Detailed text transcripts for TV channel - FOXNEWS - 20140604:19:47:00
These are new record lows. so you would expect this market a lot stronger but there are a number of things holding it back. first, prices are up. it's become more expensive. prices for the average home are up 20% justin last two years. why are they up? not because a market that's on fire that you see all this euphoria, they are up because of a limited amount of supply. so we got limited finite amount of land and amount of homes that they are still work through. that's the only thing that's been pushing prices up. not necessarily this fantastic demand. second thing is, obviously, it has gotten ...