June 10, 2013, 7am PDT
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.
June 2, 2013, 7am PDT
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.
January 25, 2013, 1pm PST
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.
The Architect's Newspaper
December 14, 2012, 6am PST
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.
August 27, 2012, 9am PDT
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.
August 21, 2012, 5am PDT
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.
July 18, 2012, 1pm PDT
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."
June 30, 2012, 9am PDT
After seizing control of a condo association, a Pennsylvania developer has forced 11 homeowners to sell their units for as little as a third of their appraised value, leaving them stranded with crippling mortgages, Teke Wiggin reports.
May 10, 2012, 10am PDT
Struggling families and young professionals are competing for a dwindling supply of ever more pricey rentals, Alejandro Lazo reports.
April 5, 2012, 6am PDT
A California real estate group aims to capitalize on cheap foreclosures, collecting homes en masse thanks to a semi-automated decisionmaking system.
March 29, 2012, 12pm PDT
Are we alone in being a bit confused by recent reports on the state of the housing market? Two recent articles muddy the waters on whether signs are pointing to a housing market recovery or relapse.
February 28, 2012, 1pm PST
In an effort to stabilize neighborhoods and reduce the glut of foreclosures in the marketplace, Fannie Mae is beginning to sell foreclosed properties in bulk to investors to test the market for rental homes, write Alan Zibel and Nick Timiraos.
The Wall Street Journal - Developments Blog
February 9, 2012, 11am PST
Peter Coy and Prashant Gopal report on recent developments in the housing market that may signal a solution to the four-year-old crisis.
January 22, 2012, 9am PST
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.
January 9, 2012, 11am PST
Foreclosures continue to decimate communities around the nation, with black neighborhoods being the hardest hit.
January 8, 2012, 9am PST
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.
January 6, 2012, 9am PST
Apartment rents rise as housing sales remain rocky, foreclosure rates increase, and mortgage requirements increase.
October 1, 2011, 1pm PDT
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.
September 30, 2011, 1pm PDT
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.
August 30, 2011, 8am PDT
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.