The executive director of the the
Vermont Housing Finance Agency says the rental housing market "doesn’t seem to be aware that there is a recession going on". A new report shows that rents have increased by 7 percent over last year.
The National Association of
Realtors released figures this week that indicate a slowing pace of home
sales. We check in with the President of the Vermont Association of Realtors for an update on the state’s housing market.
Cold weather and the poor economy have swelled the ranks of people needing
emergency housing, and homeless shelters are
filled to capacity this winter. But
there is also some good news. Federal stimulus money is helping some of the
homeless find housing.