Home vacancy rates are rising in the wake of mortgage foreclosures, job losses and limited economic opportunities. In 10 years, all but one municipality in Northwest Indiana and Illinois' south suburbs experienced a vacancy increase.
Forty years ago, Lucy Hazelett's well-kept home wouldn't have looked any different from others that lined either side of Delaware Street in Gary. Today, her property's colorful flowers and trimmed grass are a stark contrast to the crumbling structures and empty, overgrown lots surrounding it.
Hoosier homeowners still are feeling the sting of the recession as property values are sticking in the doldrums after hitting peaks in recent years.
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