Wednesday, July 29, 2009

City Neighborhoods Dig In to Protect Fragile Gains - Wall Street Journal

"I'm getting so much exercise, it's ridiculous," Ms. Shepherd said on a recent afternoon. West Oak Lane has the kind of yo-yo economic history that marks many urban areas. The 80-year-old neighborhood had been on an upswing thanks to the efforts of ..., more 
and Only Forceful Action Can Change Foreclosure Crisis Tide - The Washington Independent.com  The time may be ripe for a shift in strategy as the foreclosure machine grinds on, and new foreclosure notices reach the troubling milestone of 10,000 per day. A weak economy has added job losses and falling home values to the mix of toxic loans that ..., more 
and High-end home foreclosures next housing dilemma? - WRAL  Raleigh, N.C. — Even million-dollar homes in nice neighborhoods are not immune to the housing crisis. Experts say that the increasing number of high-end homes going into foreclosure is the next big housing dilemma. Nearly 30 high-end homes ..., more 

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