Friday, February 10, 2006

Vermont Sizzles In Snow Season

While vacation homes in the mountain states have been soaring, not many have paid attention to the Northeast. Well, pay heed! "Housing prices have been rising 12-13 percent a year," according to the publisher of the Vermont Economy Newsletter." Says Dick Heaps, "Our first reaction is, 'how in the world can we afford this?' Families are having a harder time paying their mortgages, he adds. Still, compared with some markets, Vermont is still bargaintown -- median home price is $180,000.

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