Corcoran Urban Real Estate

Chicago Has Fewer 'Zombies'

Chicago Has Fewer 'Zombies' New data from RealtyTrac shows that Chicago's "zombie foreclosures" are down substantially in the second quarter on 2015.

The total number of "zombies", that is, houses that are vacant but where foreclosure proceedings are not yet completed, fell 28 percent. The total number of such properties in the metro area is now 7,168.

Chicago was joined by Atlanta, Dallas, Miami and Phoenix in the decline.