The housing bubble is a distant memory, but many cities are facing new housing troubles in addition to irreparable damage dealt by the last housing crash
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Aerial view of Newark New Jersey skyline on late sunny afternoon. Newark's homeowner vacancy rate and rental vacancy rate are 5.2% and 9.5%, respectively, compared to 1.7% and 6.1% for the U.S. overall..
The 2019 addition of this study features many of the same cities as in the 2018 version. But there were some notable newcomers as well, with the Northeast, South and Midwest dominating the list of the top 10 cities most in danger of a housing crisis. Some cities improved their position from 2018 to 2019, such as Chicago, which ranked as the No. 4 most in danger last year,The first half of the top-10 list, No. 10 through No. 6, is occupied by cities of the U.S.
The No. 6 city most in danger of a housing crisis has more in common with the second half of the top-10 list. Paterson, New Jersey is in the Northeast, and so are the No. 5 city, Hartford, Connecticut, the No. 3 city, Bridgeport, Connecticut, and the No. 1 city, Newark, New Jersey. Delinquency rates, and homeowner and rental vacancy rates tend to be higher among these cities than the lower ranking cities. In Newark, for example, the homeowner vacancy rate and rental vacancy rate are 5.2% and 9.
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