Dec 4th, 2008 · Fed Chairman Ben Bernanke has outlined what the government needs to do to fix the mortgage crisis. Christopher J. Mayer, senior vice dean and Paul Milstein professor of real estate at Columbia Business School, talks about what the plan would entail.
Dec 4th, 2008 · Spain's decade-long real estate boom was a gold mine for Spanish soccer. Construction firms paid large sums to have their logos on team jerseys, and real estate moguls lined up to buy teams. Now, with investments failing, struggling teams and owners are looking for buyers — or maybe a bailout.
Nov 26th, 2008 · The depressed mortgage market got a jolt when the Federal Reserve said Tuesday it would move hundreds of billions of dollars into action to revive consumer lending activity. The Fed's move sent mortgage rates down and immediately set off a wave of refinancing.
Nov 14th, 2008 · Thousands of people are evacuated and more than 100 homes are destroyed by a raging wildfire in the wealthy California coastal community of Montecito near Santa Barbara. It's a celebrity enclave filled with multimillion dollars estates and ranches belonging to the likes of Oprah Winfrey.
Nov 13th, 2008 · Charlotte, North Carolina is the nation's number two banking town. It's also consistently known for home value appreciation. But not all Charlotte residents benefit. Former bank executive Bellverie Ross just got herself out of foreclosure and now she's helping others undertake do-it-yourself rescues. Simone Orendain from member station WFAE in Charlotte, reports.
Oct 23rd, 2008 · The economic downturn is affecting the New York City real estate market. Many Manhattan building projects are not progressing as they normally would. Dana Rubenstein of the New York Observer newspaper and Steve Siegel of the global brokerage CB Richard Ellis offer their insight.
Oct 22nd, 2008 · Real estate executive Richard Warshauer and lawyer James Kaplan describe points of interest on the street that lends its name to the idea of finance. They meet visitors from around the world who tell why they've come to Wall Street.
Oct 9th, 2008 · The National Debt Clock has run out of numbers. The giant sign in New York City changes constantly as the federal debt increases. It was put up years ago by a real estate developer horrified that the debt was approaching $3 trillion. Some years ago, the clock stopped when the U.S. started running a surplus. But now it's running again, and when the debt struck $10 trillion recently, the owners had to improvise an extra number one.