Boston Real Estate Investors Association

Top 10 Zombified Zip Codes in Mid 2023

According to the ATTOM Data’s Q2 2023 Vacant Property and Zombie Foreclosure Report, there were 1.3 million residential properties in the United States sitting vacant, representing 1.3%, or one in 79 homes, across the nation.  In addition, ATTOM says the number of zombie properties has grown quarterly in 29 states and annually in 36.  They say that while most neighborhoods around the U.S. have little or no zombie foreclosures, they sifted through the data to identify the top 10 U.S. zip codes with the highest zombie foreclosure rates in zips with 10 or more pre-foreclosure properties.  Indeed…

“Zombie foreclosures keep inching up as lenders pursue more delinquent homeowners in courts around the country. All indications are that the number of zombie properties will keep going up slowly, given that foreclosures are up…But abandoned properties are still nothing more than a dot on the radar screen among the majority of neighborhoods. We are still a long way from the fallout after the Great Recession of the late 2000s, when this was a very real issue in many areas around the U.S.”  Said Rob Barber, chief executive officer for ATTOM. “

Click here to read the full report at ATTOM.



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