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Thursday, February 11, 2016

Here are the 12 US markets with the most vacant homes

Interesting - here's Business Insider:
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.
We've gone over RealtyTrac's data and found the 12 housing markets that have a vacancy rate of at least 3%.
None of them, of course, are anywhere near Northern Virginia. The top two are in Michigan, in Flint and in the Detroit area, respectively:

1. Flint, MI
Number of Vacant Homes: 11,605
Total Residential Properties: 154,137
Vacancy Rate: 7.5%
2. Detroit-Warren-Dearborn, MI
Number of Vacant Homes: 81,190
Total Residential Properties: 1,539,609
Vacancy Rate: 5.3%
See the whole article at Business Insider.

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