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Apr 11, 2019

Foreclosures are at a 10-year low, but not everywhere

In several cities, foreclosures are higher than pre-recession levels. But property values are rising, loan defaults are down and the job market is strong, so what’s going on? Plus, the Midwest’s devastating floods and more.

A new report shows foreclosure filings nationwide have fallen 7 percent.
Jeff Turner/Flickr

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Segments From This Episode

The writer-agent dispute that is shaking up Hollywood
by Kai Ryssdal and Bennett Purser
David McNew/Getty Images
An entertainment lawyer breaks down what's next for television writers.
Another day, another storm
by Kai Ryssdal and Liz Sanchez
Scott Olson/Getty Images
Businesses in the Midwest are in the process of recovering from last month's floods.
For sale: A brand that pioneered cosmetics for women of color
by Erika Beras
Mike Simons/Getty Images
The company that launched Ebony and Jet magazines — Johnson Publishing Company of Chicago — has filed for bankruptcy. Johnson sold off its magazines in 2016, but held on to Fashion Fair, its cosmetics brand. When the brand hit the market in 1973, the department store counters that sold it were among the few places where […]
In some cities, foreclosures are still on the rise
by Amy Scott
Justin Sullivan/Getty Images
In cities like Baltimore and Philadelphia, the number of homes in the early stages of foreclosure is higher than it was before the financial crisis.