There still some lingering distrust left over from the housing crisis that hasnt been fully dealt with yet so i think that is what everybody is concerned about along with the somewhat anemic Economic Growth that people are concerned that this housing recovery is not for real or its not as good as it appears to be. So we look at home prices had a very big jump in many areas in and home prices in 2013 but we are starting to see those numbers come down in many markets across the country. Foreclosures which we track are down to nearly prerecession levels. Actually we came out with the april numbers yesterday. There were 115,000 properties with foreclosure filings in the month of april. Thats down from a peak of over 367,000 in march of 2010 and we are almost back before the recession we were seeing about 85,000 foreclosure filings a month so we are getting closer to that level. That negative piece is largely gone from the market. Housing prices are going up but there is what i call a hole
Daunting, but i dont think that they are insurmountable, nor is washington this function an excuse excuse for inaction. From a believe our state and cities, to pollen areas and a pilot to the private public civic institutions that lead them to have the talent and as we have seen dramatic creativity to move this country for in this area and in others. We absolutely believe now is the time deduces of the weakest are building for the next 100 years. Thank you for coming. Appreciated. [applause] [inaudible conversations] [inaudible conversations] on cs q a. Is a Dina Elboghdady the Washington Post who covers the housing industry. What is going on on capitol hill when it comes to the housing industry not just capital but washington as well . Guest there has been a lot going on the past couple of weeks. Basically there has been a big bill moving through the senate, it got through the Senate Banking committee overhaul fannie mae and freddie mac. Yesterday the Senate Banking committee had a vo
Sections of 706 to adopt such rules, even while it found the portions of the 2010 or net order were beyond the scope of our authority. In response, i promptly stated that we would reinstate rules that achieve the goals of the 2010 order using section 706based roadmap laid out the court. That is what we are proposing to do today. Section 706 is one of two principal methods proposed to accomplish the goals of an open internet. Today we are seeking input on both sections 706 and title ii of the communications act. We are specifically asking for input as to the benefits of each and why one might be preferable to the other. We have established a lengthy comment and reply period to allow everyone the opportunity for debate. Mr. Clyburn made an observation, a personal point. I would like to make a personal point as a former entrepreneur and venture capitalist. I know the importance of openness firsthand. As an entrepreneur, i have had products and Services Shut out of closed Cable Networks. A
Will not affect that all stop their proposing to make context specific casebycase judgments about the appropriateness of certain behaviors. That makes sense. The scope is missing. If were worried about consumers having access to the content they are choosing, the threat to that openness does not come only from broadband. Hearingerested in groups arguing for open internet. Protection seldom talked about what is going on outside of this. We have realworld examples all the time. Last year and this year, and retransmission disputes. Content owners have withheld content from customers to essentially punish a cable provider. Often consumers are damaged in that. They cannot get access in a retransmission dispute within cbs and Time Warner Cable. Withheld it from Internet Access address is longing to Time Warner Cable will stop some of those customers were not time warner customers. They might have been directv subscribers. The weird thing from my perspective is that those who support a role f
[applause] good morning thanks to ppi for the invitation. With deals like a lot longer but i have been at the fcc a little less than one year. And in the Commission Time barely a blip on the radar but under the chairmans leadership were moving at a very fast pace taking on many complex issues so by way of example we have options incentive option will will spectrum infrastructure spectrum said frontier. 17 Competitive Bidding rules joint bidding rules competition policy and i suspect the pace will not let up anytime soon. What we are busy working on these issues the Wireless Industry continues to involved in challenging ways but we just dont see challenges and that is what i want to talk about todays opportunity that we see in those with arab agenda at the bureau more specifically we see opportunity with Wireless Infrastructure to make more spectrum available is a new ways with Broadband Demand and to promote and protect the marketplace also to promote innovation was divert Devices Netw