Milwaukee zombie foreclosure bill “would worsen problem”



The Milwaukee Senate is due to consider a new bill that would remove the city’s right to push through quick sales of abandoned, foreclosed homes (often called “zombie foreclosures”) in the area.

RealtyTrac: 21% of Foreclosures are ‘Zombies’



Zombie foreclosures are still haunting the housing market, representing one in every five foreclosures nationally, according to RealtyTrac, a housing data firm.

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