margaret kelly from remax, you're on the front lines. done to keep people who want to stay in their homes in their homes, paying their bills, and not strategically defaulting or is it ever okay to walk away from your financial obligations to the bank if there's no hope, you're so under water, no hope you're ever going to get out of it? >> well, that's a moral and ethical question that i think each person has to address, but what we need to do is loosen up the jumbo mortgages and allow the higher-end mortgagies to be able to adjust their mortgages. it's interesting, you talked about it's the higher end. for those people with mortgages of 50,000 or below only 6% strategically default. if you are over a million dollars on your mortgage, 33% are strategically defaulting. >> why is that? >> because more than likely they've paid way too much for their home, they don't see that they're ever going to get out of the negative equity position, and they equity position, and they have, as you said, it is strategic. they have thought about it and said

. >> margaret kelly you're the ceo for remax. do you think we're reaching a bottom here? >> i think we're reaching a bottom. right now we call it kind of a soft recovery. up and down. unlike the kay schiller report, remax does a housing report and kay schiller is a three month average, the data we're looking from them is for april. remax looks at current data and what eve seen is the last three months that we've seen an increase in prices in three of the last four months increase in transaction. that's great signs. >> jim, chris and margaret stick with us because we have so much to talk about about house, the big question is do you rent or do you buy? what to do and which makes sense for you and your family. that's next. ucerna shakes. they have slowly digestible carbs to help minimize blood sugar spikes, which can help lower a1c. [ male announcer ] glucerna. helping people with diabetes find balance. [ male announcer ] glucerna. somewhere in america, a city comes to life. it moves effortlessly, breathes easily. it flows with clean water. it makes its skyline greener and

. >> in democracy remixed first where did the remax come from? out of hip-hop culture and does speak to kind of making sure the culture, the voice from the ideas of young black people are first and foremost writing this including in the title. >> is there an important politically to hip-hop culture? >> i think it is. first we have to recognize hip-hop culture as something created by young black and latino zandt to kind of recognize that and acknowledged that they have this creative ability to influence not only that the country but the world. if you travel anywhere in the world and of the things we know it is about young people listed are listening and engaging in hip-hop but it is a genre that resignation and i think it was president obama's knowledge of hip-hop but allowed him to resonate with young black people. remember the story of what was on his ipod, and we have seen this recently when he invited comment to the white house there is a tension in the country of what this hip-hop represent, who controls it and should in fact the country or t