Otter Creek’s new product offers opportunity and growth

first_imgKaren Kunz has joined Otter Creek Awnings & Patio Rooms as a marketing and customer service representative. Most recently, Kunz was a marketing representative for Total Care, a health insurance company in Syracuse, New York. Kunz will be responsible for assisting with the companys marketing and providing service for customers throughout Vermont and sections of New York and New Hampshire. Kunz earned her bachelors degree from Plymouth State University.Laura Bent of Otter Creek Awnings & Patio Rooms has been promoted to oversee the sales and design of Otter Creeks new product, custom closets. In addition to custom closet sales and design, Bent is responsible for solar screen and residential awning sales. Bent has been with Otter Creek for four years and earned her bachelors degree from Iowa State University. Otter Creek designs and installs custom awnings, sunrooms and closets for homes and businesses throughout Vermont.last_img read more

Roth Tall honored as Green Up Vermont Citizen of the Year

first_imgRoth “T” Tall Named Governor Deane C. Davis Green Up Citizen of the Year 2008Montpelier: Green Up Vermont named Roth “T” Tall as the Governor Deane C. Davis Green Up Citizen of the year, 2008, with tribute presented at Green Up’s recent Annual Awards Banquet.”T” Tall epitomizes civic mindedness. Without fail, people describe him as: “very public service oriented; very civil minded; willing to serve and help others; amazingly active in his town as well as in the greater picture with Rotary International; no one more civic minded.” It is said that “T” just doesnt say “no;” that he is the guy you go to when everyone else says “no” — he will at least listen and will at least get something going, if not take it on himself. He is said to be first in line to volunteer, whether to pick up Christmas trees or serve on a town board or project.Now living in Cornwall, Vermont, “T” first came to Vermont to go to Middlebury College and in his words, “never looked back.” It was foremost the people here. He majored in geography and was nominated for a Rhodes Scholarship by the department. From 1966 to 1968, he served in the U.S. Army Artillery as Captain and Battery Commander in the Korean War.Then, to T’s good fortune, Middlebury College asked him to come back to the campus. For the next eight years he served as Director of Student Activities and then Assistant Director of Development and Director of Annual Funds. He left to become Director of Development and Alumni Relations for an Ohio institution and then a Campaign Director for two national fund raising consulting firms. Having kept his Vermont house, he found his love for Vermont kept bringing him back, so in 1987 he founded his own consulting firm in Vermont, Ulvik Enterprises, for charitable institutions. He also ran his own apple orchard for five years. In 1999 he retired, though he continues to share his knowledge and skills as needs arise.In 2005, “T” and his wife received the Middlebury College Bicentennial Citizen’s Award for Community Service. Some call “T” “Blue Blooded,” which he is . . . that is, Middlebury Blue!”T”‘s past community service with numerous volunteer organizations includes involvement with: Addison County Home Health and Hospice; Addison County United Way; the American Red Cross local chapter; Cornwall Historical Society; National Society of Fund Raising Executives; Rotary Internationals Group Study Exchange with Korea; and Rotary Club of Middlebury. In every case, “T” was always more than a member. He consistently served as Chair or President of boards and committees and worked in financial development and management. Near and dear to our Green Up effort, “T” was a charter volunteer for the first Green Up Day in 1970 and served as a county chair and then President of the Board of Directors.”T” has also served on the Cornwall Select Board, including chairing it, and on the Planning Commission, also having chaired it. He was instrumental in founding the Middlebury Volunteer Ambulance Association and has served as a board member. Although he describes himself as a retired EMT, he remains actively involved when needed. “T” is Secretary of the Middlebury College Class of 1965 and served as 25th Reunion Co-Chair and Class Agent. He is a Vermont Symphony Orchestra volunteer and in conjunction with his hobby of collecting antique toy trains he annually sets up a layout for the Henry Sheldon Museums Christmas festivity.Especially important to “T” these days, is his work with Rotary International. He is District Governor-elect for 2008 2009, commencing in July. He fervently supports the new international theme to “Make Dreams Real,” which focuses on reducing the enormous numbers of infant mortalities world-wide. This effort has roused massive support from many fronts including a one-hundred million dollar contribution from the Bill and Melinda Gates Foundation. Green Up Vermont thanks “T” for his tireless and continuing efforts to make his community, Vermont and the world a better place for humankind.last_img read more

Intervale Center Settles Compost Dispute

first_imgIntervale Center Settles Compost Dispute;”More than just Compost” is new Intervale ThemeBurlington, Vermont – The Intervale Center and the Chittenden Solid Waste District (CSWD) approved a settlement in principle with the Vermont Attorney General to allow for continued compost operations in the Intervale and the settling of environmental violations related to composting in the Intervale.In a separate agreement, the Intervale Center will lease the Compost operations on its current site in the Intervale to CSWD for a period of up to three years, after which the CSWD will relocate the compost facility to a new site in Chittenden County. This outcome preserves five local jobs in the compost operation and provides a more stable situation for the Intervale Center to continue its core focus on the development of local food systems. The partnership between the Interval Center and CSWD offers a firm foundation for a continued local system to divert organic wastes from landfills. “Having gone through this arduous and expensive regulatory process, I am pleased that we have come to an agreement that will ultimately mean improved and expanded organic waste diversion in our region, while enabling two organizations to do what they do best,” said Intervale Center Executive Director Glenn McRae. “The Intervale Center will now be able to focus its full attention on building a robust and sustainable local food system.”McRae also offered that, “A lot of credit goes to the Chittenden Solid Waste District for their efforts past and present in making this work. The Intervale Center established and ran Vermont’s largest compost operation for 21 years. Now the Chittenden Solid Waste District will take the recycling of food and organic waste to where it needs to be for the future.”The Intervale Center’s mission is to develop farm- and land-based enterprises that generate economic and social opportunity while protecting natural resources. Through the Center’s 20 years of operation, almost 350 acres of formerly abandoned, historically significant agricultural land in Burlington’s Intervale have been reclaimed and put to productive agricultural, recreational, and conservation use. The various enterprises in the Intervale support approximately 100 full-time, part-time and seasonal jobs in agriculture and farms in the Intervale. The agreement with the CSWD will enable the Intervale Center to focus anew on programs that help support viable farms, increase access to fresh local produce, protect water quality through stream bank restoration, and educate young people about agriculture and healthy food.While media attention has been focused on the compost operation’s regulatory strife, much more has continued to grow and happen in the Intervale.–The Intervale Center stewards 350 acres of land with 12 successful, independent farms, which supplied more than 1 million pounds of fresh organic foods to Burlington and the region last year.