Five Million Homes Sit Empty Across Largest U.S. Metros

Five Million Homes Sit Empty Across Largest U.S. Metros

ByTMN Editor Reading Time: 2 minutes

Nearly 5.5 million homes are sitting vacant in the U.S.’s largest metros, but they’re not going to save the housing market. LendingTree analyzed the latest U.S. Census Bureau American Community Survey data to find out what cities have the highest shares of unoccupied homes and why. Their survey found that 5,475,687 housing units are vacant…

“Zombie” Property Increases May Be On The Horizon
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“Zombie” Property Increases May Be On The Horizon

ByTMN Editor Reading Time: 2 minutes

The number of “zombie” foreclosures hardly budged this quarter, though increases are expected to come, according to a report from ATTOM Data Solutions. Properties that are both vacant and in the foreclosure process, known as “zombie” properties, make up 3.3% of foreclosures. Zombie properties are most common in the Northeast and Midwest. New York has…

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