Comments on: Good News, Bad News: Home Prices Fall Off A Cliff; Big AntiTrust Case May Help Home Buyers

By: Clifton Pape

Clifton Pape — Fri, 30 May 2008 02:42:29 +0000

Good information! No matter what you think simple economics tells you that if you cause prices to drop the result will be an increase in demand. This can only help stimulate the housing recession.

Thank you, Mr. Feldman I believe you did a good job at describing the macro-economic possible changes that could occur because of this settlement/deal on the aggregate real estate market.

By: Las Vegas Real Estate Guy

Las Vegas Real Estate Guy — Thu, 29 May 2008 17:45:58 +0000

Discount brokers are nothing new. They’ve been around in some form for a long time. It will be interesting to see what changes though.

By: Jim Lee

Jim Lee — Thu, 29 May 2008 13:46:25 +0000

The DOJ vs. NAR lawsuit will mean very little if anything to anyone.

NAR had already changed their policy on Internet display of listings just after the DOJ filed their lawsuit.

And of course the media still spreads that myth of a “national real estate market” when there is no such thing just like the national weather report. If you live in south Florida do you dress for the weather in Minot, South Dakota in January?

Real prices are chiefly driven by local economies.

By: Zercustoms

Zercustoms — Thu, 29 May 2008 08:58:55 +0000

I don’t own a home at the moment, but I’m looking to buy one.

I wonder how much more the prices are going to fall…

Should I buy now (I’m afraid their going to rise again), or should I wait a little more…

By: gesetzliche Rentenversicherung

gesetzliche Rentenversicherung — Thu, 29 May 2008 07:02:26 +0000

I think that the housing mortgage mess has spilled over into the auto industry in a very big way. Mostly because many people can’t borrow against their mortgage.

By: Roberto

Roberto — Thu, 29 May 2008 03:17:27 +0000

interesting — and right on about the market. i’m down in southwest florida and its bad down here. 2,000 homeowners filing for foreclosure in my county since the beginning of this year…

By: Bryce Beattie

Bryce Beattie — Wed, 28 May 2008 23:11:35 +0000

But seriously, who couldn’t see this coming? You can only over-inflate a balloon so much.