The average price for the existing single family home hitting a record high. New quarterly report from the National Association of Realators putting the national median at nearly $430,000. Now that's up 1.7% year-over-year.Joining us right now to talk about it is Lawrence Yun, National Association of Realtors, chief economist. Good morning to you. tell us what's going on around the country and then we can get into maybe some different individual markets because $430,000 is a lot in some markets but it's not ...

I want to talk about the Fed and cuts. I just did a snap poll on X and we have most people think to cuts. That seems a majority.Second, most would be one and then 13% said zero. I'm in the 13% camp. I just don't see the need for it.What's the problem here. Why cut rates. Why change something if it seems to be going so well right now.So. So I throw out one thing. So you think about the Fed raised interest rates 500 basis points.What was the impact on the economy. Not really debilitating. And I think one thin ...

Okay, we're gonna pass from Steve to Steve. So, Steve Graass, so I'm going to kick it off with you just because the name was top of mind. Nice.Uh, have Steve Leeman on more. Well, listen, two big interviews today. Waller made comments.I just don't know if anybody has any visibility, including Jay Pal on down about where things are going to be given we don't know what oil prices are going to do, inflation's going to do, tariffs are going to do. So, you know, when you look at uh the Treasury Secretary uh Bess ...