Foreclosure Crisis

Bronx foreclosed homes for sale still dot many neighborhoods in the area because of unemployment, income reduction, collapse of small businesses and the failure of federal and state foreclosure prevention programs.
The foreclosure of several apartment and condo buildings has also been adding to foreclosure statistics in the area.
Because of the downturn, the unemployment rate [...]

The prices of Tampa foreclosure homes for sale are falling at rates depending on the age of the house, the type of neighborhood and the stability of nearby communities, according to a study conducted by David Teacher, a real estate appraiser working with Superior Residential Appraisal Services Inc.
Teacher said that most of the residential properties [...]

The number of Fort Worth foreclosure homes for sale is still rising largely because of delayed foreclosure postings. According to an Addison-based real estate research company, the increase in foreclosure postings in September included a lot of properties that should have been included in foreclosure listings in previous months.
Researchers said that the filing of loan [...]

The City Life/Vida Urbana, an organization of housing activists, has taken on militant strategies to prevent the spread of Boston foreclosure homes for sale. Members of the group have chained themselves to foreclosed properties in an effort to force banks to do their share in preventing the foreclosure crisis.
A recent move by members of the [...]