Page 5 - Housing Mark News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The list. oil drillers. they are recommending investments there. shares of deepwater drillers have plunged along with the crisis in the gulf, but lon term the demand is still high and you could get into the market relatively cheap and they're saying there could be some real payoff not too long. there are risks, what it a currently unknown act of negligence comes to light. next, housing mark, another big piece of our economic crisis. interesting. they are recommending rental properties because the foreclosure crisis has left prices down but rent has held up consistently better. you won't make a...

Host of "your money." joining us from new york. christine, always a pleasure to see you. we know the president is going to be in wisconsin today, doing kind of a town hall, talking about the economy. given what we're seeing with the stock market today, what is one of those topics he's probably going to be talking about? >> well, you know, look, i mean, you've got the stock market, not necessarily rolling today. but that's good. that's a good thing, because it's down about 5%, 4 or 5% over the past few days. so it's been a rough go this week. look, we've got a good gauge of the housing mark. ho...

It is an asset many people are counting on to help them sell one day to get through retirement. everyone cares what happens to your house. some economists are saying that the recent -- reese end information has shown that after perking up earlier this year and showing signs of stabilizing, the housing mark set weak. one economist telling me there is no doubt there is a double dip in store for the housing market ming prices and activity could decline again. why? well, couple of big reports weigh this out. number one reason is unemployment. you have 7 million, 8 million fewer people working righ...

Before. this comes after sharp increases in the previous couple of weeks. and some good news as well from the housing mark. the national association of realtors reports that sales of existing -- easy for you to say. sales of existing homes surged last month up 6.% to the highest level since december. analysts attributing much of that increase to government tax incentives which have buyers rushing to sign contracts before the deadline, which is, by the way, a week from tomorrow. fox news spoke with one young couple planning to close on their first home next week. they tell us the entire process...

Example. car sales roared in may. chrysler alone up 30% as consumers caught up on purchases they delayed during the recession. >> we are seeing some pockets of the country where demand is definitely picking up in the housing mark. we saw gains in consumer spending in april. there is enough income growth for consumers to continue spending, and then businesses are very profitable. they are continuing to invest. >> now some economy efforts are looking to the federal reserve for some additional juice for the economy. they say today's jobs report gives the fed more reason to launch additional stimu...