Smooth Leveling Out News Today : Breaking News, Live Updates & Top Stories | Vimarsana

by that, they mean temperatures of 90 degrees or more. let's get the read from mark meredith at the white house. you might recall that mark was whining about this just yesterday. on double duty now. how are you holding up, my friend? >> reporter: says the man in the air-conditioned studio. neil: i'm going to turn the thermostat down a little more. [laughter] >> reporter: unbelievable. good morning from a very steamy white house. 88 degrees, we're expecting the high to be 97. we also expect the president to stay in the white house isolating. white house says we should be getting an up...

>> we don't have same bubble as 2008 because the speculation is not for the end user. the only speculation we've truly seen has been institutional investors that are buying the large portfolio rental properties. that's the area where i suspect there could be a deeper correction. they're buying with different kinds of money and financing. the real home buyer that has bought and bought higher than they would have liked at this moment, they can still afford what they bought because underwriting standards are so strong and so ironclad. so they actually can afford their homes, and those who had got...