In improved housing market, developers bring ‘zombies’ back to life

Developers are trying to resuscitate the Huntleigh Ridge subdivision in Wentzville in one example of a growing trend in the St. Louis area: The revival of so-called “zombie homes.”

These homes appeared when overactive housing markets helped produce the housing crash of 2007. When the crash hit, building stopped. That left half-built houses and unfinished subdivisions in markets across the U.S.

St. Louis had a few zombies on the outskirts of the metro area, where cheap land lured builders eager to profit from the lively housing market. Now, as the market continues to recover, developers are returning to places like Huntleigh Ridge, which were once left for dead but now appear brimming with potential.

Read more from the St. Louis Post-Dispatch

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