Need an affordable apartment or know someone who does? Vermont has plenty of options! There are vacancies in 15 different apartment complexes across the state, according to the Vermont Directory of Affordable Rental Housing.
White House releases housing development tool kit for communities
In response to declining housing affordability in many parts of the country, the White House released a report this week on best practices for reducing local housing development barriers. The accumulation of these barriers has reduced the ability of many housing markets to respond to growing demand, the report explains.
Upcoming appraisal courses follow recent studies of energy efficient homes
In light of research documenting the lower default risks of mortgages for energy-efficient homes, the Vermont Green Home Alliance invites lenders and appraisers to consider two exciting courses scheduled for October 13-14, 2016 in Concord, New Hampshire:
Demand drives new home construction in northwest Vermont
Demand for apartments and denser neighborhoods is driving home construction in Chittenden and Franklin counties this year according to a recent article in Vermont Business Magazine that surveyed area builders and housing experts, including VHFA Executive Director Sarah Carpenter.
Carpenter explained that "more people are delaying the purchase of their first home and that in turn has put pressure on the rental market."
The number of multifamily project building permits in the Burlington South Burlington area shot up 72% during the first half of 2016 over the same period a year earlier, according to the National Association of Home Builders.