Foreclosure Prevention Research Clearinghouse

The foreclosure prevention clearinghouse provides data and research summaries that have been selected and curated regarding policy-relevant real estate research and default prevention resources which are best suited to restoring municipalities and counties to former real estate stability. Responding to home foreclosures in a community takes concerted efforts but headway can be made if community members are mobilized and committed. Materials from the Clearinghouse have been provided by the folks at www.ForeclosureResponse.org, as well as academic, external organizations, and other community members such as business associations, chambers of commerce, and community leaders.

Why Foreclosure Matters

Analysis of Abstract Article: The Current State in Foreclosure and Real Estate Crisis. The crisis in the housing market is past, yet the housing peak continues to evade and cause damage among the real estate via latest analysis in the local and metropolitan real estate delinquency sub-sets. High rates of foreclosure remain unfortunately high in Texas and many metropolitan communities and cities.

Restoring Homes and Neighborhoods

This focused effort on current default patterns in the housing market and investment into the health and safety of neighborhoods. The effects on owners, renters, and/or investors–have been examined regarding real estate activity in cities, counties and hardest hit states such as California, Arizona, and Florida.

Common Patterns in Neighborhoods After Foreclosure

Researchers offer case studies for the real estate experience after foreclosures. These progress post-recovery, with overall real estate trends and real estate ownership. Opportunities exist in the real estate markets; however, there are limits to the benefits which private capital can do to help within the affected communities. Additionally, strategies exist for best handling the low/sub-prime valued homes.

Wrap Up: Next Steps, Issues, and Gaps in the Default Market

Consider multiple scenarios before pulling the trigger on a strategy. Review options with constituents such as business owners, community leaders, and with the best interests of the homeowners who will potentially be affected.