says she refused and when barcenas put the gun down, the realtor ran to a nearby house. but not every realtor is so lucky. many agents showing houses are often alone and vulnerable. in the last 10 years more than 20 real estate agents have been murdered, according to the u.s. bureau of labor statistics. >> morning. >> reporter: janice tisdale knows the fear. the san antonio grandmother and realtor was attacked by someone posing as a customer befe being rescued by passers-by. >> i was screaming. and i just thought you're dead, janice, you are dead. >> reporter: nowadays when janice shows properties she brings this beretta tomcat. a reminder that the old rules of real estate still apply, it's all about location location location, not getting caught in the wrong place at the wrong time. rebecca jarvis, abc news. washington. >>> still ahead on "world news tonight," stop in the name of the law. why this toddler got pulled over. what his mom is saying about it. in the past. i hadn't been successful. quitting smoking this time was different because i got a prescription for chan

the realtor told police that he was going through paper work with the woman when she pulled a gun from diaper bag. he was able to distract her then run away. police caught up to the 25-year-old amelia and arrested her. she's facing charges of kidnapping aggravated robbery and criminal mischief. >>> well parents and students at a missouri high school are stunned after school officials say mail students shared nude pictures of their female classmates. >> those eight boys are now suspended much the girls just got a verbal reprimand and police are investigating. students say the girls sent nude pictures of themselves to the boys who then teched them to other students and posted them on twitter and instagram accounts. those accounts are now wiped clean. right now it's just a school issue but police say they're looking into it. and they say this is a prime example of how what's posted on social media can go viral and last forever. >> times have changed. we used to write notes and pass notes back and forth. now they're sending pictures and images back and forth on so many different venues of

the realtor said it was priced too high at $1.45 million. the bigger problem may be this.much every potential buyer has the ability to find out every last detail about every house, every comp every block of every neighborhood and most buyers are suspicious and just trusting given everything we've seen in the housing market over the last decade. a house today is likely to go stale faster nn the past. that has a big consequence. >> if a house doesn't sell the first few weeks, sometimes it doesn't sell the first few months and really sits on the market. that means the inventory crisis everyone is talking about is actually much worse than people realize. there is a small segment of real estate people are actually willing to buy. >> redfin estimates 70% of the homes listed today are, quote, stale. on for more than 30 days. in some markets like charlotte, it's worse. 95% of the market stale. even though we saw a slight bump up in inventory from february to march with realtors saying there are 2 million active listings the number of desirable viable homes may be far less. >> yike

if you are hoping to rent a home this um iser realtors say you better get moving because many of the rental properties at popular shore towns like sea isle city are already taken. however, agents say with the boom in new construction over the past few years, vacationers still have some options. they say they still have have many homes, boosting five and six bedrooms, complete with deck pennsylvania space and garages. if you have not even started looking yet time is running out. >> now that the weather is turning, we're definitely getting busier and yes now it is time to get town here if you want selection. >> realtors add if possible, it is best to visit towns like sea isle city to see potential rentals in person but you if that is not doable check out the majority of the listings on line. >>> the mayor of philadelphia right there michael nutter kick off the eighth annual philly spring clean up today at vernon park in germantown. volunteers spent this beautiful sat the day picking up litter removing graffiti and paving park benches throughout the the city. last year tens of thousands

this house is now what realtors call stale. that is unsold for more than 30 days.and in fact nearly three quarters of the homes listed today nationally are stale. that is according to real estate brokerage red fin. in some markets like charlotte, it is far worse. 95% of the market is stale. >> if the house doesn't sell in the first few weeks, sometimes it doesn't sell in the first few months and it sits on the market and that means that the inventory crisis that everyone is talking about is actually much worse than people realize because there is a small segment of real estate that people are actually willing to buy. >> but homes are actually going stale faster than ever today. why? because of this. information. ump s that give every potential buyer to find every last detail about every house and every comp and every block of every neighborhood so they know literally in seconds if a house is a good buy. >> so you do have the new american home buyer that is nerdy and data driven and the new buyer knows more than her algt. >> and today's buyers are not only nerdy, bu

if you are hoping to rent a home, realtors say you better hurry. that is because many of the rental properties at top shore towns like sea isle city are already gone. however, agents say with a boom in new construction over the past few years vacationers still have options. they say that they have many homes, having five and six bedrooms, complete with deck space and garage space. if you are dreaming of spending those hot days on the beach, you better start looking right now. >> now that the weather is turning, we're definitely getting busier and yes, now it is time to get down here if you want selection. >> most realtors add if you can it is best to visit towns like sea isle city to look at the properties in person but if that is in the possible a majority of the listings are on line. >>> philadelphia mayor michael nutter kicked off the eighth annual philly spring clean up today in vernon park in germantown. volunteers spent this beautiful sat the day picking up litter, removing graffiti and painting park benches all throughout the city. last year

police say this woman tried to kidnap the realtor. what she pulled out of her diaper bag. >> and strange tire tracks, footprints around her home, kept one bucks county woman up at night. cameras help get to the bottom of the mysteriment fox 29 investigate steps in to make it right. >> and putting on a baseball uniform, for unique opening day. now, this is no major league game. the unlikely place fox's charlie leduff, on a story you may never forget. >> phillies may have got answer break with their ability on the trading of cole hamels. they actually all coming up in sports. >>> a man shot last night in frankford is in critical condition. police say he was shot twice in the back and in the neck and chin. he was returned from the scene of the 4700 block of dara street to temple university hospital just after 10:30 last night. philadelphia police are still investigating so far there have been no arrests. >>> tire tracks, footprints in the snow around your place enough to make any home -- >> absolutely. bucks county woman set up cameras t

the realtor told me from going to turn it up to full volume. >> okay. all right. >> well.y gosh. >> zero, my god. this insane would run that is just massive. they turned the entire attic into their own apartment. >> they have a jungle gym in the house. i don't even know. what is happening right now. >> it is not a jungle gym at all. >> you're kidding. zero, my gosh. you can go up the flight of stairs and onto the roof. bill: how much is this? >> three to $4 billion. ♪ >> remember this spot? it used to be wind. unless into a free demo demo back to dallas summer. the 1st was to figure out. not seeking reelection. you can known a peace of new jersey political history which is 399 grand. ♪ bill: hank, show us your meatballs. >> mirabella meatballs. >> you get thrown through a loop. ♪ >> a, everyone. ronica here chasing governor christie across the state and beyond. well, i am outside of the us department of state where the governor just let us question-and-answer session. >> the number one place were in the midst of energy renaissance. we develop them not only for each country

at first a chicago realtor didn't think her car was that bad, but then she brought her twooich altima to a mechanic. >> just crumbling rust floorboard come eight part. >> you can put your finger into her car. >> oh yes. just blown away in pieces. smoor the bottom of the car is rusting, crumbling actually from the inside out. it's not just on this side on the driver's side it's also over here on the passenger side. >> yes, which makes me think it's a drain issue because over here they have some kind of little divot. >> reporter: unfortunately it was worst than we first realized. when he pulled the carpet back the hole was big enough to fit her foot through. >> i'm not fred flinstone. this is not a good thing. this is not safe. i drive every day for a living. this is nerve-racking for me to be driving now. >> reporter: she's not alone. in kansas city our nbc affiliate found other altima drivers with similar complaints. several nissan owners sald they had no idea the problem was dividewide spread and figured they were unlucky. including jeff with a 2002. >> you can feel it's soft right h

. >>> and paranormal prank leaves realtors reeling. >> as soon as they lock you in somewhere and stuff starts spinning around that's when have you to go. >>> wingsuit pilot is about to take a line that we are actually very familiar with. he's a pro. been doing it for a while. this is a line made very famous a few years ago with the video grinding the crack. >> it does make you want to pack your bags and go. >> this is just beautiful. >> demonstrating a conservative line for the first timers right behind him that are about to jump as well and go on the same flight. to the expert eye what he's doing looks very safe. everything looks great. he's doing a good job. he's obviously trying to put on a good performance for the first timers behind him, right? everything goes exactly as planned up until right about here when he pulls his chute. >> he's spinning round and round and round. >> yeah. he pulls his chute. his lines are twisted. before he even has a chance to untwist them, the winds drag him and crash him right into some trees. he fell 15 feet through the trees on to a ledge that he's a