–The Healthy City Program, employing 25 at-risk youth for the summer, ran a farm operation and won national recognition-the World Hunger Year Harry Chapin Self-Reliance Award-for its creative approach to hunger prevention. The youth project ran a successful community-supported agriculture (CSA) effort despite summer flooding challenges and became the largest local supplier of fresh fruits and vegetables to the Burlington School District.–This year the Intervale Center launched the Food Basket, a multi-farm drop-box program that brings together high-quality vegetables, fruits, meats, and cheese from some of the best farmers in Vermont, and delivers this produce weekly to 120 members at their places of employment.–The Intervale Conservation Nursery survived a devastating fire in its storage area in the spring, and proved quite nimble in salvaging inventory for sale and stabilizing its position so that it could continue its growth toward self-sufficiency. The Nursery worked throughout the state with multiple partners to protect miles of stream and river frontage in cooperation with agricultural uses.–Success on Farms, a support and consulting operation for Vermont farms in partnership with the Vermont Housing and Conservation Board, continued its efforts to aid Vermont farmers in growing independent and successful enterprises throughout the state.–The Intervale Center and the Association of Africans Living in Vermont launched New Farms for New Americans, a market garden project that helps the immigrant and refugee population develop farming enterprises and feed their families.–Efforts to enhance community access and recreational enjoyment of the riches of the Intervale continue as a result of the work of the Intervale Center.”In the last year, with so much focus on compost, it was easy to forget that the Intervale Center, now celebrating 20 years of operations, is so much more and will continue its work in a number of new and exciting ventures connected to our local community,” said Executive Director Glenn McRae.###last_img read more

Paul Frank + Collins Welcomes New Hire Kristina M. Roomet

first_imgThe Burlington law firm Paul Frank + Collins is pleased to announce the addition of Kristina M. Roomet to the firm. Roomet is a member of the Property & Development and Environmental Law teams at PF+C. Her practice focuses on environmental, land use, energy, and health & safety law. Ms. Roomet is a 2008 graduate of Northeastern University School of Law, where she concentrated her studies and internships in the areas of environmental and land use law. Prior to joining Paul Frank + Collins as an associate, Ms. Roomet worked as a Legal Intern for the Massachusetts Office of the Attorney General in the Environmental Protection Division. She previously worked as a Law Clerk for the firms of Cetrulo & Capone, LLP and McRoberts, Roberts, and Rainer, LLP, both in Boston, MA. She has worked as a Judicial Clerk for the Honorable Margaret R. Hinkle in the Suffolk County Superior Court in Boston. She earned her B.A. in Religion studies at Colgate University in 2002. She then worked as the Records Manager and a Paralegal Clerk at Paul Frank + Collins before attending law school.last_img read more

Vermont continues to have by far the lowest foreclosure rate in US

first_img          U.S.                    889,829       144    10.75     20.29      —  —-                    ——-       —    —–     —–       27  Alabama                   6,404       334    74.54   250.14*      —  ——-                   —–       —    —–   ——-      34  Alaska                      588       480     6.72     16.21      —  ——                      —       —     —-     —–       4  Arizona                  47,914        56    -2.45     28.70       –  ——-                  ——        —    —–     —–      23  Arkansas                  4,640       277     1.29     33.56      —  ——–                  —–       —     —-     —–       2  California              253,905        52     9.96     25.32       –  ———-              ——-        —     —-     —–       9  Colorado                 14,597       146    15.80    -10.08       –  ——–                 ——       —    —–    ——      33  Connecticut               3,028       475   -48.47    -38.77      —  ———–               —–       —   ——    ——      32  Delaware                    853       456     3.02     40.99      —  ——–                    —       —     —-     —–          District           of           Columbia                   991       287    18.40    -15.66          ———–                 —       —    —–    ——       3  Florida                 158,043        55    32.56     44.42       –  ——-                 ——-        —    —–     —–       7  Georgia                  31,292       127     9.38     12.75       –  ——-                  ——       —     —-     —–      15  Hawaii                    2,126       238    36.81    328.63      —  ——                    —–       —    —–    ——       6  Idaho                     5,100       124    18.80    144.49       –  —–                     —–       —    —–    ——      10  Illinois                 32,786       160   -15.86     21.93      —  ——–                 ——       —   ——     —–      13  Indiana                  13,869       200    11.33     -0.15      —  ——-                  ——       —    —–     —–      41  Iowa                      1,656       803     5.34     19.83      —  —-                      —–       —     —-     —–      35  Kansas                    2,435       501    -4.55     24.17      —  ——                    —–       —    —–     —–      40  Kentucky                  2,844       670   63.92*    55.07*      —  ——–                  —–       —    —–     —–      38  Louisiana                 3,286       566   66.72*    73.68*      —  ———                 —–       —    —–     —–      42  Maine                       829       840     6.83      0.48      —  —–                       —       —     —-      —-      17  Maryland                  9,320       249     0.33     -1.40      —  ——–                  —–       —     —-     —–      19  Massachusetts            10,778       253    31.55    -33.36      —  ————-            ——       —    —–    ——       8  Michigan                 33,813       134     1.90      2.88       –  ——–                 ——       —     —-      —-      18  Minnesota                 9,134       252    27.34     61.01      —  ———                 —–       —    —–     —–      43  Mississippi               1,475       851    92.06    117.23      —  ————-             —–       —    —–    ——      29  Missouri                  7,290       363    -0.01   -24.66+      —  ——–                  —–       —    —–   ——-      48  Montana                     151     2,884    -1.31    -55.06      —  ——-                     —     —–    —–    ——      45  Nebraska                    418     1,868    88.29    -67.19      —  ——–                    —     —–    —–    ——       1  Nevada                   43,695        25     5.81     77.21       –  ——                   ——        —     —-     —–      25  New Hampshire             2,048       290    -7.96     17.84      —  ————-             —–       —    —–     —–      24  New Jersey               12,524       279     6.96    -27.56      —  ————-            ——       —     —-    ——      31  New Mexico                1,999       431  144.68*    73.83*      —  ————-             —–       —  ——-   ——-      39  New York                 13,664       581    24.03    -14.73      —  ——–                 ——       —    —–    ——      37  North Carolina            7,619       541    27.24    -27.51      —  ————-             —–       —    —–    ——      49  North Dakota                 88     3,529   -27.27    72.55*      —  ————-                —     —–   ——   ——-      11  Ohio                     31,117       163    -1.51    -17.44      —  —-                     ——       —    —–    ——      36  Oklahoma                  3,056       531     4.95    -21.36      —  ——–                  —–       —     —-    ——      12  