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Midmorning: Home sales and spies

Posted at 7:21 AM on March 28, 2007 by Bill Wareham

New home sales are dropping while existing home sales are on the rise. At 9 a.m., Midmorning examines the mixed trends in real estate and the impact of lending practices on the industry as a whole. Kerri Miller's guests are Patrick Newport, an economist with Global Insight; John Smaby, a broker/manager with Edina Realty and former regional vice president for the National Association of Realtors; and Todd Bjerstedt, a new home builder and president of Todd Allen Homes. He has also served as president of the Builders Association of the Twin Cities in 2000.

At 10 a.m., an acclaimed author and a former Iranian hostage talk about the Iran's latest seizure of British sailors and about the business of gathering intelligence. Kerri's guests are Mark Bowden, author of Guests of the Ayatollah, about the Iranian hostage crisis and of Black Hawk Down about the U.S. involvement in Somalia; and William Daugherty, a former CIA agent and one of the hostages held for 444 days in '79 - '80. He's the author of Executive Secrets. He teaches political science at Armstrong Atlantic State University in Savannah, Georgia.