that s because i m scared of my wife. when he signed the health care bill in 2010, his friends say he quit smoking cold turkey. another positive sign to pass along with you, the housing market is recovering. christine romans is with us now. give us the numbers. another very strong report here from kay shile schiller, t this particular report tracks, best year-over-year gain since 2006. 12% gain in home prices for that average, home prices climbing faster than july. rising annual rate of 12.4%. what s interesting here is that all of the 20 cities measured have been rising. hot spots like phoenix and some others are showing 20% plus year-over-year gains in
and the republican party is, is that there s a way to get at obamacare to ask nor juan-year delay on the individual mandate in a few weeks and that we about very tough for the administration, after having given business owners a year waiver, very tough for the administration to say the consumers don t get another year before the system figures itself out. i think that makes much more political sense. and that s why you re seeing republicans turning away from ted cruz, saying let s get the senate debate and all these funny procedural votes done even quicker so we can move it back to the house and try to take care of this as soon as possible. trace: ab stoddard, good to see you. thank you. trace: great news for anybody looking to sell their home. prices rows more in july than we have seen in seven and a half years. that s according to a new report. home prices in the u.s. jumped 12.4% compared to last july. it was slightly larger than we
saw back in june, and helped put stocks in the green. take a live look at the dow. the dow is down again. for like the third or fourth day in a row. the fox business network jerry willis is live. what do you make of this housing price jump in it s good. right? 12.4% looks great. a huge gain. but the arrest the reality is we re looking at the gains are slowing over time. for the last three months they ve they have been going down, and in this very report, 15 cities found their price gains slowedded. the experts are saying this big huge runup in housing prices can t continue. the trend is your friend when it comes to markets so you need to know what is and that is what is happening right now in those markets. in. trace: if the trend is your friend, as you look forward, what s the most important housing indicator? look at mortgage rates. that is moving the market right now. we have seen perch gain in the
spring. you would never know it based on the weather in a big portion of the country. march is obviously supposed to come in like a lion, go out like a lamb but cold, snow, wind and rain are making for a late march mess in more than a dozen states. reporter: from denver to d.c., if you re looking for signs of spring, you ll need a shovel. the late winter storm that marched across the midwest over the weekend pushed eastward monday, weakening as it went, but still bringing misery to many. in most areas, the wet snow was measured in inches, but some places saw a foot or more. st. louis got 12.4 inches, its snowiest march day ever. in colorado, the going wasn t
we re almost a week into spring. you would never know it based on the weather in a big portion of the country. march is obviously supposed to come in like a lion, go out like a lamb but cold, snow, wind and rain are making for a late march mess in more than a dozen states. reporter: from denver to d.c., if you re looking for signs of spring, you ll need a shovel. the late winter storm that marched across the midwest over the weekend pushed eastward monday, weakening as it went, but still bringing misery to many. in most areas, the wet snow was measured in inches, but some places saw a foot or more. st. louis got 12.4 inches, its snowiest march day ever. in colorado, the going wasn t just tough, it was terrifying, as this wreck involving a semi and several cars on i-25 shows. farther east in dayton, ohio, the morning rush was more like the morning mush. the snow only made monday s commute even more of a downer.