According to ATTOM Data solutions’ 2017 U.S. Residential Vacant Property and Zombie Foreclosure Report there are nearly 1.4 million (1,367,793) residential properties (with 1 to 4 units) vacant in the as of the end of Q3 2017. This number represents 1.58% of all residential properties in the U.S. and is down only slightly less than one year ago. The report also said that “zombie foreclosures” decreased 22% and vacant bank-owned properties decreased 48 percent, both compared to one year ago.
“Zombie foreclosures have dwindled dramatically over the last four years as a supply-starved housing has soaked up even some of the most highly distressed properties,” said Daren Blomquist, senior vice president at ATTOM Data Solutions.
Click here to read the full report on ATTOMdata.com.