Oregon                    9,635       167    -8.65    109.05      —  ——                    —–       —    —–    ——      30  Pennsylvania             13,220       414    12.06    27.03*      —  ————-            ——       —    —–   ——-      22  Rhode Island              1,659       272    -3.04     -0.06      —  ————-             —–       —    —–     —–      26  South Carolina            6,799       297    -3.09   113.87*      —  ————-             —–       —    —–   ——-      46  South Dakota                160     2,233    66.67     72.04      —  ————-               —     —–    —–     —–      21  Tennessee                10,477       260     1.11  -12.75++      —  ————-            ——       —     —-  ——–      28  Texas                    26,816       352     6.16     -7.88      —  —–                    ——       —     —-     —–       5  Utah                      8,436       110    37.33    111.91       –  —-                      —–       —    —–    ——      50  Vermont                      14    22,245   -33.33    -62.16      —  ——-                      —    ——   ——    ——      14  Virginia                 15,417       212     4.70     8.75+      —  ——–                 ——       —     —-      —-      16  Washington               11,194       245    15.25     45.00      —  ————-            ——       —    —–     —–      47  West Virginia               341     2,589     1.79     74.87      —  ————-               —     —–     —-     —–      20  Wisconsin                10,058       255    12.88    61.83*      —  ———                ——       —    —–     —–      44  Wyoming                     228     1,063     5.07     43.40      —  ——-                     —     —–     —-     —–                      Properties with Foreclosure Filings                    ———————————–                                                  % Change % Change    Rate     State                      1/every       from    from    Rank     Name               Total  X HU (rate)   May 09  Jun 08    —-     —–              —–    ——–  ——-  ——-     *  Actual increase may not be as high due to data collection changes or       improvements    +  Collection of some records previously classified as NOD in this state       was discontinued starting in January 2009    ++ Collection of some records previously classified as NOD in this state       was discontinued starting in September 2008 U.S. Foreclosure Market Data by State – Q2 2009                            Properties with Foreclosure Filings                            ———————————–     Rate  State     Rank  Name            NOD      LIS      NTS     NFS      REO     —- ——-          —      —      —     —      —       24  Alabama                 2,716       787    38.08  250.90*      —  ——-                 —–       —    —–  ——-      36  Alaska                    210     1,344     9.95     9.38      —  ——                    —     —–     —-     —-       3  Arizona                16,834       158    -0.18    29.99       –  ——-                ——       —    —–    —–      22  Arkansas                1,667       772    -0.24    48.05      —  ——–                —–       —    —–    —–       2  California            101,045       132     9.54    47.15       –  ———-            ——-       —     —-    —–       9  Colorado                5,724       372    17.39    17.34       –  ——–                —–       —    —–    —–      46  Connecticut               227     6,337   -79.48   -86.01      —  ———–               —     —–   ——   ——      29  Delaware                  341     1,140   -11.66    59.35      —  ——–                  —     —–   ——    —–          District           of           Columbia                 417       682    39.46   -19.65          ———–               —       —    —–   ——       4  Florida                52,899       165   -10.24    31.10       –  ——-                ——       —   ——    —–       6  Georgia                14,024       282    33.36    60.94       –  ——-                ——       —    —–    —–      19  Hawaii                    706       718   -13.48   426.87      —  ——                    —       —   ——   ——       8  Idaho                   1,881       335    30.26   182.43       –  —–                   —–       —    —–   ——      11  Illinois               10,796       486    -1.33    32.35      —  ——–               ——       —    —–    —–      13  Indiana                 5,568       499    12.30    14.78      —  ——-                 —–       —    —–    —–      41  Iowa                      560     2,374   -11.81    31.76      —  —-                      —     —–   ——    —–      33  Kansas                    958     1,273     6.56    59.93      —  ——                    —     —–     —-    —–      40  Kentucky                1,129     1,688     4.73   54.45*      —  ——–                —–     —–     —-    —–      34  Louisiana               1,452     1,280   54.30*  148.63*      —  ———               —–     —–    —–  ——-      42  Maine                     292     2,386   -10.15     5.80      —  —–                     —     —–   ——     —-      21  Maryland                3,100       748   -12.40    71.84      —  ——–                —–       —   ——    —–      26  Massachusetts           3,221       845   -11.05     6.27      —  ————-           —–       —   ——     —-       7  Michigan               13,607       333    -2.04    13.16       –  ——–               ——       —    —–    —–      18  Minnesota               3,332       692    12.99    96.69      —  ———               —–       —    —–    —–      39  Mississippi               755     1,662    73.96   122.71      —  ————-             —     —–    —–   ——      27  Missouri                3,112       851    11.30   -9.85+      —  ——–                —–       —    —–    —–      47  Montana                    62     7,025    67.57   -34.04      —  ——-                   —     —–    —–   ——      45  Nebraska                  149     5,240   -11.83   -65.75      —  ——–                  —     —–   ——   ——       1  Nevada                 18,764        59     9.37   115.36       –  ——                 ——        —     —-   ——      37  New Hampshire             438     1,356   -39.75   -12.92      —  ————-             —     —–   ——   ——      25  New Jersey              4,333       808    -1.70   -13.34      —  ————-           —–       —    —–   ——      31  New Mexico                710     1,214   -10.80   89.33*      —  ————-             —     —–   ——  ——-      38  New York                4,850     1,637     0.52    -9.63      —  ——–                —–     —–     —-    —–      35  North Carolina          3,175     1,299    22.73    -8.37      —  ————-           —–     —–    —–    —–      49  North Dakota               32     9,705    39.13   190.91      —  ————-             —     —–    —–   ——      10  Ohio                   11,252       450    -0.95   -14.72      —  —-                   ——       —    —–   ——      32  Oklahoma                1,295     1,253    47.66    10.40      —  ——–                —–     —–    —–    —–      14  Oregon                  3,113       517     1.50    52.08      —  ——                  —–       —     —-    —–      28  Pennsylvania            4,941     1,109    12.91   21.70*      —  ————-           —–     —–    —–  ——-      12  Rhode Island              912       494   128.57    53.79      —  ————-             —       —   ——    —–      30  South Carolina          1,686     1,199   -45.47   58.61*      —  ————-           —–     —–   ——  ——-      44  South Dakota              113     3,161  197.37*  289.66*      —  ————-             —     —–  ——-  ——-      15  Tennessee               4,675       583    30.99   7.27++      —  ———               —–       —    —–    —–      23  Texas                  12,023       785    22.52     8.79      —  —–                  ——       —    —–     —-       5  Utah                    3,471       267    18.59   131.25       –  —-                    —–       —    —–   ——      50  Vermont                    11    28,312    83.33   -66.67      —  ——-                   —    ——    —–   ——      17  Virginia                5,188       631    -3.66   -1.27+      —  ——–                —–       —    —–    —–      16  Washington              4,678       587    22.05   70.61*      —  ————-           —–       —    —–  ——-      48  West Virginia             114     7,743    12.87    35.71      —  ————-             —     —–    —–    —–      20  Wisconsin               3,531       725     0.83   49.43*      —  ———               —–       —     —-    —–      43  Wyoming                    84     2,885     3.70     7.69      —  ——-                   —     —–     —-     —-       24  Alabama             0       0    1,966       0     750      —  ——-           —     —    —–     —     —      36  Alaska              0       0      165       0      45      —  ——            —     —      —     —     —       3  Arizona            12       0   11,263       0   5,559       –  ——-           —     —   ——     —   —–      22  Arkansas          143       0    1,062       0     462      —  ——–          —     —    —–     —     —       2  California     44,258       0   36,145       0  20,642       –  ———-     ——     —   ——     —  ——       9  Colorado            6       0    4,004       0   1,714       –  ——–          —     —    —–     —   —–      46  Connecticut         0      56        0     115      56      —  ———–       —     —      —     —     —      29  Delaware            0       0        0     235     106      —  ——–          —     —      —     —     —          District           of           Columbia         186       0      155       0      76          ———–       —     —      —     —     —       4  Florida             0  32,220        0  13,312   7,367       –  ——-           —  ——      —  ——   —–       6  Georgia             1       0   11,050       0   2,973       –  ——-           —     —   ——     —   —–      19  Hawaii            155       0      460       0      91      —  ——            —     —      —     —     —       8  Idaho           1,098       0      745       0      38       –  —–           —–     —      —     —     —      11  Illinois            0   3,648        0   3,998   3,150      —  ——–          —   —–      —   —–   —–      13  Indiana             0   1,776        0   2,282   1,510      —  ——-           —   —–      —   —–   —–      41  Iowa                0       0      266       0     294      —  —-              —     —      —     —     —      33  Kansas              0     215        0     491     252      —  ——            —     —      —     —     —      40  Kentucky            0     415        0     414     300      —  ——–          —     —      —     —     —      34  Louisiana           0     131        0   1,046     275      —  ———         —     —      —   —–     —      42  Maine               0      99        0     157      36      —  —–             —     —      —     —     —      21  Maryland            0   2,251        0     246     603      —  ——–          —   —–      —     —     —      26  Massachusetts       0   2,048        0     771     402      —  ————-     —   —–      —     —     —       7  Michigan            0       0    7,965       0   5,642       –  ——–          —     —    —–     —   —–      18  Minnesota           7       0    1,736       0   1,589      —  ———         —     —    —–     —   —–      39  Mississippi         0       0      441       0     314      —  ————-     —     —      —     —     —      27  Missouri            1       0    1,567       0   1,544      —  ——–          —     —    —–     —   —–      47  Montana             0       0        2       0      60      —  ——-           —     —      —     —     —      45  Nebraska            0     128        0       3      18      —  ——–          —     —      —     —     —       1  Nevada          8,726       0    6,252       0   3,786       –  ——          —–     —    —–     —   —–      37  New Hampshire       0       0      417       0      21      —  ————-     —     —      —     —      —      25  New Jersey          0   2,405        0   1,325     603      —  ————-     —   —–      —   —–     —      31  New Mexico          0     303        0     273     134      —  ————-     —     —      —     —     —      38  New York            0   3,614        0     756     480      —  ——–          —   —–      —     —     —      35  North Carolina    767       0    1,184       0   1,224      —  ————-     —     —    —–     —   —–      49  North Dakota        0       0        0      19      13      —  ————-     —     —      —     —     —      10  Ohio                0   4,121        0   3,981   3,150      —  —-              —   —–      —   —–   —–      32  Oklahoma          445       0      532       0     318      —  ——–          —     —      —     —     —      14  Oregon             36       0    2,125       0     952      —  ——            —     —    —–     —     —      28  Pennsylvania        0   1,945        0   2,020     976      —  ————-     —   —–      —   —–     —      12  Rhode Island        0       0       30       0     882      —  ————-     —     —      —     —     —      30  South Carolina      0     996        0     214     476      —  ————-     —     —      —     —     —      44  South Dakota        0      81        0      30       2      —  ————-     —     —      —     —     —      15  Tennessee           0       0    2,782       0   1,893      —  ———         —     —    —–     —   —–      23  Texas              13       0    7,668       0   4,342      —  —–             —     —    —–     —   —–       5  Utah            1,170       0    1,571       0     730       –  —-            —–     —    —–     —     —      50  Vermont             0       0        0       0      11      —  ——-           —     —      —     —     —      17  Virginia            7       0    3,531       0   1,650      —  ——–          —     —    —–     —   —–      16  Washington          0       0    3,642       0   1,036      —  ————-     —     —    —–     —   —–      48  West Virginia       0       0      101       0      13      —  ————-     —     —      —     —     —      20  Wisconsin           0   1,719        0     934     878      —  ———         —   —–      —     —     —      43  Wyoming             0       0       48       0      36      —  ——-           —     —      —     —     —     *  Actual increase may not be as high due to data collection changes or       improvements    +  Collection of some records previously classified as NOD in this state       was discontinued starting in January 2009    ++ Collection of some records previously classified as NOD in this state       was discontinued starting in September 2008 U.S. Foreclosure Market Data by State – June 2009                        Properties with Foreclosure Filings                        ———————————–    Rate  State    Rank  Name             NOD     LIS     NTS      NFS    REO    —- ——-           —     —     —      —    — A national rating firm has once again ranked Vermont as having the lowest home foreclosure rate in the nation, based on second quarter and year-to-date numbers. Vermont has both the fewest foreclosures over the first half of the year and the lowest rate as a percentage of housing units. Vermont’s rate of foreclosure has actually improved this quarter against both the first quarter of this year and compared to the first six months of last year. For the first six months, Vermont’s rate was one foreclosure for every 8,898 housing units. The worst states continue to be the Nevada (one in 16) , Arizona ( one in 30) and Florida (one in 33), as far as having the highest rate of foreclosure and Nevada, Arizona and Florida have the highest number of foreclosures. Vermont’s rate was nearly six times lower than the next best state, North Dakota (one in 1,553).RealtyTrac((R)) (www.realtytrac.com(link is external)), the leading online marketplace for foreclosure properties, today released its Midyear 2009 U.S. Foreclosure Market Report, which shows a total of 1,905,723 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,528,364 U.S. properties in the first six months of 2009, a 9 percent increase in total properties from the previous six months and a nearly 15 percent increase in