Detailed text transcripts for TV channel - CNN - 20110124:16:27:00
Important asset, probably your biggest debt, too, your house. we asked them is it weak, improving, strong or very strong? where do we stand right now? and the answer to a person with no disagreement is that the state of american housing is still weak. here's what mark zandy from moody's analytics said. >> housing is the economy's weakest link. of course, it was ground zero for the financial panic in the great recession. we still have more work to do. home sales and housing construction have stabilized at incredibly low levels. unfortunately i think we've got more house price declines coming. w...
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