Hope for Housing, is a new $300 million program to help homeowners facing foreclosure get new loans. It was part of the Fannie Mae-Freddie Mack deal. Stacey Vanek-Smith talks to some who want to see more.
The bailout package's defeat in the House means no immediate relief for the housing industry. Dan Grech reports from Miami, where homeowners are worried and prospective homebuyers are wondering what their next move should be.
The economic turmoil has been a blow to homebuilders and they aren't waiting for Congress to make everything right. Rachel Dornhelm reports on some of the creative ways builders are trying to make sales.
In a recent study, 62% of homeowners believed their home had gone up or stayed the same in value in the past year. Commentator and behavioral economist Dan Ariely says in a falling market your house is almost always worth more to you than anyone else.