MARKET & TRENDS
Vacant Housing MARKETS WITH THE MOST ZOMBIE FORECLOSURES IN THE THIRD QUARTER OF 2019.
by ATTOM Data Solutions
A TTOM Data Solutions recently released its Q3 2019 Vacant Property and Zombie Foreclosure Report, which found there are more than 1.5 million (1,530,563) U.S. single-family homes and condos vacant in the U.S. This number rep-
properties (2,428), followed by Flor- ida (1,634), Illinois (985), Ohio (891) and New Jersey (463). In drilling down to the local market level, which housing markets have the most “zombie” properties?
resents 1.6 percent of all homes. The report showed there are a total of 9,612 “zombie” homes, or properties facing possible foreclo- sure, which have been vacated by their owners nationwide. New York had the highest number of zombie
The report also noted the high- est levels of vacant investor-owned properties were in Indiana (8.8 per- cent), Kansas (6.7 percent), Minne- sota (6.0 percent), Ohio, (5.9 percent) and Rhode Island (5.8 percent). And at the zip code level, the top 10 zip codes with the highest number of vacant investor-owned properties were in these zips:
Q3 2019 TOP METROS WITH THE MOST ZOMBIE FORECLOSURES
1,566
New York-Newark-Jersey City, NY-NJ-PA
534
Chicago-Naperville-Elgin, IL-IN-WI
#1
#3
#4
#2 48505 Flint, MI 2,828 vacant properties
#5 48504 Flint, MI 1,774 vacant properties #10 48224 Detroit, MI 1,627 vacant properties
506
Miami-Fort Lauderdale-West Palm Beach, FL
29928 Hilton Head Island, SC 4,941 vacant properties
29582 Myrtle Beach, SC 2,728 vacant properties
29572 Myrtle Beach, SC 2,325 vacant properties
431
Cleveland-Elyria, OH
Tampa-St. Petersburg-Clearwater, FL
351
281
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
#9
174
Albany-Schenectady-Troy, NY
#6 48227 Detroit, MI 1,733 vacant properties
#7
#8 48228 Detroit, MI 1,670 vacant properties
19132 Philadelphia, PA 1,648 vacant properties
172
Rochester, NY
92262 Riverside, CA 1,727 vacant properties
171
Baltimore-Columbia-Towson, MD
155
Jacksonville, FL
12 think realty housing news report
october 2019 13
Made with FlippingBook Online newsletter