Thursday, February 12, 2015

2,074 'Zombie' Foreclosure Homes in Los Angeles

 
AlfonsoGomezBroker.com - 'Zombie' foreclosure homes are homes that have started the process of foreclosure and the home owner(s) have vacated the home but the lender has not repossessed the home yet. There are approximately 2,074 'zombie' foreclosure homes in the metro Los Angeles area. There are an eye sore to neighbors and welcome criminals looking for a place to hide out.
 
Nationwide approximately 25% of all foreclosures are 'zombie' foreclosure homes. The metro area with the highest level is:
 
New York: 19,177 zombie foreclosures
  • Miami: 9,580
  • Chicago: 8,384
  • Tampa, Fla.: 7,838
  • Philadelphia:7,554
  • Orlando, Fla.: 3,718
  • Jacksonville, Fla.: 2,368
  • Los Angeles: 2,074
  • Las Vegas: 1,832
  • Baltimore, Md.: 1,722


  • For the entire RealtorMag Online article click HERE

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