ghost towns

The Human Toll of America's New Ghost Towns

Housing prices have seen a remarkable drop over the last few years, but the numbers don't tell the whole story. In a new series, DailyFinance takes a look at neighborhoods in troubled cities across the country, where the lingering foreclosure crisis means empty houses, fearful residents and broken dreams.

A Quaint Town in Georgia Struggles With the Real Estate Crisis

What happens when an award-winning new development goes bust before it's fully built? As part of a series looking at the real estate market in the U.S., DailyFinance takes a look at a town near Atlanta that is still struggling with the effects of the great real estate bust.

A Florida Housing Development Stalls, and the Cows Move In

Jerilee Wei never expected to be living next to a cow pasture when she bought her home in Lakeland, Fla., in 2007. In her upscale community, newly constructed houses were selling for between $300,000 and $425,000. Then one morning she woke up and found some cattle had moved in.

How the Housing Mess Hit My Neighborhood

Millions of houses are in foreclosure in the U.S. Even if your house is safe, your neighbors may be in trouble, and your neighborhood could suffer as a result. Here's the story of one house in a neighborhood in New Jersey.

Picturing the Foreclosure Crisis in Modesto, California

Modesto, California, is a city of more than 210,000 people located about 90 miles east of San Francisco. According to RealtyTrac, an online service that markets foreclosed properties, Modesto had the nation's third-highest home foreclosure rate during the third quarter of 2010, just behind Las Vegas, Nevada, and Cape Coral/Fort Meyers, Florida. DailyFinance's Todd Lapin recently visited Modesto and came away with a gallery of haunting photos that illustrate the country's foreclosure crisis.

A Winning Streak Goes Bust: Ghost Towns of Las Vegas [VIDEO]

Las Vegas has always been a place of dreams, promising that pennies could turn into fortunes, cities could rise from the desert, and property values could rise eternally. But you can also lose your shirt there, and the real estate crash has hit Sin City harder than anyplace else in the country.

The Housing Mess Hits One New York Town Hard

In some parts of the U.S., the real estate market remains deep in recession. But even with housing prices sitting at multi-year lows, millions of houses remain empty, unable to attract buyers haunted by unemployment and a weak economy. As part of a new series, Ghost Towns of the Great Recession, DailyFinance takes a look at one town near New York City that is still struggling with the effects of the great real estate bust.

In Juarez, Housing Crisis Is a Symptom of the Drug Wars

In the U.S., a real estate crisis has left some neighborhoods virtually abandoned. But in the border towns of Mexico, most notably Ciudad Juarez, a different disease is causing the same symptoms: the brutal escalation of the war among drug traffickers.