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Property Valuation

Region residents hurt by glut of vacant homes

Region residents hurt by glut of vacant homes

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.

June 05, 2011 12:00 am Photos

Photos

  • Region residents hurt by glut of vacant homes in their neighborhoods
  • Region residents hurt by glut of vacant homes in their neighborhoods
  • Region residents hurt by glut of vacant homes in their neighborhoods
  • Region residents hurt by glut of vacant homes in their neighborhoods
  • Region residents hurt by a glut of vacant homes in their neighborhoods
Region residents hurt by glut of vacant homes

Region residents hurt by glut of vacant homes

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.

June 05, 2011 12:00 am Photos

Photos

  • Region residents hurt by glut of vacant homes in their neighborhoods
  • Region residents hurt by glut of vacant homes in their neighborhoods
  • Region residents hurt by glut of vacant homes in their neighborhoods
  • Region residents hurt by glut of vacant homes in their neighborhoods
  • Region residents hurt by a glut of vacant homes in their neighborhoods
Surging land prices have local analysts, farmers worried bubble could burst

Surging land prices have local analysts, farmers worried bubble could burst

Hoosier homeowners still are feeling the sting of the recession as property values are sticking in the doldrums after hitting peaks in recent years.

March 26, 2011 7:45 pm Photos

Photos

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