announcer: this is abc. kristen: hi there. you are watching getting answers, live on abc seven. the ask express your questions everyday at 3:00 to get answers in real-time. with fears of recession and higher mortgage rates, will real estate plunge given how overinflated prices have been here? what does this mean? we talk with an economist from moody's. nasa scrapped today's launch of the artemis moon rocket. but it's engine trouble really means. will it go later in the week? why is this important? an astronomer from the show bose space and science center will be with us. will he, won't he?

will governor newsom sign a bill passed by the legislature that would limit when police can stop and ticket jaywalkers? joining us live is the author of the freedom to walk act, assembly member phil ting. >> thanks for having me. kristen: if signed to law, what would this bill do? >> this is our second year in a row carrying this bill. what it would do is ensure pedestrians can cross the street fairly without fear. unless it is a very dangerous situation, they can cross in the middle of the street without being fearful of getting a citation. we want more people to walk. the -- to walking is -- kristen: this is your second year, how is this different from the last? >> the last version we struck out the law. we took it out of the law.

now, the bill says you still technically can't cross the middle of the street, but officers can only cite you if there is immediate hazard. basically a dangerous situation. kristen: the circumstances when an officer made -- might handout a ticket. why is this important? >> it is important because we are having -- greenhouse gases. we want more people to walk and bike. unfortunately we see this lobbying unfairly enforced in certain communities where there is a lack of pedestrian infrastructure, a lack of sidewalks and bridges to cross the street. we see african-americans getting jaywalking tickets four to five times more often. the city of beverly hills gave about 200 jaywalking tickets last year. almost all of them were african-americans. kristen: how about san francisco?

>> san francisco, what we did see is an uptick in certain neighborhoods, more of the southeast part of town. close to downtown, there's so many jaywalkers in downtown but what you do not see his heavy law enforcement downtown. you see it outside. kristen: you are talking about which neighborhoods? are they correlated? >> there was a student who did a study primarily looking at the southeast neighborhood with lack of pedestrian infrastructure as well as increase in jaywalking citations. it was correlated because there were not sidewalks or crosswalks , regular places we note across the street. kristen: couldn't this issue be resolved and made more fair and still safe by better training? antivirus in law enforcement? or just more crosswalks? things the city can invest in.

>> we absolutely want to have more pedestrian infrastructure. which is why we have invested at the state level. we want to do all of the above. we want to make sure that law enforcement, laws are being enforced when it makes sense. at the same time, we are doing everything possible to incentivize more pedestrian infrastructure. that means more crosswalks, bike lanes, making sure it is easier and well marked for people to cross the street. kristen: any worries on your part? this was cited by governor newsom last time, pedestrian safety being somehow less safe if people knew that police were generally not going to ticket people unless there was imminent danger. but sometimes, dangerous situations arise where you do not think there is imminent danger. >> we listened to data from the

governor's office. they cited stats that most accidents were actually caused by pedestrians rather than by vehicles. we can all see in san francisco and many places is that speed kills. the faster our vehicles, the more dangerous. we want to make sure that pedestrians are protected. we didn't want to have frivolous citations or nuisance citations and that the streets were safe. kristen: in terms of citations, how much do they cost? >> citations can run hundreds of dollars. if you are a working family living paycheck-to-paycheck, if you have a paycheck of only a few hundred dollars, that is a hit on your pocketbook that can create a drastic situation. one of the witness who ended up testifying is a homeless individual in northern

california. he talks about how he often gets cited for crossing the street just to get to the park where he cap spared -- he can't. we want to make sure there is a safety nexus to the citations. we want to make sure -- [inaudible] -- severe violent crime and robberies. kristen: we might have lost assembly member phil ting. i do believe so. i want to summarize -- are you back? you are. >> sorry about that. my wi-fi is having issues. kristen: i am just wondering, one of the main factors is economic. why not introduce a bill

lowering the citation cost or the fine? it is up to $250 right now, you could make it $50 so it is still on the books that people should not jaywalking, but it is not as much of a hardship. >> i have a separate piece of legislation around tolls doing this -- doing just that. we will also make it more racially equitable. we want to limit frivolous citations. we see that sometimes these interactions for a simple jaywalking ticket can escalate and sometimes people even die because of that interaction. we want to make sure the citations are actually written when there is a real safety hazard happening. and we wanted to make sure it was more equitable. kristen: who would define what is an actual safety hazard that

warrants a ticket? >> it was not our preference to do this, but after discussions with the governor's office, it is what they wanted to have. it would -- the law enforcement official. kristen: if governor newsom does veto this, do you have a plan b? >> no. the great hope is that we work very hard with his administration. our hope is that he will sign this legislation and we think it is a great first step to -- pedestrians kristen: assembly member phil ting, thank you for joining us to talk about your bill and we will see if governor newsom signs it. it would severely limit the situations in which an officer might give someone a ticket. >> thanks so much. kristen: we will be back with an economist from moody's analytics

