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Zombie foreclosures rise in 29 states even as national rate declines, report finds

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GoKawiil Brief

A new housing market report shows that while the national rate of vacant, bank-owned 'zombie' properties in foreclosure has fallen, the number of such homes has actually increased across 29 states. The report identifies specific states where the trend is worsening even as the overall U.S. figure improves.

Why It Matters

GoKawiil's interpretation of the reporting above, not reported fact.

A declining national average can mask localized distress, suggesting some regional housing markets face deeper foreclosure or vacancy problems than headline figures imply. This divergence could signal uneven economic recovery or affordability pressures in specific states, though the report does not attribute a single cause.

Key Takeaways

Source: fastcompany.com, 2026-10-30

Published there as: “Just before Halloween, a new report reveals a frightening trend in America’s housing market”

Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.