Detailed text transcripts for TV channel - CNN - 20100510:11:22:00
By the end of this year you'll reach the bottom. let me tell you what's happening right now. you're seeing prices down 3.8%, still hurts for the value of your largest asset. $183,700. 22.3% are under water, that means your house is worth less than the value of the mortgage right now. this number continues to climb. so look, i want to be clear, you're still kind of having some rough going in terms of value of your home. let's talk about california, quickly. this has been an epicenter of the housing crash crisis. i want to talk about some of these areas showing a little bit of signs of life. let...
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