Foreclosures
| Foreclosure Center: Data, Research and Resources about the Foreclosure Crisis in Metro Atlanta |
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Metropolitan Atlanta, like most of the country's other large metro areas, is suffering from increasing foreclosures which are wiping out millions of dollars of wealth. This crisis isn't just an inner-city problem, either. Much of the recent growth in foreclosure filings are happening in the suburbs. According to Equity Depot, Gwinnett County has had the largest number of foreclosure filings this year so far. WEAVE IT!: Interactive maps (beta)
Source: www.atlantaregionalhousing.org; from Equity Depot |
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Foreclosure-Related Research and Links to More Information (back to top) |
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Featured Reports: Community Foundation of Greater Atlanta: Impact Philanthropy:Foreclosure On Thursday, October 14, The Community Foundation for Greater Atlanta brought together donors, funders and nonprofit leaders to discuss the housing crisis and how we can all work together to bring back a healthy, strong metro Atlanta region. “Impact Philanthropy: Foreclosure” is the third publication in our Impact Philanthropy series focused on the housing and foreclosure crisis in metro Atlanta. Interim Report from Urban Institute- How Atlanta, Chicago and Washington DC Compare The Urban Institute received funding from Fannie Mae to direct a cross-site research project in three metro areas - Atlanta, Chicago and Washington DC. The research explored how the foreclosure crisis played out in each area using the best data available. It also looked at how each area is responding to the crisis. While the Atlanta report is not quite finished, this links to the Urban Institute's initial report that compares the three metros across a spectrum of demographic and socio-economic, including the sub-prime lending markets. Community Response to the Foreclosure Crisis - Federal Reserve Bank of Atlanta (Dan Immergluck) Dr. Dan Immergluck, a nationally-recognized scholar on foreclosures and their associated problems, catalogues a range of responses that local organizations throughout the country have orchestrated to help stem the foreclosure crisis. Other Reports: Analysis of Home Sale Prices and Appraised Home Values in High Foreclosure Rate Neighborhoods - Atlanta Neighborhood Development Partnership, Inc. High Cost and Investor Mortgages - Urban Institute The Accumulation of Foreclosed Properties - Federal Reserve Bank of Atlanta (Dan Immergluck)
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Featured Links: This is a new Website that helps local communities better respond to the foreclosure crisis by providing data and other resources. It provides the data used to develop funding formulas for the Neighborhood Stabilization Program. www.atlantaregionalhousing.org
This Website is dedicated to housing issues in the Atlanta region and includes data, reports and other information about foreclosures. They post monthly foreclosure filing totals for the 10-county region. The site also contains local governments' NSP responses.
Federal Reserve Bank of Atlanta's Foreclosure Resource Center This portion of their website contains several links to reports and other research, as well as links to national organizations focused on abating foreclosures and the associated impacts they have on communities. Other links:
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