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Housing Roadblock

Tuesday, 27 Mar 2007 | 8:10 AM ET

Sales of existing homes rose in February by the largest amount in nearly three years, but worsening troubles in subprime mortgages were viewed as a roadblock to a full-fledge rebound. Bob Moulton, Americana Mortgage Group president; Jim Gillespie, Coldwell Banker CEO and Mike Larson of MoneyandMarkets.com share their insight with CNBC's Carl Quintanilla.