Auctions

Changes to Detroit's Foreclosure Auctions Disempower Homeowners and Tenants

A new law makes it impossible for property owners delinquent on their property taxes to bid in a foreclosure auction to keep their homes. Larger, commercial interests are benefitting from the change.

September 21, 2015 - CityLab

Detroit Vacant Properties

A Better Solution to Reusing Abandoned Property: Evidence from Flint and Detroit

Margaret Dewar of the University of Michigan blogs about her new article in Journal of Planning Education and Research, which investigates reuse of abandoned property in Detroit and Flint. You can download the article free until August 31, 2015.

July 29, 2015 - JPER

To Auction or Not? Philadelphia Proceeds with Tax Lien Auction Despite Criticism

In an ongoing effort to turn around its stock of vacant, tax delinquent properties, the city of Philadelphia will send some 1,400 liens to auction.

June 25, 2015 - NewsWorks

Nothing to See Here: Detroit's Blockbuster Blight Bid Falls Through

Anna Clark has the scoop about the latest wrinkle in the blockbuster Detroit blight auction: the surprise, mysterious bid for 6,000 parcels if off the table.

November 6, 2014 - Next City

Wild Detroit

$3.2 Million Bid for 6,000 Foreclosed Properties in Detroit Auction

Karin Weise reports that an anonymous bidder will pay $3.2 million to purchase 6,000 foreclose homes in Detroit.

October 27, 2014 - Business Week

Baltimore's Code Enforcement Has Teeth with 'Vacants to Value' Initiative

Baltimore is increasing lawsuits against negligent property owners with outstanding code violations. As part of the city's "Vacants to Value" initiative, forfeited properties are transferred to receivership and auctioned to new owners.

July 24, 2014 - The Baltimore Sub

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