total properties from the first six months of 2008. The report also shows that 1.19 percent of all U.S. housing units (one in 84) received at least one foreclosure filing in the first half of the year.Foreclosure filings were reported on 336,173 U.S. properties in June, the fourth straight monthly total exceeding 300,000 and helping to boost the second quarter total to the highest quarterly total since RealtyTrac began issuing its report in the first quarter of 2005. Foreclosure filings were reported on 889,829 U.S. properties in the second quarter, an increase of nearly 11 percent from the previous quarter and a 20 percent increase from the second quarter of 2008.”In spite of the industry-wide moratorium earlier this year, along with local, state and national legislative action and increased levels of loan modification activity, foreclosure activity continues to increase to record levels,” noted James J. Saccacio, chief executive officer of RealtyTrac. “Unemployment-related foreclosures account for much of this increased activity, and the high number of borrowers who find themselves owing more on their mortgages than their homes’ are now worth represent a potentially significant future risk. Stemming the tide of foreclosures is a critical component to stabilizing the housing market, so it is imperative that the lending industry and the government work in tandem to find new approaches to address this issue.”Nevada, Arizona, Florida post top state foreclosure ratesMore than 6 percent of Nevada housing units (one in 16) received at least one foreclosure filing in the first half of 2009, giving it the nation’s highest foreclosure rate during the six-month period. A total of 68,708 Nevada properties received a foreclosure filing from January to June, an increase of 23 percent from the previous six months and an increase of 61 percent from the first half of 2008.Arizona registered the nation’s second highest state foreclosure rate in the first half of 2009, with 3.37 percent of its housing units (one in 30) receiving at least one foreclosure filing, and Florida registered the nation’s third highest state foreclosure rate, with 3.08 percent of its housing units (one in 33) receiving at least one foreclosure filing.Other states with foreclosure rates ranking among the nation’s 10 highest were California (2.94 percent), Utah (1.46 percent), Georgia (1.42 percent), Michigan (1.34 percent), Illinois (1.31 percent), Idaho (1.26 percent) and Colorado (1.25 percent).California, Florida, Arizona post highest foreclosure totalsA total of 391,611 California properties received a foreclosure filing in the first half of 2009, the nation’s highest total and 2.94 percent of the state’s housing units (one in 34) — the nation’s fourth highest state foreclosure rate. California foreclosure activity in the first half of 2009 increased nearly 14 percent from the previous six months and increased nearly 15 percent from the first half of 2008.With 268,064 properties receiving a foreclosure filing in the first six months of 2009, Florida documented the second highest state total. Florida foreclosure activity in the first half of 2009 increased 7 percent from the previous six months and was up nearly 42 percent from the first half of 2008.Arizona’s 89,799 properties receiving a foreclosure filing in the first six months of 2009 was the third highest state total. Arizona foreclosure activity in the first half of 2009 increased 13 percent from the previous six months and was up nearly 55 percent from the first half of 2008.Other states with totals among the 10 highest in the country were Illinois (68,932), Nevada (68,708), Michigan (60,786), Ohio (58,937), Georgia (56,391), Texas (49,144) and Virginia (28,368).Report methodologyThe RealtyTrac U.S. Foreclosure Market Report provides a count of the total number of properties with at least one foreclosure filing reported during the first half of the year at the state and national level. Data is also available at the individual county level. Data is collected from more than 2,200 counties nationwide, and those counties account for more than 90 percent of the U.S. population. RealtyTrac’s report incorporates documents filed in all three phases of foreclosure: Default — Notice of Default (NOD) and Lis Pendens (LIS); Auction — Notice of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS); and Real Estate Owned, or REO properties (that have been foreclosed on and repurchased by a bank). If more than one foreclosure document is filed against a property during six-month period, only the most recent filing is counted in the report.U.S. Foreclosure Market Data by State – Jan to Jun 2009                                                        % Change  % Change                          Total                           from      from    Rate              Properties     %Housing 1/every X  Jul-Dec   Jan-Jun    Rank   State Name with Filings      Units     HU        08        08    —-   ———- ————    ——-  ——— ——– ———-center_img           U.S.           57,031  58,171  108,875  32,622  79,474      —  —-           ——  ——  ——-  ——  ——     *   Actual increase may not be as high due to data collection changes or        improvements    +   Collection of some records previously classified as NOD in this state        was discontinued starting in January 2009    ++  Collection of some records previously classified as NOD in this state        was discontinued starting in September 2008 U.S. Foreclosure Rates Heat Map – June 2009(Photo: http://www.newscom.com/cgi-bin/prnh/20090716/LA47428(link is external))About RealtyTrac Inc.Ranked as the third largest real estate site by MediaMetrix and No. 53 on Inc. magazine’s 2006 Inc. 500 list of the nation’s fastest-growing private companies, RealtyTrac Inc. (www.realtytrac.com(link is external)), is the leading online marketplace for foreclosure properties, providing all the resources that home seekers, investors and real estate agents need to locate, evaluate and buy properties below market value.Founded in 1996, RealtyTrac publishes the largest and most comprehensive national database of pre-foreclosure, foreclosure, For Sale By Owner, resale and new homes, with more than 1 million properties across the country, property reports, productivity tools and extensive professional resources. RealtyTrac hosts nearly 3 million unique visitors monthly and has been chosen to supply foreclosure data to MSN Real Estate, Yahoo! Real Estate and The Wall Street Journal’s Real Estate Journal. For current news and information regarding foreclosure-related issues and trends, visit our blog at www.ForeclosurePulse.com(link is external).Source: RealtyTrac.  IRVINE, Calif., July 16 /PRNewswire/       —      U.S.        1,528,364      1.19      84      9.46     14.66              —-        ———      —-      —      —-     —–       30 Alabama             9,657      0.45     221   125.47*   179.75*       — ——-             —–      —-     —    ——    ——       34 Alaska              1,072      0.38     263     -8.22     18.45       — ——              —–      —-     —     —–     —–        2 Arizona            89,799      3.37      30     13.28     54.51        – ——-            ——      —-      —     —–     —–       25 Arkansas            8,646      0.67     149      8.75     25.69       — ——–            —–      —-     —      —-     —–        4 California        391,611      2.94      34     13.69     14.52        – ———-        ——-      —-      —     —–     —–       10 Colorado           26,565      1.25      80     -0.70    -18.62       — ——–           ——      —-      —     —–    ——       27 Connecticut         8,801      0.61     163    -16.56    -31.18       — ———–         —–      —-     —    ——    ——       32 Delaware            1,559      0.40     249      0.26     32.01       — ——–            —–      —-     —      —-     —–          District           of           Columbia           1,776      0.62     160    -11.90    -31.06          ———–         —–      —-     —    ——    ——        3 Florida           268,064      3.07      