The first months of 2013 show the volume of home sales continuing to increase in Vermont, according to multiple listing service data and Vermont property transfer tax records. Purchases of single-family homes, both for primary and vacation purposes, are leading Vermont’s housing recovery.
Economy
Vermont lawmakers hear about changes needed to housing system
National housing expert Nan Roman of the Bipartisan Policy Center told members of the Vermont House General, Housing & Military Affairs Committee today what it will take to strengthen the national mortgage finance system while creating a stable and strong housing market and better meeting the needs of the nation's most vulnerable residents.
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
Vermont home sales rebounded in 2012
After a trough in 2009, volumes and median prices of primary homes in Vermont are on an upswing. The median sales price jumped two percent in 2012 to $199,000, according to VHFA’s analysis of VT property transfer tax records processed by December 31, 2012. This is almost as high as the state's peak of $200,000 in 2007 and 2008.
Task force calls for comprehensive and rapid weatherization of Vermont buildings
Investing in thermal efficiency improvements—primarily air sealing, insulation, and heating system replacements—can dramatically reduce a home’s heating energy use. An estimated 62,000 single and multi-family homes in Vermont will require energy efficient improvements by 2020, according to the state’s recent
Vermont leads New England by key economic recovery measures
Vermont’s economic performance coming out of the recession is among the best, if not the best, in New England, Fed economist Robert Clifford explained at a Lake Champlain Region Chamber of Commerce breakfast yesterday. Clifford identified the state’s steady job growth and much “healthier” housing market as key drivers of this success.