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Housing affordable. that means weve got to strengthen the fha so it gives todays families the same kind of chance it gave my grandparents to buy a home and it preserves those rungs on the ladder of opportunity. and weve got to the support, as i said, affordable rental housing and by the way, weve got to keep up our fight against homelessness. the mayor of phoenix has been doing a great job here in phoenix on that front. weve got to continue to improve it. now, since i took office, we helped brin...

Nearly two-thirds. millions of families have been able to come up for air. theyre no longer underwater on their mortgages. and just like the crisis hit phoenix very hard, hanks to some great leadership here locally, phoenix is also led one of the biggest comebacks in the country. so you should be proud of what youve done here. home prices in phoenix have risen by nearly 20% over the last year. new home sales are up by more than 25%. this morning, right before i came here, i visited erickson cons...

Of scratching the childs height on the door of their new home with pencil, of course. we can do all this if we work together. and it wont be easy, but you if we take just a few bold steps and if washington will just end the gridlock, set an slide the slash and burn partisanship, actually try to solve problems instead of scoring political points, our economy will grow stronger a year from now, five years from now, ten years from now, and as long as ive got the privilege to serve as your president...

Bubble. and especially in some places like arizona. it was devastating when that bubble finally burst. triggered a recession. millions of american who are done everything right were hurt badly by the actions of other people. housing prices plummeted. by the time i took office, home values had fallen almost 20% from the year before. new housing starts had fallen nearly 80% from their peak. hundreds of thousands of construction workers had lost their jobs, a record number of people were behind on ...

But weve got to keep going because nobody in america and certainly no veteran should be left to live on the streets. so heres the bottom line. put all these principles together. thats going to protect our entire economy. and it will improve the housing market not just here in phoenix but throughout the state and throughout the country. were also going to need to make sure though that were protecting individual home owns. weve got give them the tools that they can protect themselves. so weve got ...

devices. why arent you being allowed to see whats going on inside the courtroom? a mistake -- dick cheney coming out swinging, being one of the few top republicans to say john mccains pick of sarah palin as vp was a bad choice. and they call her the missile, missy franklin, just 17 and already turning heads in london. the female michael phelps, as some call her, dives in today for two very crucial races. "newsroom" begins right now. good morning. thank you so much for joining us....

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