{"325461":{"#nid":"325461","#data":{"type":"external_news","title":"Neighborhoods do not share equally in the good news as housing market improves, says prof. Immergluck","body":[{"value":"\u003Cp\u003EForeclosure notices this year are the lowest they have been since 2002. This month\u2019s foreclosure numbers are 30 percent lower than during September last year and 65 percent lower than September of 2012. But while the housing market is better, not every neighborhood shares equally in the good news, said Dan Immergluck, professor of City and Regional Planning at Georgia Tech. \u201cIn certain ZIP codes on the south side of the city there are not many sales,\u201d Immergluck said. \u201cThis is a very uneven recovery.\u201d The past several years have seen many foreclosures of property bought by small-time investors looking for a big payoff. But if the house is in a depressed area, they can\u2019t cash out \u2013 and their pockets may not be deep enough to keep making payments. \u201cYou\u2019ll sell properties that go through foreclosure a couple of times,\u201d said Immergluck. \u201cThat is going to take a long time to wash out of the system.\u201d\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":"","field_summary_sentence":"","uid":"28044","created_gmt":"2014-09-16 14:20:12","changed_gmt":"2016-10-08 02:27:17","author":"Jessie Brandon","boilerplate_text":"","field_publication":"","publication":"big tech","field_article_url":"","publication_url":"http:\/\/www.myajc.com\/news\/business\/economy\/foreclosure-notices-tick-up-as-housing-market-impr\/nhNB7\/?icmp=ajc_internallink_invitationbox_apr2013_ajcstub1#a6904c4d.3265864.735491","dateline":{"date":"2014-09-15T00:00:00-04:00","iso_date":"2014-09-15T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"groups":[{"id":"1224","name":"School of City \u0026 Regional Planning"}],"categories":[],"keywords":[{"id":"9928","name":"AJC"},{"id":"842","name":"foreclosures"},{"id":"12994","name":"housing market"},{"id":"13838","name":"Immergluck"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[],"email":[],"slides":[],"orientation":[],"userdata":""}}}