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The toll the Great Recession has taken on America has been shown through jobless numbers, excessive CEO pay, and other methods. But, it's taking a growing toll on the standard of living in the United States.
Another setback for South Florida's struggling housing market lies is just beneath the surface – thousands of homes that make up the so-called "shadow inventory."
South Florida's sagging housing market has drawn a lot of attention from overseas buyers hoping to cash in on distressed real estate prices.
For years we have seen real estate prices in South Florida tumble, but for the first time it appears that trend is reversing.
While the foreclosure crisis still has a stranglehold on the South Florida real estate market; it is leaving some great deals out there at local auctions that could put you in a great house for not much cash.
An index of home prices in big metro areas, including South Florida, has reached its lowest level since 2002, driven down by foreclosures, a glut of unsold homes and the reluctance or inability of many to buy.
If you've got the cash, then the South Florida real estate market is ready to reward you with some large bargains. From Homestead to Coral Springs, real estate agents are starting to see a slow turnaround in the depressed Florida home market.
The home market has been the foundation of the Great Recession in South Florida for years. While sales of homes and condos may be increasing, the chances of the average Joe getting some of these great deals remains slim.
Downtown Miami's once depressed condo housing market may be turning around, if one building is any indication.
Home values in South Florida fell nearly 13 percent in the first three months of this year, compared to the same period last year, according to real estate tracker Zillow.com.
Existing home sales continue to rise in Florida. The figures show that sales of homes and condos increased 36 percent from February to March.
As the economy continues to ebb along with slight signs of improvement, many have wondered if the housing market is finally on the road to recovery.
Mortgage fraud. It's a growing crime that federal prosecutors now say costs taxpayers, legitimate homeowners and banks billions of dollars every year. The fraud has become so bad that experts say it has driven up the cost of any loans you might need.
The latest figures show that the total number of home sales have increased to 7.7 percent in February compared to a year earlier.
Foreclosures in January increased by just one percent from December numbers and were 17 percent less than in January 2010. It's the latest signal that the real estate market may finally be stabilizing.
There's encouraging news about the state's housing market. Real estate experts are showing some renewed optimism in Florida's home sales, but they're waiting for potential buyers to agree.
Realtor.com found that Miami was the fifth most searched city when it comes to real estate.
While South Florida's real estate market continued to struggle in 2010, area which boomed was "short sales".
The latest economic indexes show 2011 is already looking much better than the start of 2010 with improvements in consumer spending, manufacturing and continued gains on Wall Street.
South Florida realtors revealed that pending home sales in Miami-Dade and Broward County jumped by almost 29 percent this month compared to December 2009.
While South Florida is no stranger to heat, Thursday's heat comes during a stretch of hotter-than-normal days, with little overnight relief and fewer afternoon storms expected to cool things down.
The testimony on Day 7 of the trial comes after the state rested its case Tuesday.
On Tuesday, the site remained quiet as investigators continued their work. Visible damage was still apparent beneath an awning near where the blast occurred.
Brandon Marsh, Alec Bohm and Kyle Schwarber homered, Jesús Luzardo pitched seven strong innings and the Philadelphia Phillies defeated the Miami Marlins 8-2.
When the clock struck 6 p.m. Monday for Miami's first match, some fans were already in their seats while others were still stuck outside.
While South Florida is no stranger to heat, Thursday's heat comes during a stretch of hotter-than-normal days, with little overnight relief and fewer afternoon storms expected to cool things down.
The testimony on Day 7 of the trial comes after the state rested its case Tuesday.
George Pino is facing manslaughter and vessel homicide charges after the boat crash near Boca Chita Key in Biscayne Bay in 2022.
On Tuesday, the site remained quiet as investigators continued their work. Visible damage was still apparent beneath an awning near where the blast occurred.
Brandon Marsh, Alec Bohm and Kyle Schwarber homered, Jesús Luzardo pitched seven strong innings and the Philadelphia Phillies defeated the Miami Marlins 8-2.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The Senate narrowly rejected a war powers resolution on Iran as President Trump touts a framework agreement with Tehran to end the monthslong conflict.
The FBI said it disrupted an attempt to attack Sunday's UFC America 250 event at the White House, with court records detailing an alleged plot to use small drones carrying explosives.
Iran's World Cup team coach says it was ordered to leave the U.S. and return to its training base in Mexico only a few hours after opening its politically charged tournament with a draw.
A bipartisan group of Florida officials and Jewish community leaders is urging the Tampa Sports Authority to cancel Kanye West's upcoming Tampa concerts.
The dispute rejected by the Supreme Court involved the scope of students' free speech rights and schools' ability to restrict expression that could be viewed as reflecting their endorsement.
Democratic CFO candidate Annette Taddeo says she is running to strengthen oversight of Florida's insurance industry and better protect homeowners.
Miami-Dade Commissioner Oliver Gilbert says his record of delivering results sets him apart in the Democratic primary to replace retiring Rep. Frederica Wilson.
Florida House Speaker Danny Perez denied claims his nomination as U.S. ambassador to Brazil was tied to Florida's recent redistricting effort.
Moskowitz provided CBS News Miami with copies of virulent, antisemitic voicemails his office has received.
Critics argue his plan will decimate cities, counties, and local school districts.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
A bipartisan group of Florida officials and Jewish community leaders is urging the Tampa Sports Authority to cancel Kanye West's upcoming Tampa concerts.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
Federal prosecutors have indicted ex-Miami Heat guard Terry Rozier on additional charges related to a sports gambling sting.