[Rebecca]

In July, the pending home sales dropped for the third straight month in a row, and analysts are predicting that this is an indication that they will continue that way for the rest of the year. They think the fact that the $8,000 tax credit for first home buyers ended has a lot to do with this.

[Gmills]

I would have to agree with you on that. It seems like it is getting impossible to sell a home. The sad fact is there are now more homeless than ever. There are tons of empty houses here that the city and banks own and still people are living on the streets.

[onmars]

The numbers prove your right. As soon as that expired the numbers dropped. Now Obama wants to invest a billion dollars in economical stressed areas. The money would be used to make zero interest loans for home buyers. Question is can he get this done or will opposers stand in his way. What do you think of his idea?

[elizabeth]

I have to question any idea that Obama or his administration bring to the table for homeowners. He had plans in place to help rewrite mortgages and the red tape was so bad only 1-2 % of applicants actually benefitted.

[jason]

Believe it or not, some people are still asking over $150 a sq ft for their homes around here. I've even seen a few over $200 a sq ft. How they can justify that when people are asking on average $70 or less is beyond me, but then you wonder why those houses are on the market for a year or more.

[Lincoln]

Some people are slow learners I guess Jason. It's gotten to the point where nobody's house is better than anybody else's. A mansion in Bel-Air, or a shack in the ghetto. It doesn't matter, because neither one will sell fast.

[Nanci]

It's just another sign of our weakening economy. It's sad because if many people can't sell they are going to lose their home completely. The other thing is many of them can't ask any less than they are asking because that's how much money they still owe on their homes. Many are just trying to break even so they don't lose it completely.