33      7.16     41.95        – ——-           ——-      —-      —      —-     —–        6 Georgia            56,391      1.42      70     17.79     16.06        – ——-            ——      —-      —     —–     —–       18 Hawaii              3,603      0.71     141     53.19    296.81       — ——              —–      —-     —     —–    ——        9 Idaho               7,952      1.26      79     46.20   112.90*        – —–               —–      —-      —     —–    ——        8 Illinois           68,932      1.31      76     19.23     29.46        – ——–           ——      —-      —     —–     —–       13 Indiana            24,665      0.89     113     -2.89    -10.77       — ——-            ——      —-     —     —–    ——       41 Iowa                2,996      0.23     444      1.32      3.67       — —-                —–      —-     —      —-      —-       33 Kansas              4,660      0.38     262     17.71     43.61       — ——              —–      —-     —     —–     —–       40 Kentucky            4,356      0.23     438     -4.68    28.95*       — ——–            —–      —-     —     —–     —–       39 Louisiana           5,160      0.28     360    40.95*    34.38*       — ———           —–      —-     —     —–     —–       42 Maine               1,540      0.22     452     -6.95     10.63       — —–               —–      —-     —     —–     —–       15 Maryland           18,112      0.78     128      3.38      2.76       — ——–           ——      —-     —      —-      —-       23 Mass.              18,458      0.68     147      6.24    -43.73       — —–              ——      —-     —      —-    ——        7 Michigan           60,786      1.34      74      1.29     -1.28        – ——–           ——      —-      —      —-     —–       24 Minnesota          15,537      0.67     148     36.41     52.74       — ———          ——      —-     —     —–     —–       43 Mississippi         2,175      0.17     577     89.46    94.37*       — ———–         —–      —-     —     —– ———       28 Missouri           13,880      0.52     191   -17.13+   -21.11+       — ——–           ——      —-     —    ——    ——       48 Montana               290      0.07   1,502    -49.03    -59.61       — ——-               —      —-   —–    ——    ——       45 Nebraska              638      0.08   1,224    -48.92    -69.65       — ——–              —      —-   —–    ——    ——        1 Nevada             68,708      6.23      16     23.26     61.33        – ——             ——      —-      —     —–     —–       22 New Hampshire       4,044      0.68     147      5.23     24.16       — ———–         —–      —-     —      —-     —–       21 New Jersey         23,889      0.68     146    -29.28    -30.25       — ———-         ——      —-     —    ——    ——       37 New Mexico          2,631      0.31     328    43.69*    11.11*       — ———-          —–      —-     —     —–     —–       38 New York           24,210      0.30     328     10.67    -18.87       — ——–           ——      —-     —     —–    ——       36 North Carolina     12,642      0.31     326    -25.88    -37.91       — ———–        ——      —-     —    ——    ——       49 North Dakota          200      0.06   1,553    -24.24    85.19*       — ———–           —      —-   —–    —— ———       12 Ohio               58,937      1.16      86     -5.81    -14.76       — —-               ——      —-      —     —–    ——       35 Oklahoma            5,609      0.35     289    -13.49    -27.03       — ——–            —–      —-     —    ——    ——       11 Oregon             19,053      1.18      84     56.20    122.43       — ——             ——      —-      —     —–    ——       31 Pennsylvania       23,864      0.44     230      3.27    24.61*       — ————       ——      —-     —      —- ———       19 Rhode Island        3,172      0.70     142    -11.52     -7.95       — ————        —–      —-     —    ——     —–       26 South Carolina     13,145      0.65     154     33.32   125.12*       — ————       ——      —-     —     —– ———       47 South Dakota          256      0.07   1,395      4.92     59.01       — ————          —      —-   —–      —-     —–       16 Tennessee          20,365      0.75     134     -4.05  -20.96++       — ———          ——      —-     —     —–   ——-       29 Texas              49,144      0.52     192      6.25    -14.38       — —–              ——      —-     —      —-    ——        5 Utah               13,496      1.46      69     37.43     87.65        – —-               ——      —-      —     —–     —–       50 Vermont                35      0.01   8,898    -55.70    -42.62       — ——-                —      —-   —–    ——    ——       14 Virginia           28,368      0.87     115    -3.05+     3.76+       — ——–           ——      —-     —     —–      —-       17 Washington         19,855      0.72     138     23.17     43.01       — ———-         ——      —-     —     —–     —–       46 West Virginia         663      0.08   1,331    111.82     73.56       — ————          —      —-   —–    ——     —–       20 Wisconsin          17,984      0.70     142     70.92    49.69*       — ———          ——      —-     —     —–     —–       44 Wyoming               413      0.17     587    -10.22     43.40       — ——-               —      —-     —    ——     —–       —  U.S.           155,400  181,722  266,833  89,617  196,257          —-           ——-  ——-  ——-  ——  ——-      27  Alabama              1        0    4,847       0    1,556      —  ——-            —      —    —–     —    —–      34  Alaska               7        0      449       0      132      —  ——             —      —      —     —      —       4  Arizona             23        0   34,872       0   13,019       –  ——-             —      —   ——     —   ——      23  Arkansas           418        0    3,106       0    1,116      —  ——–           —      —    —–     —    —–       2  California     124,275        0   84,211       0   45,419       –  ———-     ——-      —   ——     —   ——       9  Colorado            41        0   10,938       0    3,618       –  ——–           —      —   ——     —    —–      33  Connecticut          0    2,100        0     312      616      —  ———–        —    —–      —     —      —      32  Delaware             0        0        0     609      244      —  ——–           —      —      —     —      —          District           of           Columbia          365        0      452       0      174          ———–        —      —      —     —      —       3  Florida              0  101,602        0  37,664   18,777       –  ——-            —  ——-      —  ——   ——       7  Georgia              2        0   22,057       0    9,233       –  ——-            —      —   ——     —    —–      15  Hawaii             535        0    1,380       0      211      —  ——             —      —    —–     —      —       6  Idaho            2,433        0    2,552       0      115       –  —–            —–      —    —–     —      —      10  Illinois             0   11,807        0  12,130    8,849      —  ——–           —   ——      —  ——    —–      13  Indiana              0    4,767        1   5,697    3,404      —  ——-            —    —–      —   —–    —–      41  Iowa                 0        0      701       0      955      —  —-               —      —      —     —      —      35  Kansas               0      480        0   1,238      717      —  ——             —      —      —   —–      —      40  Kentucky             0      976        0   1,179      689      —  ——–           —      —      —   —–      —      38  Louisiana            0      134        0   2,498      654      —  ———          —      —      —   —–      —      42  Maine                0      263        0     500       66      —  —–              —      —      —     —       —      17  Maryland             0    6,543        0   1,101    1,676      —  ——–           —    —–      —   —–    —–      19  Massachusetts        0    7,178        0   1,994    1,606      —  ————-      —    —–      —   —–    —–       8  Michigan             0        0   19,444       0   14,369       –  ——–           —      —   ——     —   ——      18  