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Detailed text transcripts for TV channel - MSNBC - 20120130:19:47:00

That means forclosures have to go before a judge. that s really lengthened the time line. it takes 806 days to foreclose on a property in florida. so many of them underwater on their mortgage. so many seeing their home prices plummet so far that they can t sell. again, you have an incredible supply of homes on the market there. they need some answers. the value of a home plummeting 50% or more, that s a huge number. are there any signs the worst of the housing crisis may be over in florida? when you look at the florida condo market, this is an interesting story, condos were huge among flippers and investers. you had people lining up to buy apartments and buildings that weren t built yet. they had a huge glut of inventor. what s happened is foreign investors have come in and taken over the miami market really bought up a lot of those ....

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