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Real estate market recap, Oct. 5-9

10/11/2015

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Check Inman every day for the daily version of this market roundup. Weekly mortgage rates: Powered by MortgageCalculator.org Powered by MortgageCalculator.org Thursday, Oct. 8: RealtyTrac’s U.S. Zombie Foreclosure and Vacant Property Report: A “zombie foreclosure” happens when a homeowner moves out of the home after foreclosure proceedings have started, but then the foreclosure is held up in some way or canceled, leaving the title in the homeowner’s name. This phenomenon is on the decline. A RealtyTrac report shows that 20,050 properties were vacant zombie homes at the end of the third quarter. That’s a decrease of 27 percent since the second quarter, and 43 percent from the same quarter last year. Wednesday, Oct. 7: Mortgage Bankers Assoc…

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