Homes for the Holidays

In the city of Milwaukee, Wisconsin's largest city, the foreclosure rates have been consistently very high these past few quarters. With over 2,000 homes foreclosed and almost 6,500 foreclosure filings pending, the government decided to handle this problem with a different method this time. This method is called “Home for Holidays”, this method is an auction that will occur this weekend from 9 a.m.-2 p.m. This auction consists of less than a dozen houses being auctioned off for $0.99 at the Italian Community Center. They aim this to end the on-going list of foreclosed and vacant homes. The reason being, is that these foreclosed houses cost the city a lot of money as well as attract criminals and drug users due to the fact that these houses are completely empty. Hopefully this auction will end the rising numbers of foreclosed homes in Milwaukee, Wisconsin.