The U.S. government is reporting that the national vacancy rates in Q4 2020 were 6.5% for rental housing and 1% for homeowner housing. The national homeownership rate for Q4 2020 was 65.8%. In addition, approximately 89.1% of the housing units in the United States in Q4 were occupied and 10.9% were vacant. Owner-occupied housing units made up 58.6% of total housing units, while renter-occupied units made up 30.4% of the inventory. Continue reading HERE...
Metro East REIA
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