8:00am

Sun June 26, 2011
Economy

Making Foreclosures Part Of The Solution

Many economists say housing prices won't start to recover until 2014. Even Fed Chairman Ben Bernanke said the market may be worse than anyone had thought. Still, there may be glimmers of hope as policy makers try to think up new ways to help struggling homeowners avoid going into foreclosure, and help investors buy up those properties that already are in foreclosure. NPR's Chris Arnold visits a foreclosure auction to find out what's happening.