Page 2 - Inventory Numbers News Today

Long the way. but just this year, and this may not look like much here, weve had a very sharp upward bump. the largest rise in house prices year over year in two years, 5.6% so far this year. i think a growing sense whether its new home sales or housing starts a lot of the data have led economists, and therefore it gets transmitted into individuals, to feel that housing is actually making a real recovery now. and thats enormously important to people because moat of their wealth is in housing. >>...

Inventory numbers came down from 1.9 miion. hedge fund guys are buying them up. >> this is why i do think that homeowners should not get excited because in a lot of places, well see home values flatter and going down slightly more. if you do have the money to invest like a hedge fund it is it a good time. at these prices it is going to go up. >> lets home. you get great bargains. and coming up next. a record number of folks shopping on line to save a lot of money this holiday season. that is goo...

>> good to see you. have a great day. from studio 7, im fredricka whitfield in for suzanne malveaux. lets get you up to date for this wednesday, september 7th. in texas, more wildfires break out as the state battles its worst fire season on record. at last count, 22 new fires are burning. those and dozens more have scorched 120,000 acres in the last week. and across the state, four people have died and more than 700 homes have burned. for many people who have evacuated, there is heartb...

Devalue the worth or the emotion it will, psychological worth of their house to match what it really is. >> yeah, thats çright. this is good news for people looking to buy but its terrible news for a lot of folks who own homes. zillow the real estate website has numbers saying 27% of it americans with a mortgage are underwater. that means they owe more than their home is worth. theyre trapped. they cant sell. its going to be difficult to refinance. if they get a job in another city, they have ...

Most famous for his depictions of dancers. in world war ii during intense fighting in normandy, an art museum was destroyed. when it was rebuilt after the war, the occasion was marked by lending a paint from its collection. but in 1973, it was stolen. then last october 37 years after its disappearance, the painting was spotted in a catalog for the auction house. estimated value $350,000 to $450,000 >> art person in france noticed the painting was being sold and call called. >> the obscure number...