According to ATTOM Data’s latest Vacant Property and Zombie Foreclosure Report, nearly 1.5 million (1,447,906) single family homes & condos were vacant at the end of Q3 2018, representing 1.52% of all homes nationwide. This number is down from 1.58% in 2017. In addition the report found that there were over 10k vacant “zombie” foreclosures nationwide at the end of Q3 2018, which represent 3.38% of all homes actively in the foreclosure process. They also report that the zombie foreclosure rate was down from 4.18% one year ago.
“The number of vacant foreclosures is now less than one-fourth of the more than 44,000 in 2013 when we first began tracking these zombie homes,” said Daren Blomquist, senior vice president at ATTOM Data Solutions.
Click here to read the full report on attomdata.com.
