City officials in booming Portland have developed a plan to foreclose on so-called “zombie homes” for the first time in 50 years as the city grapples with a swelling population and skyrocketing home costs that threaten to lock new homeowners out of the market. Bob Wheeler, who has lived in the same house since he was 14 years old, stands outside a neighboring fire-damaged, abandoned and boarded-up house in Portland, Ore., Tuesday, June 14, 2016.

Foreclosure News



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