Across the US there are homeowners faced with tough decisions. Not only concerning foreclosures and defaults, but getting out from under homes they cannot sell to take employment elsewhere. Anchored to properties that lost half their value when the bubble burst, some families have to decide between losing their home altogether and having gainful employment and a future.
Underwater Home Owners Lose Mobility
January 25, 2011 by Joe Spake
Filed Under: Coaching, US Real Estate Tagged With: foreclosure, home buying, home loans, home owners, job market, job placement, jobs, mobility, mortgage trouble, moving, real estate loss, underwater mortgage, Upside down, upside down mortgage
