joining us to discuss this is the ceo of redfin.a crazy day for tech in the markets. are you getting caught up in that or is this something different? guest: i have no idea. i sound a little froggy. we had a great quarter. we beat our own expectations and analyst expectations. there's going to be volatility in the stock arc it and the housing market. we can't worry too much about what happened to our stock in one day. emily: let's talk about your outlook on the market. there are some fascinating and unprecedented trends happening now. you are seeing this record people fleeing from the city. what are the trends that you would highlight? guest: i think you did a good job. america is on the move. right now, inventory is rock-bottom. it's like the soviet era supermarket. the shelves are empty. i've never seen any market like this. we have had listings with more than 150 showing request getting 30 or 40 offers. buyers are bringing lawn chairs to lineup to get into an open house. builders report that their weight lists are 90 deep for sin

redfin says the median asking price for a house in the u.s. hit $330,000, up 10% from a year ago. listings of homes for sale down about 12% for the year earlier, with the low mortgage rates a lot more people looking cierra and laura, but they're not finding anything because everyone's looking. there's just not the inventory we need. >> supply and demand. >> and multiple offers and they're snatching them up fast. big money. thanks. >>> 5:16 right now. tiktok is planning an aggressive move into e-commerce in the u.s., going head to head with facebook. "the financial times" reports the chinese owned app briefed advertisers on a new tool that allows its most popular users to share links to products and automatically earn a commission on any sales. >>> trending this morning, everyone is still talking about those super bowl ads. >> "today in the bay's" marcus washington joins us now a look at some of the big hits out there. good morning, marcus. >> good morning to you both. scott was talking about the housing market. well, there's an ad for that. we'll talk about that in a bit. there we

redfin says the median asking price for a house in the u.s. hit $330,000, up 10% from a year ago.tings of homes for sale down about 12% for the year earlier, with the low mortgage rates. a kentucky horse farm, look at this, a lot of people apparently do that. >> of course. see what you can get. thanks so much. 6:15 right now. >>> new this morning, tiktok is planning an aggressive move into e-commerce in the u.s. going head-to-head with facebook. "the financial times" the chinese owned app has briefed advertisers on new features, including the tool that allows its most popular users to share links to products and automatically earn a commission on any sales. >>> speaking of marcus, he joins us now, everyone talking about the super bowl ads, that's how it is on a monday morning after the super bowl. >> my favorite and dare i say it, the promos for cbs shows with sir patrick stewart and spongebob. marcus, there were some good ones this year. >> so many, i wish i could fit them all into the segment but i can't. let ames get to the ones people are talking about. let's talk about the ro