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(Studio: Katie Couric) A jump in existing home sales and a drop in the median price reported.
(Wolcott, Connecticut: Anthony Mason) The boost to the fragile housing market from the stimulus program that offers a tax credit for first-time buyers examined; details given about fraudulent claims; statistics on delinquent mortgages and foreclosures cited. [Buyers Paul MAZUREK, Gloria HENLEY- comment.] [Broker Gene FERCODINI- notes the impact on his business.] [Zillow.com economist Stan HUMPHRIES- compares foreclosures to home sales.] [Mortgage Bankers Assn. Jay BRINKMANN- notes the link between the real estate market and the jobs market.]
- Couric, Katie;
- Mason, Anthony
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