Foreclosure

Blog post
6 days ago
Arnab Chakraborty of the University of Illinois at Urbana-Champaign and Andrew McMillan of the University of Maryland College Park guest blog about a recent article in the Journal of Planning Education and Research.
JPER
September 30, 2018, 7am PDT
While the Detroit Land Bank has had its ups and downs, it has made significant progress in a city with no shortage of vacant and delinquent properties.
Detroit Free Press
November 18, 2017, 7am PST
Despite de Blasio's campaign promises, the city of New York still doesn't count vacant properties, a negligence that advocates for the homeless have been fighting for years.
Next City
August 28, 2015, 2pm PDT
Planners get involved with foreclosure by assisting residents threatened with foreclosure or addressing community impacts such as blight, vacancy, and property disinvestment. A look at vacant property fees as a tool for dealing with foreclosure.
Maine Association of Planners
July 6, 2015, 1pm PDT
Over one half of Detroit's foreclosed homes are blighted or abandoned. Buyers who purchased the homes for as little as $1 have little incentive to keep them in good shape—or pay taxes.
The Detroit News
Blog post
March 2, 2015, 6am PST
A recent property professors' conference discussed a variety of issues of possible interest to planners including tightened home lending standards, municipal policies affecting the homeless, the Fair Housing Act, and inclusionary zoning.
Michael Lewyn
January 9, 2015, 10am PST
Seven years after the housing bust began, millions of Americans are still suffering. And suffering is the operative word—because both foreclosures and economic inequality impact people’s health.
Rooflines
January 31, 2013, 12pm PST
A Detroit-based maker of "crowdfunding and social mapping systems," has developed an interactive map of the tax status of every property in Detroit. In bright yellows, oranges, and reds, the city's property tax "black hole" is brutally clear.
The Atlantic Cities
January 15, 2013, 9am PST
Even in the Washington D.C. region, which survived the Great Recession with one of the strongest economies in the country, foreclosed and vacant homes are a stubborn presence in many neighborhoods, including affluent ones.
The Washington Post
July 2, 2012, 11am PDT
A new report by Oakland, CA nonprofit Urban Strategies Council reveals that a massive surge has occurred in investor-speculator ownership in the city's low-income neighborhoods in the wake of the foreclosure crisis.
InfoAlamedaCounty.org
February 7, 2012, 9am PST
President Obama's multi-billion dollar proposal to help homeowners involves providing them refinanced, government-backed loans. The plan is not without its doubters, however.
PBS NewsHour
January 11, 2012, 5am PST
From movie sets to pot farms to low-income housing, foreclosed homes have been converted in unepected and resourceful ways. Catherine Rampell reports.
The New York Times
November 25, 2011, 5am PST
The city of Pacoima, CA is going ahead with a new program that transforms foreclosed homes into pocket parks. Vacant lots are being considered in addition to 10 foreclosed sites.
LA Daily News
November 15, 2011, 6am PST
In Merced, California, students fill in the large homes chockablock with amenities and left vacant by a high foreclosure rate. Rents often go for under $300 a month.
The New York Times
October 6, 2011, 6am PDT
Until the foreclosure process is finalized, apartment buildings are the responsibility of no one in particular. Around New York City, writes Chris Opfer, foreclosing banks are increasingly being given the task of maintaining and repairing them.
Gotham Gazete
July 11, 2010, 1pm PDT
What's not known is how many of the homes are investments, or primary or secondary residences, but it's clear that the foreclosure rate for mortgages exceeding $1million is higher than for lower priced homes, according to the New York Times analysis.
The New York Times - Economy
April 5, 2010, 6am PDT
Texas' strict banking regulation may be partially responsible for its economic health.
The Big Money
March 7, 2010, 9am PST
One in five Detroit homes is in foreclosure and asking prices are dropping to extreme lows. Many in the city question what lies in the future for the struggling city.
Guardian
December 15, 2009, 8am PST
In trying to turn people into homeowners, the city of Cleveland's participation in a federally-funded home loan program greatly exacerbated its foreclosure crisis.
The Cleveland Plain Dealer
August 19, 2009, 6am PDT
With foreclosures racking up, the state of Florida is entering a dark period. Despite the dire prognosis, the stat'es historic ups and downs hint that Florida may be able to come back.
The New York Times