Neighborhood Tours

The impact of foreclosures on neighborhoods is real.   As part of Save the American Dream campaign, groups from around the country are hosting neighborhood tours to provide industry representatives and the media with a greater understanding of the impact foreclosures have on neighborhoods.  Homeowners lose.  Neighbors lose.  The city loses.   And the industry is stuck with Real Estate Owned properties that no one wants to buy.   Neighborhood tours provide an opportunity to see first hand the challenges and destruction caused by abandoned and boarded up housing.  Tours also show the desire to make a difference by those organizations dedicated to local community revitalization work.   We must Save the American Dream. 

CLEVELAND’S CITY TOUR:

       

A Cleveland homeowner tells his story to industry executives

 

  Foreclosed properties in Cleveland’s Slavic Village neighborhood

 

Stripped and crumbling foreclosed properties in Cleveland

 

Another foreclosed home in Cleveland

       

CHICAGO FORECLOSURES:

   

Foreclosures can be seen in every neighborhood of Chicago.  This home is in the neighborhood of Jefferson Park, a community that saw a 47.1% increase in foreclosures in 2006 from 2005.

Another boarded up home in the neighborhood of Jefferson Park.  This predominantly Polish neighborhood saw a 317% increase in foreclosures in 2006 from 1993.

Another foreclosure in Jefferson Park.