Vermont Public Radio: housing vermont
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.
Vermont will qualify for 30 million dollars from the U-S Treasury to help support housing and economic development.




