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Census Bureau: Percentage of vacant homes at record high
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WASHINGTON -- The Census Bureau says the percentage of vacant homes in the U.S. has hit a record high in the first quarter of this year.
The report, released Monday, shows that 2.9 percent of U.S. homes — excluding rental properties — were vacant, compared with 2.8 percent in the fourth quarter of 2007.
The West had the biggest gain in vacancy rates among homeowner, rising to 7 percent in the January-March period from 6.5 percent in the fourth quarter of 2007. Vacancy rates fell in the Midwest and South, but rose in the Northeast.
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The risk for vacant homes near you is that they could be used by squatters, or others who are engaged in illegal activity. Report any unusual activity around such homes. Some counties and cities want you to report vacant homes in your area.
#1 Posted by BlueTonguedVole on April 28, 2008 at 11:17 a.m. (Suggest removal)
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