Historic lows in new housing sales

Home sales are lagging of new and existing homes, despite a federal tax credit worth thousands of dollars to some homebuyers. A look at what the weakness in the housing market is doing to the economy and people's abilities to buy and sell homes.

Guests

• Nicolas Retsinas: Director of Harvard University's Joint Center for Housing Studies.
• Teresa Boardman: Local realtor who runs a blog called "St Paul Real Estate."
• John Burns: CEO of John Burns Real Estate Consulting.

Resources

• About Nicholas Retsinas
• St. Paul Real Estate
• John Burns Real Estate Consulting
• Saint Paul Home Realty