These U.S. housing markets are the most at risk from COVID-19:
aims to answer the question by looking at the locations where high costs of home ownership meet the places that were already struggling more than others. From their data, it looks like New Jersey is going to be one of the most impacted parts of the country. Of the top fifteen counties most at risk, seven of them are in New Jersey.
Florida also presents some reasons to worry, with 10 counties showing up in the top 50. But only one of them, Flager County, ranks in the top 15. As a state that was hit hard during the 2008-2009 downturn, it is perhaps a relief to see they may not have has hard a time during this downturn. This could be because lending was much harder to come by in this state for a longer time period than most others so now the homeowner population is a lower risk.
In the top 50 most at-risk counties, 36 of the counties had median house prices ranging from $160,000 to $300,000. Here is a look at the top fifteen most at-risk markets with the percentage of homes that owe more than they are worth.
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