Vacant Homes
Posted Apr 30, 2008 @ 3:17 pm, Viewed by 154 Visitors, Read 158 Times.
The number of vacant homes for sale in the United States set a new record in the first quarter of 2008, the U.S. Census Bureau reported Monday.
The Census Bureau reported that 2.9 percent of U.S. homes or 2.28 million properties, not including rentals, were vacant and for sale. It was the highest quarterly number as far back to 1956 when records of such vacancies were first kept.
The West had the biggest gain in vacancy rates among home owners, rising to 3.2 percent in the January-March period from 2.6 percent in the same quarter a year earlier. Vacancy rates inched up in the Northeast and remained steady in the Midwest and South.
Rate this Post!
Share this Post
Print
Social Bookmarking1 Responses to “Vacant Homes”
REW Blogs User Stats
Currently Online Users:
0
Total Users:
1,629
Entries:
4,847
Unique Views:
2,154,357
Total Views:
2,219,591
Total Comments:
4,671
My name is Julie Jalone an I am a mother, wife and Realtor in the Sacramento area serving buyers and sellers of residential real estate. Read More
Contact Me
RSS Feed- This User's Stats
-
Blog Entries: 181Average Blog Rating: 0Unique Views: 40,958Total Views: 41,330Comments Posted: 17Comments Received: 46
Top Rated
REW Blogs RSS Feed
I've been amazed at the increase in vacant homes over the past few years. Although some are short sales or foreclosures, many are not and I always wonder how sellers can afford making double mortgage payments. Some of these have been on the market for quite some time and not all of them are priced correctly, even after being on market for many months.