These 40 cities could be on the brink of a housing crash

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Some urban areas are already underwater when it comes to foreclosure and delinquency rates. And that could hurt your home's value.

If you're looking for a new home in an urban area, you might be attracted to some more up-and-coming areas.That is according to a new study from GOBankingRates, which evaluated cities based on multiple criteria: percentage of homes with mortgages in negative equity, foreclosure rates, delinquency rates on mortgage payments, homeowner vacancy rates and rental vacancy rates. The site then ranked 40 cities according to these risks.

Other Northeast cities to make the list include Baltimore; Bridgeport, Conn.; Hartford, Conn.; Philadelphia and Syracuse, New York.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yet another gloom n doom piece from CNBC...

The main reason I expressed SYMPATHY to the new Mayor of Chicago. A TRUE dead-end job.

these 40 cities that we aren’t going to tell you about except for 2: NYC and NJ

Alarming for every civilized world

Capitalism : Failing in everything but White Collar Crime since 1790.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in PROPERTY

Property Property Latest News, Property Property Headlines