This is a companion post to last week’s piece on the “10 States with the Highest Vacancy Rates”

Occupancy Rates Just One Factor in Housing Market Health

Just as the percentage of “vacant” or unoccupied homes is one factor of many in determining the health of an area’s housing market, the occupancy rate of primary/secondary homes, rentals, and abandoned or foreclosed homes is just one factor of many in determining the health of a specific housing market.

Reminder it’s the New Year. You promised yourself you would become a HARRIS Coaching client. You are done wasting time and want to follow a proven path in 2022. Now, while you are here make the next natural step and join the 1000s of other agents as a HARRIS Real Estate University coaching member. No more waiting or procrastinating. Join now. Here is the quick and simple enrollment.—-> YES, Enroll Me Now In Premier Coaching. I WiLL make 2022 my best year ever! 

LendingTree just released its study on data comparing vacancy/occupancy rates in all 50 of our nation’s states.  Last week, we provided a list of the Top 10 States with the Highest Vacancy Rates…this week we provide a list of the Top 10 States with the Highest Occupancy Rates.

Know that our country’s national vacancy/occupancy rates haven’t changed much over the past 20 years.  During 2000, 9% of our country’s houses were unoccupied, 11.4% in 2010 and 9.7% in 2020, according to data from Lending Tree and US Census Bureau.

Where Are the Most Occupied Homes?

State         # Homes      # Vacant Homes     Vacancy Rate

Colorado    2,432,832           231,009               10%

Utah          1,161,907           109.874                9%

Maryland    2,482,043           226,875                9%

Illinois        5,399,497           492,165                9%

Massachusetts   2,944,398     256,977                9%

California    14,383,549         256,977                 9%

New Jersey    3,654,920        308,884                  8%

Connecticut   1,530,056        123,819                   8%

Washington    3,242,721        255,063                   8%

Oregon          1,830,846        141,983                   8%

An important question for you.  2022 is here…have you completed your 2022 Real Estate Business and Lead Generation Plan? If not, no worries. We have done the hard work for you. Download your 2022 REAL ESTATE TREASURE MAP! Text HARRIS to 47372. It’s that simple and takes 3 seconds. Text HARRIS to 47372 and when you do we will instantly text you back with a link to download. BONUS: For a limited time when you text HARRIS to 47372 you will also receive a Coaching Call!

4 Msgs/Month. Reply STOP to cancel, HELP for help. Msg&data rates may apply. Terms & Privacy: slkt.io/JWQt

Thanks to LendingTree and US Census Bureau.

 

 

 

 

Claim Your FREE Real Estate Treasure Map!