So whether its the best deals on travel or how high gas might go in the dog days of summer or hopes for a strong home selling season this year, tonight were going to look at how all of that Summer Spending impacts you. And so we begin with housing. The numbers are in for the spring and the housing numbers have been a disappointment on every level. The Summer Season has to offer some kind of bump. But will it . Diana olick takes a look. Reporter sales down. Construction down. Supplies of homes for sale still well below normal. I think youre seeing more people go out there and attempt to get the financing before they actually get it to the market, which i think slows things down quite a bit. Reporter tight Credit Conditions are blamed in the housing recovery as cash investors move out, mortgagedependent buyers need to pick up the slack and so farther not, especially firsttime buyers. Unemployment for firsttime home buyers is higher, its about 11 for 20 to 24yearolds. Student loan debt is
National links: Drive-thrus siphon wealth from neighborhoods ggwash.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggwash.org Daily Mail and Mail on Sunday newspapers.