Americans Respond to Falling Home Prices

Q: The prices of U.S. homes fell by 3.2 percent in the second quarter, the steepest in 20 years. What do you think?

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Copyright 2007 Baron Briefs

6 Responses to “Americans Respond to Falling Home Prices”

  1. Chris Heath Says:

    3.2 percent is not to bad, but there may be worst to come.

  2. Cynthia Says:

    If the sales market is down it only means the rental or leasing market it up; investors beware, tenants are out and looking to move.

    Might be time to put your buyers hat on and get more investments; you are sitting on the top side of the sales market today.

  3. Neil Simmons Says:

    3.2 percent is not too bad!!! 3.2 percent in 1 quarter is big enough. If that trends continues we will be expecting a 12.8% fall in 1 year, and 25% fall over 2 years!!

  4. Lyn Smith Says:

    I think if 3.2% if the “worst in 20 years”, then it’s definitely not good!

  5. Alice Spencer Says:

    Really scary stuff.

  6. Lyn Smith Says:

    Sorry typo. I meant if 3.2% is the worst in 20 years then it is definitely not good at all!

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