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Burlington Standard

Monday, May 20, 2024

In 2021, he Addison County housing vacancy rate was 2.4%. A 6% to 8% vacancy rate is considered healthy

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Free to use Person with keys for real estate | Oleksandr Pidvalnyi

Free to use Person with keys for real estate | Oleksandr Pidvalnyi

In 2021, he Addison County housing vacancy rate was 2.4%. A 6% to 8% vacancy rate is considered healthy. Summit Properties  has partnered with Middlebury College  to build 150 to 250 units of affordable and market-rate housing in downtown Middlebury in effort to combat the shortfall. The development will include a mix of apartments, multifamily homes and single-family homes. You can learn more about this story here: 

https://vtdigger.org/.../up-to-250-units-planned-to-help.../   

Original source can be found here.

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