Foreclosures

Where California's Foreclosure Hot Spots Went Wrong

This piece form the Modesto Bee looks at the growth and housing bust that has dramatically affected California's San Joaquin Valley -- home to some of the nation's highest rates of foreclosure.

31 March 2009 - 11:00am

The Modesto Bee

The Planetizen News Brief - 3/30/09

4:35 minutes (4.2 MB)

Virginia cuts the cul-de-sac, the rectilinear grid comes back into vogue, and the foreclosure crisis is shaking things up for the 2010 Census -- all on this week's Planetizen News Brief, airing every week on "Smart City". Read, listen or download.

30 March 2009 - 5:00am

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What Can Cities Do About 'Property Outlaws'?

More homeless people are squatting in abandoned suburban housing. Eduardo M. Peñalver, co-author of the forthcoming book "Property Outlaws" thinks cities should acquire these properties and allow the former owners to live in them as renters.

27 March 2009 - 9:00am

Slate.com

Shantytowns, USA

The economic crisis is leading to a surge in homelessness and the growth of tent cities in many U.S. cities.

26 March 2009 - 12:00pm

New York Times

Protecting Renters from the Foreclosure Crisis

Renters are the hidden victims of the foreclosure crisis: they are usually the last to know about foreclosure, have few resources to assist them and are being overlooked by federal interventions. But community organizers are fighting back.

20 March 2009 - 10:00am

Dollars and Sense

Cleaning Out and Keeping Up Foreclosures

As foreclosures spread throughout California's Inland Empire, empty homes need to be cleaned and maintained. To meet the demand, an industry is rapidly expanding.

20 March 2009 - 9:00am

The New York Times

1 in 13 Houses in Cleveland Vacant

With roughly 10,000 foreclosures in the last two years, Cleveland has been hit hard by the economic crisis.

9 March 2009 - 1:00pm

The New York Times

Negative Equity on Nearly One-Fifth of U.S. Homes

About one out of every five homes in America is worth less than what is still owed on its mortgage. The highest rates of negative equity are in Nevada, Michigan, Arizona, Florida and California.

6 March 2009 - 7:00am

Time

Incentive Program to Ward Off 4 Million Foreclosures

The Obama Administration has outlined plans to assist nearly 4 million homeowners in danger of foreclosure. The total cost to taxpayers runs close to $75 billion.

6 March 2009 - 5:00am

The New York Times

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Mortgage Rescue Plan Rolls Out

Americans caught up in the foreclosure crisis can now apply for relief from the Obama Administration's new "loan modification plan."

4 March 2009 - 12:00pm

CNN Money

Housing Prices Low, But Not Affordable

The housing market has bombed, bringing prices and values to devastating lows. But despite lower prices, affordable housing is still in too short of supply, according to this piece from Time.

2 March 2009 - 9:00am

Time

The Planetizen News Brief - 2/19/09

4:05 minutes (3.75 MB)

How the stimulus plan affects transit, energy, infrastructure and the environment, and how Obama plans to save America's housing -- all on this week's Planetizen News Brief, airing every week on the nationally-syndicated radio program "Smart City". Read, listen or download.

19 February 2009 - 5:00am

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Obama's $75 Billion Plan to Save America's Homes

President Barack Obama has announced a $75 billion plan to help counteract home foreclosures -- a move that aims to allow more than 9 million Americans to refinance their troubled mortgages.

18 February 2009 - 1:00pm

The New York Times

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Banks Exacerbating Foreclosure Crisis

Banks and financial institutions are making the foreclosure crisis worse, as lobbying efforts seek to block bankruptcy courts from gaining more power to reduce debt, according to this article from Der Spiegel.

17 February 2009 - 11:00am

Der Spiegel

Inland Empire Seeks Solutions to Foreclosure Crisis

Ron Loveridge, the mayor of the Inland Empire's largest city, Riverside, details how regional and local leaders are working to recover from the effects of the foreclosure crisis.

7 February 2009 - 1:00pm

The Planning Report

Communities Reeling from Foreclosure Crisis

America's foreclosure crisis is taking a heavy toll on communities by diminishing tax bases, lowering school enrollments, and contributing to rising crime.

19 January 2009 - 7:00am

Color Lines

Record Foreclosures in 2008

The latest figures show that one out of every 54 households were in foreclosure in 2008; analysts expect millions more foreclosures in the coming year.

16 January 2009 - 12:00pm

Foreclosures up a record 81% in 2008

New York's Plan to Avoid Blight

New York City has announced plans to use $24 million in federal financing to repair and resell more than 100 foreclosed homes in the city.

16 January 2009 - 7:00am

The New York Times

OC City May Snatch Up Foreclosed Properties

Huntington Beach is one of a few cities that is weighing the option to purchase its own foreclosed properties, and eventually making them affordable housing.

18 December 2008 - 8:00am

Orange County Register