New And Existing Home Sales Continue To Languish

RE:New And Existing Home Sales Continue To Languish

Roger Herrick — Sun, 14 Oct 2007 11:00:00 GMT

What's next for real estate? Let's think about this. With changes to credit availabilities the tightening will create large numbers of people will now be unable to purchase a home. It doesn't mean that people won't still need to sell though. Consequently, we're seeing increasing inventories and increasing marketing times. Many areas of the country are already experiencing well in excess of 18-24 months.

RE:New And Existing Home Sales Continue To Languish

Luis Salim — Sat, 30 Jun 2007 11:00:00 GMT

Apology for disagreements. During the last five years, the ranks of Realtors and mortgage brokers more than doubled. The going was good. Everyone had both licenses and raking $ from both sides. The old professionals kept on doing their job and today are the only ones left. The mess was not done by the little people. It was done by all those pointing fingers down to those where the rubber meets the road. Check the pockets of those in Congress, regulating agencies, GSEs & Wall Street investors.

RE:New And Existing Home Sales Continue To Languish

endalyte — Thu, 28 Jun 2007 11:00:00 GMT

Yes regulation will control pricing just like it controlled pricing for phone service ..... 0.50 a minute and airline flights $500 for one way! Government is suppose to protect the ability, fredom and bounderies of of the market. It's job is not to micromanage it. If our real estate market was in such bad shape foreign investors would stop buying. Customers have already started flexing their muscle and realtor fees keep dropping. oh almost no one complained when housing was going up!

RE:New And Existing Home Sales Continue To Languish

rockinon — Tue, 26 Jun 2007 11:00:00 GMT

THE NAR is fake, they helped create the market we are in today....of course they are trying to soften the blow or distract from it by blaming some thing or someone else besides themselves and the industry who got us in this mess...........WE NEED STRONG REGULATION ON HOUSING SALES ESPECIALLY!!!!!!!!