Real Estate & Homes

Oklahoma’s Dangerous Dearth of Storm Cellars

UPDATED 5/22/13 12:30 pm

The deadly tornadoes that struck outside Oklahoma City on Monday have a lot of people asking why there aren’t more storm cellars and safe rooms in the area, which would have enabled more residents to shelter safely.

Glenn Lewis, the mayor of devastated Moore, Oklahoma, said today that he wants to pass a law …

Home Price Gains Continue Increasing Nationwide

Citing “steady employment and low borrowing rates” as well as inventories that have fallen “to their lowest post-recession levels,” the S&P Dow Jones Indices released Case-Shiller housing data that showed home prices jumping 8.1% from the previous year. When charted, the data looks like it’s been hit with a booster rocket, with the past …

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