RealtyTrac: One in Four U.S. Foreclosures are ‘Zombie Foreclosures’

Today on Big Money Real Estate, Ilyce Glink talks with Daren Blomquist, Vice President of RealtyTrac.com, about ‘zombie foreclosures’ around the country. These are homes that have been vacated and abandoned by the homeowner but not yet repossessed by a bank, and they continue to be a drag on the housing market recovery in many cities. To learn whether your market may be one of them, watch this episode of Big Money Real Estate with Ilyce Glink and Daren Blomquist.

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