Flood Of Foreclosures, "For Sale" Signs Hitting Working Class Northeast Neighborhoods Hard

The extent to which the residents in Northeast working class neighborhoods are being hurt by foreclosures and the high level of housing inventory currently on the market is described in three recent articles on the state of affairs of neighborhoods in The Bronx (New York), Newark (New Jersey), and New Bedford (Massachusetts). For more, see:

• The New York Daily News: Foreclosures affect Bronx homeowners,
• The Newark Star Ledger: The mortgage crisis' block of despair,
• The Standard Times (New Bedford): Neighbors cope with blight of vacant houses.

Go here and go here for other posts on vacant homes leaving its mark on neighborhoods. neighborhood destruction from foreclosures zach