" The -- market led us into the recession now the National Association of Realtors says things are looking up for home sales -- young chief economist for the National Association of Realtors talked to WCBS right after releasing the new national housing and economic forecast."

" Well we have upgraded the housing market outlook because of the tax credit extension for the first time buyers. But more importantly. Tax credit now available for removal fighters detour on existing homeowners. And that will provide a significant measurable boost to the home sales."

" And -- begin to reduce inventory and stabilize home values."

" He says the tax credit has been a real boost for the housing market."

" We have chain that buyers respond to the tax credit entering the market and uplift the momentum will continue to bill. Going into next few would you text credit expansion and and hence we will arsenal became -- the to -- the economy -- more durable peace despite a warning consumers need to keep them aren't. They will within budget and make sure to have the necessary financial resources. And personal responsibility to become a homeowner additional adjustable -- only going to the market. If they are on prepare emotionally or financially."

" And that is 411 the news you choose every day WCBS 880 dot com sponsored by London jeweler."