Minnesota           63        0    5,342       0    3,729      —  ———          —      —    —–     —    —–      43  Mississippi          0        0    1,131       0      344      —  ————-      —      —    —–     —      —      29  Missouri             3        0    4,107       0    3,180      —  ——–           —      —    —–     —    —–      48  Montana              0        0       15       0      136      —  ——-            —      —      —     —      —      45  Nebraska             0      376        0       7       35      —  ——–           —      —      —     —       —       1  Nevada          21,713        0   12,963       0    9,019       –  ——          ——      —   ——     —    —–      25  New Hampshire        0        0    1,607       0      441      —  ————-      —      —    —–     —      —      24  New Jersey           0    7,660        0   3,202    1,662      —  ————-      —    —–      —   —–    —–      31  New Mexico           0    1,038        0     670      291      —  ————-      —    —–      —     —      —      39  New York             0   10,082        0   2,181    1,401      —  ——–           —   ——      —   —–    —–      37  North Carolina   1,257        0    3,263       0    3,099      —  ————-    —–      —    —–     —    —–      49  North Dakota         0        1        0      48       39      —  ————-      —      —      —     —      —      11  Ohio                 0   12,000        0  10,163    8,954      —  —-               —   ——      —  ——    —–      36  Oklahoma           936        0    1,487       0      633      —  ——–           —      —    —–     —      —      12  Oregon             221        0    7,225       0    2,189      —  ——             —      —    —–     —    —–      30  Pennsylvania         0    5,341        0   4,900    2,979      —  ————-      —    —–      —   —–    —–      22  Rhode Island        13        0      420       0    1,226      —  ————-      —      —      —     —    —–      26  South Carolina       0    3,970        0     999    1,830      —  ————-      —    —–      —     —    —–      46  South Dakota         0       81        0      74        5      —  ————-      —      —      —     —      —      21  Tennessee            0        0    6,090       0    4,387      —  ———          —      —    —–     —    —–      28  Texas               39        0   15,541       0   11,236      —  —–              —      —   ——     —   ——       5  Utah             3,041        0    3,252       0    2,143       –  —-             —–      —    —–     —    —–      50  Vermont              0        0        1       0       13      —  ——-            —      —     —      —      —      14  Virginia            13        0   10,917       0    4,487      —  ——–           —      —   ——     —    —–      16  Washington           0        0    8,013       0    3,181      —  ————-      —      —    —–     —    —–      47  West Virginia        0        0      311       0       30      —  ————-      —      —      —     —      —      20  Wisconsin            0    5,323        0   2,451    2,284      —  ———          —    —–      —   —–    —–      44  Wyoming              1        0      138       0       89      —  ——-            —      —      —     —      —           U.S.                  336,173       380     4.57    33.21      —  —-                  ——-       —     —-    —–                           Properties with Foreclosure Filings                           ———————————–                                                     % Change  % Change    Rate     State                           1/every    from     from    Rank     Name                 Total   X HU (rate)  Q1 09     Q2 08    —-     —–                —–   ———– ——-   ——-last_img read more

Union Bankshares reports growth in annual, quarterly net income

first_imgUnion Bank,Union Bankshares, Inc. (NASDAQ ‘ UNB) has announced Net Income for the fourth quarter 2010 of $1.38 million or $0.31 per share compared to $1.28 million or $0.29 per share for 2009. Net Income for the year ended December 31, 2010 was $5.59 million or $1.25 per share compared to $5.23 million or $1.17 per share for the same period in 2009. Results for 2010 reflect a year-to-year increase in net interest income of $868 thousand or 4.84% and in net income of $360 thousand or 6.9%. The increase in net interest income was mainly driven by the reduction in interest expense despite the 8.4% growth in average core deposits, including noninterest bearing demand deposit accounts during 2010, while interest rates paid on renewing time deposits continued to decrease and volume dropped 5.6% on average for 2010. The absence of the 2009 special FDIC assessment of $191 thousand and the reduction in costs on impaired assets from $415 thousand to $241 thousand from 2009 to 2010 were major factors in noninterest expenses rising only 3.2% from 2009 to 2010 despite the addition of a Loan Center and strong loan growth. These positive factors were partially offset by an increase in the loan loss provision from $400 thousand to $520 thousand due mainly to the growth and composition of the loan portfolio.Total Loans grew to $382.1 million, or 6.6%, as of December 31, 2010 from $358.2 million as of December 31, 2009 despite the Company selling $51 million of residential mortgage loans to the secondary market during 2010 to manage long-term interest rate risk. Total deposits reached $376.7 million compared to $368.8 million at the prior year end. The Company’s net loan-to-deposit ratio was 100.0% atDecember 31, 2010 versus 96.2% at December 31, 2009. The Company had capital of $42.1 million with a book value per share of $9.46 as of December 31, 2010, compared to a total of $41.2 million and $9.23 per share at December 31, 2009.A quarterly cash dividend of $.25 per share was declared on January 19, 2011 to shareholders of record January 29, 2011, payable February 10, 2011. Total dividends paid per share for 2010 and 2009 were $1.00.Union Bankshares, Inc., with headquarters in Morrisville, Vermont, is the bank holding company parent of Union Bank, which offers deposit, loan, trust and commercial banking services throughout northernVermont and northwestern New Hampshire. As of December 31, 2010, the Company had approximately $454 million in consolidated assets compared to $448 million at the end of the prior year. The Company operates 13 banking offices, a loan center and 29 ATM facilities in Vermont, a branch and ATM in Littleton, New Hampshire. Union Bank has been helping people buy homes and local businesses create jobs in area communities since 1891. Union Bank has earned an outstanding reputation for residential lending programs, is an SBA Preferred lender and has an outstanding Community Reinvestment Act rating. Union is proud to be one of the few community banks serving Vermont and New Hampshire and maintains a strong commitment to traditional values. Union is dedicated to providing genuine customer service and community support, donating tens of thousands of dollars to local nonprofits annually. These values’combined with financial expertise, quality products and the latest technology’make Union Bank the premier choice for your banking services, both personal and commercial.. Member FDIC. Equal Housing Lender.Statements made in this press release that are not historical facts are forward-looking statements.  Investors are cautioned that all forward-looking statements necessarily involve risks and uncertainties, and many factors could cause actual results and events to differ materially from those contemplated in the forward-looking statements. When we use any of the words ‘believes,’ ‘expects,’ ‘anticipates’ or similar expressions, we are making forward-looking statements. The following factors, among others, could cause actual results and events to differ from those contemplated in the forward-looking statements:  uncertainties associated with general economic conditions; changes in the interest rate environment; inflation; political, legislative or regulatory developments; acts of war or terrorism; the markets’ acceptance of and demand for the Company’s products and services; technological changes, including the impact of the internet on the Company’s business and on the financial services market place generally; the impact of competitive products and pricing; and dependence on third party suppliers.  For further information, please refer to the Company’s reports filed with the Securities and Exchange Commission at www.sec.gov(link is external). Morrisville, VT January 19, 2011 ‘last_img read more

