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

Sen. Terrence Murphy
Sen. Terrence Murphy Photo Credit: Provided

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

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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