Some photos from this morning's press conference for the release of the 2010 "Between a Rock and a Hard Place: Housing and Wages in Vermont" report.

About 30 people attended the event held at Brookside Village on Morehouse Drive, Colchester.

VHFA released its annual "Between a Rock and a Hard Place: Housing and Wages in Vermont" report today.

The report found, in spite of the softening real estate market, Vermonters earning the median income still cannot afford the median priced home.

“The real estate market was helped this year by low interest rates and a generous federal tax credit,” said VHFA Executive Director Sarah Carpenter.

VHFA has selected Swap Financial Group LLC to perform swap analysis services related to GASB 53.

The 6-person South Orange, N.J., firm was founded by Managing Directors Peter Shapiro and John Keenan in 1998.

Thanks to all the firms who responded to our RFP.

The Joint Center for Housing Studies at Harvard University released its "State of the Nation’s Housing" report today.

The report shows home sales and housing starts nationwide staged an uneven comeback starting in early 2009. Improved affordability for first-time buyers and government intervention helped spark a turnaround and drove all of the increase in existing home sales last year, but record foreclosures continue to pressure markets and homeowners.

Despite positive signs early in the 2010 spring buying season, housing continues to face significant challenges.