on the screen kiss lawrence yun, national association of realtors chief economist during his what is the latest? guest: more buyers are coming into the market. we have seen three straight months of rightistrise in pendie sales. the closings have also been rising. there is some buying activity. mostly it is on the lower price points. people are looking for bargains. at least on the sales activity, it looks like we may be hitting bottom or near bottom. >host: declines in home prices are beginning to slow. can you explain that? >>guest: a combination of lower prices. those with jobs -- we are in a challenging environment in terms of the economy. the low interest-rate environment is also helping. the stimulus package also includes a first-time home buyer tax credit. some people are trying to take advantage of the tax credit before it expires at the end of november. there is by your activity, but this is due to the declining home values. in the latest data from case- shiller lawyer, it is beginningo stabilize. host: what parts of the country are seeing the most activity? guest: the boom a

reel tores are warn -- realtors are warning against celebrating that just yet. >> reporter: she is on the verge of buying her first house. >> i have been looking since i was 16. i know what i want and i am just finally like okay, it is time. >> reporter: it is a sentiment many seem to share. many show home sales rose 2 percent in a year ago. the first increase since january 2007. >> it is a great time to buy when you look at availability of money and particularly with this great interest rate we have. >> reporter: throw in an $8,000 federal tax credit, 10 percent decrease in property prices and massive list of inventory at the result of foreclosures, buyers can't resist. >> the only jurisdiction in the entire metro region that did not see an increases baltimore city . sales went down one percent. >> very simple, taxes. when you are looking at a monthly mortgage payment and you are trying to figure out all those pieces how are you going to put this together and suddenly you get that tax bill on top, it really diminishes your buying power. >> reporter: even though sales are up outside t

. >> larry: you're a sharp realtor guy and you know southern california. i was up at neverland. we did a whole show from there thursday. i never saw a property as beautiful as that. 3,000 acres. what would you do with it? >> i'm not sure exactly who owns it.

danny is realtor and owner of the babs group. some great advice for those look fog get into this market. and dan, the chief economist, bullish. the chief financial officer at zillo. dan, you're the most bullish. i would like to start with you. first do you think the housing crisis is over? is the worst finally behind us? >> i think the worst is behind us, yeah. there is so much data that look very bottomish. i think we're really on the way up. people are always arguing with me about just because it is not as bad as it was, does that mean it is better? everybody knows the data is bad. the markets, the housing market is bad but it is getting better. that's the positive here. >> go ahead. pop our bubble. >> well, i don't know what number these guys are looking at but we need to look at the methodology that some of these people are using. whether it is case shiller or the u.s. census. the case shiller that you were referring to earlier in the program -- >> sure. a pass percent from april to may. >> the methodology they use is one fam

she is a realtor. she rented the property occupied by lawrence patrick gonzalez jr., and his family. she is also known as pamela long wiggins, pamela l. malden, pamela long link, pamela laverne long coco, and also pam long. we want to emphasize it is imperative to speak to her as soon as possible. we know that she was associated with leonard patrick gonzalez jr., up until the day of the murders. >> the drug enforcement administration confirms that it is assisting in this probe. >> seven suspects dressed in ninja garb plan an incredibly elaborate and precise break-in. investigators now say the person assigned to turn off the surveillance cameras never showed up. >> detectives say the hunt is on for at least one more person. >> we've identified the seven people that entered the complex. we have those folks in custody. i believe that they entered that compound with the belief they were not under surveillance. we are now looking at anyone that may have had an involvement with the security system. so, we're

