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Monday, November 23, 2009

Video: Existing Home Sales Beat Expectations

October existing home sales beat economist expectations, rising more than 10 percent to a seasonally adjusted annual rate of 6.1 million. The National Association of Realtors said much of the surge was due to first time homebuyers taking advantage of the tax credit that had been due to expire, but has now been extended.

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Friday, July 17, 2009

Video: Iconic Chicago skyscraper Sears Tower renamed

The Sears Tower, one of the world's iconic skyscrapers and the tallest building in the U.S., was renamed the Willis Tower, marking a new chapter in the history of the giant edifice that has dominated the Chicago skyline for nearly four decades.

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Monday, May 18, 2009

Video: Efforts to resurrect 'ghost malls'

U.S. cities in need of jobs and tax revenue are scrambling to find new retail development to fill empty shopping centers and malls. As AP's Haven Daley reports, many vacancies have been caused by "big box" stores that went bankrupt.

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Thursday, January 22, 2009

Video: Homebuilders Have Pessimistic Outlook

01/22/09 The National Association of Homebuilders projects the housing slump won't turnaround for another year.

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