The housing crisis of 2008-2009 is forever burned in our memory — a time of irresponsible lending, dramatic financial and housing losses and economic hardship that no one wants to live through again. While regulations and practices that the government and industry put into place should keep that degree of crash from happening again, there are still conditions that can cause individual states to experience housing crises.

To determine states that could be poised for a housing crisis, GOBankingRates looked at each state’s key statistics, such as percent of mortgages that are delinquent, homeowner vacancy rates, rental vacancy rates and foreclosure rates. These five factors were then scored and combined with the highest score indicating the state most likely to be poised for a housing crisis.  All data was collected on and up to date as of May 2, 2023. Take a look at the states that are at risk.

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