Detailed text transcripts for TV channel - CNN - 20110227:17:52:00
Residential sector come out of the economic growth. for a long period it was a huge impact. it slowed the economy. now it is essentially neutral. it is not driving the economy but not dragging it down any more. for households, we are going to finally start seeing the foreclosures work through and we will get people -- have their house values stabilized and know what they are worth and i think they will be beneficial in the least amount of time. >> i do think we will see more house prices decline. we have to work through that foreclosed property. and -- >> is this supposed to be another record ...
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