Housing

Forecasters say a handful of major hurricanes could hit the U.S. this season. Florida's largest insurer is now a state-run company, filling the void left by wary private firms. But is that a good thing? Dan Grech reports.

Commentator and New York City renter Doug Cordell is here to tell you that the falling housing market has its wider impacts. Like, having to share a place with a guy singing arias in an open bathrobe.

The housing bubble may be leaking, but some big cities are still gentrifying like it's 1999. High-end development is now forcing out even middle-income workers and that's not going to be good for anyone, including business, warns Angela Glover Blackwell.

Downtown Los Angeles has been undergoing some big changes in recent years, but critics say it's still missing the vibrant core that is the heart of other big cities. Can the Grand Avenue Project change all that? Pat Loeb reports.

Checking out open houses has become a popular pasttime for people who have no intent or money to actually buy the house they're looking at. A great story for Cash Peters.

Prices usually go up with demand. But there was a strange wrinkle in the home-sales figures announced today. Sales were up, but prices were down. Jill Barshay reports.

As foreclosed homes flood the market, lenders are looking to get their money out as soon as possible. One way to do that is at auction. Jane Lindholm checked out the bidding where lots of homes were on the block.

The two government-sponsored mortgage companies face a slew of new rules because of recent high-profile scandals. But the political winds in Washington aren't favorable. Jeremy Hobson reports.

A group of lending industry leaders is hoping to forestall a Congressional fix with some solutions of its own. But growing impatience is likely to make it a tough sell on Capitol Hill. Jeremy Hobson reports.

House-hunters in the U.K. — particularly would-be first-time buyers — are getting desperate as property prices there continue to rise higher and higher and higher. Stephen Beard has this story.