From Forbes regarding decline in home prices:

[sprinkleeninow]

In a statement, S&P managing director Craig Lazzara said the decline “clearly” shows the growth of home prices peaked this spring and that the “forceful deceleration . . . may well continue” as the Federal Reserve continues to move interest rates higher—making mortgage financing more expensive and housing less affordable amid an increasingly challenging economic environment.

https://www.forbes.com/sites/jonathanponciano/2022/10/25/housing-market-collapse-forceful-slowdown-in-home-prices-as-warning-signs-become-eerily-similar-to-2000s-crisis

[Thanks Fed. Chair. et al...]

[multigraincracker]

1. Not as bad as 2008 I hope.

But, I did get a deal on a house back then. Not interested in buying or selling now.

[Bluethroughu]

2. Where's the talk about corporate profit margins at an all time high?!

On that's what we need decelerating opportunity for people because greed is good. Get him out.
He's been wrong for 40 years, and that's why we are where we are.

Biden and the Democrats tried to equal the playing field with the cares act and student loan forgiveness. The rich can't handle it, people don't have to stay in dead end jobs, they can find somewhere else with better pay and gratitude.

Tax the rich and the churches pay off the debt!

[underpants]

4. There is almost no mention of corporate profits

on the corporate news operations.

As I say and post all the time - we didn’t really think that food and oil were going to let US keep all THEIR 2020 money in OUR pockets now did we?

[Bluethroughu]

5. Oh I totally agreed, and knew they'd take that opportunity out of the hands of people...

Because there is no opportunity in the GOP fascist state.

[mahatmakanejeeves]

7. Why would you expect that in an article about home prices? And who's been wrong for 40 years?

Where's the talk about corporate profit margins at an all time high?!

On that's what we need decelerating opportunity for people because greed is good. Get him out.
He's been wrong for 40 years, and that's why we are where we are.

[Bluethroughu]

8. The GOP and chairman Powell of the Federal reserve.

Their Reagan-economics agenda of deregulation, capitalize and monetize healthcare, utilities, and our commons while allowing bundling of mortgages(housing) has caused the greatest inequality and instability in our history.

When everything is a bet in a market, that the large monopolies and billionaires are allowed to short or buy, they fix the market they can control with their wealth, which in returns controls all of us.

Powell should not be raising interest rates, that only hurts the less fortunate while giving more wealth to those who already have it.

The inflation in commodities is greed at the corporate level.

Powell needs to go. His policies are antiquated and actually aid the minority wealth over the majority population.

[Skittles]

3. they need to decelerate

they are ridiculously overpriced

[no_hypocrisy]

6. IMO, the prices of homes weren't matching their actual value for a long time.

Homes/Property were being treated as investments, commodities versus security for families. An option to avoid homelessness or indefinite renting.

A lot of investors or investment houses have subjects that are "underwater" as their mortgages are higher than the resale value of the properties obtained.

And ironically, falling home prices still make buying a house unobtainable for many people as what they save in the price of the house is now moved to what they pay in interest on the mortgage for that house. And you pay for the interest for several years before you begin to pay for the principal of the mortgage, i.e., paying for the equity for the house.