QUESTION OF THE WEEK- What do you know about the housing slump?
Moira Gehring: "I know we can't sell our house in Woodstock, Vermont. If you want to buy a house, it's a great house. It's been on the market for over a year, but it's still a great house."
Marc Brake: "It's a good time to negotiate price and get into a house you might not have been able to afford two years ago."
Jane Carr: "The housing slump is really going to have a significant effect on our nation. I think around 2 million people are in danger of losing their homes to foreclosure. There's a bill being introduced in the Senate in the next few days that will require mortgage companies to negotiate with people and lengthen the terms of the mortgage so that they can hopefully stay in their houses. I think the Congress has realized, finally, that this could be what tips the country into recession, and they're considerably worried about it."