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Browse > Home / Articles / Vermont Foreclosure Activity Unchanged In April

Vermont Foreclosure Activity Unchanged in April

06/01/2010 - By Contributor

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Monthly foreclosure activity in Vermont remained the same as the previous month with 12 properties with foreclosure filings.

This latest state total also represents a 500 percent year-over-year increase in foreclosure filings from April 2009, according to the latest RealtyTrac® U.S. Foreclosure Market Report.

“Vermont continued to lead the nation in lowest total foreclosures during the month of April,” said James J. Saccacio, chief executive officer of RealtyTrac. “With its low unemployment rate and higher-than-average home sales last year, it is unlikely that this will change any time soon.”

With one in every 26,051 housing units receiving a foreclosure filing, Vermont’s
foreclosure rate was also lower than any other state during the month of April.