Zombie foreclosures dropped 7% nationwide in the third quarter of 2021, but this figure could increase as the federal moratorium comes to a close.

The number of zombie foreclosures dropped 7% nationwide in the third quarter of 2021, but this figure could increase as the federal moratorium comes to a close, according to ATTOM’s 2021 Vacant Property and Zombie Foreclosure Report.

The nation’s total stock of residential properties is 98.4 million, and the portion represented by zombie foreclosures remain miniscule. Currently, zombie foreclosures comprise only one out of every 13,060 residential properties in the U.S., representing 1.4% or one in every 74 homes across the nation. That figure has decreased significantly from the previous quarter (one in every 12,256 homes) and from the third quarter last year (one in every 12,486 homes).

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