Vermont leads nation in home value increase

first_imgSingle FamilySingle Family   Excluding DistressedChicago-Joliet-Naperville, IL-10.5%-1.9%Atlanta-Sandy Springs-Marietta, GA-8.2%-3.5%Los Angeles-Long Beach-Glendale, CA-5.7%0.5%Riverside-San Bernardino-Ontario, CA-5.7%-3.7%Phoenix-Mesa-Glendale, AZ-4.9%-5.3%Houston-Sugar Land-Baytown, TX-3.4%1.0%Philadelphia, PA-0.7%0.6%Dallas-Plano-Irving, TX0.2%2.4%Washington-Arlington-Alexandria, DC-VA-MD-WV0.2%2.3%New York-White Plains-Wayne, NY-NJ1.3%1.9%Source: CoreLogic. November HPI State and National Ranking: Vermont saw the single largest appreciation in home values in November of any state and was one of only nine states to see an increase over the last 12 months. CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released its November Home Price Index (HPI®) report, the most timely and comprehensive source of home prices available today, which shows that home prices in the US decreased 1.4 percent on a month-over-month basis, the fourth consecutive monthly decline.According to the CoreLogic HPI, national home prices, including distressed sales, also declined by 4.3 percent on a year-over-year basis in November 2011 compared to November 2010.  This follows a decline of 3.7 percent* in October 2011 compared to October 2010. Excluding distressed sales, year-over-year prices declined by 0.6 percent in November 2011 compared to November 2010 and by 1.6* percent in October 2011 compared to October 2010.  Distressed sales include short sales and real estate owned (REO) transactions.     “With one month of data left to report, it appears that the healthy, non-distressed market will be very modestly down in 2011. Distressed sales continue to put downward pressure on prices, and is a factor that must be addressed in 2012 for a housing recovery to become a reality,” said Mark Fleming, chief economist for CoreLogic. Highlights as of November 2011Including distressed sales, the five states with the highest appreciation were:  Vermont (+4.3 percent), South Carolina (+2.8 percent), District of Columbia (+2.1 percent), Nebraska (+1.9 percent) and New York (+1.7 percent).Including distressed sales, the five states with the greatest depreciation were: Nevada (-11.2 percent), Illinois (-9.7 percent), Minnesota (-7.8 percent), Georgia (-7.7 percent) and Ohio (-7.2 percent).Excluding distressed sales, the five states with the highest appreciation were: Maine (+4.9 percent), South Carolina (+4.9 percent), Montana (+3.8 percent), Indiana (+3.3 percent) andLouisiana (+2.4 percent).Excluding distressed sales, the five states with the greatest depreciation were: Nevada (-8.8 percent), Arizona (-4.9 percent), Minnesota (-4.7 percent), Idaho (-4.1 percent) and Georgia (-3.6 percent).Including distressed transactions, the peak-to-current change in the national HPI (from April 2006to November 2011) was -32.8 percent.  Excluding distressed transactions, the peak-to-current change in the HPI for the same period was -23.1 percent. Of the top 100 Core Based Statistical Areas (CBSAs) measured by population, 77 are showing year-over-year declines in November, three fewer than in October. Full-month November 2011 national, state-level and top CBSA-level data can be found athttp://www.corelogic.com/HPINovember2011(link is external).*October data was revised.  Revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results.   November HPI for the Country’s Largest CBSAs by Population: Single FamilySingle FamilyExcluding DistressedNational-4.3%-0.6%Nevada-11.2%-8.8%Illinois-9.7%-2.1%Minnesota-7.8%-4.7%Georgia-7.7%-3.6%Ohio-7.2%0.3%Rhode Island-6.3%-3.6%California-5.9%-0.9%Arizona-5.8%-4.9%Idaho-5.8%-4.1%Washington-5.2%-1.2%New Hampshire-4.7%-1.2%Wisconsin-4.6%-2.4%New Mexico-4.5%-0.9%Alabama-4.5%1.7%Utah-4.4%0.5%Delaware-4.3%-2.1%Missouri-4.2%-1.1%Massachusetts-3.8%1.2%Florida-3.7%-0.7%Wyoming-3.4%1.8%Kentucky-3.1%-0.7%Oregon-2.6%-1.8%Maryland-2.4%-0.5%North Dakota-2.4%1.4%New Jersey-2.3%-2.5%Connecticut-2.2%-1.5%Maine-2.0%4.9%Louisiana-1.7%2.4%Hawaii-1.6%-0.5%Kansas-1.0%1.6%North Carolina-0.8%-0.3%Iowa-0.6%0.4%Texas-0.6%1.9%Arkansas-0.5%0.1%Tennessee-0.5%0.9%Michigan-0.2%-3.5%West Virginia-0.1%-1.8%Colorado-0.1%0.8%Mississippi0.0%0.2%Oklahoma0.0%1.0%Pennsylvania0.0%1.4%Virginia0.4%1.8%Indiana0.7%3.3%Montana0.9%3.8%Alaska1.2%1.8%South Dakota1.3%2.4%New York1.7%1.7%Nebraska1.9%2.1%District of Columbia2.1%0.7%South Carolina2.8%4.9%Vermont4.3%1.5%Source: CoreLogic. MethodologyThe CoreLogic HPI incorporates more than 30 years’ worth of repeat sales transactions, representing more than 65 million observations sourced from CoreLogic industry-leading property information and its securities and servicing databases. The CoreLogic HPI provides a multi-tier market evaluation based on price, time between sales, property type, loan type (conforming vs. nonconforming), and distressed sales. The CoreLogic HPI is a repeat-sales index that tracks increases and decreases in sales prices for the same homes over time, including single-family attached and single-family detached homes, which provides a more accurate “constant-quality” view of pricing trends than basing analysis on all home sales. The CoreLogic HPI provides the most comprehensive set of monthly home price indices and median sales prices available covering 6,638 ZIP codes (58 percent of total U.S. population), 608 Core Based Statistical Areas (86 percent of total U.S. population) and 1,154 counties (84 percent of total U.S. population) located in all 50 states and the District of Columbia.  About CoreLogicCoreLogic (NYSE: CLGX) is a leading provider of consumer, financial and property information, analytics and services to business and government. The Company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built one of the largest and most comprehensive U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations. The Company, headquartered in Santa Ana, Calif., has more than 5,000 employees globally. For more information visit www.corelogic.com(link is external). Source:  CoreLogicThe data provided is for use only by the primary recipient or the primary recipient’s publication or broadcast. This data may not be re-sold, republished or licensed to any other source, including publications and sources owned by the primary recipient’s parent company without prior written permission from CoreLogic.  Any CoreLogic data used for publication or broadcast, in whole or in part, must be sourced as coming from CoreLogic, a data and analytics company. For use with broadcast or web content, the citation must directly accompany first reference of the data.  If the data is illustrated with maps, charts, graphs or other visual elements, the CoreLogic logo must be included on screen or web site.  For questions, analysis or interpretation of the data, contact Lori Guyton at lguyton@cvic.com(link sends e-mail) or Bill Campbell at bill@campbelllewis.com(link sends e-mail) . Data provided may not be modified without the prior written permission of CoreLogic.  Do not use the data in any unlawful manner. This data is compiled from public records, contributory databases and proprietary analytics, and its accuracy is dependent upon these sources. CORELOGIC, the stylized CoreLogic logo and HPI are registered trademarks owned by CoreLogic, Inc. and/or its subsidiaries. No trademark of CoreLogic shall be used without the express written consent of CoreLogic.SOURCE CoreLogic  SANTA ANA, Calif., Jan. 9, 2012  /PRNewswire/ — November 2011 12-Month HPIState Change by State November 2011 12-Month HPICBSA Change by CBSAlast_img read more