Hanging on to Home, Even After a Fall

By Devin Maverick Robins, The New York Times, December 2011
Filed under: Not categorized

Tess Vigeland visits with Bernie and Joyce Murphy of Stallings, North Carolina. Four years after they purchased a townhome it's worth significantly less money. The Murphy's can afford their monthly mortgage payment, but because they can no longer count on making money when they do sell the house, they're changing their lifestyle to save more for the future and hope the market will one day recover. A special collaboration with the New York Times, asking "Which Way Home?"

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