>> for the phoenix house here and transfer over there to the phoenix house once i get out.will pick me up, and it's free. >> yeah. well -- >> you'd rather have me go to minnesota? >> yeah. you'll have so much more family support, and i think that's going to be absolutely critical to your recovery, son. >> but it's just going to be hard because like we talked about before with all my friends there and all my -- all my friends use pretty much. >> yeah, they do. >> except two people. >> yeah, they do. >> it's going to be pretty hard. you already know that. when i switched schools, it's pretty hard. out here i'll have a fresh start. >> it will be hard no matter where you go. >> it can go either way pretty much. don't want to be shoveling for five years or surfing for five years. i kind of would rather be the other way. >> but you can snowboard. >> i can go snowboard here. >> but i just think that the support is something that is crucial. >> that's true. i want to choose what's best for me when i get out of here. >> yes, whatever is -- >> so far everything has been going well fo

people are buying commodity housing as opposed to rental housing in places like phoenix and vegas where the housing markets were so damaged that the recoveries have been great and there is still opportunity. >> you work on an individual basis, mainly. you are helping individuals find homes. what do they want to? do they want all modern conveniences? do they look for something historical? are they looking for new build or do they want something that has tradition? >> i think it depends very much on the graphic of the purchaser. is hot now? >> what we have seen over the years which has been interesting is that there was a historical constituency that would only by old.- buy because the quality of construction in new york city is a much higher in the last 20 years many of those buyers who old 20nly i old -- buy years ago are now moving into new condominiums which now have the high ceilings and the higher-quality windows. have the higher square footage per >> what is it, about $1000 square foot? >> in your dreams. we're actually seeing for the ultra-luxury product, it can be anywhere from a

issues and i'm glad that lee and the other issues of the mayers out office of housing come to mixed use projects like 1950 phoenix high. i still call it this. i think this has come full circle and a positive win for affordable housing in our city. the hundred units of affordable and housing is very rare and hopefully the start of many other projects like this. employee housing and work force housing is incredible for this city and using to work with school district employees and school district on different projects is a good point whether custodian or maintenance workers or safety workers and other measures have looked at. this is a great opportunity to address how land is used in the best interest of not only neighborhoods like the mission, but also for employee housing as well. thank you so much to olson lee and for you for bringing this great proposal forward. >> thank you, very much, mr. roads, we do go to your budget analyst. did we? i'm forgetting already. it's been a long afternoon. >> yes, mr. chairman, on page 9 of our report. the appraisal determined the 2013-2014 parcel e considered the vacant land wo

housing stronger. we are far below on a national level. >> yes. on the other side of that number, you will see the west, which will be your phoenix, las vegas and californiausing starts. you will tie it back to jobs. also, you will tie it back to the housing bubble. that is the areas where you overbuilt. where you had this disruption of household net worth where you had a deterioration in not only the job market, but consumer sentiment. in those parts of the country, which are generally a large contributor to housing are not healthy, are not able to purchase houses in the manner that they should be. cheryl: a lot of investors have been. let the flipping begin. thank you very much. i hope to see that 1.1 million on housing start at one point. dennis: this state is climbing up the ladder. cheryl: making millions to spending billions. betting big on the cloud. we have an exclusive interview coming up. let's take a look at the energy markets. all you'll 94.53. we will be right back. ♪ welcome bac how is everything?? there's nothing like being your own boss! and customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. m

december of 2013, the city of phoenix declared it had become the first city to end chronic homelessness among veterans. by allocating an additional $100,000 in funds to housening 56 homeless veterans. now, while phoenix may have been the first city to complete its mission to end chronic homelessness for veterans, it is not the only city in america to take on this resolution. when we come back, we will speak with the mayor of another city that is working to do the very same thing. so you're telling me your mom has a mom cave? hi boys! i've made you campbell's chunky new england clam chowder. wow! this is incredible! i know. and now it has more clams! [ male announcer ] campbell's chunky soup. what? [ male announcer ] it fills you up right. >>> in march, 2005, utah approved something once thought impossible to achieve. utah approved a ten-year plan to end chronic homelessness and significantly reduce overall homelessness. that puts utah on the same timetable as the department of veterans affairs, which is aiming to end veteran homelessness by 2015 too. salt lake city is very close to joining phoenix, arizona, in ending chronic homelessness among its veterans

