The IRE website will be unavailable while we complete routine maintenance on Friday, May 21 from 8-10 am CT.
IRE favicon

Foreclosure increase threatens neighborhoods

Brad Branan of The Fresno Bee found that the number of foreclosures in Fresno County increased 405 percent in 2007, with the brunt of the mortgage crisis impacting already vulnerable neighborhoods. According to the article, "Already there are signs that a torrent of foreclosures could trigger more crime and decay in the city's struggling core." Branan analyzed bank repossession data from RealtyTrac and merged the information with city code violation records. He discovered many of the vacant structures attract graffiti, squatters and other problems that can lead to more serious issues, such as lower property values and crime.

141 Neff Annex   |   Missouri School of Journalism Columbia, MO 65211   |   573-882-2042   |   info@ire.org   |   Privacy Policy
crossmenuwarning linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram