How is your real estate buissness in your city? Are they doing bad?

The price of houses has fallen—significantly in some areas, as there have been a lot of foreclosures in some neighborhoods—but condominium and rental markets are strong.

Terrible. House prices in Florida are very bad. You sell your house for $500,000 and then you go to buy a smaller house and it cost $750,000.

@speakerhead: that sounds like housing prices are doing well, if they’re increasing that much—or that you sold your first house for far too low.

Seattle is finely coming down in price. House prices have dropped significantly in the past 8 weeks. “Bad” depends on if you are a seller or buyer. As buyers, we are loving the drop in housing prices.

Riverside County, California: in the toilet.

San Diego and Los Angeles… Terrible. Foreclosures by the hour.