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Thursday, May 23, 2013, 4:36 p.m.

Housing comeback rescuing borrowers trapped underwater

By HEATHER PERLBERG BLOOMBERG NEWS

Maggie Medved was stuck with her Phoenix, Ariz., house for two years after the market crash wiped out the equity in the property. Last year, as prices in the area rose by the most in the nation, she and her partner were finally able to sell the three-bedroom, 1950’s style home and move to a larger place.

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  • Headline: Housing comeback rescuing borrowers trapped underwater
  • Publication: Business, Pages 65 on 01/20/2013
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