Segments From This Episode

• What it’s like to walk away from a house

  by Tess Vigeland

  

  Two home owners who stopped paying their mortgages and walked away from their homes explain how they're dealing with the consequences in this story from our series "Which Way Home," co-produced with The New York Times

  Share

• Should the mortgage-interest tax deduction be cut?

  by Tess Vigeland

  

  We take a look at this special tax deduction for home owners and whether it actually does help citizens achieve the American Dream and the consequences of cutting it.

  Share

• Your mortgage: Home first, investment second

  by Tess Vigeland

  The burst of the housing bubble showed that housing prices won't eternally increase. But New York Times columnist Ron Lieber explains why a mortgage is still a great investment.

  Share

• Second-home sales on the rise

  by Tess Vigeland

  

  The housing market is still down, but in some areas, housing sales are increasing — particularly second-home sales. We talk to the New York Times' Paul Sullivan about what's driving this trend.

  Share

• A financial adviser’s big financial mistake

  by Tess Vigeland

  Financial advisers are paid to dish out sound money advice, but they're still vulnerable to missteps. One adviser shares the story of his life-altering miscalculation.

  Share

• From re-fis to loan mods: The never-ending story

  by Tess Vigeland

  Home owners across the nation are slogging through the seemingly endless loan modification process to save their homes. Reporter Ann Carrns has story of one woman who finally achieved the elusive loan mod.

  Share

• More Americans opting for multigenerational housing

  by Tara Siegel Bernard

  Financial hardship is pushing more Americans to move back in with relatives. We take a look at one woman's choice to buy a house with her mother.

  Share

• Underwater, but still living the American Dream

  by Tess Vigeland

  

  Tess Vigeland visits a couple whose home is underwater, but they are making the best of it. They are saving more to compensate for potentially selling their home at a loss in the future.

  Share