secretary ben carson confuses a common real estate term that housing experts know about with oreo cookies. i m not telling a joke. this is also not the first time you ve seen trump appointees, cabinet secretaries appearing before congress and appearing quite unprepared. we ll take a look. that s ahead. etsy is the place to find new favorites. the belongings we hold on to. etsy knows that moments, big and small, deserve things that really matter. sold by real people and filled with things that last beyond the latest trends.
of housing experts is this the beginning of a healthy boom or a bubble? the consensus, prices will keep climbing this year. no fears of a bubble, not yet. i would buy a house right now, if i were starting out, again. and wanted a home. reporter: schiller and others caution to beware of the frenzy in the hot markets where bidding wars are breaking out. the robinsons like many others may need to lower their expectations if they want to buy this year. i think we are going to end up looking at a lot more houses and just trying not to get too attached to any of them since there is a really good chance some one else s offer is going to be accepted. reporter: to give you a sense this is happening all over the country. this house behind me wasn t on the market when it sold. the broker said business is booming. he has done 12 years in two months. rebecca jarvis, abc news, new york. as we mention today is may 1st, may day, traditionally marked by demonstrations protests and public rall
waste of an all-star game. you ve gotten seconds. it s flag football. that would be more entertaining. we ll see what else is coming up. state stay tight. we ll wait for that. all right. starting point this morning we re talk tath florida primary which, of course, is tomorrow. it could be a tiebreaker in the gop race for the nomination. you know there s been three contests with three different winners. santorum won iowa eventually, then it was mitt romney won new hampshire, then newt gingrich who won the state of south carolina. now florida, could end all there, couldn t it? no, no, no. that was a facetious question. it s not going to send it all because newt gingrich said he s going to the end and ron paul says he s going to the end and santorum said he s going to the end. interesting. yes, it is. florida is nobody s home state. population is diverse. often they divide the state into four, sometimes three, sometimes five different blocks. the one thing that
couldn t be weaker in terms of the economy. and they want to make him, what, are they trying to save this presidency, these guys? chris, there s nothing better than being on television with you when you re using the word horny. let s start with that. okay, randy, better word. stick with horny. we ll stick with what you ve got. it is extraordinary, and they do seem to be giving the president a gift on a lot of these issues. i m more struck, in some ways, by how, in romney s case in particular, how totally ignorant he seems to be about the actual public policy implications of what it would mean to let the foreclosure crisis play out in a natural way. he is supposed to be the guy who has private sector experience, he s supposed to understand the private sector better than barack obama. that s supposed to be the contrast that favors him, that he actually understands how things happen and what he likes to call the real economy. there aren t very many housing experts or economic ex
contrast that favors him, that he actually understands how things happen and what he likes to call the real economy. there aren t very many housing experts or economic experts that i know of that don t think they re right now trying to figure out a way to unwind the foreclosure crisis is at the core of how to set up the united states economy for some hope of recovery in the near to medium term. i actually don t even think it s that ideological. it is part of the big deleveraging that has to happen in the america for the economy to get back on its feet. and so you have people that have different kinds of proposals to try to make that happen, but there aren t that many people who think it s a healthy thing for the economy to continue to let this play out in the way that it has played out. and i find that be a position that allows obama not just to contrast himself against romney, as romney being the scrooge, but also being someone who seems woefully out of touch with what s going on in w