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Real Estate Occupancy Rates
At the end of the first quarter of 2010 the estimate of the total housing stock, 130,873,000 units, was up a statistically insignificant 0.2 percent from the fourth quarter of 2009 and up a statistically insignificant 0.9 percent from the first quarter of 2009. The number of all occupied units was essentially unchanged from the fourth quarter of 2009 but increased a statistically insignificant 1.0 percent from the first quarter of 2009. For the first quarter of 2010, the number of owneroccupied units was also unchanged from the fourth quarter of 2009 but increased a statistically insignificant 0.7 percent from the first quarter of last year. For the first quarter of 2010, the number of renteroccupied units increased a statistically insignificant 0.3 percent from the previous quarter and increased a statistically insignificant 1.5 percent from the first quarter of 2009. For the first quarter of 2010, the number of vacant units was up a statistically insignificant 0.8 percent from last quarter and increased a statistically insignificant 0.4 percent from the first quarter of 2009.
Vacancy Rates
The homeowner vacancy rate for the first quarter of 2010, at 2.6 percent, was down a statistically insignificant 0.1 percentage point from both the fourth quarter of 2009 and the first quarter of 2009. The 2010 first quarter national rental vacancy rate, at 10.6 percent, was down a statistically insignificant 0.1 percentage point from the previous quarter but was up 0.5 percentage point from the first quarter of last year.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. 2010 1st Quarter Real Estate Market Data – The State of US Housing Stock is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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