Tfairly strong, but in some cities there are a lot of properties sitting empty.
he housing market may be
According to RealtyTrac, a real estate research firm, 1.6% of the 84 million residential properties in America are sitting empty.
None of them, of course, are anywhere near Northern Virginia. The top two are in Michigan, in Flint and in the Detroit area, respectively:We've gone over RealtyTrac's data and found the 12 housing markets that have a vacancy rate of at least 3%.
1. Flint, MI
Number of Vacant Homes: 11,6052. Detroit-Warren-Dearborn, MI
Total Residential Properties: 154,137
Vacancy Rate: 7.5%
Number of Vacant Homes: 81,190See the whole article at Business Insider.
Total Residential Properties: 1,539,609
Vacancy Rate: 5.3%
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