Metros Still Struggling With Vacancies

Housing vacancies are still rising in many American metropolitan areas.
August 4, 2009, 8am PDT | Nate Berg
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Comparing vacancy rates for rental properties and homes from last year, Forbes has listed the top cities with empty homes.

"Kansas City isn't the only metro where rental and homeowner vacancy rates are rising in tandem. Second on our list is the San Francisco-Oakland metro, where high prices are pushing Bay Area residents out of the region. Third is Tucson, Ariz., where the aftermath of the housing boom has left a glut of inventory. The pair's predicament illustrates both sides of the vacancy coin."

Thanks to Ishmael Sanchez

Full Story:
Published on Thursday, July 23, 2009 in Forbes
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