Wachovia Senior Economist Mark Vitner says that growth has kept demand for housing high.

NPR: Charlotte, N.C., a Sweet Spot for Housing

"I think the green shoots story may be a bit premature, " said Mark Vitner, economist at Wachovia Corp.

BBC: Pace of US job cuts slows in May

"The consumer looks a lot more precarious than he did a few weeks ago, " said Mark Vitner, senior economist at Wells Fargo Securities.

NPR: Stocks Tied To The Consumer Are Hot. Maybe Too Hot

"This serves as a big reality check for folks that were thinking that economic growth had ratcheted up to the point where the Federal Reserve didn't need to worry so much, " said Mark Vitner, economist at Wells Fargo Securities.

WSJ: Job Growth Loses Steam