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Detailed text transcripts for TV channel - FOXNEWS - 20100701:20:32:00

Exchange rate is troubling me. foreigners buy problem. half my clients are foreigners. stuart: that big a parker? absolutely. they a all take pause when these go on at the same time. stuart: i don t think everybody s 4.58%. most of us still alive, no. stuart: that s not enough to get people buying? refis. 50% of the business this month are refis. it s not going to stir new home sales unless everybody feels confident. it s a confidence game at the end of the day. people have to feel happy. stuart: if they re not buying and you have a flood of homes coming on to the market, so you have a supply flood, that implies you have another leg down in prices. correct. inventories swell, banks put inventories on the market which aren t there yet. when that happens, definitely we could have a double dip in ....

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