12 Jan '11, 10am

Foreclosure crisis hits home on old Philly block

PHILADELPHIA (AP) - If the 200-year-old red brick row house on Elfreth's Alley in Philadelphia could talk, what would it have to say? Considering its current predicament, it'd probably give you an earful. The three-story house with the blue-gray shutters is on one of the nation's oldest residential streets, which draws 250,000 tourists every year. A victim of foreclosure, 109 Elfreth's Alley suffers from water and mold damage that has rendered it uninhabitable. The Preservation Alliance for Greater Philadelphia placed the home on its latest list of the area's 10 most endangered properties. The Alliance says it wants to make the public aware that even homes with historic pedigree aren't immune from the foreclosure crisis.

Full article: http://www.todayonline.com/BreakingNews/EDC110111-0000448...

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