More Than 300,000 U.S. Homes Are Foreclosed 'Zombies' [View all]

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http://www.businessinsider.com/more-than-300000-us-homes-are-foreclosed-zombies-2013-3



A national survey found 301,874 "zombie" properties dotting the U.S. landscape in which homeowners in foreclosure have moved out, leaving vacant property susceptible to vandalism and degradation.

Florida tops the list of zombie properties with 90,556 vacant homes in foreclosure, according to a foreclosure inventory released on Thursday by RealtyTrac, a real estate information company in Irvine, California.

Illinois and California ranked a distant second and third with 31,668 and 28,821 zombie properties respectively on the list.

The number of homes overall in foreclosure or bank-owned rose by 9 percent to 1.5 million properties nationally in the first quarter of 2013 compared to a year ago, according to RealtyTrac.


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