Coastal Markets at Higher Risk of Housing Downturn

“Housing markets in California, New Jersey, Illinois, and Florida are vulnerable to a downturn, with counties near Chicago, New York City, and Inland Empire leading the list, according to a new housing report from ATTOM. These regions accounted for two-thirds of the 50 U.S. counties most susceptible, as affordability gaps, foreclosure filings, and rising unemployment placed increased pressure on local markets and strained affordability.“