Palm Springs, Calif., has been a redoubt for snowbirds and show business royalty at least since the 1930s.
Zombie foreclosures haunt post-housing crisis
June 26, 2014
RealtyTrac’s analysis of Q2 2014 zombie foreclosures – properties for which the foreclosure process began but was never completed – shows that these properties are likely to be the eyesores of a neighborhood, driving down the values of surrounding homes and eroding local government tax revenue.
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More like this
- Post-housing bust sees a boom in apartment construction
- Minorities suffer post-housing bust consequences more acutely than white Americans
- Property Taxes Make Up Largest Share of State and Local Tax Revenues
- Home prices climbing for some, not for all
- 19 percent is the new 43 percent for housing affordability
Comments on: "Zombie foreclosures haunt post-housing crisis"
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