hi, everyone, welcome to on the money. >> when it comes to real estate, should you buy or rent? what gives you more bang for the buck. >> women still make less than women for the same work. why a lawsuit could make a difference. the sound of money. if you like the starving artist, there is a new way to do it. they can save you big bucks. on the money starts now. >> this is on the money. your money, your life. your future. now becky quinn. >> here's a look at what's making news as we head into a

new week on the money. the size and strength in the final quarter of the year was unchanged. it showed the gross domestic product grew 2.2%. corporate profits fell, but consumer spending was strong. it was a wild week. the dow fell nearly 300 points and the nasdaq by 2%. it all came on disappointing economic news and the weakening dollar. the markets were mixed. a disappointing sign. durable goods order sold by 1.4%, well below expectations. they are long lasting manufactured items like washing machines and refrigerators and calculating the gross domestic products. imagine cheesy ketchup. it may not be what kraft and heinz had in mind when they merge and became the fifth largest food and beverage company. it was funded by 3g capital and

by berkshire hathaway. sales of existing homes fell over january according tn of re. websites and real estate data firms like zillow make housing stats that used to be closely held. things like sale prices for every home. it's online to everyone. stan humphries is the chief economist and the new rules of real estate. thank you very much for being here today. ist a buyer's or seller's market. >> it's still a seller's market and we think it will be a good selling season, but the negotiating power is moving towards buyers. >> can you get extras or knock off the price? >> i think that if you are a buyer, what is attractive is rates are still low and more inventory than the past few years and there is because you have more inventory and prices

are slowing down, sellers don't have the power they did before. it is still broadly a seller's market meaning $ less than there has been four years ago. power is starting to come back towards the buyers. >> for most people buying is the biggest investment that they will make. people are nervous after seeing what happened with the crash in the prices that they thought would go up forever. is it a wise decision to buy a home? >> it comes down to how long you are going to be in the house. i think back in 2007 everyone always thought the decision s buy a house. depreciation was so high, people didn't think about it. you should think closely about whether you should buy or rent according to how long you are going to be in the house. everyone understands if you are going to be there 20 years, buy a house. if you are going to be there for six months, rent it. >> when do the two lines cross?

because mortgage rates are so low, you don't have to be there long to make the decision. the national average is 2.3 years. usually it's four or five years. if you were to sea i'm going to buy somewhere in the u.s., you will be there more than 2.3 years, buy the house. that masks a lot of variation. if you are in miami or detroit, that number is closer to a year. if you are going to stay overnight in detroit, think about buying a house. in manhattan, it's five to seven years. >> it used to be difficult to buy a house. you had to go through a realtor. they had the listings and they knew about comparable prices. technology like zillow has changed things. i admit i go on frequently to see how my neighbors are doing and the varying towns around us might be going for. how has that changed the process? >> 90% of consumers start home

shopping online. they find consumers are more educated. >> how accurate is the information? sometimes the numbers look way off. >> the home facts are coming are as up to date as anyone. else has. in terms of home prices, they come in anywhere from three days to three weeks, depending on which part of the country and how the county tax assessor and recorder has the information. that's a starting point. it's something to get the conversation started and a good neutral estimate, but we encourage people as you proceed down in the process to get that opinion refined by real estate professionals whether it's agents or appraisers. >> what are the rules of real estate. can i update my bathroom or kitchen, which should i choose? what is more valuable? are. >> wisdom said the kitchen, but we found out it's the bathroom.

every year i read about the home improvement and kitchen is at the top of the list. we took homes that have been claimed by owners and they tell us over the last seven years what they did to the house and we looked at what the house on the open market went to and we found the best improvement you can do is talled a mid-range bathroom update. >> you can renovate a bathroom cheaper. >> much cheaper than a kitchen. when we talked to contractors and others, often times when you want in the kitchen is very specific. the buyer for your home may not like the color of the back splash or what you pick. >> in terms of millennials, that's part of the problem. they haven't been buying homes ear as expected? are they going to buy homes? >> we think they haven't changed what they want. they are getting married later.