public housing, which is called the 2 a lot and the phoenix project started right then. >> we're looking at some images of some of your young men doing a variety of jobs through the phoenix project. i was happy to cover that story, too. >> yeah. it was so exciting, especially to see that phoenix project focuses on connecting them with all types of resources so they can get the proper skills so they can be employable. we provide all the types of services if they need their driver's license, if they need their -- just access to the meaningful resources available in marin county. we've been able to really help so many of them, and also many of them we're helping in school and helping them go to college in marin. just being a great advocate. >> you really are. jacari, you're nodding your head as she runs through this list of wonderful things. so you had a bit of a rough start to life. tell me a little bit about that. >> well, i zbgrou u grew up in california. i was in juvenile hall. i moved over to marin. i was on probation, i been on probation since i was 12, finally about to get off. >> an

phoenix, arizona. >> my daughters lived within two houses away.was stealing money or gambling until one day, seven police cars drove into my yard and took me away in handcuffs. that's how they found out. >> handcuffs? >> yeah. >> this is gambling for gambling's sake. and the aim is not to win a jackpot. >> she's not talking about most people who go to casinos. she's only taking about addicted gamblers. are you saying that they'd rather stay in the game than win the money? >> yeah, not only am i saying that, but i found instances where gamblers who won a jackpot then became irritated because it stopped the flow of play. >> researchers at the university of waterloo in canada measured how players respond physiologically while they gamble and showed that the new machines can make them think they're winning even when they're not. the gambler almost always gets some money back. if he puts in a dollar, he might get back 50¢. but the sounds and flickering lights trick his brain into thinking he came out ahead. the constant feeling of winning creates so mu

a woman named cindy phoenix was look at a house and while she was looking at it, there was this guy kindut landscaping and stuff like that. she feels, given hindsight now, the developer should have told her about this guy, who is a complete jerk. the reason i say he's a jerk is she alleges in her suit against the developer that this guy has made death threats to her sister, made racist comments, spit in the direction of the family, called the police, blairs loud music and takes pictures of her guests. >> not only that, they hire add security guard to answer this woman's complaints, just to watch over her. this guy staring down the security guard and then following the security guard for miles, so stalking him! it sounds like a much bigger issue than real estate. >> right. but who is at fault here? is it the people ho rented the apartment, sold the house? >> i would say it's the person causing all the trauma. >> get rid of that guy. >> he's the neighbor. he owns the house across the street. what do you do? >> i guess you tape everything he does, as soon as he breaks the law, you do it. i

and i see that excuse me, the site of the phoenix school is one, that would be a great place to be able to not just provide affordable housing, but to transform a part of san francisco that is experiencing a real crisis, and needs to go, and to have a transformation in another way, the investments that we can may for the affordable housing for families are going to make a huge difference and i hope that you can support that effort. lastly, i do think that the teachers' union and the concern about making sure that we have a real staffing, in the school districts, and around real estate. and to manage our real estate and our actually plan for and how to plan for how the real estate it going to be used is important. and not that we fill up the land but think about how we can use it effectively and there are places in san francisco where we can do even more development and the bridge for the housing that the teachers are seeking as well to stay and work in san francisco with the familis that we have keep here as well. thank you. >> it is always so great to be back here, and i feel so much incredible love every time that i come b

to in the during the house the actual housing bubble but then we had a massive down to good example might be a place like phoenix phoenix with one hundred twenty seven percent and then it crashed you know prices were cut in half over a you know a decade a twelve or thirteen year period got up about forty four percent in nominal terms that's in fourteen years that we've seen prices go up that period and that tracks pretty much with what inflation has gone up i don't know what poll of these graphs that we have here one is showing nominal house prices from the one nine hundred sixty s. to today for soon as we get those out there it is nominal for as the other is going to show the exact same thing only adjusted for inflation ed you've got to tell me what does this data tell us to go back and forth between those growth you'll see is that the one that has nominal house prices joes going from like you know twenty on a scale of twenty to one hundred sixty you know the one hundred being the spin out . and then if you adjusted for inflation then suddenly you have something more like eighty going up to you know like one tw

housing prices cooling, explain again why this is good news for home buyers? >> you know, it's been such a frenzy in 2013. if you were one of the markets like las vegas or phoenixou saw firsthand what a challenge it could have been. you were experiencing bidding wars, squeezed out by investors, putting down all cash offers. it was an extremely tough market to be in. next year a that situation will relax and we'll see more inventory on the market where you'll actually find a house. and investors are going back a little bit so you'll have less competition, and you'll be able to find a house and put an offer in and hopefully get that house, too. >> we have a map that we'll show of some of the hottest areas of the country. what is it about these particular areas that makes them particularly competitive and why housing prices will continue to swell in these areas? >> you know, a lot of hot markets in 2013 pro also the markets that lost most in terms of home value during the down turn. you created a lot of negative equity. floor, detroit, phoenix and los angeles saw extreme drops in home value oftentimes more than 50% on the way down. and so these homeowners lost a t

. >>> from his famous tent city housing unit to the striped uniforms and pink underwear for inmates, the maricopa county jail in phoenixona, strives hard to be america's toughest jail. it's a reputation promoted by the man who runs it all, sheriff joe arpaio. >> i'm not a social worker. i'm not a psychologist. i'm a law enforcement guy. so if they don't like the way i operate the jails, i got one answer to everybody -- either get out of town, or if you're here, don't violate the law, because you're not going into a hilton hotel in this county. >> get on the ground now! get on the ground now! get down! 23, get down. >> with his wild west reputation, we didn't expect to meet two young people at maricopa who not much earlier were considered role models as opposed to felons. >> no matter where we are, you need to be serving god. right now we're all sitting in jail. i'm a very devout christian. i've gotten back to my walk with god. i was working in my church and everything before coming here. it's not like jailhouse conversion or anything like that. i just followed a friend and shouldn't have done that and helped him do som

south of the border, the cartels, and some of it spilling over, and drop-houses, where people were dropped to be transported on, phoenix of misnomer, based on actual facts. but that fear permeated. and i think it did really have an impact on relations and the association that the arizona general community had, in particular, with the latino community, and it became that perception of quote/unquote illegality of things associated with it, but also the basis fear of the cartels. >> i want to talk more about terrorism, right, and fear in this context. because i do think you all captured the humanity of everyone engaged in this process so well. up next, we'll hear from those who see the impact of our immigration policies on their doop doorstep every day, the ra ranchers who live along the border. >> i find the fences cut today the same place they were cut the last five years. oatmeal squares. hearty oatmeal, softly baked with a drizzle of cinnamon. it's a soft take on a morning classic. soft-baked oatmeal squares from nature valley. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's

it's decided in newark, in baltimore, in phoenix, what's so important about the cdbg money and the transportation and housing is the money comes locally. there's federal criteria. again, eliminate blight, deal with unemployment. it has to meet a documented need. but it's decided locally by mayors and city cowan seurblgs by county -- mayors and city councils. this is what the county did. they worked on a bipartisan basis for adequate funding for cdbg to meet compelling need in the area of housing, particularly housing for the elderly, the so-called section 202's, many of which were built a long time ago and now need to be retrofitted and remodeled; again, meeting need, coming up to the compliance of what we now know things like universal design to keep people out of long-term care, assisted living. and this is just a wonderful way to meet human need and also generate jobs. so they've done a great job. but i'd also like to comment was the leadership that they provided, and it was across all of the appropriations committee. you know, because we're not a committee that makes a lot of fuss, we're not usually a bu

hit markets where prices dropped the most, las vegas, phoenix, the areas that had the biggest crashes with the largest number of foreclosures with houses being put on the market and the borrowers where many of these housing markets where the investments are taking place are ones where you have a substantial fraction of underwater borrowers and individuals who have bought houses, whose credit is impaired, who are not in a position to be buying houses. these investors are taking very low prices for cash and renting them out over a reasonable time. >> dr. yellen, i don't want to be rude and interrupt you but i'm running out of time. i think you would agree with me that you probably would not in a public setting, but if i were to say to you, why don't you announced today that you are going to draw this down over the next 24 months from $4 trillion to zero, i think you would see the impact of your policies on the value of real estate all across the united states, not just of the hardest hit areas. i think the real estate that i and others own would go down in value. i think the stock market would have the same sort of reaction that it has h

house. here to share her story is sidney phoenix. she joins us from philly along with her attorney.ood morning to both of you. >> good morning. >> sidney, you moved in to this neighborhood built by the lenar corporation. what did your neighbors start doing that made you think this guy is a hand full? >> well, it actually started even prior to me moving into the neighborhood. there were, from my understanding, there were several issues that had taken place that prompted police activity and things like that. for me there were two issues with the developer. the first for me is that there was not -- there was not full disclosure around some material information that i could have used and would have used in making a decision whether or not to purchase the home. the second -- and this is when the hostility actually began between myself and my neighbor -- the builder, the developer took it upon themselves to send the neighbor a letter. the letter was not sanctioned by me, by anyone in my family. and the letter basically made several demands to the neighbor which then prompted the hostility

