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J Philip Gerbode

Vermont Forclosures Down 26% from prior year.

VERMONT LEADS NATION IN FORCLOSURE REDUCTION

 

According to analysis by the Mortgage Bankers Association, three states experienced decreases in year-over-year foreclosure starts — Vermont (down 26%), South Dakota (down 17%), and Utah (down 16%)The numbers reflect eleven states that posted more than a 100 percent increase in foreclosure inventories, including Arizona, California, Nevada and Florida.  Unfortunately the media attention is on those states in peril and not on the more stable Vermont market. So Vermonters the sky is not falling, if you have real estate wants go out and get them!

Published Friday, February 29, 2008 5:19 PM by Philip Gerbode

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