. >> did you hire a realtor to find a subletter?at i didn't do. >> it sounds like you didn't do everything. when you and i made the deal, i was very clear with you. i asked you to do one thing, and that was get out of the lease. i told you that in the negotiation. i told you when we went to look at space. i told you several times. one thing. >> yeah, but that one thing is challenging. that one thing's very difficult. >> if you didn't agree, and you thought i was being unreasonable while we were negotiating or while we were telling the employees about what was happening, why didn't you tell me then? you're telling me now because you failed at it. >> you're asking me to jump through a ring of fire. >> you're making me out to be the bad guy. what did i do? you don't like the deal that tina got. you're seeing all these good things happen. you're off distracted looking at somebody else's business, and you're not focusing on everything over here. i wanted you to prove to me that when we're partners and i'm not here, that you can run the b

secondly, i really need this to go well so he makes me his realtor. this guy's flipping properties like they're extras in a kung fu movie. so you're just kissing up to this guy for his money? not just. i really like him. he travels the world doing charity work rock climbs, flies planes... how does he have time to do all that? got divorced and his whole life opened up. guy's living the dream. his dream. not my dream. i'm living my dream. you're my dream. you can stop. i so don't want to do this. recently, haley got a little creative on one of her college applications

. >> reporter: realtor kevin wants you to consider this. >> 20% of the buyers are coming from china. >> reporter: and only half of them are choosing tony the homes. >> they are coming in with all cash. >> reporter: they now print brochures in mandarin. >> they are happy to park their money in a safe investment and they are not worried about losing money in rentals. >> reporter: leaving some neighborhoods owned but spookily emptied. andria borba, kpix5. >>> joe montana is moving into the marina in san francisco. he and his wife jennifer just bought this two-med room condo on bay street. price tag? 2.3million. it has wood floors, arched windows an doors and almost 1900 square feet of space. the couple will share this back patio with their upstairs neighbors. >>> well, a test model of an ipad was missing tonight. it was stolen. but the alleged crooks didn't know what they got their hands on. the couple is behind bars accused of luring a man they met through an online ad. pulling a knife on him, ransacking his place in cupertino, and stealing $7,500 worth of his stuff including the ipad

the median sale price of a single family home in march jumped nearly 9%, according to the realtors that is more than twice the gains of a year ago. >> i think people are a little surprised when they first start the process. they are thinking the market is what it was, say, four or five years ago at the bottom. and they are surprised to see what the prices are. >> prices are being driven by very short supply of both existing and newly built homes. surge of 2 million homes for sale representing just over a four month supply six months is considered a healthy market. >> the number of listings is really not sufficient to the number of buyers that are out there. >> prices are also being juiced by more low down payment options. the fha, the government ensurer of home loans lowered the premiums at the beginning of the year and fannie mae and freddie mac launched new loan products g 3% down. as of last month freddie mac allows the down payment to be gifted. in other words, no homeowner skim in the game. the new options are behind a jump in montgomery applications to buy a home compared to a yea

. >> realtors say it's best to visit any potential rental in person, if that's not doable for you, the majority of the listings online. >>> officials are working to put guidelines in place for uberrer. partly of the agreement would deal with the level of background checks uber drivers would have undergo. uber using cell phone apps to connect drivers with customers who need a ride. >>> it's the grand finale and centerpiece event of the subaru cherry blossom festival in fairmont park. it kicks off at 9:30 in fairmont. >> that looks good. >> heartbreaking discovery a storm chaser is on the job after he finds his own child home in ruins after tornados sweep through illinois. >>> now we're looking live on sky6 live hd temple university camera looking over center city, blue skies, chris sowers has the exclusive accuweather seven-day forecast when we come back. no. not possible. we're the settles! when we go on vacation, it's hard to find, like, those little activities that are kind of fun and educational. i think with williamsburg, you have all of that educational part rolled into the fun. i

