Foreclosures
New Ohio Law Fast Tracks Foreclosures for Vacant Properties
The Federal Reserve Bank of Cleveland provides an early assessment of a new foreclosure law in Ohio designed to help reduce vacant and blighted properties in the state.
Starter Homes Are a Non-Starter
As prices rise, especially in desirable urban markets, what used to be called "starter homes" rarely come up for sale. And when they do, they go for more than first time home-buyers can afford.
Detroit Gets Another Round of Property Tax Reductions
In an effort to bring relief to homeowners, the city will reduce property taxes on 95 percent of the city's residential properties.
Terms and Concepts for Understanding Land Banks
Clarifying some of the jargon that drives the land bank process in Cuyahoga County, Ohio reveals the importance and scale of neighborhood stabilization in some parts of the country.
Grassroots Activists Take On Evictions, Displacement
On the ground, combating gentrification means putting a stop to cost-driven displacement and evictions. Grassroots organizations in some of the hardest-hit cities have dedicated themselves to that task.
Nothing to See Here: Detroit's Blockbuster Blight Bid Falls Through
Anna Clark has the scoop about the latest wrinkle in the blockbuster Detroit blight auction: the surprise, mysterious bid for 6,000 parcels if off the table.
$3.2 Million Bid for 6,000 Foreclosed Properties in Detroit Auction
Karin Weise reports that an anonymous bidder will pay $3.2 million to purchase 6,000 foreclose homes in Detroit.
New Jersey Communities Build Coalition to Track Abandoned Properties
The residents of Camden County in New Jersey, across the Delaware River from Philadelphia, banded together to catalog the abandoned properties in their neighborhoods, where the problem of abandoned, or "zombie" properties, is growing.
Reducing the Number of Abandoned Properties in Louisville
Louisville, like many other cities around the country, has been working hard to reduce the number of abandoned buildings. Recent efforts have provided the city with a new road map for blight reduction.
Colorado Foreclosures Hit Ten-Year Low
Foreclosures, the defining signifier of the Great Recession for many Americans, are coming to a screeching halt in Colorado. In fact, the state’s foreclosure rate improved at about twice the national average between 2012 and 2013.
Despite Threats, Interest in Using Eminent Domain to Stop Foreclosures Grows
Since it announced a plan to combat foreclosures by using eminent domain, Richmond, CA has been beset by opposition from Wall Street and Washington. Despite the threats, other cities are exploring using the controversial tool.
Foreclosures Surge in Maryland, as Second Wave of Housing Crisis Crashes
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."
Using Eminent Domain to Keep People in Place
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.
Federal Funds Intended to Help Homeowners Will Instead Fund Demolitions
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.
How Chicago's Housing Crisis Became a Moral Crisis
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.
Chicago Area Taking Aggressive Steps to Stabilize Housing Market
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.
Ohio Makes it Easier to Fight Blight
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.
New Initiative Seeks to Address L.A. Parks Disparity
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.
How Obama Bungled the Housing Crisis
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.
Will a New Lawsuit Force 'Slumlord' US Bank to Cleanup Its Act?
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."
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
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