Here is [a clip of my appearance](https://millersamuel.com/press/view.php?V=1169747706YdNLt) on today’s _Morning Call_ show on CNBC.

The topic was brought about by [Adam Koval, who runs Socketsite.com](http://www.socketsite.com/), a web log that covers the San Francisco housing market. Adam’s theory is that the condo market is a good indicator of the health of the overall housing market. This was covered in a CNN/Money article by Les Christie called [Condo prices reveal housing trends: Comparing condo prices may be the best way to gauge the direction of housing prices.](http://money.cnn.com/2007/01/18/real_estate/condo_prices_reveal_trends/index.htm?postversion=2007011813) and I was quoted as not agreeing at all with the premise.

The CNN/Money article interested CNBC and they invited us both to appear in conjunction with NAR’s housing stat release for December. Adam and I have traded emails and we are on each other’s blog roll but I never knew what he looked like until we went “split screen.”

He and I were interviewed on CNBC Morning Call by [Mark Haines](http://moneycentral.msn.com/content/CNBCTV/TV_Info/Anchors&Reporters/P2247.asp) who was great as usual.

As is the way on television, there was not enough time for the topic but it was fun to do. I was itching to respond to the last question but we ran out of time. Since I don’t agree at all with Adam’s premise I’ll present my argument as a post tomorrow.