Data released this week show a complex housing market with bidding wars in some Silicon Valley neighborhoods, and slow sales in much of the rest of the Bay Area. Nationally, foreclosures are down, mortgage rates remain at historic lows and President Obama just announced a plan to help struggling homeowners refinance. We take the temperature of the housing market, and look into the president's housing proposal.
Federal Housing Relief?
Christopher Thornberg, founding partner of Beacon Economics, an independent economic research and consulting firm headquartered in Los Angeles
Carolyn Said, staff writer covering economics and real estate for the San Francisco Chronicle
Jim Wilcox, professor in the Haas School of Business at UC Berkeley