Until the foreclosure process is finalized, apartment buildings are the responsibility of no one in particular. Around New York City, writes Chris Opfer, foreclosing banks are increasingly being given the task of maintaining and repairing them.
Oct 6, 2011 Gotham Gazete
What's not known is how many of the homes are investments, or primary or secondary residences, but it's clear that the foreclosure rate for mortgages exceeding $1million is higher than for lower priced homes, according to the New York Times analysis.
Jul 11, 2010 The New York Times - Economy
Texas' strict banking regulation may be partially responsible for its economic health.
Apr 5, 2010 The Big Money
One in five Detroit homes is in foreclosure and asking prices are dropping to extreme lows. Many in the city question what lies in the future for the struggling city.
Mar 7, 2010 Guardian
In trying to turn people into homeowners, the city of Cleveland's participation in a federally-funded home loan program greatly exacerbated its foreclosure crisis.
Dec 15, 2009 The Cleveland Plain Dealer
With foreclosures racking up, the state of Florida is entering a dark period. Despite the dire prognosis, the stat'es historic ups and downs hint that Florida may be able to come back.
Aug 19, 2009 The New York Times
While the Massachusetts Affordable Housing Alliance is helping people buy homes, their aim is to build an army of trained homeowners to engage their own neighbors in organizing and advocacy.
Aug 11, 2009 Shelterforce Magazine
Sales in Brooklyn are down, and that's made a ghost town out of the recently booming but now busted Williamsburg neighborhood.
Jul 15, 2009 New York Magazine
Fort Lauderdale joins a national program which will provide $3.7 million to change foreclosed homes into affordable housing.
Jun 8, 2009 Sun-Sentinel
Dealing with abandoned and foreclosed properties should be high on the list of priorities for the new White House Office of Urban Affairs, says Justin Hollander, assistant professor at Tufts.
May 26, 2009 American City & County Magazine