Wednesday, October 26, 2011

10. Kansas City, Missouri

Homeowner vacancies were higher in Kansas City prior to the housing crisis, hitting 4.5 percent in the second quarter of 2007.



As of the 2010 Census, there were approximately 15 million vacant housing units in the country, with an 11.4 percent gross vacancy rate nationwide. Lets find out the 10 emptiest US cities given below.

9. Houston, Texas



8. Detroit, Michigan
Detroit also has a 17.2 percent rental vacancy rate, the third highest in the country, but the homeowner vacancy rate is down by nearly half from 2008.



7. Dayton, Ohio
Although homeowner vacancies are at a high, rental vacancies have been down dramatically, falling from an all-time high of 26.4 percent in the fourth quarter of 2010, according to the Census Bureau.



6. Baton Rouge, Louisiana
Although Baton Rouge, La., doesn’t have some of the most extreme vacancy rates in the country, the proportion of the city’s empty homes are relatively high for both rentals and owned homes.



5. Atlanta, Georgia
Atlanta’s homeowner vacancy rate is the fourth highest among other major U.S. cities, standing at 5.4 percent. The rate has been rising since early 2010, when it stood at just 2 percent.



4. Memphis, Tennessee
For both rentals and owned homes in Memphis, the proportion of vacant homes is high compared to most other major U.S. cities. With a rental vacancy rate of 13.5 percent, the city is the 11th highest in the nation, while the 4 percent homeowner vacancy rate ranks the city ninth.



3. Toledo, Ohio
Toledo, Ohio, has the highest rate for rental vacancies at 19.3 percent, although in the third quarter of 2010 the rate was much higher, at 24.1 percent. Toledo also has a high proportion of empty homes, at 3.6 percent, which ranks it 17th among major U.S. cities.



2. Indianapolis, Indiana
The 5.2 percent home vacancy rate in Indianapolis ranks it fifth in the country, while the 13.5 percent rental vacancy rate places it 10th.



1. Tucson, Arizona
The emptiest city in the U.S. is the second largest city in Arizona: Tucson. With rental vacancies at 15.9 percent, the city is seventh most vacant among major cities, while the 6.8 percent homeowner vacancy rate is the highest in the country as of the second quarter of 2011.

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