The number of empty homes — for sale or rent — has hit a record 19 million, the U.S. Census Bureau reports.
As foreclosures mount and banks seize properties, the number of them sitting empty rose by 6.7 percent from the fourth quarter of 2007. The number of homes for sale rose to 2.9 percent of all homes, the highest since the agency began tracking data in 1956.
By: Greg Brown
Newsmax.com
No comments:
Post a Comment