On the Coast: The Housing Bust and Vacation Homes | WAMU 88.5 - American University Radio

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On the Coast: The Housing Bust and Vacation Homes

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Of property that is being sold on the Eastern Shore, many are foreclosures.
http://www.flickr.com/photos/respres/2539334956
Of property that is being sold on the Eastern Shore, many are foreclosures.

The burst of the housing bubble had a big impact on the Eastern Shore of Maryland and coastal Delaware. Realtors say they're closing more deals, but many of the homes they're selling are foreclosures. Coastal reporter Bryan Russo talks with host Rebecca Sheir about how the end of the housing boom is affecting the market for vacation homes.

[Music: ""Sea of Love" by Tom Waits from Brawlers / "Beach Side Property" by Modest Mouse from This is a Long Drive for Someone With Nothing to Think About]

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