video

The Number: 101.7

That's the pending home sales index from the National Association of Realtors, up over 12% from a year ago. Dan Gross and The Matrix's Jonathan Miller reveal why we should be cautiously optimistic.

08.29.12 3:26 PM ET

That's the pending home sales index from the National Association of Realtors, up over 12% from a year ago. Dan Gross and The Matrix's Jonathan Miller reveal why we should be cautiously optimistic.