redfin ceo -- redfin's ceo. always appreciate it.oming up, booster covert shots -- will we need one to fight covid variants? and coming up, german chancellor angela merkel rejected a u.s. proposal to waive patent protections for covert shots. we will bring you the latest there. this is bloomberg. ♪ emily: jeff bezos sold about 2.5 billion dollars of amazon stock this week, his first big disposal after offloading about $20 billion in shares in 2020. he still holds more than 10% of amazon stock. and moderna is out with new data that shows its covid booster shot is working against dangerous variants out of south africa and brazil. the data is still gathering on other boosters. does it mean we will need more shots? i spoke with moderna's cofounder. we are getting new headlines that moderna's booster shot works well against variants in your midphase booster trial. how important is this news? >> i think it is very significant because every version of products that we can advance and show efficacy and safety in is also saving lives, and as

and then the redfin ceo promised any seller that she would name their firstborn after them.: what has it come to that you cannot even get a house if you promise to name your firstborn after the seller? >> there's an incredible shortage of homes to buy. young families looking to buy homes, low mortgage rates going in, and this is where we have been. i do think it is one of the surprises of the pandemic that for a year now, the u.s. housing market has been as hot as it is. it has been a shock that this has run so hot for so long. caroline: now we start to see the cracks really laid there where builders cannot build them fast enough. we are seeing people just not buying to the same extent because they cannot afford it. where will we start to see the break? >> you are seeing that with new-home sales being down. that's first-time homebuyers not being able to find affordable properties in the market. there was a demand for larger homes, home offices, that has been going on the last year, but in some ways, this rally has been fueled by vacation homes, and i think you are seeing fir

. >>> a new report from redfin says the value of all the houses in america that have been or will be sold in 2021 is bigger than the gdp of france, more than $2.5 trillion in home sales. march was the hottest residential housing market in decades as mortgage rates were very low, many people deciding never to return to the office, they're going ofind a house where they can work from home. >>> home ownership is the biggest single contributor to wealth to an average american middle class family and we're seeing big spikes in home value. the biggest since 2013. >> just hard to afford it for a first time home buyer and middle class families. tough. all right, scott, thank you. >>> nbc is pulling out of the golden globes. for now so the network will not air next year's awards show. the event has come under scrutiny for its lack of racial diversity among voting members and ethical concerns. nbc says if hollywood foreign press association meets its reform goals, the show may go on in 2023. the actor tom cruise reportedly just returned all three of his golden globe awards in the wake of that