to talk about a shift in the bay area housing market and how much

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♪ ah, da, da, da, da da, da, ah, ah ♪ kristen: welcome back. the bay area estate market has been hot, but is it finally about to cool off? due to fears of recession and the higher cost of borrowing, are the tables about to turn? joining us live to look at the numbers is krista regis -- thanks for joining us. >> it is a pleasure. kristen: during the pandemic, bay area housing prices went up. is that changing? >> it is. they didn't go up quite as fast as some other parts of the country like boise, idaho.

now that interest rates are rising in their spheres of recession, you see prices softening across the country and the bay area is no exception. kristen: how long has the softening been happening? >> it is fairly recent that we have seen things slide. it is tied to the increase in interest rates that started this year. that is when we started to see prices coming in. i should say, they are still growing, but we do expect them to continue to come in and report negatives early in the following year, 2023. kristen: how overvalued were homes here? can you give examples? >> san francisco overall looks good. 10% overvalued. that is comparing the price of homes to income. looking at the growth rates of both of those overtime. for the broader san francisco metro, not too bad.

for some context, the u.s. is about 25% overvalued by our calculations. it does vary quite a bit. oakland be calculated as 40% overvalued. house prices went up there, far outpacing oakland. we have other areas that are more balanced. san jose looks more balanced in the sense that prices went up, but so did income. there's quite a bit of variation. kristen: what if you go further out from the bay? valeo or santa cruz? >> and then you approach something close to the national average. not terribly overvalued, compared to the u.s. obviously, still overvalued by about 25%, but not nearly what we are seeing in other western metros like boise or austin or

phoenix. kristen: what happens in a market overtime if it stays overvalued? >> great question. you would expect it to correct at some point. what goes up can't stay up forever. i think that is what we are seeing. a lot of the increase in prices were driven by ultralow interest rates. that is the only reason why a number of homebuyers were able to get into their houses in the first place. now that mortgage rates are closer to 5.5%, that is shrinking the market. it is not affordable for many people. lack of demand is going to lead to declines in prices going forward. we just don't have as many people bidding. kristen: one more thing before we move into what this means for buyers and parklet. -- i wonder if the uncertainty of people coming back to the office, how does that play in? >> there's a lot of uncertainty.

especially in san francisco where so many people left. given remote work and fears of the pandemic and a lot of uncertainty whether their offices would be opening a get in the future. we are starting to get some sense that maybe some companies will be coming back, but it is uncertain. especially after labor day i think we will get a better sense of what actually happens and who is actually reopening and who is dozing. that shoe is closing. i would expect volatility here. expect things moving in and out and not having a clear picture for a while intel things settle down -- until things settle down. which companies are going full remote and which are going more hybrid. there's going to be a lot of volatility in terms of supply and demand. kristen: when the market does cool, what things to be see? no more multiple offers? buyers not having to pay

$100,000 over asking? what are we seeing? >> we hope that is the case. it really should be. the market over the last couple of years really did get a bit frosty -- frothy multiple bids come awaiting contingencies, no inspections, all of those things. those things should be going by the wayside as buyers have more control of the market than they did when everybody was competing aggressively. i think we will see some cooling of the markets. i think that is healthy. markets work a little bit better when everyone is operating with a level head. but i do not expect things are going to crash. or that we will see the type of collapse we did in 2008. kristen: we are not seeing signs of that kind of plunge? >> that is right. you've got two things going on. you have a lot more

demographically driven demand. millennials in their early 30's looking to start families and purchase homes. a barrier that remains very attractive. people do want to move there if they can afford. prices go down a bit and we see people continuing to move-in. at the same time perhaps more importantly, we don't have all the crazy mortgages we did back in 2008. we should not have people forced to sell. we should not have the foreclosures we saw that depressed prices in a short period. kristen: how could you make the best of the situation and take advantage if you are the buyer versus if you are the sellers? >> if you are the buyer and you have the wherewithal to manage these higher rates, if you have savings you have been able to manage and if the higher interest rates still give you a mortgage payment that is affordable to you, i expect this to be a more favorable time. get your shopping list out. keep an eye out on the various

properties out there. recognize that you have more leverage. you don't have to give away the farm to get into a house the way you did maybe just a few months ago. you can take your time to some extent and identify a property that works best for you. i think you should be thinking about this long-term. a key point here is that there is a lot of volatility in the market and you have to pay particular attention to that. if you are a seller, do not expect you can list your house on thursday and have multiple offers by sunday. it is not going to be that way anymore. because of the reduction in demand. set your expectations realistically in terms of price and time to sell. it may take a lot longer than it did a few months ago. kristen: maybe invest in a little more curb appeal. cris deritis, thank you for your insight.

