Though the foreclosure crisis that fueled the great recession seems safely over, with foreclosures across the country now reported to have returned to prerecession levels, New Jersey is not out of the woods.
South Jersey Magazine
Turning Toxic Liabilities into Community Assets
How to fix South Jersey’s ‘toxic’ foreclosure crisis.
New Jersey's foreclosure crisis has hit the southern part of the state especially hard, impacting entire communities through lower home values, higher property taxes, and a lack of homes available for first-time buyers and working-class families, and affecting the region's economy.