One area of the economy that was really hit hard recently was home sales. It seems that everyone wants to sell their house, but there are few buyers. Home prices fell again in August leading to disappointment for many sellers. Experts believe that the market may be depressed for some time.
The Obama administration is doing what it can to improve the situation, but there is little they can do when the problem is so large. It seems that only time will provide a cure and the housing market will regain its former zing.