Friday, March 7, 2008

Foreclosure overshadows lives of renters, owners

"Moving to a big house in the Verrado development in the far West Valley in December was a dream come true for Marcel Pelletier and his girlfriend, Jennifer Evans.

For $1,000 a month in rent, the couple was able to drastically upgrade from their rental in Avondale, and get Evans' children, age 8 and 11, into a better school, they said.

But the housing shakeout that's brought surges in home foreclosures to the region looks as if it will send the family back to the city."

Click the link to read more...

Foreclosure overshadows lives of renters, owners

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