Before the burst of the housing bubble, the City of Milwaukee typically owned fewer than 100 foreclosed residential properties at any given time, according to a . But today the city owns about 1,100 foreclosed homes, banks own an additional 1,500 foreclosed properties, and there are about 2,800 vacant homes throughout the city, many of which could become foreclosures soon if the owners don't pay their mortgage or taxes, the news service reported. The NNS report takes a look at how five Milwaukee central city communities — and on the south side and , and on the north side — are working to overcome obstacles to stabilize their neighborhoods after the foreclosure crisis. | Jan. 6,...
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