In a paper delivered to Congress last week, Ben Bernanke and his staff describe the complex and interdependent issues hampering today’s housing market.
Number of mobile home lots in Vermont fell in 2011
Updated facts about mobile home parks now available from the Vermont Department of Community Affairs include:
Evidence of the benefits of foreclosure mitigation counseling
A recent report shows that homeowners who received foreclosure mitigation counseling were nearly twice as likely to obtain a mortgage modification and at least 67 percent more likely to remain current on their mortgage nine months after receiving one. This not only helped stabilize the homeowners who would have otherwise lost their home, but also saved servicers considerable time and expense.
Young renters from other Northeastern states prevalent among recent movers to Vermont
The largest migration to Vermont came from New York, followed by Massachusetts, New Hampshire, Florida and Connecticut, according to an article in yesterday's Burlington Free Press based on U.S. Census Bureau 2010 American Community Survey estimates. The article explained that of the recent movers to Vermont,