>>> the routeful realtors are here. the mega deal frederick just did with j lo. >>> now

here's papa -- patricia from kentucky, thought the realtor was calling and won $1 million.round it out with the number 2. for your winning powerball numbers we have 1 tonight and the power play multiplier 3. one more look at the tonight's winning numbers from all of us here at the florida powerball studios. have a great night and see you back this saturday night. we just had the best family vacation. really? there were fights breaking out in the street, angry mobs the whole place was like a war zone. it was fantastic! what about the kids? we shackled them to a post in the middle of town. i don't know what they loved more the shackling or the pool. my money's on the shackling. with so much to do stay where the action is. book one of our hotels at colonialwilliamsburg.com. music: etta james "at last" (plays throughout) ♪♪ sometimes, at last doesn't happen at first. ♪♪ ♪♪ your dad just kissed my mom. ♪♪ turning two worlds into one takes love. ♪♪ helping protect that world takes state farm. >> jeff here with sports. the flyers had a big game well not as far as the playoffs are

>> reporter: before you throw your remote and blame more of the bay area housing crisis on tech, realtor kevin de leon wants you to consider this. >> probably about 20% of the buyers are coming from china. >> reporter: and only half of those chinese buyers are choosing to live in the homes they have purchased. >> they are coming in paying really strong prices generally all cash. >> reporter: de leon and his team now print brochures and make videos in mandarin. it's at hot new trend for them to have a house in the valley. >> it's a good investment and they are not worried about losing $10,000 a month in rentals. >> reporter: leaving some neighborhoods empty. in palo alto, andria borba, kpix 5. >>> a 175-pound black bear now back in the wild after wandering into the backyard of a southern california home. one woman's dog started barking at the bushes outside her home on monday night. she figured it was a raccoon maybe a possum or something then yesterday morning she and her family realized it was a much bigger deal. >> it was actually a bear, a real bear. >> he got in the backyard over the

. >> and i probably should ask the realtor, but how long is this property -- is this property vacant now? >> i believe it's been vacant for some time. >> thank you. >> thank you. >> mr. sanchez. >> thank you, scott sanchez, planning department staff, welcome, commissioner swig. the property is located within the rh2 zoning district. the subject prompt underwent neighborhood notification last april. during this time there was one discretionary review request that was filed. in addition there was a mandatory review because of demolition and construction so a mandatory discretionary hearing was required. the hearing for this was held at the planning commission last july, there were two hearings, one on the 10th and one on the 24th. on the 24th the planning commission approved the subject project. in that hearing they removed the third story. most of the arguments that have been raised here deal with the question of relative affordability and the requirements of section 317. section 317dc3 lists not just one criteria but 16 criteria. we review it not just against the requirements of sect

. >> reporter: this realtor will put you in 945 corbitt number 305 for a million. >> we keep saying really? you know? wow. >> reporter: checking european castle listings as the website did can make the insane san francisco real estate market seem even more insane. >> the oldest parts of the castle date all the way back to the 7th century. >> reporter: up where you can't park on wednesday at corona heights we're talking 20th century and expect more than the $2.6 million asking price. >> very low inventory a lot of enthusiasm about san francisco in general and not enough places to live. >> reporter: castle inventory much greater. >> the castles in europe don't have silicon valley, they don't have kind of the great restaurants we have, you know, not walkability. >> reporter: demand remains sky high. you can be the king and queen of a real castle or one with a laundry room down the hall. mike sugerman, kpix 5. >> but you have to heat that castle. demand for san francisco housing the strongest in the upper end of the market which is over a million dollars. >> they don't mention the upkeep on th

. >> how much did you save or not going with a traditional realtor?verall we saved $26000 and now it can walk down the aisle. john: they saved by selling through a real estate brokerage called redfin. how does that work? >> people say that the world should take notice. we have 10 million people using this website every month and we try to use technology to make things better and faster and more efficient. we say people tend to $15,000 when they buy and sell a home through us. john: there are internet companies which just list things and they are great. but you still use agents. >> yes, we have our own agents because all of the efficiency that the website creates for us we want to pass on to the consumer. if an agent and software work together that's the only way the you can attack that its% commission and make a real estate better for consumers. john: a year after his company began, they caught a break when 60 minutes interview them. >> we have refunded over $3 million to our customers. >> refunded? >> yes, when we are the buyers agent, we take our co

