S&P downgrades US credit rating and Fannie Mae says to expect continued housing depreciation...

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Not good for sellers...I guess the writing was on the wall!
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August 05 2011 - US

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Profile picture for Derek_Zasaretti
BUY BUY BUY!
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August 05 2011
Profile picture for Michael Helton
You know what NAR would say:  "BUYSELL!!!"
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August 05 2011
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Not good for buyers or sellers. 
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August 05 2011
Wasn't S&P the rating agency that gave sub prime mortgages a Triple AAA rating in 2006. How did that work out?
  And Fannie Mae is asking for another 5 Billion Handout from Uncle Sam, they really know the real estate business. 

David Cooper
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August 06 2011
 
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