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8 Southern Cities Poised For a Housing Crisis

By Jordan Rosenfeld of GOBankingRates | Slide 1 of 9: The South is so iconic, full of rich history, gorgeous scenery, and diverse groups of people, that it seems like its housing markets would be on a constant upswing. Yet even here, the housing market is not immune to the drastic changes that have been going on over the past few years. Check Out: States Whose Economies Are Failing vs. States Whose Economies Are Thriving More: With a Recession Looming, Take These 3 Retirement Moves To Stay On Track From high sales fervor between 2020 and 2022, to a current cooling trend brought about by rising mortgage rights and high home prices, some Southern cities are seeing alarming downward trends that could signal a housing crisis. In order to find the Southern cities that could be poised for a housing crisis, GOBankingRates looked at the largest 200 cities in terms of total housing units and some crucial factors such as percentage of mortgages that are delinquent and vacancy rates. Data was drawn from the Consumer Financial Protection Bureau and the Consumer Protection Bureau.

The South is so iconic, full of rich history, gorgeous scenery, and diverse groups of people, that it seems like its housing markets would be on a constant upswing. Yet even here, the housing market is not immune to the drastic changes that have been going on over the past few years.

Check Out: States Whose Economies Are Failing vs. States Whose Economies Are Thriving
More: With a Recession Looming, Take These 3 Retirement Moves To Stay On Track

From high sales fervor between 2020 and 2022, to a current cooling trend brought about by rising mortgage rights and high home prices, some Southern cities are seeing alarming downward trends that could signal a housing crisis.

In order to find the Southern cities that could be poised for a housing crisis, GOBankingRates looked at the largest 200 cities in terms of total housing units and some crucial factors such as percentage of mortgages that are delinquent and vacancy rates. Data was drawn from the Consumer Financial Protection Bureau and the Consumer Protection Bureau.

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