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vacancy rate: How Seasonal Factors Change Homeowner Vacancy Rates - 03/25/08 08:41 AM

Each quarter, the Census Bureau releases the Homeowner Vacancy Rate, a housing statistic the measures the percentage of homes for sale that are vacant. 
A home listed for sale may be vacant for several reasons including:
The home has been foreclosed and the owner has moved out The home seller moved into a new home and not sold his former home The home was a rental property and is being sold without a tenantIn Q4 2007, the Homeowner Vacancy Rate matched its all-time high of 2.8 percent.
The statistic can be misleading, however, because Homeowner Vacancy Rates appear to be seasonal and the … (4 comments)

 
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