What are “Zombie Homes?”
“Zombie homes” are unoccupied properties. During the mortgage crisis, “zombie homes” could be found in all manner of neighborhoods. You may even have seen some in your area. Many of these properties are rehabbed eventually but still present some unique housing issues. Read on:
Some heavier reading, but here is some valuable information we thought consumers might like access to:
- The Fight Against Zombie Homes by David Wharton
Even as the housing market booms, vacant and abandoned “zombie properties” continue to plague many municipalities, a lingering reminder of the housing crisis. Here’s how the real estate industry and communities around the nation are working together to take down these zombies.
- “Unforeseen Consequences” by Jeff Dickstein
A decade after the housing market’s collapse, some anticipated and unanticipated impacts of the Dodd-Frank Act on the appraisal industry are beginning to be felt.
- The Housing Choices of Older Americans
“Today’s retirees are more likely to leave the workforce with a mortgage and other debts that can put stress on monthly cash flow,” said Peter Bell, President, and CEO of the National Reverse Mortgage Lenders Association (NRMLA).
We’ll Help You Find What You’re Looking For
Whether you are interested in a move-in ready home or want to redo a home that needs some TLC, we are here and ready to help you find the home and neighborhood you love. Contact us today and we’ll get started!