The U.S. Census Bureau recently reported residential vacancies and homeownership statistics for fourth quarter of 2016, both of which were pretty much the same as they were one year ago. The U.S. homeownership rate in Q4 2016 was 63.7% and the national vacancy rates were 6.9% for rental housing and 1.8% for homeowner housing. Approximately 87.3% of the housing units in the U.S. were occupied and 12.7% were vacant. The median asking rent for vacant for rent units was $864 and the median asking sales price for vacant for sale units was $167,700. Lots of good data in here…
