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How Much Worse Can Housing Slump Get?

CNBC.com
Tuesday, 25 Sep 2007 | 3:51 PM ET

There was more bad news for the housing sector Tuesday. Both sales and prices of existing homes continued to fall, while inventories rose.

CNBC asked the experts for their outlook on the turbulent real estate sector. Here is a sampling of their answers.

Trump on Housing
Donald Trump, president of the Trump Organization, shares his thoughts on the real estate market with CNBC's Erin Burnett

'The Donald' On Housing

Donald Trump, developer and president of the Trump Organization, tells CNBC's Erin Burnett that beyond "strong pockets" like Manhattan, the housing market is "going to get very bad" before it turns around.

Homebuilder Picture
A look at the homebuilder picture, with Robert Shiller, Yale School of Management economics professor, and David Seiders, Natl. Assoc. of Homebuilders chief economist

Looking For A Bottom

Has the market started to level off for homebuilders? Robert Shiller, economics professor at the Yale School of Management, and David Seiders, chief economist at the National Association of Homebuilders, share their views with CNBC's Bill Griffeth.

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Existing Home Sales Slump
Discussing what is causing the slump in existing home sales, with Barbara Corcoran, barbaracorcoran.com, and CNBC's Diana Olick & Dylan Ratigan

Home Sales Hope

Barbara Corcoran, founder of The Corcoran Group, compares the current housing downturn with 1987 -- and explains why 2007 is "not nearly as scary." With CNBC's Diana Olick & Dylan Ratigan.

Lennar Posts Losses
More trouble for homebuilders, with James F. Wilson, JMP Securities managing director and CNBC's Erin Burnett

Losses At Lennar

James F. Wilson, managing director at JMP Securities, tells CNBC's Erin Burnett about the implications of the No. 2 U.S. homebuilder's earnings report -- its worst quarter ever.

Home Price Index
Inside the numbers, with David Blitzer, S&P 500 index committee chairman, and CNBC's Erin Burnett

Decoding The Index

What do the Case-Schiller Home Price Index numbers mean? Insights from David Blitzer, managing director and chairman of the S&P subindex committee. With CNBC's Erin Burnett.

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