18 Percent of Homes in Florida are Vacant

On Thursday, the Census Bureau revealed that 18% – or 1.6 million – of the Sunshine State’s homes are sitting vacant. That’s a rise of more than 63% over the past 10 years.

The vacancy problem is more dire in Florida than in any other bubble market: In California, only 8% of units were vacant, while Nevada, the state with the nation’s highest foreclosure rate, had about 14% sitting empty. Arizona had a vacancy rate of about 16%.

From Florida: 18 Percent of Homes are Vacant


By Stable Genius

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