A new study evaluates county-level foreclosure risk, underwater home values, and more real estate market data after two years of the Covid-19 pandemic in the United States.
New analysis by real estate data firm Attom Data Solutions ranks the most-at-risk real estate markets in the United States.
"New Jersey, Illinois and parts of California had the highest concentrations of the most at-risk markets in the fourth quarter – with the biggest clusters still in the New York City and Chicago areas," according to a press release announcing the fourth-quarter 2021 Special Coronavirus Report by Attom Data Solutions.
"New Jersey, Illinois and California had 31 of the 50 counties most vulnerable to the potential economic impact of the pandemic," adds the press release. "The 50 most at-risk included eight counties in the Chicago metropolitan area, eight near New York City and seven sprinkled through northern, central and southern California."
The report uses home affordability, equity and foreclosure reports data prepared by ATTOM, and calculates risk based on the percentage of homes facing possible foreclosure, the portion with mortgage balances that exceeded estimated property values and the percentage of average local wages required to pay for major home ownership expenses on median-priced single-family homes.
An article by Alexandre Tanzi for Bloomberg Wealth provides news coverage of the report.
FULL STORY: Housing Markets At Risk From Pandemic Downturns Concentrated In New Jersey, Illinois And California
Chain Retail Slow to Recover From Pandemic in New York City
2020 was a rough year for retail chains in New York City, making even a slow year, like 2021, look like a recovery.
More Insight Into the Effects of the Pandemic for Rental Property Landlords
A pair of recent surveys attempt to shed light on the changing business and property management practices of landlords during the pandemic.
Emergency Rental Relief Gaining Momentum in Some States
Rental assistance spending in June surpassed the entire year's total so far, but there's still a long way to go.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
‘Smart Surfaces’ Policy Guide Offers Advice for Building and Maintaining Urban Tree Canopies
Healthy, robust tree canopies can reduce the impacts of extreme heat and improve air quality.
New Jersey Lawsuit Targets Rent-Setting Algorithms
The state of New Jersey is taking legal action against landlords and companies that engage in what the state’s Attorney General alleges is illegal rent fixing.
Washington Legislature Passes Rent Increase Cap
A bill that caps rent increases at 7 percent plus inflation is headed to the governor’s desk.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
Ada County Highway District
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service