Morning. Good morning, america. Happy friday. Got to take another look at that video right there. This whole town comes together. Look at all those musicians out there all to get the foo fighters to their town. Well tell you if it worked in a little while. The foo fighters ha heard. They practiced for a year for this. Come on, foo fighters. Come on. Well have much more on that in just a bit. First we have new developments this morning in that missing plane mystery. The wing that washed ashore now being moved for forensic investigation and its offering new clues about what might have happened. To that doomed plane. Was someone trying to land it . Might be getting close to unraveling that mystery. The extreme weather. Heat and misery from coast to coast and ginger starts us off. The hottest and driest day theyve had this week in the Pacific Northwest. There are heat advisories, even excessive heat warnings for portland, oregon and fire watches from montana to northern california. We coul
Wait till you see how their heroes are responding this morning. Good morning america. Happy friday. Got to take another look at that video right there. This whole town comes together. Look at all those musicians out there all to get the foo fighters to their town. Well tell you if it worked in a little while. The foo fighters ha heard. They practiced for a year for this. Come on foo fighters. Come on. Well have much more on that in just a bit. First we have new developments this morning in that missing plane mystery. The wing that washed ashore now being moved for forensic investigation and its offering new clues about what might have happened. Was someone trying to land it. Might be getting close to unraveling that. The extreme weather. Heat and misery from coast to coast and ginger starts us off. The hottest and driest day theyve had this week in the Pacific Northwest. There are heat advisories even excessive heat warnings for Portland Oregon and fire watches from montana to northern
Senior Vice President , auction. Com, steve moore, Heritage Foundation and vera gibbons who blogs for zillow. I want to start with you, vera. We have 10 million americans underwater. , they owe more than their house is worth. This is six years after the housing bust. How is this impacting the Housing Market . Number is coming down so thats a good thing. Zillow expects number of unwater homeowners to drop to 1 in First Quarter of 2015. That is problematic. If youre underwater you cant do anything. Youre stuck between a rock and a hard place. If youre stuck where you are you can not trade up and buyers cant get in. You cant make a way for those firsttime buyers. There also stuck between a rock and a hard place. Gerri rick, i understand folks having hardest problem, people underwater at most the people at bottom of the market. Moveup houses where firsttime homebuyers would probably make a bid. What is that doing to housing . Oh, it is tremendous headwind for housing, gerri. As vera just s