![]() ![]() ![]() Meanwhile, in wealthier beach communities, many homes are only used seasonally by the owners or as rental properties for vacationers, and vacancy rates in these areas fluctuate throughout the year.Ģ4/7 Wall St. ![]() More: Here are the cities where the most people live alone In these areas, many homes are effectively abandoned. In inner-city neighborhoods in parts of the Midwest and mid-Atlantic, depressed housing markets and widespread poverty have contributed to long-term population decline. While areas like these share near nation-leading vacancy rates, the similarities stop there. There are neighborhoods with exceptionally high vacancy rates across the United States – from pricey coastal communities like Belleair Beach in Florida, to impoverished communities in Rust Belt cities like Youngstown, Ohio. While this represents a slight improvement from the previous year’s vacancy rate of 1.6 percent, certain pockets of the country have so many empty homes they can feel like ghost towns. There are nearly 1.5 million vacant homes in the United States, or 1.5 percent of all homes, according to a new report from real estate data company ATTOM Data Solutions. ![]()
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