Real Estate Marketing & Beyond

Zombie properties to become a more common sight again

By Mike Wheatley | October 31, 2021

Mortgage, US Real Estate

Zombie foreclosures rise despite existing moratorium

By Mike Wheatley | June 1, 2021

Research shows that so-called “zombie foreclosures” are emerging in much bigger numbers again as distressed homeowners abandon their properties in the belief that they will soon be repossessed. Around 1.4 million residential homes in the U.S. stood vacant in the second quarter, amounting to 1.4% of all homes, ATTOM Data Solutions said in a new […]

Mortgage, US Real Estate

Zombie foreclosures decline during COVID-19

By Mike Wheatley | June 1, 2020

The COVID-19 pandemic has not set off a wave of foreclosures, in large part because the government has put moratoriums on foreclosures and banks are offering mortgage forbearance options for homeowners who have lost their jobs. “Zombie foreclosures”—homes that sit vacant—are actually down 3.1% from the first quarter of 2020, ATTOM Data Solutions reports. Further, […]

Mortgage, US Real Estate

RealtyTrac: 21% of Foreclosures are 'Zombies'

By Mike Wheatley | July 1, 2014

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

Real Estate, US Real Estate

CFPB Has 'Zombie Foreclosures' In Its Crosshairs

By Mike Wheatley | March 18, 2014

The Consumer Financial Protection Bureau is targeting "zombie" foreclosures, a growing problem where borrowers may unknowingly still own a property that they thought the bank had foreclosed upon.

Sign up to Realty Biz Buzz

Get Digital Marketing Training
right to your inbox

All Contents © Copyright RealtyBizNews · All Rights Reserved. 2016-2024

Website Designed by Swaydesign.