take effect this year are likely to push the economy into a recession in 2013, accordi

This month marks the completion of three years of Vermont’s Housing Acquisition & Rehabilitation Program (HARP)—a program that has

Facts refute the popular story that the nation's foreclosure crisis resulted from financial industry insiders dece

Credit ratings for the single-family programs of state housing finance agencies in the U.S.

The slow pace of the economic recovery is due in large part to a chronic glut of p

According to annual housing vacancy statistics compiled by the Census Bureau, the estimated statewide rental vacancy rate fell in Vermont from 6.1% in 2010 to 4.2% in 2011--the lowest in the nation, with the exception of Oregon. Nationally, the rental vacancy rate was 9.5% in 2011. 

Vermont's owner vacancy rate remained about the same in 2011 at 1.7%. The national owner vacancy rate was 2.5%. 

When surveyed recently by the Federal Reserve Bank of Boston, service providers chose availability of job opportunities, state and local budget cuts, and federal budget cuts as the top three most important challenges facing low-and moderate-income communities in New England. Access to affordable housing and home foreclosures rounded out the top five most frequently cited responses.