Comments on: Breaking News: Existing Home Sales Fall by Largest Amount Ever!

By: Dallas Real Estate Buyer Rebate

Dallas Real Estate Buyer Rebate — Tue, 27 May 2008 01:37:26 +0000

There will always be ups and downs in the economy. But as far as my experience goes, people buy homes in both times. The sales just happen for many reasons. Maybe people have surplus income, the prices are low etc.

By: Jennifer

Jennifer — Thu, 25 Oct 2007 14:14:33 +0000

While things on a national level may be rocky, there are several places where things are doing quite well. [My own personal market is fairly flat - which beats a decline any day of the week.] Real estate is local, and there can be exceptions to a market snapshot even within the same city where various areas/neighborhoods buck the trend of a softening market.

By: Dallas Homes

Dallas Homes — Wed, 24 Oct 2007 20:12:03 +0000

I’m not sure how bad it really is, we’ve actually been selling just as much as in years passed. The only downtime we’ve had was in January, besides that we’ve been blowing and going.

By: nuShack

nuShack — Wed, 24 Oct 2007 15:35:52 +0000

Where I live, forclosures have skyrocketed. Builders have started offering big discount on new homes as well.

As long as lending restrictions remain loose, these problems will persist, if you ask me. This has been a long time coming, a long time of “exotic” loans. Following them up with more exotic loans won’t help.