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Housing Madness

How is the housing crisis affecting industry professionals and nonprofessionals on a personal scale? In this series, we talk to realtors, lenders, homeowners and those affected by the housing markets to find out exactly where and how the crunch is taking its toll.

The Manhattan skyline at night

Longtime renter, first-time buyer

For the latest in our Housing Madness series, we wanted to talk to someone taking advantage of the down market and buying property. Ashley Milne-Tyte found a first-time buyer in New York City -- where you'd least expect it. (04/04/2008)

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A broker takes up ARMS with us

Yesterday, we aired a story about adjustable rate mortgages as part of our Housing Madness series. Retired real estate broker Ann Hymes wrote in to let us know that ARMS aren't the problem here. She talks to Scott Jagow. (03/28/2008)

Houses on bar graph

Homeowners still up in ARMS

Despite the devastating subprime crisis, the number of new adjustable rate mortgages is on the rise. In the second part of our "Housing Madness" series, Bob Moon takes a look into the lure of these loans and why they're not a good deal. (03/27/2008)

A real estate sign announces new price

When realtors don't make the sale

Realtor Martha Ann Wishnev normally sells about $7.5 million worth of real estate a year, but she hasn't cut many deals since home sales dropped 22 percent nationwide. Rachel Dornhelm reports in the first of a new housing series. (03/25/2008)

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