TR-HNR-October-November-2019

MARKET & TRENDS

VACANT PROPERTIES

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

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

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-

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

74 | think realty housing news report :: october / november 2019

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