the housing website trulia reports renters will pay about 35% more than buyers in the current market. but last year, renters paid about 45% more than home buyers. the spike in home prices is largely the reason. home prices rose 14.7 percent in august. jed kolko of trulia says expect prices to continue upward. " it looks like home prices will continue to rise but not as quickly as they were earlier this year. we're seeing more inventory come onto the market. and that will help slow down those price gains." trulia reports buying is cheaper than renting in all one hundred of the largest metropolitan areas of the u.s. the biggest discount is in detroit where it is 65% cheaper to buy than to rent. florida is becoming a critical destination for doctors. the largest and most advanced medical simulation facility is located in tampa. jackie keenan reports on how its improving the health care industry. this could be any hospital room in the country - an elderly grandmother looking over her grandson who is getting very sick, very quickly. a medical team rushes in - asks questions - and treats th

if you're out there hunting, you can access this information on the web now, on the trulia mobile appfall. in san francisco, scott budman, nbc bay area news. >> san francisco mayor ed lee is planning to kickoff electric vehicle week tomorrow. it's two days of learning about the latest charging and mobile technology. it's free. you can fest drive a leaf, a prius and even a tesla model s. it's a five-day event in san francisco and santa aanna. charge across town promotes electric sweek vooeks. and we are back in a moment. it's halloween time my frightful fiends, and disneyland is ours! going down! boo! with haunted mansion holiday... space mountain ghost galaxy, and wicked fun in both parks, the disneyland resort just got spookier! visit disneyland.com/halloween trick or treat. >> in case you misthe it, the prime time emmy awards were tonight. "the voice" beat "the amazing race." if you're a fan of the voice or if uh yoer. >> interested perhaps in checking it out, you are in luck. season five is a singing competition kicks off tomorrow night right here on nbc bay area at 8:00 p.m. that

and if you're out there hunting, you cans a s s access all the w on the trulia mobile app late they aret right on cue. >> right now it's so gorgeous. >> i can't believe the change is on the way, jeff. >> i know. i said rain in the newsroom earlier, we had a tour coming through, they put their hands up in the air and they were super excited. >> we haven't seen it in a long time. >> the focus group is about 10 to 13, but they want, it we're going to give it to them. we have adcz developing syste f offshore that will provide drastic changes. i want to take you onto the northern branch of this storm system right now near canada, also washington. we're noticing a decent amount of uplift with the frontal system offshore, so to us that's a good indication that we will definitely get some sort of wet weather here as we head throughout saturday's forecast. we're going to have more on that coming up, but i also want to take you to the other thing we're all going impacted by, and that's the much cooler weathe[5á from livermore at 94 to 75 by saturday. san jose also from 88 to 73. and san francisco

>> so trulia went public about a year ago.lly we focus on helping consumers. we continue to do that giving them information about real estate and providing marketing services to real estate agents. we closed an acquisition, market leader, a huge deal for us. they're the leading providers of software services to real estate agents, helping them run their business with the tools to help them manage their leads, turn leads into closings. we think of this like the operating system for the real estate industry, the same way spend half their days in front of linked in, real estate agents spend half their day with market leaders and now we have the largest number of subscribers in the real estate industry. >> there was initial resistance from the real estate industry. this is you working in hand with them. >> so, for instance, helping provide leads and turn those into transactions. the real estate industry has been underserved by technology over the last several decades and their world is turning to mobile. we have the broadest set o

housing prices and sales as hot as they've been in nearly a decade, this app from san francisco's trulia might be a good place to start. and it will go much deeper than just dollars and cents giving you a sliding scale to help you make your decision. >> for example, mortgage rates are changing. an individual's situation might impact how much of a down payment they put down, which then affects obviously how much you're paying interest on. different people have different thoughts about how much they want to put into renovating or upgrading a home. >> reporter: for real estate agent mark, rent or buy is a constant discussion. >> somebody that wants to rent, maybe they've had trouble with a credit history issue, and in their mind they're thinking, well, i can't buy a car now and i had trouble getting a credit card. i certainly couldn't get any real estate. >> reporter: for true l trulia about getting personal for people looking for a place to live. in san francisco, scott budman, nbc bay area news. >>> much more ahead on "today in the bay." coming up -- >> i honestly thought at first it migh

