The Actual News

Just the Facts, from multiple news sources.

Map Shows States With Highest and Lowest Number of Empty Homes

Map Shows States With Highest and Lowest Number of Empty Homes

Summary

Many homes in the U.S. sit empty even though the country faces a serious housing shortage. A recent report shows about 14.5 million homes are vacant, but many are seasonal or recreational and not available for people to live in year-round.

Key Facts

  • The U.S. needs 7 to 10 million more homes to meet demand and improve affordability.
  • Around 14.5 million U.S. homes are currently vacant.
  • Of these vacant homes, 4.7 million are used seasonally, 2.6 million are available to rent, and fewer than 800,000 are for sale.
  • The national vacancy rate is 10.1%, higher than the normal 7-8% considered healthy.
  • Maine has the highest vacancy rate at 20.6%, followed by Vermont (19.4%) and Alaska (17.6%).
  • Some states like Connecticut have much lower vacancy rates, around 7%.
  • Florida has about 1.5 million vacant homes, the highest in number despite ranking fifth in vacancy rate.
  • Not all vacant homes help solve the housing shortage because many are seasonal and not available for long-term living.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.