Impact of Vacant Homes

About

Leadership

PERSONAL COACHING
Leadership onboarding coaching helps the executive adapt to the employer's culture, create rapport with their team and develop productive ways to achieve necessary goals.
SELF ASSESSMENT CENTER
Leadership skills and style testing. Know how you motivate and coach people to gain success at work and in life.
SELF-COACHING RESOURCES
Effective leaders keep up-to-date with effective self-coaching.
WHAT IS LEADERSHIP?
Leadership is an interactive conversation that pulls people toward becoming comfortable with the language of personal responsibility and commitment.
LEADERSHIP TIPS
“The crux of leadership development that works is self-directed learning: intentionally developing or strengthening an aspect of who you are or who you want to be, or both.” Primal Leadership by Daniel Goleman, Richard Boyatzis & Annie McKee (Harvard Business School Press)

Career Management Books

« Bad Bosses | Main | Work Life Discontent »

Impact of Vacant Homes

A large number of homes for sale in the U.S. are unoccupied.

In the third quarter, there were 5.7 million vacant housing units for sale or rent, accounting for a record 4.6% of all U.S. homes. The average in the 1990s was about 3.5%. To get this ratio back to normal, 1.3 million vacant homes would need to be occupied.

High vacancy rates have other effects, points out Credit Suisse analyst Ivy Zelman. When an occupied home gets sold, the seller has to buy or rent another home. That sets off a chain reaction that ripples through the housing market. When a vacant home gets sold, the seller doesn't have to do anything.

The good news is that trouble in housing hasn't spelled trouble for the rest of the economy......yet. And low interest rates give households more buying power.