Several notable metropolitan areas in the U.S. might be at great risk of a housing crisis driven by the coronavirus pandemic. Utilizing real estate data collected by ATTOM Data Solutions, 24/7 Wall St. compiled a list of the 30 regions most at risk in the wake of the current situation

The report listed 10 regions in ascending order: New York City-Newark-Jersey City; Cleveland-Elyria; Cape Coral-Fort Myers, Florida; Riverside-San Bernardino-Ontario, California; Orlando-Kissimmee-Sanford, Florida; Miami-Fort Lauderdale-West Palm Beach; Los Angeles-Long Beach-Anaheim; Bakersfield, California; New Orleans-Metairie; and Las Vegas-Henderson-Paradise.

Other regions included in the report were major metropolitan areas like San Diego, Philadelphia, Phoenix, San Francisco, Chicago, and more. There were also smaller areas like Allentown, Pennsylvania; Akron, Ohio; and, New Haven, Connecticut.

The data used included median home prices in the last decade, job market vulnerability, unemployment, and the disparities between housing prices and average income.

As the report found, the most at-risk regions tend to be those that were struggling prior to the COVID-19 outbreak. Another major factor was the dependency on industries like tourism, transportation, and others set to be hit the hardest by the pandemic.

New Yorkers, practicing social distancing, enjoyed spring weather in Central Park, though authorities limited access to prevent contagion
New Yorkers, practicing social distancing, enjoyed spring weather in Central Park, though authorities limited access to prevent contagion AFP / Johannes EISELE
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