The recent housing slump means that a lot of people are having a rough time trying to sell their home right now. It's a buyer's market when it comes to house sales right now, which means house prices are below average and there are lots of homes that are currently being sold. Today's lower prices means that a lot of house sellers aren't getting as much profit as they'd like out of the sale of their existing home and it means they don't have as much to spend on a new home.