Audio Archive
Banner Image
Get Adobe Flash Player to see this content.
+Automatically Generated Transcript (may not be 100% accurate)

" A telling CBS moral."

" There was some unexpected good news on the housing front today home sales rose to their highest levels in more than two years -- to rise eventually aired live now before 11 CBS news business reporter Alexis -- offer so how big a jump --"

" It's always that calling it a -- Home in the housing market right now. Home resales climbed nearly nine and a half percent in September. With the highest level in two years. To put it in perspective nationwide sales are up 24%. From their bottom in January -- let's not forget they're still down 23%. From their peak four years ago."

" Why -- sale also brisk."

" The three things really fueling -- a bargain priced foreclosures still flooding the market we have low mortgage rates at near record -- the fact. And 8000 dollar tax credit for first time home buyers a lot of folks rushed to close the deal before that tax credit expires November 30."

" You have -- first time out. Homeowner tax credit what a nice thing the governments giving money away to four year old kids."

" It -- not that this -- yeah. This under the heading you can't make this stuff topped there was a loophole in -- Todd reporting criteria over 500 people signed up as they -- street children. And in one instance a four year old a four year old was granted the 8000 dollar tax credit. "

" Think this trend up or trends and continue."

" I think housing market probably touched bottom and we'll see prices get a little further to only a matter of time -- stabilized maybe even this time next year. I think the biggest obstacle to a sustained housing recovery is rising unemployment."

" Title extra suffers nothing gets home prices to rise again after trying to sell your house."

Related Audio and Video

Gauging Support for Health Care Reform

Gauging Support for Health Care Reform

Talking with area democrats about the health care reform bill.

Audio|Fri, 12 Mar 2010|More from Interactive News Room
|eliot engelfound at0:54, 0:31

“…But congressman Eliot Engel who represents parts of the Bronx Westchester and Rockland is not at all happy about what he's seeing the. …”

“…Many say they will be voting yes one squarely behind healthcare reform. Central Jersey congressman frank alone. …”

Labor Department Releases the New Numbers

Labor Department Releases the New Numbers

Gus Foshay, Director of macro-economics at Moodyseconomy.com, says the news is okay.

Audio|Thu, 11 Mar 2010|More from Interactive News Room
|labor departmentfound at0:07, 0:26

“…Another drop in first time claims for unemployment benefits Labor Department now says the number of last week fell by 6000 now it's 462000. Test. O'Shea director of macroeconomics at Moody's economy dot …”

“…have very large numbers of people who are. Still beating unemployment and unemployment insurance benefits have been giving benefits surged for months now at this point. And -- seen it -- a labor market at least. Fewer …”

President Eeks Over Congress

President Eeks Over Congress

Craig Crawford from CQPolitics on the latest numbers on the approval ratings for the President and Congress

Audio|Wed, 10 Mar 2010|More from Interactive News Room
|crawfordfound at2:05, 0:21

“…Craig Crawford CQ politics dot com with a 411 the news you choose every day at WCBS 880 dot com. …”

“…job lawmakers are doing and for -- 411 we talked with Craig Crawford from CQ politics dot com. …”