Economy
3:42 pm
Fri March 29, 2013

Housing Recovery Offers Little Comfort To Family Whose Home Is Underwater

Originally published on Fri March 29, 2013 5:55 pm

The steady stream of good news about the recovering housing market isn't without its limits. Thad Salter and his family live in the Phoenix suburb of Maricopa since moving from California in 2006. He's seen his home drop in value by more than half and has been underemployed as an human resources professional since 2008. NPR's Ted Robbins reports that, for the Salters, the housing news isn't as good as reports in the housing industry would suggest.