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Report: 'Zombie,' Foreclosed Properties Drop Values For Everyone

Property values in Westchester, Putnam and Dutchess counties are declining due to foreclosed and zombie properties, reports lohud.com.

Sen. Terrence Murphy

Sen. Terrence Murphy

Photo Credit: Provided

The Senate Independent Democratic Conference and Sen. Terrence Murphy, R-Yorktown issued a report examining bank-owned and zombie properties in the 40th Senate District, reports lohud.com.

There are 49 bank-owned properties and 91 zombie properties, which are abandoned properties not yet in foreclosure, reports lohud.com.

Homes in the region have dropped in value $3.3 million due to bank-owned, foreclosed and zombie properties, reports lohud.com.

Click here to read the lohud.com story.

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