Housing Sales: Snapshots, National and Personal

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The numbers are out: After four months of steadily increasing, home sales tapered off in August. We speak to Nicholas Retsinas, director of the Joint Center for Housing Studies at Harvard University, for a look at the national housing scene. Then, we take a look at the market from the perspective of three local players: Behrooz Shahidi, a realtor in New Jersey; Ken Ebaugh, a senior mortgage banker with Paramount Bank near Detroit; and Eric Mattinson, who is a first-time home buyer from Greensboro, N.C.