These Are America’s 10 Saddest Ghost Towns

Sad news for Kansas!

TIME

247-LogoVersions-114x57This post is in partnership with 24/7 Wall Street. The article below was originally published on 247wallst.com.

By Thomas C. Frohlich and Alexander Kent

While there are a variety of options for homeowners in foreclosure, many have chosen to cut their losses and abandon their property. The housing market has been improving across much of the nation. However, some cities still have a long recovery process ahead of them as the market deals with a glut of homes in foreclosure, which can often stay in the system for several years. Meanwhile, many of these remain vacant.

In Wichita, Kansas, nearly half of homes in foreclosure were abandoned as of the first quarter of 2014. In six of the nation’s most populous metro areas, at least a third of homes in foreclosure were vacant. Based on data provided by housing data website RealtyTrac for the nation’s 100 largest metro…

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