[Hpn] Foreclosed Homes Could Invite Squatters

William C. Tinker wtinker@verizon.net
Sat, 23 Feb 2008 10:17:42 -0500


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Foreclosed Homes Could Invite Squatters
February 23, 2008 =20

http://bostonrealestateblog.bushari.com/foreclosed-homes-could-invite-squ=
atters.htm

The rising number of foreclosures has created an abundance of vacant =
homes in some communities. Now it appears that homeless people are =
beginning to take advantage of the situation by becoming squatters, =
reports the Detroit Free Press.

For squatters, foreclosed homes have an advantage over abandoned, =
dilapidated housing because the heat, lights and water still work. "Many =
homeless people see the foreclosure crisis as an opportunity to find =
low-cost housing (FREE!) with some privacy," said Brian Davis, the =
director of the Northeast Ohio Coalition for the Homeless.

Cleveland had the country's sixth highest foreclosure rate, with 2.972 =
percent of homes in some stage of foreclosure in 2007, according to =
RealtyTrac. The city also has seen a steady increase in the number of =
squatters. Davis said there are about 4,000 homeless in the Cleveland =
area on any given night, while an estimated 15,000 single-family homes =
are vacant due to foreclosure.











New Hampshire Homeless
Founded 11-28-99
25 Granite Street
Northfield,N.H. 03276-1640 USA
Advocates,activists for disabled,displaced human rights.
1-603-286-2492
http://www.missingkids.com
http://www.nationalhomeless.org
http://www.newhampshirehomeless.org
newhampshirehomeless-subscribe@topica.com

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<H1><A=20
href=3D"http://bostonrealestateblog.bushari.com/foreclosed-homes-could-in=
vite-squatters.htm"=20
rel=3Dbookmark>Foreclosed Homes Could Invite Squatters</A></H1>
<P>February 23, 2008&nbsp;&nbsp;</P>
<P><FONT face=3DArial size=3D2><A=20
href=3D"http://bostonrealestateblog.bushari.com/foreclosed-homes-could-in=
vite-squatters.htm">http://bostonrealestateblog.bushari.com/foreclosed-ho=
mes-could-invite-squatters.htm</A></FONT></P>
<P>The rising number of <A=20
href=3D"http://www.bushari.com/investment/foreclosure_boston_ma.htm">fore=
closures</A>=20
has created an abundance of vacant homes in some communities. Now it =
appears=20
that homeless people are beginning to take advantage of the situation by =

becoming squatters, reports the <A=20
href=3D"http://www.freep.com/apps/pbcs.dll/article?AID=3D/20080217/NEWS07=
/80217024/1017/BUSINESS04"=20
target=3Dblank rel=3Dnofollow>Detroit Free Press</A>.</P>
<P>For squatters, foreclosed homes have an advantage over abandoned, =
dilapidated=20
housing because the heat, lights and water still work. =93Many homeless =
people see=20
the <A=20
href=3D"http://www.bushari.com/investment/foreclosure_boston_ma.htm">fore=
closure</A>=20
crisis as an opportunity to find low-cost housing (FREE!) with some =
privacy,=94=20
said Brian Davis, the director of the Northeast Ohio Coalition for the=20
Homeless.</P>
<P>Cleveland had the country=92s sixth highest foreclosure rate, with =
2.972=20
percent of homes in some stage of <A=20
href=3D"http://www.bushari.com/investment/foreclosure_boston_ma.htm">fore=
closure</A>=20
in 2007, according to RealtyTrac. The city also has seen a steady =
increase in=20
the number of squatters. Davis said there are about 4,000 homeless in =
the=20
Cleveland area on any given night, while an estimated 15,000 =
single-family homes=20
are vacant due to foreclosure.</P></DIV>
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<DIV><BR>New Hampshire Homeless<BR>Founded 11-28-99<BR>25 Granite=20
Street<BR>Northfield,N.H. 03276-1640 USA<BR>Advocates,activists for=20
disabled,displaced human rights.<BR>1-603-286-2492<BR><A=20
href=3D"http://www.missingkids.com">http://www.missingkids.com</A><BR><A =

href=3D"http://www.nationalhomeless.org">http://www.nationalhomeless.org<=
/A><BR><A=20
href=3D"http://www.newhampshirehomeless.org">http://www.newhampshirehomel=
ess.org</A><BR><A=20
href=3D"mailto:newhampshirehomeless-subscribe@topica.com">newhampshirehom=
eless-subscribe@topica.com</A><BR></DIV></FONT></BODY></HTML>

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