Foreclosures

Getting Bullish on Housing

Peter Coy and Prashant Gopal report on recent developments in the housing market that may signal a solution to the four-year-old crisis.

9 February 2012 - 11:00am

Bloomberg/Business Week

On the Docket: Stabilizing Neighborhoods in Cleveland

Real estate speculators are being fined big bucks in Cleveland for letting properties sit vacant, but the jury's still out on whether this is the key to stabilizing neighborhoods.

22 January 2012 - 9:00am

Shelterforce

Foreclosing on the African American Community

Foreclosures continue to decimate communities around the nation, with black neighborhoods being the hardest hit. However, it is investors, not homeowners, who account for the adverse impact on the nation's black communities, write John Gilderbloom and Gregory Squires.

9 January 2012 - 11:00am

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The 'Sword and Shield' Approach to Preventing Foreclosure Evictions

An innovative tenants-rights organization in Boston combines community activism and financial backing to force banks to sell foreclosed homes back to the previous owners.

8 January 2012 - 9:00am

Shelterforce

Apartment Vacancies Reach 10-Year Low

Apartment rents rise as housing sales remain rocky, foreclosure rates increase, and mortgage requirements increase.

6 January 2012 - 9:00am

Crains New York Business

Bank Doesn't Need Proof it Owns Your Mortgage to Foreclose in Colorado

Starting in 2002, the Colorado legislature began to make it easier to foreclose on properties in Colorado. Original loan documents are no longer required to prove the bank actually owns the property.

1 October 2011 - 1:00pm

The Denver Post

Citi Gives $2.75m for Neighborhood Stabilization Programs

Multinational financial services company Citigroup was bailed out by federal stimulus funds after taking large losses on bad mortgages. Today, Citi Foundation is helping fund projects in 10 metro areas to increase stability and prevent foreclosures.

30 September 2011 - 1:00pm

Citi

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1 comment

Cleveland's Land Bank Fights Blight of Foreclosures

With a high rate of foreclosure, Cleveland instituted a land bank to rein in rampant vacancies. After two years, the program has made some headway.

30 August 2011 - 8:00am

NPR

Turning Foreclosures into Rentals

As the Federal Housing Administration looks for new ways of dealing with the nation's foreclosed homes, more voices are calling for those homes to be repurposed as rentals.

11 August 2011 - 6:00am

Marketplace

Inside California's Foreclosures

California's San Joaquin Valley has become a hotbed of foreclosed homes. But beyond mere statistics, these homes are real places, and a new series of photographs documents them as scenes of surrender and abandonment.

19 July 2011 - 9:00am

Places

L.A. tries to Sue Superbank 'Slumlord'

The city of Los Angeles is attempting to sue Deutsche Bank, the owner of thousands of foreclosed and blighted homes in the city. If it works, other cities could follow.

7 May 2011 - 9:00am

Marketplace

Tensions in Condo Complexes Over Foreclosures, Neglect

Reporter Dan Fitzpatrick goes to Florida, where slow foreclosures are making cranky neighbors who are footing the bill for the upkeep.

1 January 2011 - 9:00am

The Wall St. Journal

A Decade of Growth, But Then the Bust

Nevada was the fastest growing state in the nation over the last ten years, but amid that growth has been a severe economic downturn.

29 December 2010 - 9:00am

The New York Times

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Hardly a Celebration

With a recent murder, a shootout-turned-suicide, and a high rate of foreclosure, the reality of Celebration, Florida, is less ideal than appearances would suggest.

28 December 2010 - 10:00am

Next American City

A Photographic Tour of a Foreclosure Hotbed

Modesto, California has one of the highest rates of foreclosure in the U.S. This collection of photography documents the city's abandoned homes.

10 December 2010 - 7:00am

Telstar Logistics

The "Monumental Folly" of California City

Created by Nathan Mendelsohn, California City is the state's thrid largest in size but exists mostly in his imagination. Home to 14000 people who inhabit one end of the massive tract, just a corner next to over 185 square miles of empty development.

16 August 2010 - 5:00am

Los Angeles Times

Utah Takes Possession of Half-Built Development

The State of Utah sold the development rights to for a new town to SunCor, a developer that had to bail on the project before it was half-completed. Utah bought the ailing, incomplete town from the developer and is hoping their gamble pays off.

17 July 2010 - 7:00am

Stateline.org

Suburban Decline and Urban Growth Predicted

According to the new book, Foreclosing the Dream: How America's Housing Crisis Is Reshaping Our Cities and Suburbs, development is shifting to cities more strongly than most Americans realize.

23 June 2010 - 2:00pm

New Urban News

A Blight Fighter in Ohio

Judge Raymond Pianka of Cleveland’s Housing Court has taken a hard line on landowners that let their homes fall into disrepair, blighting suffering neighborhoods. But a higher court may be clipping Pianka's wings.

12 June 2010 - 1:00pm

Next American City

The De-Evolution of a Suburban Gated Community

Inside this gated community in the L.A. suburb of Hemet, the recession is taking a tough toll and making life difficult for the families that had moved there for quiet calm.

31 March 2010 - 7:00am

Los Angeles Times