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US residents leave their houses due to mortgage debts

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US residents leave their houses due to mortgage debts

Situation on the U.S. housing market has significantly improved for the last years, however, the consequences of a mortgage crisis have their effect on it. 

As a result, many houses that are left by their owners because of mortgage debts remain vacant, what causes troubles for the neighboring households.

In the third quarter of 2016, the number of such houses totaled 18,304, what is 8% less than the figure of the similar period last year, according to the data of ATTOM Data Solutions, which owns a real estate website, RealtyTrac.

At the same time, the number of vacant houses owned by banks has increased by 67% this quarter, compared to the similar period of time last year, up to 46,604 houses.

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