describe wounds to fester report roar the statement of genocide was quickly condemned by turkish realtor was formed out of the remnants of the empire is deeply protective of its shared history. the turks long resisted widespread calls to recognize the killings during world war ii as genocide. most non turkish historians in countries do regard the massacre as a genocide. the us, however does not despite past support in congress to do so. washington is long feared angry in its nato ally turkey by labeling eight genocide. connor powell, fox news. >>> in tennessee nellie had his mug shot taken. they found meth, marijuana and guns on his tour bus. they pulled over the bus for not having trop proper stickers on a highway. officers say they smelled pot so they search the bus. nellie's attorney says the drugs did not belong to the rapper and 20 people had access to that bus before troopers pull it over. >>> at walt disneyworld a crash in one attractions killed a person. the orlando resorts exotic driving experience let's you drive exotic muscle cars while an instructor rides shotgun. well today

that is according to a report from the national association of realtors.st year were vacation homes that is the highest level of vacation home purchases since 2003 the most popular location for those looking for a second home is not surprisingly the beach. experts say popular vacation spots like the beach in mountains could use the boost since the 10th have a slower economic recovery pace. ♪ ♪ ♪ >> reporter: we're back now timeous the phipps ifs 6:56 a.m.. baseball is tonight's game is this exhibition is fun to watch it your coming from the east bay instead of driving just take the ferry. we get very service to the ballpark and might make a little bit easier to get in and out of att part plaza and the traffic can get pretty jammed on game nights. >> reporter: adding garies world will be chatting about the bay bridge. will also had 7000 the police officers heading to san jose this morning to pay their final respects to officer michael johnson. will it have more on what chicken expense on the memorial service and the procession route. and a man has video of

purchased vacations homes last year compared to 2013, according to a report from the association of realtors the highest level of home purchases since 2003 and the people looking for a home is not surprisingly the beach. mayor michael nutter did the honors cutting the ribbon at the tasker village apartments located in the point breeze section of philadelphia the 28 unit s units can an estate travel credit paid for the renovations. >>> all right time for accuweather at the "action news" big board it doesn't get better than this. >> what a day people are out enjoying it rick. did i see you running? i want some proof of that. stormtracker 6 live double scan showing that we do have sprinkles right now in northern lancaster and northern berks they are lifting up to the north and we have winds to the south and that is what is really bumping up the temperatures inland. so far the high is 66 trenton 64 we were talking about this yesterday, we have the winds off the ocean and the ocean temperature is cold, so the breeze is cold. temperatures along the shore points in the upper 40s to 50 degrees, it's

the realtors say they would like to keep the sales pace at 5.2 million. years but they'll only be able to do that if they can get more inventory on the market. sellers not listing homes because they're concerned they can't find anything else to buy. they inched back in march. still not strong. realtors expecting if prices don't go much higher, the buyers won't come back. if we continue at this rate we're not going to see them in the market. >> breaking news on the housing. a tale of two fast food stops this morning. former stock market star chipotle down. concerns that growth may be slowing for the mexican grill. mock mcdonald's training high. joining us now, nicole miller and restaurant on the analyst. >> good morning. >> this is one of the strongest results in the restaurant industry. exceptionalal exceptional is what they're calling it. it's clearly not high enough to meet expectations. >> today would be a great day to buy the stock here. we're not worried about the stock. it's the strongest management team. the culture is the best to transfer ability

i was a licensed realtor when agency disclosure first came in. this was in the mid-1990's. you had to declare whether you were a buyer's agent, seller's agent, there have been positive changes that have happened for the consumer in that industry over the last 20, 25 years. the irony in this particular situation is that affiliated companies, those companies that may have been started by the same people, that's the definition, by the way. so i might be a small business owner who owns a real estate company, and i start another company dealing with title insurance, that now -- because i found my tax form is an affiliated company, i can't do or charge what an unaffiliated company could do. i might buy the argument that was made earlier that -- you know these companies can charge whatever they want to charge, but i can only buy that if my friends on the other side of the aisle would be willing to apply equally the law. the law does not apply equally here. it does not do what they claim that they are trying to do. the other element that has been talked a little bit, this is so rid

that data from the national association of realtors.en bernanke has another consulting gig joining pimco as senior adviser, where he will engage with clients. earlier in the month bernanke he signed as advisor to citadel. japanese prize minister -- prime minister shinzo abe speaks today to a joint session of congress the first japanese prime minister to do so. >> goes far beyond just economic benefits. it is also about our security. cory: abe also expressed deep repentance for japan's aggression in world war ii, offering condolences to the families of americans who died in that war. perrigo rejected the latest takeover offer from mylan. the perrigo deal would be mylan's biggest yet. it would help the company from being taken over by israel's teva. strong ratings for the ncaa tournament. hbo did profit slightly. now to the lead, it's twitter in trouble or is it a business that is misunderstood? shares getting hammered today down 22% of the company's earning report slipped out earlier than expected thanks to shareholder.com. the reason sh

