[SeekAndFind]

[Jim Robinson]

Let me count the reasons. FDR. LBJ. Carter. Clinton. Dodd. Frank. Obama. Even Bush.

Government is the problem - RR

[Cementjungle]

Because conservatives are out of money, and liberals are waiting for the availability of the first iHomes (tm) before they spend their hard-earned welfare money.

[dalebert]

prices are falling but tax assessors are raising appraisals to hike taxes..

[bert]

Keep in mind the red curve is a national moving average and is not applicable to much of the country.

The blighted cities and places like Michigan and Ohio are badly skewing the averages

[muawiyah]

One factor we've not had to deal with in the past ~ except in the bombed out slums of some major cities ~ is simple wear and tear.

The older a residential property becomes the more it costs to maintain it (including rehab as a cost of maintenance).

Absent that rehabilitation the sale price must be discounted appropriately.

If you don't build any new houses for a couple of years, you should begin to notice the impact of wear and tear on the aggregate housing market price structure.

[bonehead4freedom]

Unexpected lack of confidence in the housing market,unexpected increase in unemployment,unexpected decline in retail sales,lower then expected investment in new business growth.Why is it so unexpected?The policies are all anti-growthnothing unexpected about it unless your a kool-aid drinking msm reporter!

[org.whodat]

Prices are falling because they were suppose to before the stupid bailout and the continues effort by the government to prop up price. The more they fall the more exposure to the derivative loss at AIG and other banks.

It is call over supply, some of you forget that, we have about 14 +/- millions homes people do not want and cannot afford. Not to mention the pending glut of foreclosures to come.

[Wayne07]

Looking at prices in the past, after a bubble, prices usually drop below the trend line before recovering. We still have a little way to go before that happens. I think it is natural for prices to continue to drop, and the government should stop meddling and trying to control the market.

[Leftism is Mentally Deranged]

If you don’t have a job you don’t think of buying a house.

[KC_Conspirator]

One must have a job in order to have money to buy a house?