U.S. Single-Family Vacancies Remain High

posted on February 11th, 2010 filed under: Real Estate News

The Census Bureau recently reported that the percentage of single-family homes standing vacant ticked up in the 4th quarter of 2009.  At 2.3%, it’s down from the peak of 2.6% in 1Q08, but still much higher than the 1%-1.5% range that’s been normal over the years.

U.S. Single-Family Home Vacancies: 1969-2009

Of course, vacancies in Miami and Coral Gables real estate do not necessarily correspond to the national data.  Miami probably has a higher vacancy rate than the nation as a whole, because Miami has more homes in foreclosure.  The foreclosure rate in Coral Gables is probably not as high as in Miami.

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posted by // This entry was posted on Thursday, February 11th, 2010 at 11:35 pm and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed.

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