Housing Prices Climb In Seattle, But Have They Climbed All The Way To Recovery?

Seattle homes are now worth 14.4 percent more than they were a year ago. That’s according to Seattle based real estate firm Zillow, who release monthly reports on the value of homes in Seattle and elsewhere in the region. On the national level, the US has just made it through our 12th straight month of increasing home values. Top Zillow officials say that these numbers are a good indicator that local and national housing markets are showing significant improvements. Ross Reynolds talks with Zillow's Cheif Economist Stan Humphries about buying, selling and renting in western Washington.