Vacant homes in Michigan grew 47% in 10 years

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Hancock is a town in Michigan with a population of 4,574. Hancock is in Houghton County. Living in Hancock offers residents a suburban feel and most residents rent their homes. In Hancock there are a lot of bars and parks. Many young professionals and retirees live in Hancock and residents tend to lean conservative.

The number of vacant homes in Michigan was more than 84,000 in the third quarter of the year, a 25 percent decrease over what it was a year ago, according to new real estate numbers reported by ATTOM Data Solutions. Michigan had the seventh highest home vacancy rate among the 50 states and District of Columbia in the analysis.

Vacant housing appears to be an issue in The Villages. Fully 19.12% of the housing stock is classified as vacant. Left unchecked, vacant The Villages homes and apartments can be a drag on the real estate market, holding The Villages real estate prices below levels they could achieve if vacant housing was absorbed into the market and became.

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Rochester New York Residential Rent and Rental Statistics. The median monthly gross residential rent in Rochester, NY (the Rochester metro area) was $870 in 2017 according to the Census ACS survey. 1 Average gross rent in Rochester was $892 in 2017.The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below.

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HousingWire Content on ‘Community Research Institute’ Michigan is mired in a foreclosure crisis that kicked off in the early part of the 2000s, leading to a 47% increase in vacant property, the.

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