‘Zombie’ Properties Increase as Foreclosures Rise: Data

Originally published on February 24, 2022, by ATTOM Staff for ATTOM Data.

 ATTOM, a leading curator of real estate data nationwide for land and property data, today released its first-quarter 2022 Vacant Property and Zombie Foreclosure Report showing that 1.4 million (1,354,579) residential properties in the United States sit vacant. That represents 1.4 percent, or one in 73 homes, across the nation.

The report analyzes publicly recorded real estate data collected by ATTOM — including foreclosure status, equity and owner-occupancy status — matched against monthly updated vacancy data. (See full methodology enclosed below). Vacancy data is available for U.S. residential properties at https://www.attomdata.com/solutions/marketing-lists/.

The report also reveals that 229,864 residential properties in the U.S. are in the process of foreclosure in the first quarter of this year, up 3 percent from the fourth quarter of 2021 and up 31 percent from the first quarter of 2021. The increase marked the second straight quarter that the count of pre-foreclosure properties has gone up since a nationwide moratorium on most lender takeovers of delinquent mortgages was lifted at the end of July.

Read More
Share this post: