U.S. Housing Paradox: 1.3 Million Homes Vacant Amid Tight Market
Foreclosures rise as 'zombie properties' persist, but overall impact minimal on booming market.
Foreclosures rise as 'zombie properties' persist, but overall impact minimal on booming market.
Numbers still rising gradually since foreclosure moratorium ended in 2021.
Despite the uptick, zombie properties still represent just one of every 13,000 residential properties nationwide.