Markets with the most zombie foreclosures in the third quarter of 2019.
ATTOM Data Solutions recently released its Q3 2019 Vacant Property and Zombie Foreclosure Report, which found there are more than 1.5 million (1,530,563) U.S. single-family homes and condos vacant in the U.S. This number represents 1.6 percent of all homes.
The report showed there are a total of 9,612 “zombie” homes, or properties facing possible foreclosure, which have been vacated by their owners nationwide. New York had the highest number of zombie properties (2,428), followed by Florida (1,634), Illinois (985), Ohio (891) and New Jersey (463).
In drilling down to the local market level, which housing markets have the most “zombie” properties?
The report also noted the highest levels of vacant investor-owned properties were in Indiana (8.8 percent), Kansas (6.7 percent), Minnesota (6.0 percent), Ohio, (5.9 percent) and Rhode Island (5.8 percent).
And at the zip code level, the top 10 zip codes with the highest number of vacant investor-owned properties were in these zips: