Foreclosure

Foreclosure Rate Highest Among Wealthy

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.

July 11, 2010 - The New York Times - Economy

Banking Regulation, Not Real Estate Reregulation, Saved Texas

Texas' strict banking regulation may be partially responsible for its economic health.

April 5, 2010 - The Big Money

Tough Times in Detroit, But Some Hope Remains

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.

March 7, 2010 - Guardian

Home Loan Program Fueled Foreclosure Boom in Cleveland

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.

December 15, 2009 - The Cleveland Plain Dealer

Troubled Florida Not Losing Hope Yet

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.

August 19, 2009 - The New York Times

The ABCs of Homeownership

While the Massachusetts Affordable Housing Alliance is helping people buy homes, their aim is to build an army of trained homeowners to engage their own neighbors in organizing and advocacy.

August 11, 2009 - Shelterforce Magazine

The Bust of Williamsburg

Sales in Brooklyn are down, and that's made a ghost town out of the recently booming but now busted Williamsburg neighborhood.

July 15, 2009 - New York Magazine

Fighting Foreclosures

Fort Lauderdale joins a national program which will provide $3.7 million to change foreclosed homes into affordable housing.

June 8, 2009 - Sun-Sentinel

Office of Urban Affairs Should Help Manage Foreclosures

Dealing with abandoned and foreclosed properties should be high on the list of priorities for the new White House Office of Urban Affairs, says Justin Hollander, assistant professor at Tufts.

May 26, 2009 - American City & County Magazine

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