Foreclosure Homes

Foreclosure homes for sale in a neighborhood bring nothing but devastation to the area’s economy and housing market. Foreclosure properties pull down home values and prices and become eyesores to the neighborhood.
In Rice County, Minnesota, about 236 foreclosure properties were reported in the first nine months of this year. This devastating effect of foreclosure is [...]

The still high number of Chicago foreclosed homes for sale has driven two housing projects in the Chicago area, although indirectly. Just like in any other metro area in the U.S., foreclosure houses and abandoned homes cause neighborhood blight. On the other hand, the low prices of foreclosure properties also help improve home affordability.
In the [...]

The still large number of Las Vegas foreclosed homes for sale has attracted the attention of the national advocacy association Neighborhood Assistance Corporation of America.
The city of Las Vegas, including neighboring Paradise, topped a survey of foreclosures in the 203 largest metro areas in the country for the first two quarters of this year.
The Las [...]

Frustrated by the growing number of homes for sale, some communities in Detroit, Michigan launched home inspection programs to address the blight that foreclosures brought to their neighborhoods.
The home inspection program is a way for communities to address the blight that foreclosure properties created in their neighborhoods.
Local officials said that the inspection of exteriors of [...]