Detailed text transcripts for TV channel - CNN - 20110427:11:21:00
Lowest point since the housing bubble burst. detroit was the only market to show a gain in february. prices there still well below their 2000 level. >> you can say because housing prices have declined, they are going to keep declining or look at this, looking to buy a louse and have the money and down payment and good credit, it's mortgage rates not prices that matter. take a look at this. americans take out such long mortgages, 30 year rates are 4.8%, and the median price for an existing home, single-family home, about $160,000. say that drops, you listen to all the doom sayers and it goes do...