Foreclosures
Foreclosures Become Kidnapping Centers
In Phoenix, human traffickers are using foreclosed homes to hold illegal immigrants hostage.
Foreclosures Lose Stigma, Attract Buyers
Americans are much more willing to consider buying a foreclosure than in the recent past, according to a new survey by online real estate site Trulia.
Washington, Stop Promoting Homeownership
Steven Malanga looks back at a century of efforts by Washington to promote homeownership, which he says 'has produced one calamity after another.'
The Emptiest Neighborhoods in America
A neighborhood in Buffalo, N.Y. is one of the emptiest in the U.S., according to a new analysis of the census from the Associated Press. About 1 out of every 3 homes is vacant.
Metro Seattle Struggling with Foreclosures
Foreclosures are skyrocketing in metropolitan Seattle, where some areas have seen figures triple as compared to recent years.
Preaching Urbanity in Salt Lake City
Salt Lake City has seen its share of foreclosure in its outer suburbs. Local planners and urban planning professors see this as an opportunity to convince locals of the benefits of city living.
One in Nine U.S. Homes Empty
Empty homes are littered in cities across the country. According to the U.S. Census Bureau, one out of every nine U.S. homes is unoccupied.
Banks Abandoning Foreclosed Homes
In cities across the country, banks are ditching out on foreclosed homes, giving more worries -- and bills -- to homeowners.
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.
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.
Shantytowns, USA
The economic crisis is leading to a surge in homelessness and the growth of tent cities in many U.S. cities.
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.
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.
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.
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.
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.
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."
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.
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.
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.
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