On Monday, July 21 at 7:00 p.m., Patrick Murphy visits the St. Charles community, which was until recently, a boom area for building and selling houses.
Now, St. Charles is experiencing a rising numbers of foreclosures—leaving hundreds of new homes left vacant. Murphy speaks with Developer Tom Hughes and County Executive Steve Ehlmann about the ripple effect that the mortgage crisis is causing throughout the area, and how the elements of this ripple effect are becoming a detriment to the home developing industry. This segment is part of KETC’s community engagement initiative Facing the Mortgage Crisis.
