http://www.mortgagenewsdaily.com/7112007_Housing_Indicators.aspThe Office of the Chief Economist of Freddie Mac issued its monthly economic outlook for July on Monday and, in the narrative provided a helpful analysis of the reasons for the confusing messages emerging from various reports on current house prices.enCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/7112007_Housing_Indicators.asp#14240Thu, 12 Jul 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:14240GeofreyThis is a great article. I am in the industry and what I have seen is an increase in work for me. Despite the depreciation in the housing market there are many people who are interested in the reasonable buy of a house. This may scare the investors but overall the market is fair and rates are still reasonable for a first-time home buyer. Overall, though great article, this helps me become more aware of the problems that are ahead of us.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=14240" width="1" height="1">http://www.mortgagenewsdaily.com/7112007_Housing_Indicators.asp#14239Wed, 11 Jul 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:14239JohnWell I am Not suprised, after 5 years of tremendous price increases this is a natural progression of things. I truly believe its a lot worse than we are seeing and its the calm before the storm.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=14239" width="1" height="1">