Florida leads U.S. residential real estate vacancy rates, with six metro areas ranking highest nationally. Cape Coral-Fort Myers tops at 38.7%, followed by North Port-Bradenton-Sarasota (23.7%) and Tampa-St. Petersburg-Clearwater (13.3%). Orlando and Sarasota saw notable vacancy declines, suggesting rising demand. Florida also faces high commercial office vacancies, with Orlando, Tampa, and Miami among the top nationwide. Worcester, MA, has the lowest home vacancy rate at 3.6%.
Continue to full article