The number of homes for sale is down 20% from last year. Would-be buyers are finding themselves in bidding wars, if they can find a house in good condition at all.
Iglesia ni Cristo hasn't revealed its plans for the boarded-up town, other than to say it will reopen the gas station. No word yet on the fate of the World Famous Longhorn Saloon.
Family has spent 17 years bringing a historic home back to its former glory. The owners even hired a painter to reproduce the original artwork on the walls and ceiling.
Buying a new home and letting the old one go into foreclosure, or doing a short sale, appeals to some homeowners. It's not easy, but some can do it. Should they?
Only a quarter of Americans deduct mortgage interest from their taxes, but the deduction appears to be a sacred cow of the tax code. Some argue it's unfair and should be scrapped.
Former residents celebrate their childhood homes and, in some cases, bemoan change. Natives of Brooklyn are especially active.
Homeowners in New York and Hawaii are in the best position, while those in Nevada, Arizona and Florida are most likely to be underwater.
About Teresa Mears
Teresa Mears is a veteran journalist who has been interested in houses since her father took her to tax auctions to carry the cash at age 10. A former editor of The Miami Herald's Home & Design section, she lives in South Florida where, in addition to writing about real estate, she publishes Miami on the Cheap to help her neighbors adjust to the loss of 60% of their property value.