>> thank you. kristen: up, technical troubles scrubbed today's launch of artemis 1. we talk to an astronomer to discuss why. i'm jonathan lawson here to tell you about life insurance through the colonial penn program. if you're age 50 to 85, and looking to buy life insurance on a fixed budget, remember the three ps. the three what? the three ps? what are the three ps? the three ps of life insurance on a fixed budget are price, price, and price. a price you can afford, a price that can't increase, and a price that fits your budget. i'm 54 and was a smoker, but quit. what's my price? you can get coverage for $9.95 a month. i'm 65, retired, and take medications. what's my price? also $9.95 a month. i just turned 80 and i'm on a fixed income.

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kristen: it was an ardent miss. nasa delayed the launch of artemis 1, the first step to returning humans to the moon after half a century. joining us is an astronomer from chabot space center, then burress. >> how are you doing? kristen: great. i will bet it is quite disappointing for you, right? i know you guys usually have viewing parties for things like this. >> yes. we had people here at 3:00 or 4:00 in the morning waiting. it was still a good party. kristen: that is good. i hope food was still consumed. what happened? why did nasa have to scrap

today? >> there were a few things. the main problem was an issue with the engine. not the self, but the system that cools the engine before launch. they want to have an optimal temperature window. one of them was not cooling within a two hour window they had. that was probably the main reason, so they could have a chance to see what was going on. in any launch if you want to wait -- in any launch, you want to wait for whatever is ready. this is the most powerful rocket anyone has ever launched. it has an important mission during the unmanned lion capsule. that is the first step in returning people to the moon.

kristen: so, let's talk about how unusual it is to have this kind of problem with the engine. is this actually rather typical? >> i would say, for having waited -- it is not that uncommon. we just want to be absolutely sure everything is going to go right. especially when the stakes are so high. a lot of money goes into this. if we waited a few days or even a few weeks -- that is what they do. kristen: i hope the next -- i know the next window is friday and folks come back. tell us more about the mission. this was going to go unmanned, but the end game is to return astronauts to the moon. why now?

>> why return to the moon now? it has been a long time since we were there. for years, nasa has had an eye on returning people farther and to space than lower in orbit. -- back to the moon. in the longer run [indiscernible] [indiscernible]-- to be able to do any of that, we need people who are experienced. we need to make sure the technology if we have to keep the astronauts healthy and alive and to their destinations and home again all work really well. there's a lot of testing that needs to be done. just like in the original apollo missions that were preceded by mercury and gemini, which were all tests to learn how to fly people to space.

so, there's still a lot of learning to do because we have never gotten -- and we have never gone to the moon where they want to land. so, it will be a different environment. [indiscernible] actually returning human presence to the moon for more than just a few hours -- having an ongoing presence where astronauts can actually explore and work on the moon's surface for weeks, if not months, if not ultimately establish -- [indiscernible] kristen: imagine that. it wouldn't just be one small step, we would stay a pile -- stay a while. if it does go, these test flights are successful, one could humans actually go up as part of the artemis program? >> the plan is artemis 3.

that mission is scheduled to land people on the moon sometime in 2025. artemis 2 will launch in 2024. that will carry human astronauts to the moon, then back to earth. we won't land that time. but, two years, 2025, not that far away especially when you are talking about seeing people walk on the moon. that is the plan right now. first to the moon and back with people on board, then excursions to the surface in 2025. kristen: i think for a it seemed like people had sort of lost interest. i do not know if that is the right way to put it but it became something on the back burner. why do you think now it is on the front burner? >> i think it has been a desire for a long time.

there has been a lot of robotic exploration of our solar system and beyond and robots to a fantastic job going to places we can operate. there is a lot of emphasis on exploring distant planets. [indiscernible] kristen: the technology is there. hopefully this will happen friday. we shall see. then burress from chabot space & center. thank you so much. >> thank you.

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kristen: think you so much for

joining us on this interactive show. we will be here every weekday at 3:00. answering your questions. tonight, the threat of severe storms as we come on the air. millions in the path of these storms tonight. and the war in ukraine tonight. what president zelenskyy has now declared to the ukrainian people. the major counteroffensive under way tonight. first, the storms, powerful winds already topping 80 miles an hour. hail, the possibility of straight-line winds. already knocking out power to thousands. the system slamming chicago and much of the midwest. another round coming tonight and the whole system moving into the northeast tomorrow. ginger zee standing by to time this out. the deadly shooting inside d of a hero worker