The housing crisis is alive and well in Maryland, as a second wave of foreclosures inundates the state. Though thousands of residents may be forced out of their homes, experts are confident the properties "will be snatched up quickly."
Aug 13, 2013 The Washington Post
Richmond, California is prepared to become the first city in the U.S. to use eminent domain, a power traditionally utilized to force owners to vacate their land in the name of the public good, for the purposes of stopping foreclosures.
Jul 30, 2013 The New York Times
Federal money earmarked to help prevent foreclosures and assist underwater homeowners will instead be used to fund housing demolitions in a $100 million pilot project in five Michigan cities.
Jun 10, 2013 The Atlantic Cities
Ben Austen traces how foreclosures, crime, and depopulation have decimated areas in the South and West Sides of Chicago, and the 'do-it-yourself empowerment zones' that are trying to make use of vacant properties and turn around these neighborhoods.
Jun 2, 2013 The New York Times
Although the nation's housing market appears to be improving, the foreclosure crisis is far from over. Following in the footsteps of other localities, Cook County, Illinois, is creating a countywide land bank to help address its foreclosures.
Jan 25, 2013 The Architect's Newspaper
Ohio has been one of the hardest hit states by the recent wave of foreclosures, with filings continuing to rise. Susie Cagle looks at the variety of state and local policies and programs arming communities with new tools to fight blight.
Dec 14, 2012 Grist
Last week, Los Angeles Mayor Antonio Villaraigosa launched the city's "50 Parks Initiative," a public-private partnership that plans to add over 170 acres of new park space throughout the city's "park-poor population-dense" neighborhoods.
Aug 27, 2012 Streetsblog LA
President Obama can rightfully claim that many of the initiatives his administration pushed through in his first years in office helped reverse the acute economic slide he inherited. His efforts to cleanup the housing crash were far less successful.
Aug 21, 2012 The New York Times
Jessica Garrison and Angel Jennings report on a new lawsuit filed this week by the City of Los Angeles that is part of "an aggressive attempt to deal with the urban decay caused by the housing crash."
Jul 18, 2012 Los Angeles Times
After seizing control of a condo association, a Pennsylvania developer has forced 11 homeowners to sell their units for as little as a third of their appraised value, leaving them stranded with crippling mortgages, Teke Wiggin reports.
Jun 30, 2012 AOL Real Estate