Segments From this episode
The current housing crisis is talked about by a lot of people, but how bad is it really? Tess asks Marketplace's Chris Farrell to help us understand the scope of the problem.
Tess introduces us to the Goslins, a family in the midst of foreclosure as they hand over their keys and leave their home.
Tess Vigeland tours the wasteland of foreclosed homes near Stockton, California, and meets a family that's resorted to squatting in their own home.
Homes that banks are eager to unload can be a big bargain for buyers willing to put in some elbow grease. Marianne Russ visits bank-owned homes to see if you really get what you pay for.
Looking for a formula to aid your house hunting? Commentator and MIT professor Dan Ariely says science doesn't have much to offer us when it comes to finding the right home.
In this special housing edition of Getting Personal, Chris and Tess talk about saving for a home, renting to own and reverse mortgages.
Marketplace Money for April 5-6, 2008