Nov 11, 2011

Marketplace Money for Friday, November 11, 2011

In a special partnership with The New York Times, Marketplace Money takes a look at how housing fits into today's American Dream.

Segments From this episode

Which Way Home?

What it's like to walk away from a house

by Tess Vigeland

Nov 7, 2011

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

Bill Sawyer walked away from his condo a year and a half ago. Now he rents an apartment in Wilsonville, Ore.

Leah Nash/The New York Times

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Which Way Home?

Should the mortgage-interest tax deduction be cut?

by Tess Vigeland

Nov 7, 2011

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.

istockphoto

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Which Way Home?

Your mortgage: Home first, investment second

by Tess Vigeland

Nov 8, 2011

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.

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Which Way Home?

Second-home sales on the rise

by Tess Vigeland

Nov 8, 2011

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.

Faigee Richman in her new Miami Beach, Fla. apartment.

Oscar Hidalgo/The New York Times

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Which Way Home?

A financial adviser's big financial mistake

by Tess Vigeland

Nov 8, 2011

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.

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Which Way Home?

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

by Tess Vigeland

Nov 8, 2011

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.

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Which Way Home?

More Americans opting for multigenerational housing

by Tara Siegel Bernard

Nov 8, 2011

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.

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Which Way Home?

Underwater, but still living the American Dream

by Tess Vigeland

Nov 8, 2011

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.