I love Charleston!
Vacant homes in the U.S.—including foreclosures, residences for sale, and vacation properties—rose to 18.8 million in the third quarter, according to the U.S. Census Bureau.
The record high for vacancies was 18.95 million in the first quarter of this year. There were 18.4 vacancies in the third quarter last year.
In total, there were 130.3 million homes in the U.S. in the third quarter, according to the census. About 2 million were for sale, 4.6 million for rent, and 4.6 million were vacation homes that are only used a portion of the year.
I love Charleston!
Source: Bloomberg,