These 40 Cities Are on the Brink of a Housing Crisis

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22. Hampton, Virginia

Percentage of mortgages underwater: 19.9%

Median home value: $167,400

Hampton is just across the James River from Norfolk, and it too is facing housing issues similar to other cities in the metro area. Hampton’s negative equity rate of 19.9% is only a little less than Norfolk’s; however, the former’s median home value is less than the latter’s. Rental vacancy in Hampton is worse than in Norfolk as well.

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6 thoughts on “These 40 Cities Are on the Brink of a Housing Crisis”

  1. unfortunate news. Trump’s “booming economy” is a f’in lie. In fact, basically everything the White House says is a self serving scam or out right falsehood. Dump Trump NOW! make America Great Again!

    1. Richard D Bowman

      Aurora’s problems reflect the democratic control of Illinois’ legislature. Illinois has a poor business climate. Caterpillar’s decided to move manufacturing out of its Aurora facility. And Illinoisians are leaving in droves because of high taxes.

    2. Richard D Bowman

      Sorry, Trump has done more for business than the preceding president. Gasoline prices are at very low prices. We can’t afford another democratic socialist president.

  2. This started way before Trump got elected into office. It was the banks that loaned to people who should not have gotten mortgages. They also approved mortgages for way more than buyers should have been granted. Peoples spending habits are way out of line and they cannot make thier mortgage payments. No ones faullt but the buyers.

  3. THE REAL AMERICAN

    8 yrs of give it all away,sit on ur ass and watch the real back bone of this america do the work for the slug’s that obama fed and groomed that put him on his selfish podium, BRAVO!!!!

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