[Moonman62]

This article is focusing on the areas with the biggest drops. In my area of Florida the median price for condos went up 8%. Why didn't ex-Texan post a story on that?

There are many reasons a median price can drop. Perhaps there was an expensive development that was selling last year that isn't there this year.

[vidbizz]

That is true. Our area has held steady.

I also think that all these realty offices closing has more to do with the advent of an individual being able to scout & find houses on the internet, thereby passing the middle man (agents).

In a tight market, people are looking to not pay commission. Real Estate is just beginning to feel the direct seller-to-buyer sales module.