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Foreclosures

Detroit hits pause on tax foreclosures to help homeowners during COVID-19

by Eli Newman
May 13, 2020
Wayne County estimates roughly 10,000 properties were scheduled for tax foreclosure this year, including about 3,200 owner-occupied homes.
Pressing pause on tax foreclosures is a solution to a long-standing problem in Detroit.
Eli Newman
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Shelf Life

Who benefited from America's housing bust?

by Amy Scott and Maria Hollenhorst
Nov 15, 2019
Millions of Americans lost their homes during the foreclosure crisis. Investigative reporter Aaron Glantz wanted to know who got them.
A foreclosed townhouse in Centreville, Virginia, in 2009.
Paul J. Richards/AFP via Getty Images
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Fall of the Berlin Wall

How Reno, Nevada, turned its economy into a small powerhouse

by David Brancaccio , Rose Conlon , Daniel Shin and Erika Soderstrom
Nov 8, 2019
Mayor Hillary Schieve said playing on the region's strengths and diversifying its economy helped revive the struggling, post-recession city.
A neon sign welcomes people to Reno, Nevada.
Keystone/Getty Images
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In some cities, foreclosures are still on the rise

by Amy Scott
Apr 12, 2019
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.
Justin Sullivan/Getty Images
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Divided Decade

One legacy of the housing crisis: risky rent-to-own deals

by Amy Scott
Jul 2, 2018
The contracts often saddle would-be homeowners with expensive taxes and repairs.
The house Maureen Seymour has been trying to buy could be condemned by the city and demolished, along with her $25,000 investment.
Amy Scott/Marketplace
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Foreclosure rate is the lowest since 2005, report says

by Mitchell Hartman
Jan 18, 2018
Foreclosure activity fell in 2017 to a 12-year low, according to a new report by ATTOM Data Solutions. In 2017, 0.5 percent of all U.S. residential properties were in some stage of foreclosure — notice of default, scheduled auction or…
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Foreclosures down from 2015, but persistent in certain states

by Lewis Wallace
Jul 14, 2016
The mortgage crisis has a long tail in many communities, but is invisible in others.
Justin Sullivan/Getty Images
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What happened to all those foreclosed homes?

by Adriene Hill
Mar 8, 2016
Foreclosures are down, but home ownership isn't back up. What gives?
People dress as foreclosed homes during a protest in 2012 in New York.
TIMOTHY A. CLARY/AFP/Getty Images
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Foreclosures now 'normal' at 10-year low

by Mitchell Hartman
Dec 10, 2015
A new report shows foreclosure filings nationwide have fallen 7 percent.
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'Zombie' homes give Chicago operators an opportunity

by Dan Weissmann
Aug 24, 2015
Properties in nice areas are still up for grabs 7 years after the mortgage crisis.
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