Zombie Home Foreclosures Continue to Grow in the U.S.

Vacant Homes in Foreclosure Increases for Fifth Straight Quarter Based on ATTOM’s newly released second-quarter 2023 Vacant Property and Zombie Foreclosure Report,  almost 1.3 million (1,285,633) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 79 homes, across the nation. The report also reveals that 311,508 residential properties…

U.S. Mortgage Applications Dips in Mid-May

According to new data from the Mortgage Bankers Association’s latest Weekly Mortgage Applications Survey for the week ending May 19, 2023, U.S. mortgage applications decreased 4.6 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.6 percent on a seasonally adjusted basis from one week earlier. On…