that was jed kolko of real estate site trulia dot com. the study also finds that fewer younger americans are moving, a trend tied to unemployment. its setting up to be a big week for ipos. among the companies: real estate company re/max. the housing market rebound could make this a stock to watch. its expected to begin trading wednesday, with the stock likely to price between 19 and 21 dollars. burlington coat factory is also expected to debut wednesday and hoping to sell 13-million shares between 14 and 16 dollars. and reports say sandwich chain potbelly will list on the nasdaq thursday, with shares expected to price between 9 and 11 dollars. humans are to blame for climate change, according to a report. the intergovernmental panel on climate change says global warming is 95 percent caused by man-made carbon dioxide emissions. the last two centuries are the warmest in the last 800 years. the study says global warming is resulting in extreme weather disasters, such tornadoes and floods. critics believe weather patterns are cyclical. the s

jed kolko of trulia tells us there is still room to grow for new home construction. construction in the us is still about 40% below normal levels. now some of that may be due to the difficulty finding lots, and the challenge in finding skilled labor for construction projects but i think the bigger factor is there's still not that much demand for new construction. there's also a shortfall of developers. following the housing crisis -- many residential developers left the industry, and have yet to return. apple will hold nearly simultaneous media events in the u-s and china. for the first time.. apple is expected to unveil its latest iphone september 10th. now comes word that the company has invited chinese media to an event in beijing on september 11th -- just hours after the u-s gathering. there is speculation that apple will also reveal a deal with a chinese telecommunications company. microsoft has a launch date for it's next generation xbox. xbox one will be available in stores november 22nd. it will carry a price tag of $499.99. the tech company is already warnin

this is linkedin, trulia, facebook. basically unchanged. no results.et these are exploding up 100% and 200%. in the last six months, linkedin has underperformed the group. and if you see the stats here, it has been the most sort of benign and we think that's an opportunity. we think it's going to catch up to some of the others. looking at the chart of linkedin, what's important is the well defined levels from which it broke out. when you break out from a range, a period of equilibrium gives way to dis-equilibrium. you only gap with news. it obviously has to be good news. then you get a second gap. often you get a third. that's probably earnings or something like that. another piece of good news. presumptively one more at which time we'd fade the name. play for that third gap for now. >> mike khouw, it's interesting he focuses on linkedin. they have a different business model from these internet stocks. it's more of a subscription base which levels out the revenues you can see down the pike. >> that's definitely true. like many subscription models, once

the real estate came back to earth and it's trading at $22 six months later with the chatter that truliatten big. and zillow, with a $100 stock that seems to go higher by the day. when i mentioned zillow a week ago, i was bombarded by people who thought it was overvalued, including a fellow who was all over me with top notch research about what a joke zillow was. wanted to know why i was such a loser! and i quote, it doesn't even own content, the guy said, doesn't even own content. maybe somebody should tell australian billionaire james packer that. last night, this billionaire bought what -- well, he bought 9.4% of zillow. no wonder it's reached it secondary price at $82, a 3% discount to the last sale. packer probably bought it all. finally there's yelp, the provider of online listings and reviews with so much mobile momentum. it flew straight up to $24 the first day of trading. a few months later as part of a broader june swoon, yelp dipped below the offering price. but thanks to a series of quarters with spectacular revenue growth, stock is now powered higher to $55. as yelp clearly

what's wonderful is according to the trulia trends report, what happens is when you have low unemployment. it's about 2700 square feet, three bedrooms, 2 1/2 baths. this has got fantastic curb appeal. it's a full brick house, two-story entryway. it's got a vaulted ceiling in the kitchen. hardwood floors, crown molding, a coffered ceiling in the bedroom. >> steve: it sounds like you want to buy it n let's all move there. it's great. this is going to cost you about $1,100 a month. >> steve: okay. next up, let's go down to austin, texas, one of the most wonderful cities in america. nice house can cost you $210,000. tell us about this one. >> this one, they are also the unemployment rate is down to 5.6. this is another really good house. this is only 210. it's three bedrooms, three baths, about 1700 square feet. it's got a big open floor plan, full remodeled kitchen, really huge backyard, mature trees, wrap around porch. again, great curb appeal. going to cost $1,100 a month. >> steve: all right. and finally, perhaps the greatest investor of all time is warren buffet, he lives in omaha, nebra