phoenix i think they can solve homelessness. they have a housingulling communities together and i think we can really make some movement on that in the next couple of years. >> going are the v.a. in the backlog? >> long way to go. there has been improvement and they are making headway and leaned in on it and put mandatory overtime in place. you guys and others have been finally covering. . at the end of the day backlog is down but 400,000 people are still stuck in it. they pulled it maybe a quarter of the way out of the ditch and we have a ways to go and need to keep on them. our goal is no one is caught in the bill clinton log and 400,000 people now and way too high. >> talk about the causes and how to fix the problem. bob gates on tv the other night asked about the problems with the v.a. he said they are all good people and they care about the vets and want to get things done. the bureaucracy there is bad but that is not the problem according to gates. he says the way the system has been constructed is basically changing anything in the v.a. requ

phoenix, inspect your home. i'm subject to surprise inspectionsof momentum. >> inot embarrassed. >> very serious. >> marty was in violation of the animal welfare act. ten times regulateyears have shown up, unannounced at marty's house. >> cannoargue with them. you can't even talk logically with them. >> she would love it if everybody said, ah. >> i got a new inspector and i said, did my first one retire? she said, no, good news, we increased our budget and we have more inspectors now. we can visit you more often. >> you got this letter. deere dear members of our regulation community. sounds like a family. >> a community i don't want to be a part of. >> they actually wanted a comprehensive written disaster plan detailing every i would do with my rait in event of a fire, flood, temperatures, ice storm. >> 20 possible disasters they list. intentional attack. animals escape. tornado, hurricane, blizzard. the government calls these common emergencies. >> the plan came in at 30 pages. >> you say to these people, come on, this is ridiculousnd they laugh and say, it is, but we have to do this? >> they don't laugh ever. >> there's more. you're not doing your job if you're a regulator unless you add more of this stuff. >> th

maricopa county jail in phoenix, arizona, we were struck by how different it felt from the rest of the facility. >> this is where the killers, rapists, the most violent offenders are housed. and when you get up there, it has a very different feel than other areas of the jail, and that's because there's an eerie silence. and the reason there's an eerie silence, as opposed to other segregation units, is because the inmates are housed behind double sets of doors. this is as close to a hannibal lechter cell environment as you can get. they don't even leave for they don't even have to leave their cell area for recollect relation. they just open one of the interior sliding doors and they walk out and they have their 45 minutes of recreation each day, and then boom. right back into the cell without ever interacting with another inmate. so it has a very ominous feel when you walk through the special management unit. and this is the path that i took when i went to meet shawn gaines. >> 29-year-old shawn gaines had spent most of the last six years in the special management unit, awaiting trial on a first-degree murder charge that could land him on death row. >> i've lived here lon

phoenix, inspect your home. i'm subject to surprise inspections of momentum. >> is not embarrassed. >> very serious. >> marty was in violation of the animal welfare act. ten times regulateyears have shown up, unannounced at marty's house. >> cannot argue with them. you can't even talk logically with them. >> she would love it if everybody said, ah. >> i got a new inspector and i said, did my first one retire? she said, no, good news, we increased our budget and we have more spectors now. we can visit you more often. >> you got this letter. deere dear members of our regulation community. sounds like a family. >> a community i don't want to be a part of. >> they actually wanted a comprehensive written disaster plan detailing every i would do with my rabbit in event of a fire, flood, temperatures, ice storm. >> 20 possible disasters they list. intentional attack. animals escape. tornado, hurricane, blizzard. the government calls these common emergencies. >> the plan came in at 30 pages. >> you say to these people, come , this is ridiculous and they laugh and say, it is, but we ve to do this? >> they don't laugh ever. >> there's more. you're not doing your job if you're a regulator unless you add more of this stuff. >> th

>> i remember, though, when i was in phoenix in 2006, i -- my cabdriver wanted to talk about housing.ut housing. so, we're not there yet -- well, maybe we're getting back. >> yeah, it's a concern. i mean, as is the concern about cash buyers, robert, and the degree to which they're holding up the market and once the market gets to a certain level do they pull the rug out from under us, we continue to talk about it every month, but where do you see the dynamic right now? >> that's the real puzzle there's no statistical answer because we've never seen this kind of surge in investor interest in housing. even during the peak months of the boom, it wasn't this strong. but there are other things happening. the nar and the 2013 home buyer survey found that a large fraction of home buyers in 2013 were married couples. it was a higher fraction than before. so, there are other elements of demand for homes that might be stable. >> all right, bob schiller, always good to check in with you. thanks for joining us on today's housing numbers on the case-shiller report and also on the stock market. >>>