. >> larry: you're a sharp realtor guy and you know southern california. i was up at neverland. we did a whole show from there thursday. i never saw a property as beautiful as that. 3,000 acres. what would you do with it? >> i'm not sure exactly who owns it. a very good friend of mine, tom barrick, is very much involved -- >> larry: he was there. their company apparently pretty much owns it. >> yeah, tom is a brilliant guy. wonderful friend. and he was actually somebody who helped michael jackson a lot over the last couple of years. but i think tom has that. i'm just not sure what you can do from a zoning standpoint. >> larry: could you envision a graceland? >> well, i could, but it's a difficult area. you have to go through this town. as you know, they drove him crazy. you know, the interesting thing is i've known michael from many different standpoints. and michael would spend a lot of time with my kids. i have beautiful kids. and at the time, the kids were very young. michael would come, play with the kids, he just loved children. he was not a child molester. and i am certain

from the very beginning, clark, why are people looking for a blond realtor?what does she have to do with a bunch of men dress in the full ninja garb, creeping across this couple's front yard? >> she was the first person of interest and now at a press conference this afternoon, there are two persons of interest. what i can tell but pamela long, in fact she was the landlord of gonzalez, jr., the alleged ring leader of the crime. there is also a second person of interest that has been announced but police haven't said who or even a gender of this person. they believe that second person of interest in fact knew about the security cameras and alarm code. but for some reason, may have gotten cold feet and bailed on an otherwise perfect crime. >> to sergeant ted roy, the public information officer there at the sheriff's office, thank you for being with us. so this whole thing. this double murder and this robbery, including the family's safe taken out of the home. was handled with military-like precision, but one of the idiots forgot to cut off the security camera? >

a local retailer, realtor, rather, arrested. she's out on bond.ad done work at the billings home were under arrest. joining us now, radio reporter david mcbride who has been following the story. david, thank you for joining us. >> you bet. >> jamie: first, let me ask about the realtor. she is known to some of the suspect and had the safe buried in her backyard but they let her go. why? >> that is the million dollar question. everybody else in this case, martial arts instructor, the accused ring leader and his father and the others who worked with his father or day laborers like you say, some of whom are car detailers, they're all in jail with no bond. and charged with first degree murder. now, she's accused of actually donating her van to the gang who used it as a second get-away vehicle and in which were concealed the safe and murder weapon. she was also seen as passenger in that vehicle with the safe and gun inside. she's released on bond which he had no trouble coming up with. >> jamie: and let me add is not cooperating with authorities. >> cor

brian, back to this realtor whom cops found in alabama. what do we know about a connection to this case? >> basically, we want to point out she is a person of interest at this point, not a suspect. she is in this building as we speak being questioned by authorities. they want to know about her relationship with a man that deputies say was the mastermind of this crime. take a listen to the sheriff this afternoon. >> we know that she was associated with leonard patrick gonzalez jr. up until the day of the murders. and so, again, we would like to get information from her about his activities, whereabouts, movements, those sorts of things. again, she is a person of interest because of her close association with him. >> her name is pamela long, shep, and she is a local realtor of some note. she is known well in this community. shepard: she had rented to that man about whom the sheriff spoke. we understand there is another person of interest still out there somewhere. >> you touched on it, shep. the deputies say the one thing they have started t

she is a realtor, a person of note in the community. she has an antique mall. she has a number of business liens against her properties, so she is having some financial problems as well. the sheriff says she is a person of interest in this particular case, and up until 48 hours ago, they didn't know exactly where she is. i know in a moment you will speak to the sheriff and i think he may have new information for you about that woman. shepard: he referred to this gaping hole in the case. it sounds like what he is saying is, look, they had this thing planned out, every little bit of it, and they all seemed to think he acted like maybe he had been told by some of them, but i don't know, that whoever was supposed to turn the alarm system off and turn the security system off didn't do so. they thought they weren't being watched. >> yes. well, you have to read between the lines here, because they can't give away the whole farm when they talk to us. it appears in their conversations with a number of suspects in this case, they are beginning to sense that they were exp

i understand a blond realtor is charged with accessory after the fact.es she have to do with this? >> she was an associate of the seven suspects. we determined that a vehicle registered to her was parked near the compound and used as a getaway vehicle. it also contained the safe and guns used in this horrible crime. >> with all of these people involved in a so-called conspiracy, i'm not trying to detract from the seriousness of it. two people are dead, 16 children orphaned. with this many people involved, somebody's going to talk. >> exactly. you can't keep this many people from not speaking to someone and that helped in this investigation. it also helped that well, we believe one of the people involved, one of the persons of interest, did not disable this video surveillance. >> you know what? all i can say about that is praise the lord for that idiot that didn't unhook the security device. thank you for being with us. let's stop and remember darrell griffin jr., 36, california. killed in iraq, second tour, awarded a bronze star. loved reading books, wri

>> she's got -- she apparently had -- she's a realtor. the newest house she had, apparently she'd gotten it not that long ago, apparently a foreclosure she moved into. but she was down at orange beach, alabama, on her 47-foot yacht. so, you know, what is her involvement in this? we don't know. did she take some property afterwards? was this red minivan that ed was talking about, did she help them to get away? but she is charged with accessory after the fact. >> remember truman capote's book "in cold blood" where somebody goes into a house with a master plan? >> yeah. >> amazing you think something like this could still happen. my thanks to you and my good friend from miami, also, eddie lavandera, joining us with the latest on escambia county. talk about a county that's changed its character in the last ten years or so. >> ain't that the truth. >> no more. our show doesn't end at 4:00. it just moves on to cnn.c cnn.com/live. join us today. it's a little more hip, a little more fun, not that it isn't always. remember trisha murphy? she's co

host: lawrence yun, national association of realtors chief economist. thank you. guest: thank you. host: there is abuzz this morning about a new "vanity fair" piece of dell server pailin -- article about server oarah palin. what alaskas charismatic gov wants us to know about herself does not always jive. the author tracks the signs, political and personal, that palin was in big trouble. we will talk about this in just a moment. see you in a minute. >> during his travels next week, president obama is scheduled to meet with russian pres. medvedev. two panels look at the issues between u.s. and russia, including arms control. live coverage after "washington journal." also at 10:00 a.m., quinnipiac univ. releases the results of a new poll. healthcare is a topic of a town hall meeting this afternoon at northern virginia president obama community president obama will take questions from an audience, and also youtube users, facebook, and twitter. >> this holiday weekend on book tv, discovering an unfamiliar side of her nation's first president. with historian and author john ferling. join

chamber of commerce, and the chief economist for the national association of realtors. on thursday, martha raddatz from abc news and edward montgomery. on saturday, ken silverstien and richard miniter. and on monday, henry waxman. >> this holiday weekendb holidayook this holiday weekend on "-- this holiday weekend on "book tv." it is part of our three day holiday weekend starting friday morning on c-span the 2's "book tv." >> the president of honduras addressed the united nations general assembly. the speech happened shortly after passage of a resolution condemning me coup. it is about 50 minutes. >> on behalf of the general assembly, i have the honor to welcome to the united nations, his excellency, constitutional president of the republic of honduras, and invite him to address the general assembly. >> president of the general assembly, ambassadors, representatives of countries to the united nations, a distinguished special guests, chancellor of honduras, ministers that have accompanied us today. ministers from all other countries. distinguished minister of venezuela.

. >> detectives are working with international investigators, trying to track down a local realtor who is believed to have defrauded more than 100 home buyers and numerous mortgage lenders out of as much as $50 million. we went to the home of the real- estate agent. new renters moved in a month ago. she apparently left in a hurry. >> it looked messy when we came in. >> with investigators closing in, she apparently fled the country. tonight, she is charged with fraud, racketeering, and money laundering. >> $50 million is the rough estimate that the lenders are out over two years. m investors say she took on clients often with bad credit and allegedly put her own money into their accounts to inflate their credit scores, and she also falsified it earnings data for them. many of the buyers were immigrants with limited language skills. they bought homes they cannot afford. the mounting foreclosures tipped off the police. >> the sad part about it is their credit is ruined, they are bankrupt, foreclosed, and that is the with the scheme to work. mdot she made her money by getting loans, hundre

they cinda she is a realtor. we do not believe that she has a real estate license. she was well known in the community. she is also a business owner and has some antique shops she was the landlord of one of the people previously arrested. the man who is said to be done by officials here, the mastermind of this home invasion robbery that turned into a maurder, megyn. megyn: a lot of criminals of landlords. the landlords do not end up getting arrested. >> they did not want to give too much information last night. they found her on a boat over in orange county. it was a boat that she owned. that is where they found her. we do not know a whole lot more. some circumstantial evidence was gathered last night. the other major threat here -- this is really interesting. it it has to do with the security system that helped them to break open the case. as investors -- as investigators began to investigate the case, they figured out that the people who committed this crime were surprised that the security system was running. they think there is another person who is supposed to

however, the realtors had a good note today, saying that the jumbo loan market seems to be easing up a little bit. still, much more expensive than the conforming loan. but at least they're easier to get than they were, say, even two months ago. we'll see through the summer how that works out and how many of those distressed homes come back on to the market. for the rest go to realtycheck.com. >> it's obviously red day here on cnbc. >>> more on this morning's economic data, new jobless claims rose last week, but the number beat expectations. so can we still have a recovery without as many jobs and how do you profit from a potentially jobless recovery. let's ask michelle girard, and jeff crumpleman from hill yard lines. and steve liesman is with us, as well. steve, it seems like the administration is making a big deal out of this data. they're at least trying to drive home the point right now that the disparity between gdp growth and how many jobless claims we've seen seems to be saying we're goingtive a jobless recovery or more productive recovery, depending on how you look at it. why

national association of realtors economist lawrence yun says that's a positive sign. >> i think this is part of the consumer is regaining confidence about the housing market, many perceiving that the bottom has been reached or that it will soon be reached and therefore buyers are coming back to the market. >> reporter: while there are still a lot of for sale signs out there, the glut of homes is drying up. >> i'd like to see it down to seven months supply and at that level we will see broad, national price stabilization. >> reporter: while the pace of home sales has picked up, prices remain under pressure. the national median price was almost $182,000 last month, 15% lower than a year ago. economist mark zandi thinks stable prices are still a ways off. >> it's clear that the housing market is past its worst, that housing demand is improving, that construction has hit bottom, the last thing we need to see is an end to the price declines and i think we're still six to nine months away from that. job losses, tight credit and higher mortgage rates could push that timeframe further out. z

now today, local newspaper reports say that safe was found buried in the backyard of the realtor.s prepare their case for the grand jury to formalize those charges. natalie? >> mark potter in pensacola, florida. thank you, mark. and for more now we turn to nbc news analyst and former fbi criminal profiler clint van zandt. good morning to you. >> hi, natalie. >> help us make a little bit of sense out of all of this. a senseless act, of course can't make sense out of this. a group this size and as mark potter was reporting, who had carefully planned this, it sounds like, for over a month, but yet they sort of all worked together in this auto shop. how does a group come to this idea to commit a crime of this nature? >> well, it's interesting. you look at the group, and you showed the pictures earlier. we've got both african-americans and whites who came together to make this. there's always going to be one leader. perhaps somebody with some military background. and i think what this is going to turn out to be is kind of a fantasy crime, natalie. that one person said, hey, look at thi

national assiation of realtors economist lawrenceun says that's a positivsign. >> i thi this is part of the consumer is regaininconfidence about the housing rket, many perceivinghat the bottom has been reaed or that it will soon breached and therefore buyers are cominback to the mark. >> reporter: whilehere are still a lot of for sale gns out there, the gluof homes is dryi up. >> i'd like to see it wn to seven mont supply and at that level we wl see broad, national price stabilizaon. >>eporter: while the pace of home sales has picd up, prices remain under pressure the national median pricwas almost182,000 last month, 15% lower than a year ago. economist mark zandi think stable prices are still a wa off. it's clear that the housing market is past its worst, th housindemand is improving, that cstruction has hit bottom, the lasthing we need to see is annd to the price declinesnd i think we're still six nine months away from that. job loss, tight credit and higher mortgage tes could push that teframe further out. zandi expects another ve of foreclosuresnd short sales lar this year and in

when it crashed, realtor peter zalewski started condo vultures and it was no joke. >> we are going up a unit. look at that view. that's -- >> this is a nice hotel. >> nice hotel room. you know, you have great brand of nuts over here. >> but what is -- so somebody owns this and then it's ruented out as a hotel? units sold for $550,000 back in 2005. last week, the same condos sold for $32,000 when an investment bond fought 51 heavily discounted units from the bankrupt builder. you're saying this was worth $1,100 a square foot? when it will worth that again? >> i don't think i will have will be alive? >> ever? >> i might seette worth -- see it worth $500 a square foot. >> it was a one of a kind deal, but the news is that prices are so falling so far that properties are beginning to move. the regent is one of nine bulk sales that have seen vulture funds scoop upundreds of condos at 50 to 90%. last night we sat in on a seminar for first time home buyers and it sounded like what we he were -- what we heard during the boom. >> if you don't own a home, you need to buy one. >> we find carlos b

lawrence is a realtor. she rented the property occupied by laurence patrick gonzalez jr. and his family. >> do you believe she was there the night of the murder? >> we do not. we have identified the seven individuals, again, that entered the billings' compound. >> get the name -- i think you mention it had a couple of different ways. the name is? >> pamela laverne long. >> laverne long? >> laverne long. >> pamela laverne long? >> yes, ma'am. >> and lawrence -- was there a lawrence? >> i did not mention any realty company. >> can you show the picture one more time? >> yes i can. ms. long also has some also known as. she is also known as pamela long wiggins, pamela l. malden, pamela long link, pamela lauvere co-coach and pam long. this is her photo, we will pass copies out. >> last known address? >> we would prefer at this time because this is not meant to be harassment for ms. long. we will so the speak to her business dealings, her business holdings or her current home address. again, we want to emphasize that it is imperative we speak with her as soon as possible. we wou

a permanent residence in las vegas where his realtor says jackson wanted to build a new life. >> cnn'sw griffin from our special investigations unit got an exclusive look inside the home. >> reporter: it's the home michael jackson wanted, but at the time even he couldn't afford. according to his las vegas realtors, this ten-acre, walled estate was to be michael jackson's vegas wonderland. >> this is the only house i showed michael out of probably ten or a dozen where he came outside, and he came outside with no umbrella, no mask on, just came out here with the kids to see the grounds of the property. through this here, we have an apartment. it's about 1,000 square feet and the kids wanted to make it into the play room, and michael liked that idea. >> reporter: instead he placed jackson and his family into a lease home. it was not up to par, but jackson was building a life in las vegas and also trying to build back his wealth. entertaining casino owners who were offering jackson deal after deal to make him stay. >> i know that michael really liked the idea of being able to perform in on

realtor and apparent acquaintance of one of the men in custody. >> she is coming back of her own volition with her attorney to discuss the issues with us. >> surveillance video here plays a key role in piecing it together. captured the suspects in black, like ninjas heading in the back and front doors of the nine bedroom home. the sheriff is vague in order to protect the investigation. >> one of the motives, a motive was robbery. at this time, because we have turned the investigation over to the state attorney's office, we are treading softly. >> meanwhile one of the daughters thanked the community for its support following the death of her parents. >> to all that kept us in their prayers, we will need them more than ever in the coming weeks. >> again, police say the murder is solved but they believe new information developed in this case is launching a whole host of other investigations. in pensacola florida, brian wilson, fox news. >> day three of sonia sotomayor's confirmation hearings and we don't know where she stands on the topic of abortion. no different however from her predecesso

chamber of commerce and the chief economist from the national association of realtors, lawrence yun. coming up on thursday, martha radditz from abc news. on saturday's program, ken silverstein on the employee free choice act and washington times editorial page editor. on monday, hen we waxman. "washington journal" is live every day at 7:00 a.m. eastern. >> this holiday weekend on book tv discover an unfamiliar side of our nation's first president as we're live from george washington's mount vernon estate. join our three-hour conversation sunday on "in depth." part of our three-day holiday weekend starting friday morning on c-span 2's book tv m >> here is a look at the recent presidential election in iran and its political consequences. this panel includes middle east analysts and the political editor for a united arab emirates newspaper. this lasts two hours. >> good afternoon. i'm sam wells, a sune major scholar here at the wilson center. i would like to welcome you to a session on the iranian presidential elections. what do they tell us? a lot of interpretations. more than there ar

according to a police report, a local realtor arrested in the case, had the couple's stolen safe, hiddenbayard. la mepa meggins charged with accessory after the murder of burt and melanie billings. the couple known forgdoinpt 13 special need children were shot to deathnin i their i nine bedr pensacola home last week. six men and a teenager are facing murder charges. police say they have most of the evidence they need in this case. >> we have located several guns in various location fe o o which we believe is the murder weapon. th believe thathis conclude aj meorart m of our vestigat a>> funeral for the billings will be held tomorrow. >>> thousand of hospital patients may need to be tested for hepatitis c after allegations that a surgery technician switched syringes in three states. 26-year-old christian parker worked at hospitals in texas, new york and colorado an i the past four years.n invest satsoray she would switch dirty syringes filled with saline for ones filled with a powerful painkiller. 9,000 patients may have been exposed to infection. in custody on federal charges. >>> someth

thursday, existing home sales for the month of june will be released by the national association of realtors. >>> finally today if nautical nonsense be something you wish, the trading floor of the new york stock exchange was the place to be this week. spongebob squarepants celebrated his 10th birthday by ringing the closing bell. the optimistic yellow kitchen sponge has generated parent company viacom some $8 billion in revenue since debuting on nickelodeon in the summer of 1999. still has a lot of years of earnings power left you know. under water sponges can live to be 500. that's the show for today. thanks so much for being with us. harvard professor elizabeth warren, chair of the congressional panel overseeing the panel is our guest next week. each week keep it right here where wall street meets main street. have a great week, everybody. i'll see you again next weekend. >>> hello. i'm maria bartiromo. thanks so much for joining us for this special broadcast. dealing with record oil and gas prices has been a turbulent ride for the american people. and for the global economy. just about ev

today they brought in for questioning pamela laverne long, a realtor in gulf breeze, florida, who isaid to be cooperating and is not under arrest. she is being asked about her reported friendship with leonard patrick gonzalez jr., one of the men accused of in the attack. meanwhile, investigators say they have always wondered why the attackers who seemed so careful in plank the raid, did not first turn off the billings' security cameras which recorded the home invasion and led to their arrests. well detectives say they believe that some one was supposed to have turned out the cameras by remote control but failed to do so. now a person of interest is being sought by the authorities. as for those nine adopted children who lost their new parents, a relatives say because of such a large outpouring of public support, a trust fund is now being set up for those children's care. >>> mark potter with what continues to be a sad story out of florida. mark, thanks. >>> when we continue in a moment, would you want to know? who tried activia would recommend it. julia tolbert, tell me your story. we

. >> reporter: their mother is nancy fine, a realtor whose business is down 50% last year. she wants her children to learn how to be financially independent. >> if you learn young, you'll have a lifetime knowledge with how to plan for the future and they'll probably be better off. >> reporter: these eight and nine-year-olds are learning more than kids twice their age. >> only three states require high school students take a financial education course. 18 others require personal finance be taught during other subjects. in the rest of the country, nothing is mandated. >> we're struggling as a country and it's a by-product of people's lack of education when it comes to financial literacy. so this is critical for us. let's get where we belong. >> reporter: high schools like principal jermaine kamau brought in a video game to his school in trenton, new jersey. students earn and spend in a virtual world, coping with the unexpected like a broken cell phone while saving for college. the obstruction of justice is not to go broke. >> how to manage my money instead of spending everyth

eastern time, lawrence yun from the national association of realtors. . >> this holiday weekend on book tv discover an unfamiliar side of our nation's first president as we are live from jogeorge washington's mount vernon estate on the ascent of george washington. join our three-hour conversation sunday part of our three-day holiday weekend starting friday morning on c-span 2's book tv. >> publicly funded. >> donations maybe? i have no idea. >> government? >> c-span gets its funding through the taxes. >> federal funding? >> public funding thing. >> 30 years ago america's cable companies created c-span as a public service. a private business initiative. no government mandate. no government money. >> "washington journal" continues. host: healthcare now and with us is peter brown assistant director of the polling institute at quinnipiac university. new poll out today. we will cover the event later. how many people did you talk to about healthcare and what were you looking for? guest: over 3,000. the polls are different because the national poll is very large. we shoot for and usually get a

the realtors didn't want it there is a lot of people whose occupations would suggest they're better off if they don't have to deal with this issue. >> reporter: but people like karen have to deal with passing along the bill when someone passes away. experts say she is lucky, though. her family actually got some money back from the apartment complex. it's a generous and rare occurrence where the end of a life doesn't mean the end of a lease. joce sterman, abc 2 investigators. >> under maryland law, landlords have to get apartments in these situations ready to rent as soon as possible so the deceased won't be held responsible any longer than necessary. but senator kelly says there is no enforcement and nothing that obligates a landlord to rent a dead person's apartment first. >>> now the forecast certified baltimore's most accurate. here is chief meteorologist norm lewis and maryland's most powerful doppler radar. >> lovely evening out. >> nice evening outside. but i'll tell you. it depends on where you are, and whether we're going to see a record low for tomorrow morning. now we tied the

an eighth person, woman realtor we told you about here last night is charged with being an accessory after the fact. authorities say other suspects told them her van was used to hide weapons and the safe. >>> the u.s. military is stepping up efforts to find an american soldier missing in afghanistan for 17 days. he apparently wandered from his base on the front lines and was captured by the taliban. today the pentagon released images of leaflets it has been dropping in the region. one reads, quote, one of our american guests is missing. return the guest to his home. on the reverse side is a phone number to call for information. >>> now to the latest sign of the tensions -- a lot of european nations are grappling with -- as the muslim population grows. in france, the president nicholas sarkozy has called for an outright ban on the burka worn by a lot of muslim women. sarkozy calls it a prison, says it is a sign of women's subserve yans and not welcome in his country. our report on this tonight from n nbc's correspondent. >> reporter: you see them, in saudi arabia, the burka that compl

thursday, existing home sales for the month of june will be released by the national association of realtors. >>> finally, if nautical nonsense be something you wish, the trading floor of the new york stock exchange was the place to be this week. spongebob square pants celebrated his birthday by ringing the closing bell. the optimistic yellow kitchen sponge has generated viacom $8 billion in revenue since debuting in the summer of 1999. still has a lot of years of earnings power left, you know. underwater sponges can live to be 500. that's the show for today. thanks for being with us. my guests next week, harvard professor elizabeth warren. chair of the congressional panel overseeing the bailout. hope you'll join us then. each week keep it right here where wall street meets main street. have a

let's move over, realtors. >>> here at the gymnastics in silver spring, we believe every child can be a star. we encourage gymnastics. good morning, washington. >>> some wake-up exercises for you. 5:41. your traffic and weather together every 10 minutes. >> it will help you to wake up if you step outside this morning. it is refreshing. it feels nothing like mid july. >> you said the perfect word -- refreshing. we cannot actually say it is refreshing outside. low humidity again today. a northerly wind. the friendly north wind with the dryer wind moving in from canada. things will change over the next couple o d oays. sn arlingn, thehe sun vepo the horizon. very lhudimity. nlwe a maiy ininhe t 60's withs some mid 50's northwesidof metro. front royal, only 50. here is our forecast. mostly sunny today. generally a sunny, pleasant day. a bit warmer tomorrow. we will be closer to 90 and you will feel an increase in the humidity. more on the extended forecast coming up. >> in virginia, 66, 95, up 395, no problems. no worries out of southern maryland on 295, through the district. i will show

a good realtor can help you to wave issues. then walk through the neighborhood and look at the condition of the neighborhood. how many homes are abandoned? are people taking care of their yard? talk to the neighbors. and remember, just because some homes are selling for half of what they used to, that doesn't mean it's a bargain for your wallet. down payments of 20% or more may be required in some markets. use your leverage as a buyer there are a lot of sellers who are desperate to sell their homes. ask for seller financing. and you may be able to get a partial down payment or closing cost covered. and if you would like to see the top tips again, head to abc2news.com. the story is in the slide show and on our financial survival guide. >>> hi, i'm jamie costello. we continue to help you during the tough economic times. i want to invite you to our financial website here at abc 2 news.com. on there today we're going tell you how to survive at work. with hundreds of applicants for many jobs, how you can make your resume stand out.

when we return, a realtor on the run right here in our region, accused of some major mortgage fraud. we will tell you how she allegedly committed the crime. >> a cold front will mark the beginning of an unsettled weather pattern. >> and lisa baden will be back with another look at your morning commute. >>> not one but two tornadoes touched down in central florida, frightening workers at an industrial park. rex it was a tornado. >> employees ran for cover. it ripped metal off the siting of the building. strong winds also tipped over trailers and blew off rooftops. fortunately, no one was seriously hurt. >> we have not had to deal with that, thank goodness. >> although the humidity is finally arriving. >> 6:11. i guess it is here already. >> it is here. you will notice the ended stickiness. mpteateruresat -- you will notie the added stickiness. mount airy, 71 with mostly cloudy skies. we are squeezing in some nsushine elsewhere. variable clouds to start our day. woodbridge, up 72. here is the forecast. partly sunny skies today. temperatures up near 90. it is muggy out here today. we're

she is a realtor, well known in the gulf breeze area. this is a picture. she is a person of interest, a person that they would like to talk to. we are told that she might own some antique stores, something that we will be looking at in the days ahead. she is identified as the mastermind in this case. in the course of the investigation, the sheriff is getting a sense. they have developed information the basics -- expected the security system to not beyond. the question they are wondering about is who was supposed to turn it off and what happened because it did not come through. other people could be counted down in the days ahead. they believe that the murderer is solved. starting to come together in a thread, the information that they develop in this case is causing other law-enforcement agencies to stand up and begin their own investigation into other businesses. martha: thank-you to brian for that. here comes president obama, we will listen to what he has to say on this important topic. health care. >> i think that i have said this before, i really like

. >> a loudoun county realtor charged in connection with a $50 million mortgage fraud scheme. i am stephen tschida. that story's coming up. >>> we have breaking news, a police-involved shooting in washington, d.c. >> u.s. capitol policceoffir ew a 35-year-oldan m near n jersey avenue. the man is 35 years old and has been tenakto hospital. at constitutio iavueens closed stt et nstw -- first street northeast and some entrances tohe t hapeitalav d been we have a crew heon t way to the scene and we wil bringou more details as to become available. >>> this was day three of sonia sotomayor's confirmation, and republicans were pushing hard. >> she steered clear of giving her personal opinion about issues. scott thuman, a lot of action on the hill today? >> there was, except we did not to see when reporters were kicked out of the room so