that's a long-term change meaning we don't expect it to go back to how it was. we think people are getting married and having kids later. those are two big events that lead you to buy homes. since they are buying homes later, there is a cyclical issue around the same time they were entering the phase. that was the economic recession. their incomes were hit very hard during the rec has been slow. most home buyers will be millennials and not gen-xors. >> thank you very much for your time. >> thank you, becky. >> up next, we are on the money. is the class ceiling more like cement. climbing the corporate ladder in silicon valley. fan clubs in the digital edge. the starving artist deelementsa. take a look at how the stock market ended

>> venture capital as well as twitter and facebook has been slapped with gender bias lawsuit. putting the workplace under the microscope, but the issue is this. th question is, whether women are making progress on the issue of workplace equality. joining us is "vanity fair's" bethany maclane. >> thank you for having me. >> i wonder what you think the impact is with the equality in corporate america. are they reexaming their own results? >> there might be a reexamination, but i'm not sure how much good it does. i'm skeptical, but the discrimination that happens today is a much more covert

insidious kind. one that they don't realize. that makes it much harder for a corporate policy to address it. the woman said something and nobody hears her and the man next it her says it and everybody thinks that's brilliant. >> that are raises a lot of questions about not only what companies are doing as a result, but how women can prove situation lgs like this. it's a grayer area. >> in the grayness is a real problem. i'm not sure you want policies and procedures that fix gray areas. another woman said to me when i asked her about the question, she said i guess there is a reason and they haven't done much. i don't think we get anywhere until people a willing to look in the mirror and address their biases. >> we know equality for women is

not just a problem with technology. there is a broader situation when it comes to equal pay. women are still paid about 77% what men are wade. when you look at nursing, nine out of 10 are women and women earn higher salaries there too. i wonder what you think is happening and how we can better address this. >> the problem overall is the number is camouflaged and it's the thing people don't want to talk about. fewer hours worked. let's call it perfect company. it has no -- people have no biases and everything is transparent and perfect. if one person is working 100 hours a week and one person working 50, how do you make the reward equal? >> when you get to the issue of taking time off for kids, it may

be a situation where you cut the number of hours to 20 hours a week or take three or six months off and come back into the workforce and it's tough it to say once they are back in the workforce, women say i am working equally hard and i'm working from home constantly. it's a situation that i'm not sure how to get your arms around it. >>. >> did i hear one hopeful thing. to me, a law firm is the ultimate embodiment of this relationship between hours worked and profit. lawyers are paid by the hour. it's a hard flies keep women who have had children on an equal track with men. someone said and i thought this was inten are leaving and takin inhouse roles and becoming general counsels because the hours are more management and the lifestyle more controllable. they are actually hiring outside

lawyers and they are saying i want a woman on my team. >> you have written about the technology and you did a profile. one of the things we noticed when it comes to technology, people are paying more attention to it, but women in 1991 held about 37% and today it's closer to 56%. how do you fix that particular issue? >> i think that one is another really good thing. the "new york times" about a great piece and the promises of equality and the brand-new field and now a chance where women could succeed and it looked at how women had gone on to be founders and entrepreneurs versus the men in their class and requested that question, why is that? even across executive ranks at s are shocking.panies, the

some good chunk is that it's not a pleasant work environment for women r the reasons we were talking about. it's very analogous to the nursing study that you look at it and say there is a problem here. >> it's always a pressure. appreciate your time today. >> thanks. you too. >> we are on the money. how to make monoline by harnessing the power of your fans. >> tax rules that are changing this

this is a popular music group. so frustrated with creating content and getting very little money in return, he launched his own start up. it's called pate ryon and refers and allows fans to give their favorite artists online some money. joining us to explain are the cofounders. thank you both for being here. >> let's start with you. you had a group and you were putting music online and you weren't getting much back. what got to you this position and mad a wrt bay to fix this? >> it's the frustration of having hundreds of thousands of users and feeling like we had

this community around our work. they were leaving comments. they are real people. at theent of the month, we get a check for a couple hundred dollars. that feels so wrong. it was that feeling that led to this. i spent three months working on a music video and got a half million view and got a check in the mail for $100 and that's not how this works. i'm not going to let that happen. >> i can understand that frustration entirely. how does the compa make money is this a donation or investment? >> artists get funding from their fans. patrons are donating and it's mostly about the ind masy and interaction with artists. >> how much do they keep of this? >> we work and operate on a 5% cut similar to other kick

starters. >> i know you are growing quickly. you are delivering t million a month? >> we are sending them collectively around the world up from $1 million a month we announced a few months ago. patronage is a classic thing, but how every great piece of art that we know what made. it was made through that. i'm excited to see it's returning as swiftly as it went away. >> it used to be a few wealthy people who were patrons and that was part of the whole thing. they got the prestige of having that. how were you able to convince people like 250 thousand people to give money anonymously. >> it's not our job to convince the people. >> it's the creators that told the story that i told. i am making stuff and know you

like it i know you are reading it. fans flock to the site and can't wait to support their artists. we see something that we love and that is beautiful and is worth our attention and focus. we want to support it. we want more of it. >> you mentioned the tip jar feature. how is your platform different? >> it's more about supporting in the ongoing way. it's about finding a way to get sustainable funding and where they don't have to think about building up a project for the funding. they don't have to create a movie for it. i want to thank you for being

here. the song is already stuck in my head. >> all right. yes. take care. >> up next, a look at the news for the week ahead. three weeks and counting. tax breaks that are going away after this year. they can save you money. we will have all that when we return

. >> per for more on the show, go to our website and follow us on twitter at on the money. here's more stories that may impact your money. we will be getting personal

income and spending on march. the reading on consumer confidence. watch out for prankster this is april fool's day. here's proof that is meaningless. guess what apple computer was founded on this date in 1976. an index for march and even though the markets are closed, the big number of the week. the neighbor lpt will be releasing the jobs report. there expiring tax deductions and credits you need to take advantage of now before they go away. here's sharon epier to talk about your money and your future and taxes and sharon, what are the deductions and credits that i may not know about, but i should. >> some that may go away at the end of 2014 tax year are what you may need to take advantage of now. one has been around for a little while, but choosing between taking a state income tax deduction or sales tax.

that's good for people who don't have state income tax fl and texas. what you want to do is figure out what you spend more mono. if you spend more on sales tax, you made a big research like a car or boat, you may want to take the sales tax deduction. another is if you have a kid in college you can still do that for the 2o 14 tax year. it only has been extended for that. the falified qualified expenses. if you have done energy home improvements, you could take a credit. >> what about the tax breaks that are overlooked. do people forget about them? >> they go through charitable of folks like to simplify. they get a deduction taken out of their paycheck. you need to see what you have

done and maybe you have traveled to some type of event. you can take off a portion of your mileage that could be deductible as well. you need to look at that. the saver's credit is another credit that a lot of folks miss, particularly low income workers. for contributing to a savings plan, get a savings of $1,000 or $2,000. another one that allows people to think about or not, the dependent care credit. we have kids and send them to day camp. you can get a credit for day camp. a lot of people don't realize that. they know they can deduct daycare and nanny, but you can get a credit for day camp if your kid is under 13. >> there other alternatives? >> what's new is the affordable care act and the tax considerations. if youn the form that said you have health insurance, you will be okay.

>> it's the most wonderful time of the year. >> it is. folks worry and see something like this where they didn't take the credit. they can a fend your return until 2011. if you do it by the tax deadline. >> for better be a lot of money. >> nobody wants to see the taxes. >> when you are done, you're done. >> it could save you money. >> thank you very much. that is the show for today. thank you for joining me. straight from the cows to you. unprocessed raw milk a good idea? we will get into that. we are on the money. a great and see you next week

>> i believe in the fairy tale. britney would love to get married again. hi everybody. welcome to "access hollywood". weekend edition. i'm shaun. britney make this is declaration in the pages of people where she was also photographed with her new boyfriend charlie after 6 mont months of dating they seem headed in the marriage direction but just one hitch in britney plans. >> i lost my best souvrments my also source. i can get you more. >> britney on the beach w.her boys. people cover girl blissfully intent with family romance with charlie but still not intr