Shocking Aerial Images Of The Foreclosure Crisis (PHOTOS)

For a different perspective on the foreclosure crisis, take a look at America's wounded housing market from above.

Courtesy of Google Earth shots first compiled in this terrific Boston.com gallery, we've gathered aerial views from the some of the areas that have been the most impacted by the housing boom and bust.

As you'll see from the images below, the foreclosure crisis has created ghost towns across Florida, Nevada and California -- or stopped huge housing developments before they were even started. Check out these rather disturbing aerial views of the housing crisis below:

(Ron Wilson contributed to this piece.)

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Rotunda West In Charlotte County, Florida

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An unfinished section of cul-de-sac developments in Charlotte County, Florida. According to RealtyTrac, compared to the same period last year, foreclosures rose 40% in July in the Charlotte, Manatee and Sarasota counties. Charlotte County's foreclosure rate rose 61 percent.

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An unfinished section of cul-de-sac developments in Charlotte County, Florida. According to RealtyTrac, compared to the same period last year, foreclosures rose 40% in July in the Charlotte, Manatee and Sarasota counties. Charlotte County's foreclosure rate rose 61 percent.

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Images From The Foreclosure Crisis

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[RightToCancel]

06:03 PM on 11/30/2010

Commercial law which is uniform worldwide and governs commercial transactions and contracts:
UCC 3-104(e) An instrument is a "note" if it is a promise and is a "draft" if it is an order. If an instrument falls within the definition of both "note" and "draft," a person entitled to enforce the instrument may treat it as either.

UCC 9-102(65) "Promissory note" means an instrument that evidences a promise to pay a monetary obligation, does not evidence an order to pay, and does not contain an acknowledgment by a bank that the bank has received for deposit a sum of money or funds.

NOW whats all this mean? When was the last time you checked your ORGINAL note??

phase 1 fighting back for debt validation...

[RightToCancel]

05:30 PM on 11/30/2010

TJ "The Central Bank is an institution of the most deadly hostility existing against the principles and form of our Constitution if the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”
The most rewarding things about this epic battle that is the foreclosure fight is meeting homeowners and other advocates who are standing up and fighting for themselves and fighting for the heart and soul of our courthouses. http://righttocancel.com/
We have only seen the tip of the mortgage crisis. The scariest part currently of this crisis is that people are losing hope, The common consensus is "why bother...the bank doesn't care...why should I? I will just go rent." The American dream has gone from aspiring to own your own home to just hoping to keep your home. http://righttocancel.com/
If you feel that you have been a victim of predatory lending practices or are currently facing a foreclosure, contact us today and learn how you can take action against your lender using our proven administrative procedure that has already help so many people fight back against the banks and get resolution! [e-mail] Office: 813-321-5114

[USNDC]

08:12 AM on 11/19/2010

Maybe these arial pictures will help Obama "see" the national foreclosure crisis !

Maybe the congressional testimony will help Obama "hear" the national foreclosure crisis !

Maybe the 50 state AG's investigation will help Obama "understand" the national foreclosure crisis !

Maybe the class action lawsuits will help Obama get "angry" about the foreclosure fraud.

Maybe ... but I doubt it.

Like a true leader ... Obama has turned his back on the foreclosure crisis.

In two (2) short years ... the voters will turn their backs on him.

[DSOTM]

02:05 PM on 12/04/2010

This was far long in the making before Obama got to office. His aide program was a failure but the GOP have offered up nothing either, only because the banks have found ways to push off their responsibilities and burdens onto the tax-payers.

Foreclosure use to be the final resort, now its just an easy way out for homeowners and the banks.

[AN2009]

06:10 AM on 11/19/2010

The first and third pictures got my attention -- a very sad time indeed.

[Siebenstein]

04:13 AM on 10/24/2010

The banksters heist on the American people, supported by politicians of all walks.
Message; Its okay to be a cr i m i n a l, just not for you all.

[noaxe397]

09:30 AM on 10/12/2010

One could see good news in all this. With all of this development stopped taxes will be lower because, as anyone with a functioning brain cell knows, growth DOES NOT pay for itself.

[Deep77]

06:24 PM on 10/11/2010

Cities matter. Nobody wants to buy a home that's 3 hours frome civilization.

[GerryS]

10:08 PM on 10/11/2010

sure they do.

I have a 65 home subdivision, bought and paid for in cash, all surveys and enginering fees paid in cash and approved by the city and county that is 3 hrs from an interstate highway. the key is, it is a MMA, and there are 150K residents that live within 15-45 min drive.

there is very little snow, no earthquakes, very little property taxes,,, good hospitals, good recreation, affordable food-------------

but the economy tanked.

if I could only get the city to advertise the climate, the taxes, the recreation, etc-----------

Thank goodness we paid cash when we do realestate deals------

[GerryS]

10:11 PM on 10/11/2010

PS, this developement was designed to sell homes at a price of $175K to $250K.

nice homes-----------

[Craigy6]

02:09 PM on 10/29/2010

Can I get a house?

[TMMA]

01:14 PM on 10/11/2010

Let's see pictures of the MILLIONS of once working Americans and how destroyed their lives are rather than pictures of how poorly real estate developers are doing.

[GerryS]

10:13 PM on 10/11/2010

see above,

I am now working a $12/ hour job.

My real estate investments will be there, in the future, and I will sell homes, and the price may even come down from the $175K- $250K prices stated above---

So TMMA do not cuss all developers-------------------

[Dilip Trivedi]

01:17 PM on 10/12/2010

You are a good man Charlie Brown!

Take a look @ this 3 minute video & see if it inspires you.

http://bit.ly/boJynx

Don't worry it is not porn & I do not claim to have a magic wand!

[apefool]

01:11 PM on 10/11/2010

homes for the homeless! we can have a big give-a-way and pop some solar panels on for job creation.

[GerryS]

10:19 PM on 10/11/2010

apefool,

I have been a Democrat all of my life, and I am a real estate developer.

I keep (pocket) much less $$ than you think. I give back to the community, in donations to
not- for- profits, my time donated to n-f-p's and all of the other things caring individuals do.

do not lump all developers into the "I'm rich, f**k everyone else"------------

[Stephen Q]

12:37 PM on 10/11/2010

This would be a perfect opportunity to turn that land back into the farmland it once was. It looks like picture 3 for example has just recently been converted. So convert it back! Aren't people struggling to get food in California? Make some locally grow tomatoes and sell them in the next town over instead of shipping them to New York or Chicago.

Six and Seven....wall up, nobody home. What a shame. These things need to start going for 10K a pop like they do in Detroit. Even if you sold them for under 50K, lets make them cash only and 'Chourney' Free.

On a side note I think I would enjoy running or biking through one of these empty pre-developments almost as much as I currently enjoy running and biking through cemeteries around where I live.

[DudgeOH]

10:45 AM on 10/11/2010

Some of these images, like driving through any new development, instantly bring the song "Little Boxes" to mind...

[Dennis Carr]

10:10 AM on 10/11/2010

Really I love it, it shows the failure of the Money Moguls, Jesus would be turning the tables over in an instant. Criminal behaviour.

[6925thCobras]

11:53 AM on 10/10/2010

Maybe God wants us to stop raping the land with roads and developments...just saying

[MikeyMike]

10:26 AM on 10/10/2010

If existing homes are not selling, then we shouldn't be building new homes. We should be preserving farmlands and woodlands.

[AKJM]

11:02 AM on 10/11/2010

definately farm land

[woodenleg]

08:25 AM on 10/10/2010

the trouble with our times now is that most laws and decisions are made by people who know nothing about what the problem involved in the first place