From the MPA:
The housing markets in Illinois, New Jersey and Delaware counties are more vulnerable to the impact of the ongoing coronavirus pandemic than elsewhere in the US, according to a report by property analytics firm, ATTOM.
The 2021 Special Coronavirus report released last week highlighted county-level housing markets vulnerable to damage from the ongoing COVID-19 virus in the US during the third quarter, based on the percentage of homes facing possible foreclosure, among other factors.
The conclusions were drawn from an analysis of the most recent home affordability, equity and foreclosure reports prepared by the property database curator. Counties were ranked in each category, from lowest to highest, with the overall conclusion based on a combination of the three.
The report revealed that New Jersey, Illinois and Delaware had 26 of the 50 counties that were most exposed to the potential housing-related impacts of the pandemic.
Of these, eight were in the Chicago metropolitan area (Cook, De Kalb, Du Page, Kane, Kendall, Lake, McHenry and Will counties), seven in the New York City metropolitan area (Essex, Hunterdon, Monmouth, Ocean, Passaic and Sussex counties in New Jersey and Rockland County in New York), and two in Delaware – Kent County (Dover) and Sussex County (Georgetown).