existing homes hitting their highest level in 18 months according to the national association of realtors. job growth, low mortgage rates, and springtime weather helping to boost sales. president obama says many of his fellow democrats are wrong in their opposition to trade deals. the president wants fast track powers to approve trade proposals including the transpacific ownership and the president is finally unlikely allies like the cognitive debtor public and congressman paul ryan. paul ryan: i think he is going in the right direction with these trade agreements with asia and europe. we just ruled out trade promotion authority, a bipartisan bill we are moving through the house and the senate committees this week. it is essential and necessary to get good trade agreements and that is why we're doing this. emily: ambassador says he does president obama and the prime minister will be able to announce an agreement on the transpacific trade do next week when he visits washington. staying in japan, the company -- after a drone landed on the roof of prime -- of the prime minister's office. tra

. >> realtors add it's best to visit towns to see the rentals in person. if that's not doable you can check out the listings online. # >> topping this morning's people scene rapper they nelly has arrested on drug charges. tennessee highway patrol pulled over the bus because it was missing a sticker. troopers approached the bus they could smell marijuana they found methamphetamines and several handguns, as well. >>> justin timberlake is now a dad. he welcomed his first boy yesterday. mom and baby are doing well. >>> championship scientists from chester county are going to have the experience of a lifetime. they are not going to disney world they are going to thailand. >> when you walk down the hall with a cup of coffee, it sloshes a bit. these problems don't have definitive answers and that's our job to do. >> reporter: phoenixville high school is trying to answer 17 confess as part of the physics world cup. five students will travel to thailand to present their findings, the u.s. has not been represented since 2007. when it causes motion in the brush. >> r

opponents, including several realtors associations say it puts an infair expense on homeowners. >> you can be talking thousands and thousands of dollars. >> reporter: this man, who runs a chimney sweep business says it will hurt his bottom line. >> all my clients burn wood. 80% of them burn wood. so these clients i would lose that percentage of my clients. >> reporter: the air district wants to call for burn ban days farther in vance and for longer periods of time. there are seven more workshops like the one tonight. including one tomorrow night in napa. ken, back to you. >>> people passionate about fireplaces, back to you. >> closed for construction. detures along one of san francisco's busiest roadways. >> tracking the rain that will wake you up tonight, and mess with your morning commute. >> almost a no hitter. all the way to the 8th. a's fans leave their opener in a sonny mood. >> camera catches a hot pursuit in progress. see how it all came to an end. mmmm, they made french toast out of banana bread, then topped it with candied pecans and bananas? it's like a match made in heaven.

realtors say that could be because fewer americans are listing their homes for sale leading to biddingin some places. on the flip side consumer confidence seems to be taking a hit. dropping in april to a level far below what economists have predicted. taking a live look at the dow. it is up about 69 points. the stocks higher thanks to a rebound in the health care sector. >>> russian cargo ship headed for the international space station runs into some trouble. steve harrigan joins us live from miami. steve. >> reporter: jenna, the russian space agency has been trying to re-establish contact with this unpiloted cargo ship. so far they haven't been able to do so. it's going to passion over the russian land mass again today. this cargo ship is carrying 6,000 pounds of supplies mainly food and fuel for the international space station. it lifted off from kazakhstan. shortly after it lost orbit they lost control. depending on which country is doing the talking, it's going to be lost or spinning out of control. nasa says it poses no problem to anyone. either they'll gain control later than the

secondly, i really need this to go well so he makes me his realtor.g properties like they're extras in a kung fu movie. so you're just kissing up to this guy for his money? not just. i really like him. he travels the world doing charity work rock climbs, flies planes... how does he have time to do all that? got divorced and his whole life opened up. guy's living the dream. his dream. not my dream. i'm living my dream. you're my dream. you can stop. i so don't want to do this. recently, haley got a little creative on one of her college applications and listed h

