News

Vermont spared big home-sale slump

Posted September 6, 2010

Source: Burlington Free Press, September 6

By Nancy Remsen

“Todd Smith and his wife weren’t ready to put their Burlington home on the market in the pring — back when first-time buyers could get an $8,000 tax credit under a federal economic stimulus program.

Still, when they decided a month ago to put a for-sale sign out front of their two-bedroom ranch, they thought their $205,000 asking-price and the low interest rate available for mortgages would be magnets for prospective buyers. [More ...]

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Home sales remain sluggish

Posted August 25, 2010

Source: The Rutland Herold, August 25, 2010

By: By ALAN ZIBEL

and J.W. ELPHINSTONE
THE ASSOCIATED PRESS

“WASHINGTON — Home prices in many parts of the country scream bargain, and mortgage rates haven’t been this low for decades. So why are houses across the nation sitting on the market for so long? [More ...]

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First-time home buyers feel the pinch from economic slump

Posted August 16, 2010

Source: Times Argus, August 16, 2010

By: Bruce Edwards

“For would-be first-time home buyers, the quest to get into that home is more challenging today and likely to remain that way until the economy turns around, according to housing advocates in the state. [More ...]

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