In effort to avoid foreclosure and preserve their credit rating, some are willing to sell their homes for less than they owe on the mortgage. But even taking a loss isn't always as easy as it sounds. Peter O'Dowd reports.
Online database RealtyTrac says foreclosure rates aren't going to peak until next year. Which is good news for auction houses rattling off prices to an increasing number of bidders. Sean Cole visits a foreclosure auction in Boston.
Realtors have been criticized for playing a cheerleading role during the height of the housing bubble. But at a National Association of Realtors convention, Jeff Tyler found out that these days, there's a hint of pragmatism going around.
Before the financial crisis, real estate investors saw potential profits everywhere. Now their properties aren't worth what they sold for, and it's turning into a problem for middle- and working-class renters. Alisa Roth reports.
The next group in line for a government bailout could be a branch of the government itself. The Federal Housing Administration is said to be running out of money. Jeff Tyler reports on what a broke FHA would mean for the real-estate industry.
