Detailed text transcripts for TV channel - CNN - 20110403:19:47:00
Strong growth peer, you do have rising rates, but that does not cut home prices. >> but the action does not have anything to do with mortgage rates, 32% of sales are people paying cash. so people are making monday any in housing. make no mistake, we look at the pictures on the wall and we talk about the tens of thousands of dollars of value people have lost in their home. there are people right now making an awful lot of money in real estate. >> orange county. foreclosures are selling in a month and a half. foreclosures and short sales are the hottest product in orange county. you see this bec...