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Storm may be brewing but for more i am joined by housing expert in housing economist with core logic. This is the great panel to talk to. I want to go over the revised numbers to stay home sales are in a decline by 4 percent with 5. 2 million. So to get started is the recovery faltering . But were now looking at another crash. We were not predicting a huge increase of home sales this year and a lack of availability with tight credit have slowed the buying patterns down a little bit. Gerri so the king and expectations that would be underwritten debt is down eight. 7 . So the worse news for the Housing Market as you like these numbers just how serious is this and what is causing the issue . It is not that serious were still moving up and looking at five now it is an improvement. Were not back to the 8 million and we should not but the real reason and buyers are the first homeowners people are now listing their home for sale to begin with. It is a disincentive to sell as a big source of d

United statesNorth carolinaSan diegoDistrict of columbiaUnited kingdomLew wesCharles payneRon andersonLas vegasBarbara carrollLance armstrongGreat panelPanel talkStay homeHome salesSales year