‘Zombie’ home foreclosures tick up

By Angela Gonzales | Phoenix Business Journal

The number of zombie foreclosures — the phrase adopted to describe abandoned pre-foreclosure homes — are slowly inching upward across the country, according to a third quarter report by ATTOM.

Zombie foreclosures now represent 3.38% of all U.S. residential properties in foreclosure as of July, up slightly from Q2 and the same period a year ago.

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Casa Grande annexes 1,271 acres

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