Zombie foreclosures down 43% in third quarter from last year

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Vacant ‘Zombie’ Foreclosures Down 43 Percent in Q3 2015 Compared to a Year Ago. from the previous quarter and down 43 percent from a year. of all vacant properties as of the end of the third.

RealtyTrac recently released its Q3 Zombie Foreclosure and Vacant Property Report, which shows 20,050 residential properties in the foreclosure process – but not yet repossessed – were vacant "zombie" homes as of the end of the third quarter of 2015, down 27 percent from the previous quarter and down 43 percent from a year ago.

According to the latest Zombie Foreclosure and Vacant Property Report released by RealtyTrac, as of the end of the third quarter of 2015 these zombie homes are down by 27% compared to the previous quarter and down by 43% from a year ago.

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According to the "Zombie Foreclosures and Vacant Property Report" by RealtyTrac, Q3 has seen a reduction of these vacant homes by 43% compared to one year ago and 27% compared to the quarter before. The number currently stands at 20,050 ‘zombie’ properties across the U.S., which is just 1.3% of the total 1.5 million vacant properties.

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Year-over-Year, The Bronx Sees a 43% Drop in Foreclosures. The Bronx had 140 unique cases in the third quarter of 2018, 107 cases less compared to Q3 2017. Even though the borough experienced a 43% decrease year-over-year, there was a 10% increase in activity quarter-over-quarter.

Collier County has 16 foreclosures on vacant homes which is down 77 percent from 69 in the third quarter last year. In Charlotte County, there were 40 zombie foreclosures, a decline of 52 percent from 83 during the third quarter 2014. Nationwide, zombie foreclosures were down 43 percent from a year ago.

Zombie Titles by the Numbers In the third quarter of 2015, RealtyTrac found that while there were 1.5 million vacant properties in the U.S., the number of zombie homes had decreased by 43% since the previous year to 20,050. These were properties in the foreclosure process that were vacant and still under the ownership of the original occupant.

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RealtyTrac: Foreclosure activity picked up in 120 metros There are currently 414,586 properties in U.S. that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 925,675. In May, the number of properties that received a foreclosure filing in U.S. was 1% higher than the previous month and 22% lower than the same time last year.

There were 20,050 zombie foreclosures nationwide at the end of the 3rd quarter of 2015, which is 43% lower than the same period in 2014.