Slow-Market Crisis: Stuck With Two Homes

Updated

(Money Magazine) -- When Chicagoans John and Judy Peeler decided to move to Philadelphia last spring, they blithely assumed they'd get more space for their money. Indeed, the couple quickly found a 2,500-square-foot, four-bedroom colonial in a well-regarded school district for $440,000, just about what they figured their 2,000-square-foot Windy City condo would fetch.
Perfect. Or so they thought.
Since then the seemingly ideal move has devastated their finances. The Peelers'

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