Vacant Zombie Properties Decline as Foreclosure Moratorium Ends
September 13, 2021
Source: AZ Big Media
ATTOM, curator of the nation’s premier property database, released its third-quarter 2021 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,332,706) residential properties in the United States sit vacant. That represents 1.4 percent, or one in 74 homes, across the nation that could be classified as zombie properties.
The report analyzes publicly recorded real estate data collected by ATTOM — including foreclosure status, equity, and owner-occupancy status — matched against monthly updated vacancy data. (See full methodology enclosed below). Vacancy data is available for U.S. residential properties at https://www.attomdata.com/solutions/marketing-lists/.
The report reveals that 215,495 properties are in the process of foreclosure in the third quarter of this year, down 3.7 percent from the second quarter of 2021 and down 0.2 percent from the third quarter of 2020. Among those pre-foreclosure properties, 7,538 sit vacant in the third quarter of 2021, down quarterly by 6.7 percent and annually by 5.3 percent.
For full report, please click the source link above.