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Xinyuan Real Estate Co., Ltd. Message Board

  • infn444 infn444 Apr 1, 2013 2:16 AM Flag

    Actual figures on US foreclosure properties

    A national survey found 301,874 "zombie" properties dotting the U.S. landscape in which homeowners in foreclosure have moved out, leaving vacant property susceptible to vandalism and degradation.

    Florida tops the list of zombie properties with 90,556 vacant homes in foreclosure, according to a foreclosure inventory released on Thursday by RealtyTrac, a real estate information company in Irvine, California.

    Illinois and California ranked a distant second and third with 31,668 and 28,821 zombie properties respectively on the list.

    The number of homes overall in foreclosure or bank-owned rose by 9 percent to 1.5 million properties nationally in the first quarter of 2013 compared to a year ago, according to RealtyTrac.

    Another 10.9 million homeowners nationwide remain at risk because they owe more than their property is worth, according to company vice president Daren Blo

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