A new report says monthly sales of previously occupied homes increased 6.8%. With government tax credits about to expire, this may be the last good news the housing market gets for a while. Mitchell Hartman reports.
After what happened with Stuyvesant Town in Manhattan, CALPERS is expected to adopt a new policy to stop investing in real estate deals that convert apartments with controlled rents to much higher market rates. Jill Barshay reports.
RealtyTrac reports over 900,000 homes went into foreclosure in the first quarter of 2010, with Nevada, California and Florida leading the way. Stacey Vanek-Smith gets more stats from Marketplace's Jeremy Hobson.