According to Florida Today, zombie properties are taking over Florida like a wild, spreading disease, with 1,903 of the 6,903 foreclosed homes in Brevard County vacated by their owner in June.
“Florida has the twin problems of a high foreclosure rate and a very lengthy foreclosure process,” said Daren Blomquist, vice president at RealtyTrac.
“That means it is more susceptible to having these zombie foreclosures, because you have a homeowner who could be in foreclosure for two or three years and decides to walk away from the situation.”
