ATTOM Data Solutions’ just released Q3 2020 Special Report, spotlighting the U.S. housing markets more or less at risk of an economic impact related to the Coronavirus pandemic, shows that pockets of the Northeast and Mid-Atlantic regions were most vulnerable in Q3 2020, while the West and now Midwest fared less at risk.
According to the analysis, Connecticut, New York, New Jersey, Pennsylvania, Maryland and Delaware had 32 of the 50 counties most vulnerable to the economic impact of the pandemic in Q3 2020. The most vulnerable counties included five in the New York City metro area (Bergen, Essex, Passaic and Sussex counties in New Jersey, and Orange County, NY); four around Washington, D.C.; four around Philadelphia, PA (Burlington, Camden and Gloucester counties in New Jersey, and Bucks County, PA); four around Baltimore, MD (Anne Arundel, Baltimore, Carroll and Howard counties); and seven of Connecticut’s eight counties (Fairfield, Litchfield, Middlesex, New Haven, New London, Tolland and Windham counties).
ATTOM’s Q3 2020 COVID housing impact report noted that only four western counties among the top 50 were in northern California and Hawaii, while Illinois had the only six in the Midwest. The report also noted that another eight were loosely scattered across five southern states – Florida, Louisiana, North Carolina, Texas and Virginia.
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