well, he might be on his way out, but no less than the president of the united states is stopping by hishow time. part of that targeted tour was the president plans to talk up not only jay but more housing aid. a real estate expert. the very first one. save the laughs for leno because the housing rebound is no joke. he is in town promoting small buness. >> it depends on where you are. seeing their real-estate up in los angeles, up 30%. pockets were is decimated. neil: now were passed the stage for we have to worry about ooding inventory. that was the idea of reworking mortgages because it ll get pushed out of houses. all the depressed properties in the market. >> people want to live there is a shortage. seven years ago everyone stops. there was no buiing..3 now people getting back in the game. we are seeing price atn all-time high. many of these top cities around the country. there is still room to grow. id development in chicago. you know, especially in the rental market we are seeing vacancies an all-time low. rents are at an all-time high. neil: that is the underlying real estate market