Thursday, December 08, 2011
Census data from last year showed more African-Americans from Northern metropolitan areas like New York and Chicago are moving to Southern cities like Atlanta and Kansas City. It’s what’s known as reverse migration. And new analysis done on that census data led by Brown University, shows that a consequence of reverse migration is desegregation, as suburban neighborhoods in some Southern cities become more racially integrated.
Monday, November 07, 2011
Some architects are taking on a new challenge at a symposium on Monday — how to meet the housing needs of those in illegal or unsafe situations and increase options in the city’s housing market.
Tuesday, October 25, 2011
Wednesday, October 19, 2011
By Nichole Christian : WDET Reporter
America’s shrinking cities might want to take note of a new alternative bubbling up from Detroit’s ongoing battle with blight. In truth, the idea is more old school than new: Why demolish when you could deconstruct and re-purpose the remains of ruin into a job creation tool?
Detroit is besieged with at least 60,000 reasons to consider the question. That is the number of abandoned homes and buildings around the city, depending on who’s counting. In fairness, the question belongs to a number of American cities where demolition has long seemed the only alternative. But the concept of deconstruction is rising to challenge that conventional notion in the city perhaps most synonymous with decay.
Monday, October 10, 2011
When Anita Hill testified during the Clarence Thomas confirmation hearings in 1991, she sparked a national conversation on sexual harassment and women's equality in politics and the workplace. Now she turns her attention to another symbol of economic success and equality—the home. Reimagining Equality: Stories of Gender, Race and Finding Home looks at how the current housing crisis is devastating to families, communities, and cities.
Tuesday, August 16, 2011
On the heels of the debt ceiling crisis, Congress has established a "super committee" to find ways to reduce America's debt. The twelve-member committee began work on debt-reduction strategies this week, aiming to come up with a plan to reduce the deficit by $1.5 trillion by Thanksgiving of this year. But as lawmakers lock horns over where to find spending cuts, we've been asking our listeners for suggestions on how to fix the economy. One suggestion our listeners had was to boost housing prices.
Thursday, July 21, 2011
Hundreds of thousands of homeowners who took out loans with Countrywide, and were overcharged for their loans when they fell behind on their payments can expect some money back soon. It's taken over a year for the Federal Trade Commission to figure out who will get parts of a $108 million settlement reached last summer with Countrywide. Countrywide will begin mailing checks today. Wells Fargo, the largest U.S. home lender, has also agreed to a steep fine of $85 million, for roping borrowers into costlier-than-necessary loans.
Wednesday, July 20, 2011
Home sales are down, according to numbers released today. Felix Salmon, finance blogger for Reuters, looks at the stats and how housing and jobs intersect, as well as the ongoing debt ceiling negotiations.
Wednesday, July 20, 2011
By Alec Hamilton : Assistant Producer, WNYC News
Wednesday, June 29, 2011
One month ago today, President Obama visited the town of Joplin, Missouri, where a tornado killed 156 people and caused millions of dollars in damage. Today we’re going back to the scene of the devastation to see how Joplin residents are recovering one month after President Obama told Joplin, "There’s no doubt in my mind that Joplin will rebuild. And as President, I can promise you your country will be there with you every single step of the way...The cameras may leave. The spotlight may shift. But we will be with you every step of the way until Joplin is restored and this community is back on its feet. We’re not going anywhere."
Monday, June 20, 2011
All the jawing and insult throwing has ceased for the time being as negotiations heat up on Capitol Hill over the debt ceiling. Vice President Joe Biden said there are four meetings scheduled, and "now we're getting down to the really hard stuff." Todd Zwillich, The Takeaway's Washington Correspondent, says Congress would love to get an agreement by the 4th of July—way ahead of the deadline in August.
As Washington tries to get the debt ceiling squared away, the Federal Reserve will meet on Wednesday to discuss interest rates. Housing numbers have been consistently awful for some time now, with no sense of relief in sight. Charlie Herman, economics editor for The Takeaway and WNYC, looks at what we can expect from Wednesday's meeting, and whether or not it's likely that the Fed will decide to leave interest rates close to zero.
Friday, June 17, 2011
By Ilya Marritz
The number of landlords failing to make their mortgage payments is up sharply in New York City, according to a new study from NYU's Furman Center for Real Estate and Urban Policy.
Monday, June 06, 2011
The Treasury Department was given $46 billion to keep homeowners in their houses in 2009, but has spent less than $2 billion of that money. In April, there were more than four million mortgages in foreclosure or 90 days delinquent. The New York Times' Andrew Martin says that the primary cause of foreclosures is unemployment and that the U.S. government has not focused nearly enough attention on the problem.
Friday, June 03, 2011
The S&P / Case-Shiller home price index report released Monday showed housing prices dropped in many parts of the country between February and March to their lowest level since the bubble burst in 2006. Behind those numbers, American families and American dreams were shattered by a mix of predatory lending, devalued home prices and complicated derivative trading on Wall Street.
Friday, June 03, 2011
Thursday, June 02, 2011
Joplin, Missouri is trying to pick up the pieces from last week’s massive tornado. In addition to killing 134 people, more than 8,000 homes and apartments were destroyed or damaged in the 200 mile an hour winds — between 25 and 30 percent of the housing market. The Federal Emergency Management Agency, FEMA, says more than 7,000 Joplin residents in Jasper and Newton counties have registered for assistance so far, and they are still assessing how to best assist them.