Loading the slideshow

The slideshow requires script be turned on to function.


Powered by
Aug 1, 2014 7:54AM
I agree with several other comments.  This article is horribly written.  Evidently, the article is referring to abandoned homes that are currently in foreclosure.  That's a pretty narrowly defined subset of all houses, but certainly not a distinction that is made clear in the headline.  I moved from St. Louis to Portland.  St. Louis has many areas where entire neighborhoods have been virtually abandoned, with houses boarded up, burned out, or falling down.  Portland has virtually none of that.  
Aug 1, 2014 7:19AM
This is horrible reporting...since when are there abandoned homes in Portland area?  And Detroit didn't even make the list and they are having auctions to try and sell their abandoned homes!
Aug 1, 2014 5:46AM
Who ever wrote this article displayed a total lack of research. For one, there is no “ St. Louis, Illinois”, it is “East St Louis, Illinois”. I grew up there. We never considered ourselves as part of St. Louis, Missouri and they didn’t consider us part of them either. As to who’s fault it is. In the Early 1960’s East St. Louis was named the number one city in America for growth and opportunity. Then in the early 1970’s street gangs started moving in and by the end of the 70’s industry had moved out. With it went the tax base a city needs to make it and the jobs for the people who live there. People who live there now are stuck there and just like Chicago, they have one of the highest per capita murder rates in the nation. This is not a liberal or conservative issue, that’s too easy an excuse.  It is a drug and crime and sociological issue.
Aug 1, 2014 4:52AM

I've read these comments . People blaming Obama for the housing foreclosure scandal. Big banks lobbied congress to remove consumer protection laws. Mortgages were sold many times over from bank to bank until no bank was responsible for making mortgagees pay their payments. Then I saw rising gasoline prices crush suburbanites budgets. But did Congress do anything ? No I saw the big 5 oils bosses testifying infront of the senate. The bastard that runs Exxon Mobile said in a smart mouth tone when asked about why the increase in 2008, "We aren't price makers we are price takers" The senators acted like school boys in the principals office, scared!

Congress struck down the depression era law that forbad insurance companies from being banks and banks from being insurance companies. Banks were not  allowed to be consumer banks and commercial or investment banks at the same time. They were to risky and if they failed they would not be able to make consumer and mortgage loans and small business loans. That's exactly what happened when they failed. Businesses failed because they couldn't get cash flow loans. They laid people off. The puss and infection from the greedy money mouths of Goldman Sachs and other Wall Street Investment banks, AIG, infected the small business

community. Trading mortgages as securities to create another dark phony unregulated gambling hall. Where was Bush's FTC? Where was Congress. They were bought off by lobbyists. They looked the other way.

You have all been sold out and screwed by banks too big to fail. Remember Farm Aid and Willy Nelson???????????

You people ought to start reading newspapers and financial publication.  

The middle class was a vast reservoir of money, Social Security, Medicare and Medicaid, school funding, Workmen's Compensation Funds, equity in their farms and homes and businesses. The repubs are working everyday to get the money out of these programs transferred to them in the form tax cuts ,business subsidies and the other back handed ways they have to get rich.

Wake up you jokers.  Unless your worth several million in cash and don't need these programs, you better go find Elizabeth Warren and kiss her ****  at noon on Main St. there are very few in Congress that care about you now. Keep voting for the party that screws you. Good luck conservative suckers, you lost almost everything, but you still have your pride.

Jul 27, 2014 12:35PM

If upstate NY is sitting on "huge resources of oil and natural gas" Better buy cheap housing now. Oil companies Will be allowed to drill, only matter of time and amount of local campaign contribution(bribes)​.  There will be a housing rental boom, oil field workers bring a high rental demand.  Try to find properties that still have the mineral rights. Money to be made.

as gas gets more expensive I see more and more people moving closer or to city. Gentrification will happen more and more.  In Europe living in the cities are very expensive, suburbs is were the riffraff live.

Jul 23, 2014 6:03PM

We would have stayed in our home, but the US Bank and the State of Wisconsin Department of Veterans' Affairs decided dealing with a Veteran's lowered income was too much for them.

The rest was simply bad timing...aided and abetted by US Bank, of course.

Oh well. I guess this seventy-seven year old POS house deemed suitable for the First Time Buyer will just have to go another seventy-seven years without wall insulation...something we'd have liked to do...except it being a house without wall insulation and seventy-seven year old windows was a horrible draw on the bank account, money-wise. Of course, everyone would rather think of the foolish ex-homeowner as the dead beat and not the banks or mortgage backers that made some of us so.

Jul 23, 2014 4:36PM

What about Detroit, with over 40,000 abandoned houses?

Jul 23, 2014 6:44AM
I am seeing a lot of the little homes abandoned. I guess the housing market is building new and bigger homes instead of selling the ones they have. For example, 30 years ago, and avg home in my city was around 1800 sq feet. 15 years ago it was 2200 Sq ft. Now it's more like 2800 sq ft. Everyone wants bigger and better. And then find out they can't afford it, and should have stayed in the abandoned 1800 sq ft home.
Jul 22, 2014 9:25PM
This article has been chopped down and reposted.  It is also highly inaccurate.  All they did is take the top five from this  http://247wallst.com/special-report/2014/07/11/cities-with-the-most-abandoned-homes-2/  and reposted it.  Detroit has the most vacant/abandoned homes in the United States. 

"How can the for-sale inventory be relatively low while the vacancy rate is high? Because the share of vacant homes being held off the market – that is, neither for sale nor for rent – is rising."
 Banks are holding homes "off the market".  See the full story here:  http://www.forbes.com/sites/trulia/2013/11/06/vacant-homes/
Jul 22, 2014 8:45PM
Everyone notice how MSN will not allow us to comment on "news" STORIES of theirs anymore?? I guess we are making them and Obama look like the FOOLS they are. Of course there is an election coming and they must protect the Democraps. Thank God for an unbiased press, right NBC????
Jul 22, 2014 6:29PM
Rubbish ! looks like another whitewash to make Democrat-Union Labor controlled states look good by not mentioning their state of decay.
Jul 22, 2014 5:00PM
Did fox news have a hand in writing this?  Four dead in Ohio Im just saying
Jul 22, 2014 4:58PM
I was surprised to see how many foreclosures there are where I live, certainly a lot more than I thought.
Jul 22, 2014 4:49PM
The reason Detroit, etal are not included is these are the homes that are in "foreclosure", the banks aren't foreclosing in Detroit, etal, they are abandoning them as well
Jul 22, 2014 4:16PM
Don't believe one word in this article!  Commie owned MSM is taking the heat off democrat run down Detroit. Where blacks don't pay their water bills because they say it is a human right. If it works out for them, I have paid my last water bill. 
Jul 22, 2014 3:16PM
Hm.  Wichita Kansas is #1 on the list of "cities with the most abandoned homes."  It has 146 total homes abandoned - 30th lowest.  Not my research - it's what the article says.  How exactly does 30th lowest become highest?
Jul 22, 2014 3:10PM
Portland, Oregon and not Detroit?  This is a bizarre list...

I'm calling B.S. on this one !! Detroit's not included ?.....C'mon

Jul 22, 2014 2:10PM
I live in York,SC. although small in size, I've noticed in the past 20 or so yrs. there are more houses being abandoned than are being built despite the growing population. And everybody says there is no solution to stop the homeless problem. This is truly sad.
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
100 character limit
Are you sure you want to delete this comment?


video on msn real estate