Foreclosed 'Zombie' Homes Exceed 300,000 Properties: Study

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Foreclosed ‘Zombie’ Homes Exceed 300,000 Properties: Study

Foreclosed ‘Zombie’ Homes Exceed 300,000 Properties: Study

You know how this always ends…it will soon be 1,000,000 properties and then 2 etc…

The only ones that are loving this more than anyone will be the MOSQUITOES this summer.

I also predict there will be communities suing the crap out of the banksters.

HuffPO-

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.

[HUFFINGTON POST]

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