Housing Downturn Prompts Economic Woes in the American West : News Photo

Housing Downturn Prompts Economic Woes in the American West

ARVADA, CO - APRIL 02: Damien DeNeir (R) helps his grandmother, Kim DeNeir (L) carry dresser to a moving van as they move out of their apartment April 2, 2008 in Arvada, Colorado. The DeNeirs are being forced to move from the rental apartment where they have lived for 20 years, as it was recently condemned by the city for sewer and rodent problems. The owners of the complex are blaming the sub-prime mortgage meltdown for the reduction in maintenance that led to the property being condemned. The Denver metropolitan area has been hard-hit by the housing downturn, with officials estimating that as many as 11,000 properties might go into foreclosure this year. (Photo by Chris Hondros/Getty Images)
Caption:
ARVADA, CO - APRIL 02: Damien DeNeir (R) helps his grandmother, Kim DeNeir (L) carry dresser to a moving van as they move out of their apartment April 2, 2008 in Arvada, Colorado. The DeNeirs are being forced to move from the rental apartment where they have lived for 20 years, as it was recently condemned by the city for sewer and rodent problems. The owners of the complex are blaming the sub-prime mortgage meltdown for the reduction in maintenance that led to the property being condemned. The Denver metropolitan area has been hard-hit by the housing downturn, with officials estimating that as many as 11,000 properties might go into foreclosure this year. (Photo by Chris Hondros/Getty Images)
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Date created:
April 02, 2008
Editorial #:
80495357
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Photographer:
Chris Hondros / Staff
Collection:
Getty Images News
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Getty Images
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Getty Images North America
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51686992

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Damien DeNeir helps his grandmother Kim DeNeir carry dresser to a... News Photo 80495357AIDS,Apartment,Assistance,Carrying,Civilian,Co,Dresser,Economy,Foreclosure,Grandmother,Mortgage,Moving,Outs,Resident,Social Issues,Stock Market,USA,Van - VehiclePhotographer Collection: Getty Images News 2007 Getty ImagesARVADA, CO - APRIL 02: Damien DeNeir (R) helps his grandmother, Kim DeNeir (L) carry dresser to a moving van as they move out of their apartment April 2, 2008 in Arvada, Colorado. The DeNeirs are being forced to move from the rental apartment where they have lived for 20 years, as it was recently condemned by the city for sewer and rodent problems. The owners of the complex are blaming the sub-prime mortgage meltdown for the reduction in maintenance that led to the property being condemned. The Denver metropolitan area has been hard-hit by the housing downturn, with officials estimating that as many as 11,000 properties might go into foreclosure this year. (Photo by Chris Hondros/Getty Images)