Report Says Orlando Has More Vacant Homes Than Any U.S. City
 wftv.com

POSTED: 1:16 pm EDT March 21, 2008
UPDATED: 1:21 pm EDT March 21, 2008
 

ORLANDO, Fla. --A new report says Orlando has more vacant homes than any city in America and, if you drive by any neighborhood in Orlando, chances are you'll see plenty of "for rent" and "for sale" signs.
What was once a booming real estate market is now considered by some economists as a housing bust. According to the Census Bureau, Orlando leads the nation with the highest home-vacancy rate of 7.4 percent.
In fact, four of the top ten cities with the highest number of empty homes are in Florida.
Economists say vacancy rates are important because they could affect future price trends.
 

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