. >> reporter: bad idea, says realtor dan hendle even though he says it's probably true. big commercial owners could afford the tax. >> they could we could also take the chance that some of these large corporations that are feeding this frenzy and why a lot of people want to work and live here could decide to move out of the city or out of the state. >> reporter: the proposals would not directly affect small businesses. but the $500 million bond piece would slightly raise property taxes for homeowners. >> not another tax or fee for us. there's only so much that we have been able to bear. >> reporter: mayor lee has put together a roundtable of city leaders to try to come up with a different plan, one that would not raise property taxes to the tune of $250 million. avalos says that's not enough. that's why he has doubled the mayor's proposal. reporting live in san francisco, joe vazquez, kpix 5. >>> emergency action approved today on california's drought. starting january 1, faucets and toilets sold here will have to use even less water. here's an example. bathroom faucets

>>reporter: realtor gayle pruneo will put you at 945 corbett number 305 for a million. >> we keep seeing, really? wow! >>reporter: the website up and out can make the insane san francisco real estate market seem even more insane. >> the oldest parts of the castle date all the way back to the 7th century. >>reporter: where you can't park on wednesdays in corona heights, we're talking 20th century and expect more than the $2.6 million asking price. >> very low inventory, a lot of enthusiasm about san francisco in general and not enough places for people to live. >>reporter: castle inventory apparently much greater. >> the castles in europe don't have silicon valley, they don't have kind of the great restaurants we have, not walkability. >>reporter: demand remains sky high. you can be the king and queen of a real castle or one with alandry room that's down the hall. mike sugarman, kpix5. >> well, demand for san francisco housing is strongest in the upper end of the market which is more than a million bucks. >>> coming up they're among the best in the game. we sat down with two of the toughe

>> reporter: before you throw your remote and blame more of the bay area housing crisis on tech, realtor de leon wants you to consider this. >> for us probably about 20% of the buyers are coming from china. >> reporter: at only half of those chinese buyers are choosing to live in the homes they have purchased. >> they are coming in paying really strong prices generally all cash. >> reporter: de leon and his team now print brochures and make videos in mandarin, the hot new trend for chinese is a house in the valley. >> they are happy to have the money in a good investment and not worried about losing $10,000 a month in rental. >> reporter: leaving some leafy neighborhoods owned but empty. in palo alto, andria borba, kpix 5. >> how many ghost towns do you have? >> zero. >> zero. >> liz? >> how about. >> just four or five ghost homes. >> we knew it. [ laughter ] >>> let's go right out to san jose. this is turning into a traffic mess right now. i mentioned this traffic alert in full effect all lanes blocked southbound 101 at tully road and we have learned that some people are going the wrong

well, the realtor says it was priced ambitiously, at $1.45 million. is what realtors now call stale. nearly three quarters, actually of the homes for sale today could be characterized as stale, on the market for more than a month, according to real estate brokage red pin. in some markets like charlotte, north carolina it's even worse. 95% of the market stale. but does a house really need to sell in 30 days? well historically no. but today, yes, because of this. umpteen apps that tell every potential buyer out there every last detail about every house, every comp every block of every neighborhood. so buyers block of every neighborhood. buyers know literally in seconds what they see and whether it's a good buy. it seems that things can get stale a lot quicker nowadays than they ever could before. if you want to hear more from the ceo of red fin on this we have it online realtycheck.cnbc. come. >>> aerie pharmaceuticals losing more than half of their volume today after bad news about the company's key drug. that's why so many investors play in etf, like

for example, if a realtor in arizona works with a veteran who wants to use his or her v.a. ell gict to purchase a home, they offer v.a. home loans but due to the current restrictions, the process is different if a veteran shops for a manufactured home. manufactured home sales centers have a marketing table where lenders place lending and marketing materials. they cannot assist veterans in finding lenders. when a vent ran enters the home center, they are instructed to go to the table and sit through the brochures to determine which linder is best. there may be a dozen different leapeders available on this table. this is a very daunting and discouraging process for most borrowers, especially for first-time home buyers. if they could have put them in the direction of a lender that offers v.a. loans, the veteran would have been taken care of immediately and be able to make an informed and confident decision. this will remedy the consequences of unintended regulations by providing more opons and better advice. the bill amends the definition of a high-cost mortgage and correspond