Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
6.99%0.00
Servicing

Zombie properties run rampant across Florida

According to Florida Today, zombie properties are taking over Florida like a wild, spreading disease, with 1,903 of the 6,903 foreclosed homes in Brevard County vacated by their owner in June.

“Florida has the twin problems of a high foreclosure rate and a very lengthy foreclosure process,” said Daren Blomquist, vice president at RealtyTrac.

“That means it is more susceptible to having these zombie foreclosures, because you have a homeowner who could be in foreclosure for two or three years and decides to walk away from the situation.”

Most Popular Articles

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please