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2016

12 US markets where it seems impossible to find a place to live

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David McNew / Getty Images

House hunting can be frustrating.

Trying to find the right neighborhood, number of bedrooms and price can be difficult. This process can be especially difficult if there simply aren't a lot of places available.

According to RealtyTrac, a real estate research firm, there are some cities "running out of room."

There cities are squeezed for supply, and running under the national average of 1.6% of residential properties vacant.

We've combed through RealtyTrac data and identified the 12 housing markets in which less than 0.5% of all properties are empty.

Nearly half of these markets are in California's red hot housing market, where rents and prices are skyrocketing and supply can't keep up with demand.

Check out the full list below.

12. Vallejo-Fairfield, CA

flickr

Vacant Properties: 496

Total Residential Properties: 113,633

Vacancy Rate: 0.4%



11. York-Hanover, PA

Wikimedia Commons

Vacant Properties: 629

Total Residential Properties: 145,070

Vacancy Rate: 0.4%



10. Madison, WI

Flickr/rahimageworks

Vacant Properties: 769

Total Residential Properties: 190,913

Vacancy Rate: 0.4%



See the rest of the story at Business Insider














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