Housing Reality TV Refocuses on Foreclosure Makeovers
Housing Reality TV Refocuses on Foreclosure Makeovers
House-flipping reality TV shows that took advantage of a booming housing market soared in popularity a few years ago. But now these shows are getting a new dose of reality by taking on foreclosures.
Foreclosures, which have skyrocketed across the country, will become the new focus on many real estate reality TV shows slated for later this summer and fall, airing on several TV networks.
Here’s a rundown of some of the shows:
“Flip Men”: Spike TV will premier a show in September about two hosts in Salt Lake City who attend auctions for foreclosed homes and try to make money in the foreclosure market.
A&E Television Network: The network plans to have a new show about flipping homes, some of which are in foreclosure, in the Houston area.
DIY Network: The network has a show in development about flipping foreclosed houses that is slated for 2012.
“Flipping Out:” The Bravo show, which is in its fifth season, will start tackling more foreclosure topics with host Jeff Lewis, a house flipper turned designer, working with lenders to try to buy a foreclosed home.
Lewis says he expects "more and more" reality shows to debut about foreclosed homes. "People want to watch programs that reflect the current reality, not a fantasy," Lewis told The Wall Street Journal.
Source: “TV Home Shows Flip Scripts,” The Wall Street Journal (July 25, 2011)
Read more: A Foreclosure Gets a Dramatic Makeover
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