August 16, 2010, 5am PDT
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.
July 17, 2010, 7am PDT
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.
June 23, 2010, 2pm PDT
According to the new book, <em>Foreclosing the Dream: How America's Housing Crisis Is Reshaping Our Cities and Suburbs,</em> development is shifting to cities more strongly than most Americans realize.
June 12, 2010, 1pm PDT
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.
March 31, 2010, 7am PDT
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.
March 2, 2010, 2pm PST
Builders can't get credit but they may get jobs from banks, who, because of foreclosures, have unfinished homes that they need help completing.
February 17, 2010, 9am PST
New research from the Natural Resources Defense Council shows that the chance of foreclosure is higher in places with limited access to public transit.
January 6, 2010, 7am PST
A federal plan aimed at helping 3 to 4 million homeowners on the verge of foreclosure has fallen far short of expectations, enabling only about 31,000 loan modifications.
The Washington Independent
December 11, 2009, 9am PST
By the end of the year, more than 3.9 million homes will have been foreclosed in the U.S., the second year in a row that figures have broken previous records.
December 11, 2009, 5am PST
Former homeowners forced out of their houses are becoming renters. It seems to be a good thing for them -- and the economy.
November 21, 2009, 9am PST
Many of the thousands of commercial buildings erected on easy credit before the economic downturn remain underutilized or empty. Now those loans are coming due.
October 26, 2009, 8am PDT
It's almost Halloween, and that means it's time to celebrate America's most important holiday by dressing up in a silly costume. But what's that? Tired of culturally relevant costumes? Don't want the general public to have any idea what you are? Prefer a drawn-out, interest-losing explanation of an obscure and wonky costume concept? Then you're in luck, because I happily present the second edition list of the best urban planning costume ideas.
October 17, 2009, 9am PDT
Foreclosed homes in Phoenix are a new goldmine for one developer, who is buying up land near the city's mass transit lines and marketing properties as transit oriented development.
October 14, 2009, 11am PDT
The high amount of foreclosures is expected to make things tougher for Census officials as they prepare for 2010 Census enumeration.
October 7, 2009, 7am PDT
Thousands of subdivisions across the country have been abandoned mid-development by owners and developers hit hard by the economic recession. This video takes a tour inside one of these "zombie subdivisions".
September 14, 2009, 6am PDT
A Wells Fargo executive involved in foreclosures has reportedly been using a foreclosed Malibu, California, estate for personal parties on the weekends.
September 3, 2009, 12pm PDT
A new documentary tracks the meltdown of Wall Street and its impact on housing throughout the country. <em>The New York Times</em> offers this review.
August 8, 2009, 1pm PDT
Willingness to default on home loans has been found to increase in ZIP codes with high foreclosure rates, leaving foreclosure-heavy Las Vegas in danger.
July 27, 2009, 5am PDT
The supply of housing in Las Vegas is at a three-year low, a fact many attribute to prospectors buying up low-priced foreclosures in recent months.
July 13, 2009, 5am PDT
Abandoned and foreclosed properties are plaguing many cities. Now some are trying to turn the blight into prosperity by creating land banks to hold, remodel or demolish the properties -- and pull in some revenue while they're at it.