phoenix. in my part of the country, that had the biggest crashes where you had the largest number of foreclosures with houses being put on the market and borrowers whose, many of them, many of these housing markets where these investments are taking place are ones where you have a substantial fraction of underwater borrowers and individuals who have lost houses, whose credit is impaired, who are not in a position to be buying houses. and these investors are purchasing these houses often at very low prices for cash. and appear to be in the business of representing them out over a reasonably long period of time. i'd say, you know, we have to watch this very carefully, but i don't see that as an asset bubble. i see that as a very logical response of the market to generate a recovery in very hard-hit areas. >> dr. yellen, i don't want to be rude and interrupt you, but i'm also running out of time. here's what i would offer. and i think you'd agree with me, although you probably won't want to agree with me in a public hearing setting. but i think if i were to say to you why don't you announce today that you're go

phoenix tv. just today, china and rok announced to you defense hotline as soon as possible. i'm just curious, how does the u.s. and the white house see this latest development? thank you spent announced what? >> china rok hotline. >> we certainly encourage cooperation and communication between all the parties in the region but anything that contributes to the reduction of tension. and ability to have that type of transparency, ready communication necessary to respond to the various contingencies in the region. it's positive. no reason not to be positive about that. >> is there any plan for u.s. government -- sundeck north korea in the near future? and then, there are some indications under the table within the united states and north korea over -- [inaudible] can you explain what is the condition from the north korean government? >> that's a great question. you should be asking probably to the north koreans though at this point. let me just sum to say this. the united states has made significant effort, united states government has made a significant effort over the past year sense kenneth bae was detained, convicted and imprison

house last week to be recognized at the champs. i like how michelle obama rolls. >> that's pretty fun. ♪ led to the one jobhing you always wanted. at university of phoenixuld be built around the career that you want. imagine that. wow...look at you. i've always tried to give it my best shot. these days i'm living with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. at first, i took warfarin, but i wondered, "could i up my game?" my doctor told me about eliquis. and three important reasons to take eliquis instead. one, in a clinical trial, eliquis was proven to reduce the risk of stroke better than warfarin. two, eliquis had less major bleeding than warfarin. and three... unlike warfarin, there's no routine blood testing. [ male announcer ] don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily and it may take longer than usual for any bleeding to stop. seek

phoenix. >> so obviously the show is not just about movie. it's also about tv. i want to ask you what show you think will win in the best drama series? >> the globes love new shows and "househe oscars. do they tend to predict the oscars? >> with uncanny accuracy. with the 80% of stars who have won oscars over the past 20 years won previously at the globes for the same roles. >> hopefully rock ertsbert redford will fair better. >> it's so tight. >>> and knew for a final look at the weather for your weekend. >>> up next from long island to south beach, food expert lee sh ragger tells us why he eats at 300 restaurant as year. i want that job. you're watching "cbs this morning saturday." [ male announcer ] if you can clear a crowd but not your nasal congestion you may be muddling through allergies. try zyrtec-d®. powerful relief of nasal congestion and other allergy symptoms -- all in one pill. zyrtec-d®. at the pharmacy counter. ♪ ♪ [ male announcer ] hurry in and save 10% off all energy star appliances $399 or more at lowe's. ♪ ♪ . my skin is not perfect. and instead of getting stressed about it, you can just perfect it. new revlon age defying cc cream perfect those little f

phoenix with their young son. leads welcome kimberly yi. [applause] and the best for last, we've got monica youngblood. in her first term in new mexico's house of representatives, she's on the board of the rslc's future majority project and was named as one of the 2013 emerging leaders. she's a native of new mexico and was raised by a single mother this albuquerque. at age 19 monica also became a single mother, but as she says, she was determined to end the cycle of poverty. so she set out give her daughter a better life. monica now runs a successful real estate business and also works as a marketing consultant. she and her husband, chris, have two children between them. so please welcome our newest rnc rising stars. [cheers and applause] now, we're going to have an opportunity for all of you to get up and ask questions at the mic, so i'm going to ask each of our participants two questions. we'll try to move quickly, and then we're going to open up the mic. so first question is to chelsea. chelsea, you've said that you were the first republican in your family, so the first question is, why? what about the republican party appealed to you? go

phoenix with their young son. please welcome kimberly yee. [applause] >> and the best for last, we have monica youngblood. and her first term in new mexico's house of representatives, she is on the board of the rfl sees future majority project and was named as one of cold packs 2013 emerging leaders. she's a native of new mexico and was raised by a single mother in