The Hottest Metros With the Lowest Vacancy Rates
Each of the 25 metros ranked had a less than 1 percent vacancy rate, showing high homebuyer demand; the metro with the most vacancies was Portland-South Portland, Maine at 0.69 percent.
Using Attom Data Solutions' to rank metros with the lowest vacancy rates and populations over 100,000, USA Today and Credit.com's rankings show that California had 6 of the top 25 qualifying metros with vacancy rates ranging from 0.65 percent in San Diego to 0.23 percent in San Jose, and Texas had four, including El Paso (0.65 percent) and Austin (0.42 percent).
Is it any surprise Silicon Valley made the number-one spot? If you’re looking for a home in the San Jose-Sunnyvale-Santa Clara metro area, good luck finding anything — less than a quarter of a percent of properties are vacant.
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