Did you know that 36,379 Vermont renter households are cost burdened, spending more than 30% of their income on housing? The U.S. Census Bureau released data from the 2014 American Community Survey (ACS). The ACS collects demographic, housing, economic, and commuting data on an annual basis.
There's still time to register for the 2015 Green Real Estate Symposium on October 29, 2015, at the Lake Morey Resort.
The symposium features powerhouse speakers and leading instructors in the real estate industry.
Read more or download the conference flyer.
Earlier this week, Executive Director Sarah Carpenter appeared on CCTV to discuss Vermont's new down payment assistance program for first-time home buyers. Interviewed by host Erhard Mahnke of the Vermont Affordable Housing Coalition, Carpenter described how the program works, its creation by the Vermont Legislature and the affordability hurdles that have plagued would-be first-time buyers in recent years.
Despite the recovery taking place in most of Vermont's local housing markets, relatively high rents and home purchase prices continue to prevent many younger residents from buying their first home.