Study counts some 300,000 "zombie" properties across U.S.

03/31/2013 | Reuters

The U.S. has more than 300,000 abandoned homes that sit vacant in neighborhoods, often becoming targets for vandals and falling into disrepair, according to RealtyTrac. Many of these so-called "zombie" homes are left empty when homeowners move out after receiving a notice that the bank intends to sell the home, but the bank does not follow through. These homes are largely concentrated in Florida, Illinois and California, but they are scattered throughout the country.

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