News

Vermont foreclosures rise by 17 percent

Posted February 28, 2010

By Bruce Edwards

“The recession continues to make its presence felt in Vermont as the number of homeowners facing foreclosure jumped 17 percent last year.

There were 1,928 foreclosures filed in the state in 2009 compared to 1,639 the prior year, according to the Department of Banking, Insurance, Securities and Health Care Administration.
With the exception of Rutland County, foreclosures increased in all 14 counties in the state last year.

Chittenden County, the state’s most populous county, reported 304 foreclosures — 42 more than the prior year. Foreclosures soared in Windsor County with 238 filings last year — up 37 percent from 2008 — and the second highest number in the state. Rutland was third with 227…”

Source: Times Argus, February 28, 2010

Full story: Vermont foreclosures rise by 17 percent

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