U.S. Homeowner Vacancy Rate: It’s back to the Nineties
Remember when O.J. Simpson fled police in his white Ford Bronco? Or, when figure skater Nancy Kerrigan was clubbed in the knee in the “whack heard round the world?” If you go by home vacancy data released today by the Census Bureau, we’re all the way back to 1994 when those events happened. The rate of vacant homes dropped to 1.4%, the lowest level in almost a quarter of a century.