Ah, getting that first apartment by yourself. No more living with parents or roommates. So grown up. But commentator Reihan Salam found out that having your own place has definite drawbacks.
The U.S. Department of Housing and Urban Development has a deal to buy a house for $1. The catch: the homes can only be sold to local governments for neighborhood rehabilitation. Mitchell Hartman reports.
Organic food might be good for your health but, as a consumer, it's not so good for your budget. High-end Whole Foods market is cutting expansion plans in response to a more frugal shopping public. Mitchell Hartman reports.
Offices are set aside. Phones are hooked up. The Treasury is setting up for the new administration's economic team. But whether that team has any influence before inauguration day is another story. Steve Henn reports.
About 20% of American mortgage borrowers are upside-down, meaning they owe more than their homes are now valued. Nancy Marshall Genzer looks at which states are most affected.
The federal government is working on a new plan to help struggling homeowners avoid foreclosure. This would be paid for through the $700 billion rescue package finalized by Congress. Nancy Marshall Genzer has more.
Unemployment reports are daunting to building owners, as job losses mean fewer rentals. Renita Jablonski explores the correlation between joblessness and a growing number of apartment vacancies.
New York City is normally an epicenter for construction and real estate, but developers are having a hard time filling up spaces lately. Sally Herships reports why the city's streets are quieter than usual right now.
In a world of questionable mortgage lenders and credit gone wrong, who can you trust to help you out of a foreclosure? Alisa Roth tells us stories of scammers that troubled homeowners should be careful to avoid.
Kai Ryssdal talks to David Leonhardt of the New York Times and Leigh Gallagher of Forbes about Congress' decision to funnel more cash to struggling homeowners and other news from a busy week.