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Tag Archives: zombie foreclosures
Neighborhoods Becoming Increasingly Creative In Wake of Zombie Foreclosures
In the wake of the great recession, millions of Americans are finding that their neighborhoods are having to deal with the remnants of the foreclosure crisis. Tens of thousands of homes, which went into foreclosure often times years ago, are … Read More
What Is A Zombie Foreclosure And How Does It Affect A Community?
One of the long lasting vestiges of the Great Recession and the ensuing foreclosure crisis is the so-called zombie foreclosure. Unlike a typical foreclosure, which attracts purchase activity due to its reduced price, a zombie foreclosure is a home which … Read More