Home Foreclosures Spark Crime, Report Says
Home Foreclosures Spark Crime, Report Says.
Home Foreclosures Spark Crime, Report Says. Image courtesy of Stuart Miles / FreeDigitalPhotos.net
As few as three Home Foreclosures on a block can lead to more crime in a neighborhood, according to a report by the New York University’s Furman Center for Real Estate & Urban Policy.
Researchers evaluated the impact of Home Foreclosures filings and auctions in neighborhood blocks in New York. A foreclosure start can cause a 0.7 percent increase in overall crime and a 1.5 percent rise in violent crime in the area. The study also found that a foreclosure auction leads to a 1.3 percent increase in total crime and a 2.6 percent increase in violent crime.
“Our findings show that multiple Home Foreclosures on a single block face lead to an increase in violent and public-order crime, particularly in areas that have moderate to high existing crime rates,” according to the report. “These findings warrant attention from government and community groups working in communities hard hit by the foreclosure crisis.”
Source: “Report: Foreclosures cause neighborhood crime,” HousingWire (Feb. 27, 2013)
admin
For all of your Real Estate needs, place yourself in the competent hands of a career Realtor who is a Philadelphia native and Delaware County resident. Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both.
Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary.
Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that “perfect” property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently.
When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting – or exceeding – his clients’ expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame.
For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania… call Anthony DiDonato.
