Foreclosure Crisis

Brooklyn foreclosed homes for sale under $300,000 are expected to swamp the New York housing market. Results of a recent market study showed that the foreclosure crisis has severely affected multi-family buildings located in low income neighborhoods in Brooklyn.
The study showed that 80 percent of repossessions filed in Brooklyn since last year was for mortgage [...]

The number of Denver foreclosures for sale is expected to grow by as much as 3.5 million in the next two years. This is the bleak prediction of industry experts as they noted the increasing number of homeowners who lost their jobs or have reduced their income.
Market data showed that 2009 will surpassed the number [...]

Oregon is seeing the number of properties on foreclosure home listing growing daily. The economic downturn is taking its toll on the lives of residents and neighborhoods from Portland, Salem to Medford and even in rural areas.
Aside from the increasing foreclosure home listing that has been plaguing the state for some time now, Oregon is [...]

The accuracy of the 2010 census count will be greatly affected by the increasing number of foreclosure homes across the country. U.S. Census Bureau Director Robert Groves explained that many families who have lost their houses to foreclosures have moved in with relatives or friends or have become homeless.
He expects that census questionnaires that will [...]