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【World Property Journal】Foreclosure Activity Rises in U.S. as Vacant Zombie Properties Dip in Early 2022

【World Property Journal】Foreclosure Activity Rises in U.S. as Vacant Zombie Properties Dip in Early 2022

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According to ATTOM Data's first-quarter 2022 Vacant Property and Zombie Foreclosure Report, 1.4 million (1,354,579) residential properties in the United States sit vacant. That represents 1.4 percent, or one in 73 homes, across the nation.

The report also reveals that 229,864 residential properties in the U.S. are in the process of foreclosure in the first quarter of this year, up 3 percent from the fourth quarter of 2021 and up 31 percent from the first quarter of 2021. The increase marked the second straight quarter that the count of pre-foreclosure properties has gone up since a nationwide moratorium on most lender takeovers of delinquent mortgages was lifted at the end of July.

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