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24/7 Wall St.: The 10 Markets with the Most Empty Homes

4. Fort Lauderdale, Fla.

Vacancy rate: 6.6% (tied for 4th highest)
Median price per square foot: $115
Unemployment: 8.4%

While about seven in 10 markets Trulia analyzed showed increases in vacancy rates, the vacancy rate in Fort Lauderdale actually decreased by almost 1%, indicating a strengthening housing market. And although the 4.4% increase in asking price is far from the strongest growth of all the metro areas measured, it is among the top third. One concern is that the average price per square foot has dropped 59.3% on a year-over-year basis.

(iStock)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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