Oct 31 Watch 4:00 Three years later, buyouts help Sandy-battered residents retreat to new homes By PBS News Hour This week marks three years since Hurricane Sandy struck the Northeastern U.S., causing $50 billion in property damage and more than 100 deaths. In Staten Island, New York, 24 people died from the storm, and more than 2,100 homes were… Continue watching
Oct 11 Panama building saga offers insight into Trump practices By Jeff Horwitz, Associated Press During the four years that Trump Panama Condominium Management LLC had managed the property, Central America's largest building, a team installed by the Trump family was accused of running up more than $2 million in unauthorized debts. Continue reading
Mar 26 Watch 8:12 Are investors pumping up another housing bubble in Florida? By PBS News Hour Since Florida's housing market crashed nearly a decade ago, a wave of investors offering cash to flip or rent properties has helped restore market values. Now, some homeowners who suffered foreclosure but are ready again to qualify are being priced… Continue watching
Mar 26 Why location, location, location in real estate is ‘BS’ By Marc Joseph Location, real estate agent Marc Joseph learned firsthand, is not enough to substantiate buying a house. He lost $600,000 in Florida's 2005 housing bubble, and the way prices are climbing, he's worried the Sunshine State is veering toward another bust. Continue reading
Mar 26 Florida has 6 of the nation’s fastest-growing metro areas By Jesse J. Holland, Associated Press The beautiful weather in Florida seems to be drawing more and more Americans, with the Sunshine State climbing the ranks of most populous states and fastest-growing cities. Continue reading
Mar 05 Watch 8:53 Get ready for another round of the foreclosure crisis By PBS News Hour Despite what you might have heard, the foreclosure crisis is far from over. Economics correspondent Paul Solman talks to people in Florida who have lost their homes, and considers whether a wave of new foreclosures is on the horizon. Continue watching
Sep 18 Why sell your mansion for less than $1M? By Making Sen$e Editor Mansions, especially in New York City and New Jersey, are often worth more than $1 million. But they're not always being sold for that much. Economists from the National Bureau of Economic Research explain why. Continue reading
Aug 30 Watch Millions of Distressed Properties Stuck in ‘Shaky’ U.S. Housing Market The troubled U.S. housing market got some good news Tuesday with word that prices in four major cities are on the rise, but a full recovery still appears to be a long way off. Jeffrey Brown discusses why home sales… Continue watching
Jul 05 Watch Raze the Roof: Cleveland Levels Vacant Homes to Revive Neighborhoods Business correspondent Paul Solman reports from Cleveland on the economically troubled Ohio city's efforts to tear down thousands of empty foreclosed homes in hopes of putting eyesore and dangerous properties back to productive use -- perhaps as community gardens, new… Continue watching