Pinpointing Foreclosure and Vacancy in the City of Des Moines: A Neighborhood Analysis of Sales and Forclosure Data for the Period 2006-2009
Hemphill, Suzanne
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https://hdl.handle.net/2142/68742
Description
Title
Pinpointing Foreclosure and Vacancy in the City of Des Moines: A Neighborhood Analysis of Sales and Forclosure Data for the Period 2006-2009
Author(s)
Hemphill, Suzanne
Contributor(s)
Dearborn, Lynne
Issue Date
2010
Keyword(s)
Foreclosure
Vacancy
Geographic Coverage
Des Moines, Iowa
Abstract
The City of Des Moines is struggling to address the impact of foreclosure and resulting property deterioration, vacancy, and blight. The City seeks an analysis of foreclosure and discussion of strategies to best target funds for efficient revitalization throughout the City's 55 neighborhoods and thousands of foreclosed homes. This study utilizes records from properties that completed the foreclosure process in 2000-2009 to map and analyze the properties throughout the city and at the neighborhood level. By identifying homes and areas least likely to recover without subsidy, the city is more able to target funds and stabilize neighborhoods.
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