bears joins us now. >> what is your prediction with the housing market and what does it say about new homes on the market. >> it is a slight rise. and new homes are a very small portion actually of the housing market. existing homes are the real, real indicator. and we expect a recall rise there and are coming off of the month that was the second worst month in a decade. and i don't think there is much to look forward to here. this is not traditionally the big selling time? -- sales time for houses and we have the hole foreclosure mess. i mean, you know, one week bank of america says they are not going to be -- they'll freeze their foreclosures and the next week they are on again, off again, so, it is hard to know what inventories are out there and, if you don't know what inventory is out there, how do you buy or sell. >> julie: how will the housing numbers be impacted by the foreclosure mess. >> that is hard to say as well.