According to the ATTOM Data's Q3 2022 Vacant Property and Zombie Foreclosure Report, there were 1.3 million (1,277,162) residential properties in the United States sitting vacant, representing 1.3%, or one in 78 homes, across the nation. The report also reveals that 270,470 residential properties in the U.S. are in the process of foreclosure in Q3 of this year, up 4.4% from Q2, 2022 and up 25.5% from Q3 of 2021. ATTOM says this latest increase marks the 4th straight quarter that pre-foreclosure properties have increased since a nationwide moratorium on lenders pursuing delinquent homeowners was lifted at the end of July, 2021.
"We see two trends heading in opposite directions – the number of vacant properties continues to decline and the number of zombie properties continues to increase, although neither trend appears to be particularly worrisome," said Rick Sharga, executive vice president of market intelligence at ATTOM.
Click here to read the full report at ATTOM.
