Many foreclosed homes are being bought and sold on the Internet. Host Tess Vigeland talks to Frank Ford, senior vice president for research and development of Neighborhood Progress in Cleveland, about the local impact of such sales.
A Commerce Department report says housing construction rose in August, but the building of single-family homes fell. Jeff Tyler reports on why anyone is building at all.
Ireland is working out a plan to fix its financial system after blowing a particularly bad property bubble. But economists are calling a new proposed government agency a bad bank. Christopher Werth reports.
Host Tess Vigeland talks to RealtyTrac CEO Jim Saccacio and Vice President Rick Sharga about tracking the housing market throughout the market's boom and bust cycle.
Encouraging statistics suggest efforts by lenders to modify troubled mortgages may be slowing the spread of foreclosures. But the number of foreclosures is still near July's record high. John Dimsdale reports.
As mortgage losses get worse so does the shape of the Federal Housing Agency, which has nearly a quarter share of the mortgage market. The agency may soon need a taxpayer bailout to stay in business. Sam Eaton reports.
