...1.6%. The vacancy rate, however, did rise from 1.3% during Q2 2019. Additionally, 12.2% of all homes in the U.S. were vacant during Q3 2019. Homeownership rates were highest in...
Read More »Search Results for: vacant
Disasters and Technology’s New Role
...able to separate what were the occupied properties and what were the vacant properties. This allowed us to start to strategize on prioritization of which properties should be inspected, the...
Read More »Markets at Risk for a Housing Crash in 2019
...foreclosure crisis. “The foreclosure crisis has hurt our economy and jeopardized economic security of too many New Jersey families," Murphy said. "Our communities cannot succeed while vacant or foreclosed homes...
Read More »Analyzing Vacancy Rate “Epidemic Levels”
...have been hit hardest, and if abandoned and vacant homes are the next housing crisis. Vacancy rates in the first quarter 2019 were 7.0% for rental housing and 1.4% for...
Read More »LRES Promotes Senior Director of REO Asset Management
...on expanding the company’s REO division and diversifying the company’s current REO Disposition and Marketing Analysis services. Merchant produced industry leading numbers in 2018 by reducing Days Vacant to List...
Read More »Mixed Results in Latest Census Bureau Housing Report
...(NAHB) reported earlier this month that the number of vacant jobs in the construction sector increased to 404,000—a post-Great Recession high. The NAHB stated this represents a year-over-year increase of...
Read More »How Vacancy Impacts Home Sales
Vacant homes sell for less and take longer to sell, according to a recent report from Redfin. Redfin’s analysis revealed that vacant homes sell for $11,306 less and spend six...
Read More »Analyzing Single-Family Rental Construction
...slightly to 5.6% from 6% in February. The rent for four-bedroom properties remained unchanged during the period. Rent growth for vacant-to-occupied properties increased to 3.9% from 2.5%, the report indicated....
Read More »Natural Disasters’ Lingering Delinquency Impact
...foreclosure crisis has hurt our economy and jeopardized economic security of too many New Jersey families," Murphy said. "Our communities cannot succeed while vacant or foreclosed homes sit empty or...
Read More »Hunting for Bargain Homes in the Suburbs
...the city is located across the Delaware River that separates New Jersey and Pennsylvania. Prices remain low, according to realtor.com, due to the surplus of vacant homes that need renovation....
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