Hopefully our gov't doesn't think we will believe them when they say they "...are taking action to stem the erosion of home values" I can sit here and guarantee with complete confidence that no matter what the gov't does, home values will continue to decline. The federal government can buy every single house currently for sale and home values will continue to decline. They can create incentives for home buyers and home builders but...home values will still continue to decline. I can state that as fact ...Why?... it's pretty simple. Home prices are still too high. Because there will never again be relaxed lending standards, the pool of potential buyers has been dramatically reduced. If unemployment continues to rise as expected, that will reduce the pool of home buyers even more. In addition, the lending industry is returning to they old requirements for mortgage approval. No more "liar" loans and no more no money down mortgages. So the only way that more home buyers will be created is by home prices continuing to decline. That is the only way, no matter what anyone says the gov't will do.