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Down. i want to point all sides of the issue, it is important to know that a lot shadow inventory has not been released and that does include florida. >>neil: have we hit sort of a price point where you talk about the uptick from a year ago, or a month ago, but a lot of the properties, now, are selling for 40 percent or 50 percent off what they were before the whole bubble burst, right? >>guest: it is important to note that a reason we are seeing this upward trend is because of employment. emplo...

you might think that hispanics are the fastest growing immigrant group in the country but youd be wrong. a new pew studies shows that asians have surpassed them. 31% for hispanics. 10 years ago asians made up 19% of new immigrants. the number has almost doubled in just a decade. let me bring in deborah faye err rick. a lot of people are talking in our morning meeting about what this means politically, what it means economically. asian immigration way up. it still only makes up 5% of th...

candidates arent telling you about what is and what is not within their power to change. but first, ill tell you about a storm thats raging in the distance. its headed to our shores. its an economic storm. it hasnt hit yet. were starting to feel the outer bands of it. those who watch me every week know, im generally an optimist. but i understand the u.s. economy. the u.s. economy is driven about it confidence of its citizens. the customer in this case is the american consumer and is al...

right. they think things are slowing down, it will welcome self-fulfilling because theyll stop spending. businesses stop hiring. and the economy could grind to a halt. let me tell what you im talking about. heres got news. we had 20 straight months of job growth in the united states. the pace of that growth is slowing. the last five months, there have been fewer jobs created each month than were created than in the month before. but jobs are being created, not lost. so that should make...

Hit. >> the rent is too damn high. >> it is. andrea mitchell, you have a question. go ahead. >> im wondering why with so many things going in favor of it, and obviously the low interest rates, why do you think new home sales have dipped? and what are your expectations going forward? is there anything you can do to try to spur more new home sales? >> well, existing home sales, which are really the critical -- far and away the largest piece of the market have been the best theyve been in five year...

Which has been the argument for some time. >> people have been in their houses two or three years without paying anything. it could take three years to get somebody booted out. had not, i dont know anyone who stops paying their mortgage and all of the sudden calls the bank and says listen, im going to start paying again. its tough. weve got almost 10 million homes in shadow inventory, the banks dont want the house, if they could work out -- work out a deal, they would, but the thing is all the p...

economic message. >> he said he was the candidate of change, but you still have 25 million people out of work. you still have almost 10% unemployment here in florida. you still have home values down and continuing to go down. you still have record number of foreclosures in florida. you still have median incomes suffering, middle income families suffering. >> florida is an epicenter of the housing crisis that put us into the great recession of 2008 and 2009. cnn senior political analyst...

you still have almost 10% unemployment here in florida. you still have home values down and continuing to go down. you still have record number of foreclosures in florida. you still have median incomes suffering, middle income families suffering. >> florida is an epicenter of the housing crisis that put us into the great recession of 2008 and 2009. cnn senior political analyst david gergen joins us from jacksonville. david, mitt romney is not only focused on president obama, hes got ne...

And no nationwide crash come nothing housing and they are relying on faulty data and not taking in the home equity lines of credit. and the shadow inventory is underitated by the 50 percent . there are still certain markets that are rebounding and some are dead wood right now . you will not go near it. >> and emac brings up a great point. banks dont want to talk about it because it makes them look worse than they are. there is a huge shadow inventory to clear out. >> they need more money and it ...