Planetizen - Urban Planning News, Jobs, and Education

Foreclosed Homes

January 29, 2018, 7am PST
National economic indicators may look good, but some areas are still clawing their way back from the 2008 recession. Cleveland's Slavic Village, an "epicenter" of the foreclosure crisis, is one of them.
Marketplace
January 5, 2018, 7am PST
Located primarily in the western states, some suburbs were hit hard by the 2008 recession and still haven't recovered. Many have seen an influx of low-income residents and upticks in crime.
The Atlantic
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
June 20, 2010, 7am PDT
A new rule proposed by federal regulators would allow bank investments made for neighborhood stabilization efforts and donations of foreclosed properties to be count towards compliance with the Community Reinvestment Act.
Reuters