Hurricane Alex Blows Clouds Over Florida Housing Market, and More

A storm is brewing in Florida. BP Oil spill damage and impending hurricanes could do a number on Florida homeowners
A storm is brewing in Florida. BP Oil spill damage and impending hurricanes could do a number on Florida homeowners

Hurricane Alex and the ongoing effects of the Gulf oil spill are brewing a perfect storm from which overburdened Florida homeowners may not soon recover. Meanwhile, short sales are through the roof, nationally.

HousingWatch takes a closer look at these major headlines from around the media universe: