the kay schiller index lags a couple of months. that was before when everything took a dip in the summer in august. remember those are closings that took place in may, june and july. that's the way it works. which means some of those closings were actually initiated even in like april, may, june. the question is what's the next kay schiller index look like and the one after that? i'm a little disheartened. >> ifill: a little pessimistic about that. howard, let's look at that map again about unemployment because different regions of the country have a different problem with the unemployment crisis. let's look at the southeast. what is going on there with all those brown states down in the southeast? >> as i said before in florida the problem is housing. to some extent that spills over into georgia, but there are other problems. manufacturing, which has been a bright spot over the last year-and-a-half in places further to the north, hasn't recovered quite as quickly in the carolinas and in georgia. in part because those places didn't

latest report from s&p and kay schiller shows across the 20 biggest markets, prices were up about .4%n july from june. however, when you look at a year-over-year basis, they continue to sink down about 4% across the top 20 markets. as far as the bay area goes, we saw a bigger drop from a year earlier down 5.6%. the monthly gain was .3% lower than the month before. >>> a lot of confusion yesterday regarding apple and the ipad. an analyst with jpmorgan chase says he saw a lot less ipad demand from apple to its suppliers in asia. that's a big deal. apple rules the tablet market and is expected to sell 10 to 12 million ipads in the 4th quarter. another analyst at jpmorgan chase refuted that report saying that was a check from his asian colleagues and that his look at apple shows that its demand for the 4th quarter looks good that if anything apple may have produced more ipads in the 3rd quarter to be sure of availability for the holidays. optimism around the world. europe is figuring out a solution for the greek debt drama whether it will be bailed out. global markets rose and reflect on