Home ยป The Wall Street Wrecking Ball: What Foreclosures are Costing our Neighborhoods (Sept 2011)
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The Wall Street Wrecking Ball: What Foreclosures are Costing our Neighborhoods (Sept 2011)

On the same day that RealtyTrac numbers showed that California foreclosure proceeding have seen the biggest increase over July numbers in the country (55%), a new report shows the full impact of the foreclosure crisis at the neighborhood level. The report, which was released September 15 at events in 5 communities throughout the state by members of a statewide coalition of homeowners, community leaders and students, shows that the foreclosure crisis is costing almost $80 billion in just the city of Los Angeles.

Los Angeles Report Link

San Jose Report Link

San Francisco Report Link

Sacramento Report Link

Oakland Report Link

Link to "snapshot" with key findings in all 5 cities

San Diego Link (this report with similar data was released in July 2011)

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