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Foreclosure

Grandmother's foreclosed home tests new California law

by Molly Solomon
May 6, 2021
The law gives tenants and nonprofits the opportunity to match a bid made at a foreclosure auction and purchase a property.
Jocelyn Foreman poses with a community land trust agreement during a signing ceremony and celebration at Malcolm X Elementary School in Berkeley on April 23.
Beth LaBerge/KQED
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COVID-19

How homeowners have gained a financial advantage during the pandemic

by Amy Scott
Sep 10, 2020
During the Great Recession, owning a house could sink you. Now, it's a life raft.
A house for sale in South Pasadena, California, in April.
Frederic J. Brown/AFP via Getty Images
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Divided Decade

10 years after the housing crisis, thousands of zombie homes are still stuck in foreclosure limbo

by Marielle Segarra
Jun 13, 2018
Home values in much of the country have recovered, and in many places it's a seller's market. So long as there isn't a zombie on your block.
David McNew/Getty Images
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New Detroit program uses bridge construction benefit to repopulate tax-foreclosed homes

by Laura Herberg
Apr 19, 2018
The city hopes to relocate 240 families.
Maria Walkenbach’s home, located near the bridge construction area. 
Laura Herberg/ for Marketplace
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Divided Decade

U.S. mortgage debt rises to $8.8 trillion

by Sabri Ben-Achour
Feb 13, 2018
The housing market is turning around.
Protesters work on a prop in Freedom Plaza as they prepare for a rally against big banks and home foreclosures in Washington, DC, May 20, 2013. 
JIM WATSON/AFP/Getty Images
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Divided Decade

10 years later, Cleveland is still digging out of the foreclosure crisis

by David Brancaccio , Katie Long and Adrian Ma
Jan 25, 2018
Some neighborhoods saw prices fall 85 percent.
A view of Broadway Avenue in Cleveland, Ohio.
Tim Evanson/Visual hunt
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What happens to your house when you get deported?

by Reema Khrais
Aug 10, 2017
Most undocumented immigrants who are deported are Latino men with jobs. That has a ripple effect on housing.
 Immigrant services staffer Lorely Peche (C), speaks with immigrant parents fearing deportation on March 25, 2017 in Stamford, Connecticut. 
John Moore/Getty Images
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Zombie properties returning to life

by Gigi Douban
Sep 8, 2016
It's the 'last innings for the recovery,' Wharton School professor says.
A vacant home stands next to a partially constructed condo building in Rockaway Beach, New York. 
Mario Tama/Getty Images
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Detroit homeowners still struggling with foreclosure

by Marketplace Contributor
Aug 2, 2016
In many cities, poor people rent — but the home ownership rate in Detroit is high.
Warren Hicks stands in front of his home in northwest Detroit.
Eilis O'Neill
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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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