Posts by Martha C. White

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Homes underwater: A stumbling block for recovery

Despite the recent good news that home prices in the U.S. rose 2.9 percent in the second quarter of 2009, it’s too early to call it a turnaround for the battered housing sector.


Renters hit by foreclosure crisis too

While the plight of homeowners affected by the real estate meltdown has been well-documented, renters too often fall under the radar.


Underemployment presents challenges

While the steady rise of the nation’s unemployment rate has become shorthand for the recession’s impact, many economists say the grim figures — 8.9 percent in April — don’t tell the whole story of Americans’ financial distress.