- These high vacancy rates can be attributed to various factors such as economic decline, outmigration, and aging populations.
- Abandoned homes not only decrease property values, but they can also become a safety hazard and attract crime.
- Efforts are being taken by the government and non-profits to rehabilitate these abandoned homes to address the issue of housing shortages and blight in these regions.
- On the other hand, Oregon, Washington, and Connecticut have the lowest rates of vacant homes with a 2.60%, 5.28%, and 5.40% vacancy rate respectively.
- It’s crucial to address the issue of abandoned homes as it not only affects the housing market but also affects the quality of life for residents in the affected areas.
It’s hard to believe that there are over 315,000 abandoned houses across just three states in the U.S. But according to recent data, Vermont, Maine, and Alaska have the highest rates of vacant homes, with vacancy rates of 22.86%, 22.68%, and 20.51% respectively. Here are some more insights into the fact: