. >> now our dream has come through it's been a realtor now after 20 years of struggling (clapping). >> and it's historical in nature because we got the board of supervisors vote 11 to zero. which is historical in nature because a lot of times they don't agree; right? which is loophole right but they all agree on this one. we thank the board of supervisors for that 11 zero vote and ed lee for preventing the project going forward. but that's today and i want to go back 20 years because prior to 20 years there was a map with a vision pete rodriguez which we'll hear more about later and he started the mexican museum in the district of san francisco. but 20 years ago it was an elected official who i have had the pleasure of working with on many occasions on doing many things in our community who at the time was the supervisor jim gonzales who was here today who at that time, made sure we got this piece of land to build the mexican museum and thank you, mr. gonzales and at the time there was unfortunately, he couldn't be here - the bells are ringing but we had manual gonzales and he was t

if you have a realtor could be negotiated and put into your loan. >> how much do i owe the realtor?charge up front. we get paid on commission at the sale or purchase or the home. >> right. >> so as a buyer don't get discouraged thinking i have to come up with the money for my realtor. they only get paid on commission. >> also keep that money in mind when you're putting an offer in on the home. >> correct. >> how long do i plan to live on this home is another question you need to ask yourself. >> yes, every buyer should want to know how long am i going to be here because if you're going to be in a home forever, it's my dream home, my family, we're going to live here and die here and pass it to my kids, you may want to look at a shorter mortgage, a 15 year mortgage or even 30. if you're going to be leaving that area soon, you're in transit you may want to take a larger mortgage, actually, a 30 or 40 year mortgage and stretch your payments out that way you're paying cheaper monthly fees because you will get out of there soon. >> what about adjustable rate mortgage? >> yeah, if you're g

depends how much neglect you have on the home. >> listen to the realtor. they know what you want. >> not all realtors. >> you have to knock this down, i'm sure it is special wall but get rid of it. it will get you 100 grand back. >> clutter. take out all the stuff that doesn't belong. take clutter. melissa: more than you think. >> absolutely. melissa: go through a second time and -- >> take out all of your stuff and have it staged. melissa: that make as huge difference. you guys are fabulous. >> thanks for having us. melissa: all right. from the u.s., every corner of the globe money has been flying around the world today. starting off in spain, the country's central bank says the economic recession ended in third quarter after growing for the first time in more than two years. gdp grew by .1% which i'm not sure that even counts which is in line with the government's projections. spain's economy has been struggling ever since the credit crisis struck in 2008. >>> next in india, yum! brands had a huge landmark. opened 40,000 restaurant. a kfc flagship in the

. >> realtor james says this probably won't affect the crescent park's neighborhood home prices. he says the median palo alto home price is heading up already. it's a seller's market, and in this case it's true even if you're not looking to sell. >> if you're interested in a very particular piece of property that maybe isn't on the market then, you know, going up and knocking on somebody's door and saying, you know, what do you want for your property, that's very different than a seller that has a reason to sell. >> the mercury news reported zuckerberg heard a developer wanted to build a mansion and marketed as being near the ceo. the paper also says the billionaire does not have plans to build a larger pad and the families he bought them from are still living there. >> they did a really good job keepg the wraps on everything. >> it's not uncommon for sellers to have nondisclosure agreements. that was evident when this former homeowner who told his house to zuckerberg told us he better keep quiet. what else would you expect when privacy is at a premium? the realtor added the medi

successful students of mine from a wide variety of different backgrounds, from teachers to truckers, to realtors and contractors, to attorneys, to stay-at-home moms and dads. many of my students started with little to no money and on a part-time basis. one of the reasons i have so many successful students is because one of the first things that we teach you at the event is how to find killer real-estate deals you can flip and how to find the best deals that you can hold on that create monthly cash flow. in fact, this property right behind me was a pre-foreclosure that i got at a rock-bottom price using one of my strategies that you're gonna learn at the event. this isn't just something i talk about. this is what i do every day, and this is what my students are out there doing every day. and this is something that can change your life forever. >> well, our eyes have been opened to amazing strategies that we didn't even know existed, and now our company is getting killer deals. >> now, i know what you might be thinking -- "than, don't you need money to be successful in real estate?" you see, that'

i'm gary thomas, president of the national association of realtors. i have more than 35 years experience n the business, and i am the broker-owner of evergreen realty. it is no secret that real estate is a cornerstone of our nation's economy. it represents roughly 18% of our nation's gnp. as the housing market has recovered from the great recession, it has contributed to our nation's growth, especially since 2011. home sales, prices, and residential construction are all on the upswing. for example, home sales were 13.2% higher in august 2013 than a year earlier. home prices have increased 15%. these key housing indicators have been supported by low mortgage rates and improved confidence. the housing market has not fully recovered. maintaining momentum in the market is particularly crucial right now. housing recovery could stall if the debt limit is not addressed. a default or even a perceived threat of a default could undermine a distinct economic advantage that has taken us centuries to build. undermining our stability and raising costs today and for

deede made a lot of money being a realtor. >> she was successful, yes, sir. >> how much money did she have in the bank? >> i think it was over seven figures. >> seven figures. a lot of murders committed for a lot less than that. >> absolutely. >> who got that money in the event of her death? >> the beneficiaries were her two children. >> and the detective noticed something about the whereabouts of deede's two children, mike and julie, at the time of deede's disappearance. >> they were both out of town at the time their mother went missing. >> why was that significant? why wouldn't the reverse be true? >> i thought the mother goes missing and it just so happens that mike is gone at san jose and julie is down at a resort. it's been my experience that sometimes people dissipate stress after they commit a crime in different ways. some people drij, some people take drugs and some people leave the area just to dissipates. >> and there was, strangely, one more person who just happened to have been traveling near the time of deede's disappearance. her ex-husband, erwin howard, had just flown

right after i grate i've been a full-time realtor and i've focused on san francisco for real estate. and joining a couple of the local firms including firm tran and johnny is my coworker. and after that so i had an opportunity to open my own broeshlg firm and now i have another brokerage firm opened. under 1 hundred percent of ownership. i have experience from ail those years from the economy going up and down and also i also managing more than almost thirty units including condominiums and commercial throughout the city. also focusing in financial district all the condos all the ones downtown and including the listening no one towers and also i'm so grateful to have the opportunity to represent the investors to purchase two development sites in san francisco. one is in pacific you heights the lubrication reduce - we're getting the building permits and it's broken ground in 2 to 3 months arrest also, we have another one coming up in selma the united states about 60 to 70 units it's a condo project and we're going in the process of obtaining entitlement. my career is from small condo

and that realtor added that the median home price in this neighborhood is $3 million. seems like those sellers got a pretty good deal. and for now, they can stay in this neighborhood. live in palo alto, ryan takeo, kpix 5. >> kind of interesting that zuckerberg is trying to increase his privacy facebook is tweaking its privacy settings. sort of an ironic twist. >> reporter: yeah. it is. and some tech bloggers were definitely talking about that earlier today. >> all right. ryan, thanks. >>> luxury men's wear retailer jack spade has canceled plans to open in the mission district. the community has been fighting to keep the chain store out of that neighborhood. in a 4-1 decision the board of appeals defined jack spade as formula retail, which goes against the mission's chain store regulations. jack spade is owned by fifth and pacific, which also owns kate spade and lucky brand. >>> coming up in our next half hour, how a major airline is doing damage control after an internal email leak downplaying the dog it lost at sfo. >> we are completely packed until we close. >> why

well, now that our new vision of san francisco is becoming a realtor we should look at the developments to come. we've got plans that will reshape downtown with the central corridor plan. this plan seeks to include growth along the subway to this new important transit line. two transformational projects are already fitting so what this vision. the first is 5 m at the fifth and a mission streets it had been a high tech canvas with a focus on arts and it will - the intersections for the arts and tech shop and yahoo. next, of course, is the expansion of moscone center it's the key place for our tourism economy. the city has taken on this project with creating more space and more thanizing the building it will address much need public safety. did i mention we're keeping moscone in continues operation during the construction. well, the city is engaged in creating a new violation for our waterfront. 3 partnerships are focusing this discussion each looking at to recognize the project. pier 70 this is a 69 acre property in the dog patch neighborhood. it's operated a shipyard since the spanish a

. >> celebrity realtor jade mills took me on an exclusive grounds in toluca lake, california. hope was 100 when he died here in 2003. the main house is 15,000 square feet on five acres of pricey l.a. land. so this is the master suite. >> this is the master suite -- >> but it's really a number of rooms isn't it? the master suite has three, count them, three bedrooms. bob's wife dolores used them as closets. altogether there are seven bedrooms and eight bathrooms. so this is the library. the wood paneled library is where bob entertained some of hollywood's greatest stars but only two women were allowed inside his lair. >> there were two women that were allowed in. katharine hepburn and phyllis diller. >> bob built the house in the 1940s when he was number one at the box office. his daughter linda gave us the never before seen family photos of life at the hope home. you can see a putting green even a sand trap because bob hope loved to play golf. he entertained eight u.s. presidents here and played golf with many of them. bob had two swimming pools. one outdoor and one indoor. wh

armando covers how to find homes and buy them correctly; where to find the money; our contractors and realtorsnd investors. and one of the unexpected things i've gotten out of this education was a network of people that support me to win. thank you so much armando. the techniques that you've taught us and what it's done for us, it has changed our lives tremendously. i want to thank you armando because before learning your techniques, we were struggling, and now we have changed a lot of things in our lives. we spend more time with the family. and you changed us drastically. thank you armando for all your opportunities. thank you. thank you guys. thank you so much. check out these students who went to the live event. they decided to stop being average. they decided to work hard and to follow my system to the t. check out their amazing results. i have been a practicing real estate attorney in florida for the past 25 years. and being an attorney, i have a pretty analytical mind. so my daughter first brought this program to my

stephanie, another realtor had seen values in $3 million to $5 kblichblt now, zuckerberg affect. >> i think that i would make whatever price i could get. >> $14.5 million, feel free to stay if you like. imagine frustration of saira, living just a few more doors down the street. >> reporter: if you just bought one of these houses. >> i know. i know. >> reporter: so much for facebook friendliness. >> would you like these flowers? >> where he yes. >> reporter: nothing like adding a new front yards to your back one. >>> a home in belvedere sold last month for reported $24.5 million, built last year on an acre of land. it has seven bedrooms nine baths, a pool, spa, sauna, gym, wine cellar, theater and elevator. got to have one of those and views of the bay. records show the buyer is an investment manager a menlo park based portolla group. >> we need to go to a party there. call us, all right? we have more including new outrage over a lost dog in san francisco international airport. what one airline employee still ahead is sparking anger. >> i'm sandhya patel. i'll let you know when goitsin

the realtor added the medium home price is $3 million. so it seems that the sellers got a good deal and they can stay in the homes for now. kpix5. >> brian in for paul with what we can expect for the weekend. brian. >> we got a little bit of a warming trend on track for the bay area. tomorrow we'll have highs in the mid 70s, i promise, there's a bite in the air today. but, along the beach we'll be looking at mid 650s with low clouds. we'll be around 70 degrees around the bay. here's what is happening. has moved completely out of the state. high pressure begins to build in. we get a warming weekend, the numbers will be better than we had them today. the high pressure winds, weal still have a few clouds and with clearing sky, temperatures into the 40s, it will warm up a little bit tomorrow. near 80 degrees inland by monday. we'll look at mid 70s. 63 down at monterey. if you're headed out of the area, we'll be looking at 25. chicago has thunderstorms. back in the bay area tonight, santa rosa down to 46. san jose at 51 degrees. san francisco

this is according to the national association of realtors.al adjusted home sells dropped 5.6%. analysts blame higher mortgage rates and home prices. >>> "consumer reports" released its 2014 rankings for auto reliaility. japanese brands took seven of the top ten spots with lexus, toyota and acura taking the top three. and "consumer reports" says it's not recommending two of japan's top sellers. the honda accord v-6 and the nissan altima sedan. that's because of its poor reliability. >>> and a lot of folks are trying to figure out who is behind a mysterious barge floating in the san francisco bay. it's reported the barge is a google facility. it's stacked four stories high with shipping containers. there are reports the barge could be a floating marketing center for google glass or a water-based google data center. very intriguing, anne-marie. >> it is. sounds like something out of a movie. >> gigi stone at the new york stock exchange, thanks a lot. >>> coming up in sports, st. louis takes center stage. the cardinals host game five of the world

. >> realtors, it is the hassle some people looking for a mortgage are having, getting their tax returns verified by the irs. >> you need to call the irs and the irs is closed. they aren't answering. >> at the construction in rockville. >> you cannot facilitate us, it's really hard out here. we are hanging on by our fingernails. >> the sisters who own this three generation, $60 million, 250 employee road building company, worry about whether the feds will keep paying the bills if the shutdown continues. >> are we not going to get payment prospects? are we going to be able to afford paying our employees? >> we are planning on having shotguns and rifles mounted on the wall. >> and at united gun shops in rockville, it's the lack of a license that was supposed to have arrived from the bureau of alcohol, tobacco, firearms, and explosives. >> the office that mails you your -- >> it printed out and mail it. >> is shut down. >> is nonoperational. >> bruce leshan, wusa9. >> each day, we have been getting dozens of messages about the shutdown from viewers like you who are going over the wusa9.com

successful students of mine from a wide variety of different backgrounds, from teachers to truckers, to realtors and contractors, to attorneys, to stay-at-home moms and dads. many of my students started with little to no money and on a part-time basis. one of the reasons i have so many successful students is because one of the first things that we teach you at the event is how to find killer real-eate deals you can flip and how to find the best deals that you can hold on that create monthly cash flow. in fact, this property right behind me was a pre-foreclosure that i got at a rock-bottom price using one of my strategies that you're gonna learn at the event. this isn't just something i talk about. this is what i do every day, and this is what my students are out there doing every day. and this is something that can change your life forever. >> well, our eyes have been opened to amazing strategies that we didn't even know existed, and now our company is getting ller deals. >> now, i know what you might be thinking -- "than, don't you need money to be successful in real estate?" you see, that's on

. >> reporter: kelly mccormack is the realtor on both houses and says it's good now if you're a seller but buyers are seeing better signs too. >> either the lending environment is more conducive, you know, there's confidence building, there's a lot of purchases that were put off for many, many years finally there. >> reporter: and the stats bear that out. 273 luxury homes were sold this august, up 74% from the same time last year. luxury homes in this case mean anything over a million dollars likes these two. but walnut creek did not top the east bay's list for most ruskly homes sold in the month. that happened closer to the silicon valley. nearby danville pulled in the most luxury home deals in august with 28. fremont and oakland were next with 24. and san ramon and pleasanton were not far behind. >> it's nice to know that, you know, you're getting the appreciation back in your house. >> reporter: houses on hacienda are almost at prerecession levels. >> people just want to buy and stay, you know, raise their families. so that's what we're doing. >> reporter: for families not looking t

. >>> realtor website zillo says housing prices aren't rising as much as they were.ore homes are coming on the market and that keeps prices down. >>> and investors with deep pockets are pouring more money into startups, especially technical firms. >>> a massive manhunt is underway for two convicted murders who literally walked out of a prison in florida. someone filed fake documents with a florida clerk. the clerk then sent the paperwork to the corrections department to release the inmates. >> very dangerous, and they are actively being sought by every law enforcement agency in the state of florida. i have never seen anything like this. you have to give them an a for being imaginative and effective. >> one of the convicted murders was freed three weeks ago, and the other was let go ten days ago. >>> a federal air marshall has been grounded for aledged inappropriate behavior. police say he used his cell phone to take pictures under women's skirts as they boarded a plane. the they issued a statement saying . . . coming up on al jazeera america, that massive fire fight

the national association of realtors says 5.29 million homes sold last month. that's down from 5.39 in august. the national median price for all housing prices was just above $199,000 in september. that's up 11% year to year. >>> tomorrow, apple's ceo tim cook is expected to unveil several updates to. so of the company's -- updates to several of the company's devices. they are expected to sport the retina display. but apple has reportedly struggled to make the displays that fit the mini. some experts say that could result in a limited supply and translate into lines outside of apple stores when the new mini launches next month. >>> the 49ers' star linebacker aldon smith could be returning to the teen soon. after yesterday's win, jim harbaugh told reporters he might rejoin the team in the next couple of weeks. harbaugh added that he heard things are going well with his treatment. he's being reportedly treated for a substance abuse problem following his second dui arrest a month ago. once out of rehab, he's expected to turn himself into authorities regarding gun

now, one local realtor we just spoke with, who was very familiar with this neighborhood, is wonderingthe world would she want to do with this piece of property. >> not something i would like in my inventory. i would sooner not have a funeral home. >> palo alto on-line is reporting that ceo marissa meyer bought roller happengood and kinny mortuary. no one is thinking she's going to keep it as a funeral home. instead, the thought is that she would build something in its place. who knows what. higher density residential. up to 21 units. meyer already owns a house two blocks down that anybodies tell us is primarily just for entertainment, like a party for halloween, which appears to be setting up for, as we speak. a person lives in the apartment complex next door, not happy with meyer' sgigs to buy another property in this neighborhood. she says her big party, even though they do shut down in time, according to the law, are toobge disruptive for the neighborhood, many terms of all the workers coming and going. >> very intrucive. >> you're not happy. >> no. >> when she's facing the hills.

. >> and realtors, he says things are not as bad as she feared, but some home buyers are unable to get a shuttered irs department to confirm their tax returns. and that is jamming up their loans. >> where you need to call the irs and the irs is closed. that's an issue right now. >> still, some furloughed federal workers are using their down time to go house shopping. >> there's a little bit of an uptick. >> really? >> yeah. >> people are buying houses. >> ironically, the partial government shutdown could also help home buyers if mortgage lenders and bankers think the economy is going down, they might have to lower mortgage interest rates to get more business. thousands of layed off defense workers may have the time, but not the inclination to go shopping. bethesda faced martin, still plans to lay off 2400 people because of the shutdown. and there is no guarantee they will ever get their back pay. in bethesda, bruce leshan, wusa9. >> federal transportation safety officials will not be investigating this weekend's death in a metro tunnel due to the government shutdown. again, one worker

a realtor rosays this probably will not affect the neighborhood's home prices. the median palo alto home price is heading up already, the sellers market in this case even if you aren't looking to sell. >> if you're interested in a very particular piece of property, you know, maybe isn't on the market, then, you know, going up and knocking on somebody's door and saying what do you want for your property, that's very different than a seller who has a reason to sell. >> zuckerberg heard the developer wanted to build a mansion and market it being near the ce, o. the families he bought the houses from are living in the houses. >>> the pr response no one was supposed to see. after a major airline loses a dog at sfo. >>> plus, it was very cold. we slept under walks. >> walking for five days and nights, simply to get an education. how this bay area student literally walked to freedom to become the first in her family to go no college. >>> and just ahead, we have a look at your saturday forecast, starting out cloudy, but there's a silver lining behind the clouds, we'll h

aaron galvin, a realtor and one of fawn's clients, got a letter from his insurance company earlier this month. >> "by december 15 i need to go online to a web site that has been down the couple times i try to go on there, i need to view my options and choose a new plan. >> reporter: it's a new plan he didn't want with basic but required coverage like maternity care he doesn't need. galvin and his wife don't plan on having more babies. rich fawn wonders whether the law needs to be changed. >> it's fixable, but it might take some time and some people to give in to make those fixes take place. >> reporter: and he says he expects nine out of ten of his customers will be paying more for their health insurance. dean reynolds, cbs news, chicago. >> pelley: we noticed in the newsroom today that the poor woman who has been the face of the web site fiasco has disappeared. we never knew the name of the model on the welcome page, but she's been in most every story on the troubles of the web site. we noticed today the ordeal is over. this is the new page replacing the model are suggestions to buy in

i do know last week, wednesday, the san francisco association of realtors down at fort mason talking about this so your outreach was great because the turnout there with all the building owners and all the stakeholders was tremendous so i just want to congratulate you on your outreach in this program and working with all the other banks 'cause all the banks were there, everybody was represented and it was a very good event so i want to say i really appreciate your outreach on this program. it is for important. for better or worse we live in a n seismic active city. i want to thank you for all your efforts over this /pa*sz past year. >> thank you commissioner. >> i believe you all have a postcard in front of you. obviously it's a marketing challenge to get all the details of an ordinance into a 3 by 5 card there. it has a link to our website which is www.sfcaps.org. >> do we have public comment on item number four? seeing none, public comment is closed. any other commissioner comments? this is great. i really appreciate you coming and talking about this. like i said, it is very import

the national association of realtors take all those factors into account in its monthly home affordability index. this is the way it's look like in the last year. it shows nationwide, affordability has come down from last august to this august. that means more americans who have good credit, 20% down who qualify for a 30 year fixed rate mortgage can't afford to buy a home where they live. the obvious culprits are rising home prices and higher mortgage rates. now not all markets are the same. real estate is always local and trulia a real estate mortgage firm has crunched numbers for 99 markets across the country. those figures show california, massachusetts, new york even austin, texas are pricing out middle class buyers. 50% of the houses for sale are beyond the reach of america's middle class and that is a worrying trend. jud kulco is joining me now, on why owning a home is less of a reality for middle class americans. jud good to see you. let's use boston as an example. a year ago, more than half the homes in boston were affordable according to this measure. now it's down to about a thir

local realtors say they anticipate a slow down backlog of bank loan approval. that is because the government shutdown is delaying information needed from social security and the irs to verify a borrower's identity and income. >> a lot of people are unsure of what is going to be happening with their financing. that is something that is unsure in the market right now. they want to know if they are coming to the table, if they have cash, are they going to be able to get the financing for the houses? .com,cording to wallethub maryland is ranked sixth of states hardest hit by the shutdown. >> president obama has made his pick for who should succeed ben bernanke as chair of the federal reserve. history could be in the making. the president will nominate janet yellen to the post officially tomorrow. yellen would become the first woman to have the powerful fed. she emerged as the leading candidate after lawrence summers withdrew last month in the face of rising opposition. >> a connecticut woman killed after leading police on a chase and the u.s. capitol was carrying a

i was looking really hard and working really hard with realtors who a lot of them gave up on me because it was so difficult to find an accessible home here in the city. of course my nervous were really kicking in and after 3 years i finished graduate school. i finally found a home which was a tic option on 89 sanchez street. and it was a ground level apartment. this home surprising to me was actually at the sidewalk was really where my wheelchair was and i was able to get inside the house and even see the house before i purchased it. i didn't have to make any kind of renovations or put a ramp or nothing. i was very lucky. so on that note, i just want to say that i have worked extra hard to get an education and i as a disabled person refuse to depend on the government. i wanted to be independent in every angle of life possible including financially. so, the despite that i was able to have this house and able to give all the money i have saved with this settlement that i received as a down payment, i was extremely happy. you cannot believe how happy i was because for people with disabilit

the national association of realtors reports--its pending home sale index fell 5.6% in september. the chief economist for the n- a-r says it suggests homes sales will be lower in the 4th quarter. higher interest rates on mortgages, higher home prices and the government shutdown are blamed. one year ago, superstorm sandy unleashed deadly force across the northeast. it killed 117 people. and the storm's 68- billion dollars in damage is second only to hurricane katrina. the red cross received about 308-million dollars in donations. it has spent about 90-percent of that. now, it is providing about 60-million in grants to nonprofits helping with home repairs and other long-term recovery needs from new york to west virginia. "now, we've moved on to another phase of recovery. we'fre helping people with rental assistance access to case workers. we're also involved with helping people deal with mold remediation. for the next year or so, you'll see that's what we're concentrated on." there is still a lot of work that remains. in new jersey, 26-thousand residents are still out of their homes

the greater las vegas association of realtors reports the 19th month streak of rising prices. has ended-- at least for now. the median price of a single family home was $180,000 in september--- down 1.1% in august. but still up 28% from a year ago. the ticker symbol for tweeter home entertainment was swiftly changed because investors confused the bankrupt home entertainment retailer with social media company, twitter. the confusion is understandable -- tweeter's old symbol was t-w- t-r-q. it is now t-h-e-g-q. tweeter stock jumped a staggering 18-hundred percent friday. social media giant twitter is readying an initial public offering and will soon join the market. still to come: the cost of divorce costs . how a bitter breakup can hurt your future... plus, 100 dollar makeover... the amped up security on the new bill. and...is paying with cash costing you more... bill moller reveals why after the break. i'm going to pass chemistry, and i'll take it from there. i'm going to do what makes me happy. i'm going to work hard. be independent. live large. make the most of every opportu

the national asociation of realtors reports home prices have risen nearly 16% in 25- cities over the past year. while financial website interest-dot-com reports incomes rose about three percent. discouraging, to luisa fonseca's sister. "she has to scale back. she's looking at cheaper homes that she can afford." putting home-buying on hold for others. "waiting and getting money together, hoping it (price) goes down." san francisco, an expensive market already, got even pricier. when the median--as many above as below, home price last year of 552-thousand, 600- dollars...rose this year to 706-thousand, 300. an increase of 153-thousand, 700-dollars. a big bounce, unlikely to repeat, next year. "it's gonna be less than 16%, next year. so you're better off saving, maybe paying a slightly higher rate but be in a stronger position." and there are options. "there are program with 10% down, there are programs with 3% down, but your credit drives that 10% product." "if you want to own your own home, you're going to have to have more liquidity because your wages aren't going to keep up to the m

tight overall that 33% of homes purchased in september were paid for all in cash according to the realtors. that share is usually less than 10%. this as new mortgage rules that could tighten credit even more go into effect the first of next year. couple those with the settlement, and banks have plenty to fear. >> if they're going to go after you for helping the government out and taking over distressed institutions at a time of crisis, then why do you have any confidence that they're not going to go after you for some technical violations of the dozens of new rules that have come down? >> reporter: the $13 billion settlement reportedly includes $4 billion in consumer relief. sources close to the matter say details on that are still being hashed out. it would not include direct payments but could include debt forgiveness to borrowers, something the bank is already doing. >> i look at the $4 billion as just another -- a headline used. nothing really -- i don't think that's a big number. i don't think there's nothing there, basically. $4 billion soft dollars, probably stuff they already did a

that is land that would cost a reputable realtor dealership today $7.5 million.alas, his daughter sold the land. she did not have the learning, the education or the stature to realize that she should hang onto that property and pass it to a member of her family. so two very handsome white pillar houses on the property right now, and you'll find julia as an image on the spine. by the late 19th century, the manor belonged to a man who had married into the family not once but twice. he fathered four daughters. she died, the wife, and he married the sister, something that happened often in 19th century life. he was a harvard professor, a nutritional chemist. he made several fortunes, one of them the mindset that i mentioned off the coast of -- one oh is bertman neuer -- off the coast of south america. he invited the whole of cambridge and tell -- candidates over their under the peachtree is sarah, the great short story writer and her lover, any fields. and they're walking hand in hand, and sarah is writing a poem which the horse would love. they were fond of celebrit

we sent him, and we expect him to do the job we elected him for jierpt realtor jane ebberts was one of a group of constituents we spoke to. they all support shutdown. aren't you worried that the longer that the shutdown goes on, your business could start to feel it? >> certainly i am. but i'm more concerned about a default on unbalanced budget, continued responding. >> reporter: you're willing to risk short-term financial pain now, rather than suffer long-term financial pain? >> of. >> that is exactly right. >> vic galef is a retired businessman. >> i believe the shutdown is a good thing because it will hopefully get people to come to the table. at the moment, i don't see people talking. >> reporter: but they all agree the shutdown has to end by october 17, the deadline for congress to decide whether to raise the debt ceiling. ken fernandez is president of the carbier's chamber of commerce. >> it would be suicide for our nation and our economy, as fragile as it is right now, for them to go and not up the debt limit. >> reporter: if october 18 comes and the government is still shut down

. >> reporter: realtor james yang says this probably won't affect the crescent park neighborhood's home prices. he says the median palo alto home price is heading up already. it's a seller's market and in this case, it's true even if you're not looking to sem. >> if you are interested in a very particular piece of property that, you know, maybe isn't on the market, then, you know, going up and knocking on somebody's door and saying, you know, what do you want for your property, that's very different than a seller that has a reason to sell. >> reporter: the "mercury news" reported zuckerberg heard a developer wanted to build a mansion and market it as being near the ceo. paper says the billionaire does not have plans to build a larger pad and the families he bought them from are still living there. >> they did a good job keeping the wraps on everything. >> reporter: he says it's not uncommon for sellers to have nondisclosure agreements in high-profile sales. that was evident when this former homeowner who sold his house to zuckerberg told he is he had to keep quiet. what else would you e

thomas is the president of the national association of realtors.he has been in the real estate business for more than 35 years. mr. paul stevens is the president and ceo of the investment company institute. previously he served as special assistant for the national security affairs to president reagan. mr. keating, you may proceed. >> chairman johnson and ranking member crapo, i am frank keating. i previously served two terms as governor of oklahoma, and recently was a member of the bipartisan policy center's debt reduction task force. i appreciate the opportunity to discuss the need to raise the debt ceiling and the consequences of failing to do so. let me be clear, we need to meet our obligations and not create any uncertainty that we will do so on time, every time. in this country, our word is our bond. the respect and admiration of the united states and its institutions inspire around the world are based on the certainty that when our nation makes a promise we keep it. ordinary americans will bear the brunt of the damage if our leaders do not p

realtors tonight at 6:00. it is putting the fund back in the game for an awful lot of people caree global health company has announced a newly developed malaria vaccine that could help protect children for a year or more. cutses show this vaccine the number of malaria cases in half after 18 months. it was only 25% of effective among infants. experts believe the vaccine when paired with the use of mosquito nets, insecticides and anti- malaria drugs will save many of the 660,000 people that die from malaria every year. people in 18 states have gotten sick after eating chicken contaminated with salmonella. they are from foster farms in california. no recalls have been issued but the products were distributed in california, oregon, and washington. reps say that they can't conduct investigations and lab work to try to link outbreaks across state lines. months into a federal investigation, health officials have identified infants they say may have been exposed to eight tuberculosis. baby hadew that a tuberculosis un