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A sign is posted outside of the Candlestick Cove housing development on February 26, 2013 in San Francisco, California. The Commerce Department reported today that sales of new homes in the U.S. surged nearly 16 percent in January from the previous month to the highest level since July 2008.
There's a good chance that inside Twitter's San Francisco headquarters, employees were raising a glass this morning to celebrate the IPO. Meanwhile, outside their offices, demonstrators have been protesting what they call a severe crisis of affordability.
A new report out this week shows home prices are skyrocketing, as are evictions. For more on this, we're joined by Marisa Lagos of the San Francisco Chronicle.