Zombie Foreclosures Now 25 Percent of Total

RealtyTrac recently released a report stating that of the 142,462 foreclosures in America, 25 percent were ‘zombie foreclosures,’ or homes vacated before bank repossession, at the end of January 2015.

The sheer number of zombie foreclosures sitting vacant have actually decreased 6 percent since last year, but have become a larger percentage of the total foreclosures across the country compared to January, 2014.