20. Newport News, Virginia
Percentage of mortgages underwater: 19.2%
Median home value: $179,400
Again, another Virginia city makes the list from the same region. Bordering Hampton to the west and across the James River from Norfolk and Virginia Beach, Newport News is afflicted with a high proportion of homes with negative equity.
With 1 foreclosure in every 1,596 homes, the city’s foreclosure rate is higher than in Hampton or Norfolk. Rental vacancy is also a problem, with 9.4% of rental units lying vacant.
Pages: Page 1, Page 2, Page 3, Page 4, Page 5, Page 6, Page 7, Page 8, Page 9, Page 10, Page 11, Page 12, Page 13, Page 14, Page 15, Page 16, Page 17, Page 18, Page 19, Page 20, Page 21, Page 22, Page 23, Page 24, Page 25, Page 26, Page 27, Page 28, Page 29, Page 30, Page 31, Page 32, Page 33, Page 34, Page 35, Page 36, Page 37, Page 38, Page 39, Page 40, Page 41
6 thoughts on “These 40 Cities Are on the Brink of a Housing Crisis”
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!
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.
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.
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.
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!!!!
As the tweet goes:
You can’t trump a Trump ……. especially when it comes to LYING.